CSX Announces $5 Million Donation to the B&O Railroad Museum to Launch a Transformation of the Campus in Southwest Baltimore
June 08 2023 - 1:04PM
CSX Corp. (NASDAQ: CSX) today announced a gift of $5 million to the
Baltimore and Ohio (B&O) Railroad Museum in Baltimore, MD
towards the museum’s $30 million capital campaign in anticipation
of the B&O railroad’s bicentennial anniversary in 2027.
“CSX is proud to support the future of the B&O Railroad
Museum and help expand its role in the community,” said Joe
Hinrichs, CSX president and chief executive officer. “As the
successor to the Baltimore and Ohio Railroad, CSX has been an
integral part of the Maryland economy for generations. We are
thrilled to be able to deliver this substantial contribution and
serve as a catalyst of growth for this iconic institution and the
Baltimore community.”
The donation will be used to build the “CSX Bicentennial
Garden,” an amphitheater and multi-use space that can host local
organizations and hold community gatherings. This installation will
serve as a vibrant event space and provide a fresh, new location to
welcome visitors to the museum. CSX is the first corporate patron
to pledge support for the campaign, which will improve the overall
campus flow, add state-of-the-art educational space, including an
Innovation Hall focused on present-day and future railroad
technology, house extensive historical archives, and spark
community economic development.
“Today, we celebrate another great partnership between CSX and
the State of Maryland as we honor the birthplace of American
railroading, the B&O Railroad Museum,” said Governor Wes Moore.
“This campus transformation will serve our administration’s goals
of connecting institutions with their neighboring communities,
expanding workforce training opportunities on campus, creating
publicly accessible open space, and remodeling the South Car Works
building, our nation’s oldest, continuously operating railroad
repair facility as the new entryway to the Museum. Maryland will be
ready to celebrate the 200th anniversary in 2027.”
Baltimore built the first miles of America’s railroads. And for
nearly 200 years CSX and the B&O Railroad have been essential
to the growth of Baltimore’s economy and community. From the Howard
Street Tunnel modernization project to preserving the city’s
heritage at the historic B&O Railroad Museum, CSX continues to
invest in and serve the community it has proudly called home for
nearly two centuries.
"We are profoundly grateful to CSX for their extraordinary
commitment to the preservation and celebration of our nation's
railroad heritage," said Kris Hoellen, executive director of the
B&O Railroad Museum. “This significant contribution of $5
million dollars marks a milestone in our campaign towards
transforming our campus in preparation for the 200th anniversary of
American railroading in 2027. We thank CSX for their leadership to
catalyze our campaign and for recognizing the importance of
creating a beautiful, publicly accessible space in Southwest
Baltimore - the CSX Bicentennial Garden.”
Public-private partnerships helps the museum’s continued ability
to tell the story of how railroading has shaped the history of
America. With the inaugural contribution, CSX is encouraging fellow
corporate partners to support the museum’s campaign - investing in
Maryland and the future of Baltimore communities.
About CSXCSX, based in Jacksonville, Florida,
is a premier transportation company. It provides rail, intermodal
and rail-to-truck transload services and solutions to customers
across a broad array of markets, including energy, industrial,
construction, agricultural and consumer products. For nearly 200
years, CSX has played a critical role in the nation’s economic
expansion and industrial development. Its network connects every
major metropolitan area in the eastern United States, where nearly
two-thirds of the nation’s population resides. It also links more
than 230 short-line railroads and more than 70 ocean, river and
lake ports with major population centers and farming towns alike.
More information about CSX Corp. and its subsidiaries is available
at www.csx.com.
About B&O Railroad MuseumThe B&O
Railroad Museum, the birthplace of American railroading, located in
Baltimore, Maryland is a full affiliate of the Smithsonian
Institution, and a National Underground Railroad Network to Freedom
Site. It is dedicated to the preservation and interpretation of
American railroading and its impact on American society, culture,
and economy. The museum is home to the oldest, most comprehensive
collection of railroad artifacts in the Western Hemisphere
including an unparalleled roster of 19th and 20th century railroad
equipment, the 1851 Mt. Clare Station, the 1884 Baldwin Roundhouse
and first mile of commercial railroad track in America. For further
information on the B&O Railroad Museum, please call
410-752-2490 or visit www.borail.org.
Contact: Bryan Tucker, Corporate
Communications 855-955-6397
Tom Yorke, B&O Railroad Museum732-600–7089
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3dd2c18b-2f7f-46f0-9b0e-a6acc7588a97
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