October 10, 2017
North Carolina Railroad Company Names Vice President of Real Estate
Andrew Tate

The North Carolina Railroad Company has named Andrew Tate Vice President of Real Estate.

As Vice President of Real Estate, Tate will lead the strategic focus for all of the real estate assets of the Company, including income and legacy properties, succeeding Charles Burnell, who retired earlier this year.

“The Vice President of Real Estate is responsible for managing the real property assets of the Company and we are pleased Andrew is joining our organization,” says North Carolina Railroad Company President, Scott Saylor.  “Anna Lea Moore will continue to lead our statewide economic development rail investment strategy and related partnerships.”

“We look forward to Andrew joining our team,” says Anna Lea Moore, Vice President of Economic Development. “His knowledge of economic development will be a great benefit to our company that was created for that very purpose.”

“The North Carolina Railroad is a visionary organization and its land assets are an integral part of our state’s infrastructure,” says Andrew Tate.  “I’m excited to transition into a new role managing this historic piece of real estate.”

Prior to joining the North Carolina Railroad Company, Tate served as president of the Henderson County Partnership for Economic Development for the past 10 years.  He is a graduate of the University of North Carolina at Chapel Hill.

 

About the North Carolina Railroad Company

The North Carolina Railroad Company is a private corporation whose stock is owned by the State of North Carolina.  The Company manages the use of 317 miles of track stretching from Charlotte to the Port of Morehead City.  The Company’s mission is to put the North Carolina Railroad Company to work for the good of the people of North Carolina and improve our state by expanding freight rail opportunities to grow business, enabling rail to move people and investing in North Carolina.

 

The North Carolina Railroad: Collaborating with Communities and Spurring Economic Growth

Today is NCRR Charter day. Our charter, signed in 1849, outlined a need to connect the state from "east to west." We're proud to say our 317-mile rail corridor helps move people and freight east to west AND north to south. Don't worry, we'll keep exceeding expectations.

The weight ratio between a car and a soda can is about 4,000 to 1. The weight ratio between the average freight train and an average family-sized car is also 4,000 to 1. When a car hits a soda can, the can is destroyed. Don't be the soda can. #STOPTrackTragedies

Did you know U.S. railroads, on average, move one ton of freight nearly 500 miles on just one gallon of fuel? That's about four times more efficient at hauling freight than a truck. So, who's interested in learning more about using rail for your freight shipping needs?

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