Thursday, March 01, 2012

CSX presents Partnershipping Award to Wheeling Regional Economic Development Partnership

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CSX Transportation presented its Partnershipping Award to the Regional Economic Development Partnership in Wheeling, W. Va., in recognition of its efforts to locate three energy-related projects that will be served by CSX. The organization also supported state legislation providing incentives for energy companies investing in the state.

The award was presented to RED by Clark Robertson, CSX's assistant vice president-regional development. RED was one of many partners working to bring Dominion Energy to Natrium, Caiman Energy to Moundsville and AES Drilling Fluids to Benwood, W. Va. According to RED, the total investment for these three projects will exceed $1 billion and create more than 100 long-term employment opportunities in Marshall County. The facilities also are expected to generate an estimated 9,250 carloads of freight annually for CSX.

"The RED team worked quickly and consistently to engage CSX Regional Development as a partner in helping create more economic opportunity for the region," said Robertson. "CSX was ready, willing and pleased to help. Our entire team looks forward to doing more work with the Regional Economic Development Partnership and to helping the area benefit from the continuing development of the Marcellus Shale area."

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