JACKSONVILLE, Fla., Sept. 12, 2013 /PRNewswire/ -- CSX announced today that the Mid-Atlantic Industrial Rail Park in Brunswick County, North Carolina, has been designated a CSX Select Site. Select Sites are locations for manufacturing projects along the CSX network that can progress rapidly because standard land use issues have been addressed, and the site is ready for development following a comprehensive due diligence process.
"We are excited to add this property to the Select Site program," said Clark Robertson, assistant vice president, regional development, CSX. "The Mid-Atlantic Industrial Rail Park site is competitive and delivers on our program objectives to provide industrial companies with easier development decisions, and faster speed to market."
"Through the Select Site program, we can increase speed to market and lower up-front development risk for companies seeking industrial property for manufacturing operations," said Robertson. "This program also helps communities identify and prepare sites that can compete for new investments and job creation."
CSX introduced the Select Site program in 2012 to better serve customers in their own backyards by adding rail transport access routes for some of the premier manufacturing properties in the eastern U.S. CSX partnered with The Austin Company, a nationally recognized site selection firm, to screen candidate sites and assist communities with the application and certification process."The Mid-Atlantic Industrial Rail Park offers a large, rail-served industrial property located less than 20 miles from the Port of Wilmington," said Jonathan Gemmen, senior location consultant, The Austin Company. "This is an ideal site for those manufacturers with an international supply-chain or who serve overseas markets." To receive CSX Select Site designation, the location must meet a rigorous list of criteria, including infrastructure and utility availability, environmental reviews, appropriate zoning and entitlement, air quality permitting, rail serviceability, proximity to highways or interstates, and other attributes. Once certified, the sites are featured on a new user-friendly web portal that includes press releases, promotional materials and direct marketing to site selection professionals.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts