CSX Adds Eight Rail-served Properties in Seven States to Select Site Program
July 14 2023 - 10:00AM
CSX (NASDAQ: CSX) has announced its latest group of high-ranking
properties to receive CSX Select Site designation under the newly
expanded industrial development program. Eight sites in seven
states have earned a Gold, Silver or Bronze rating based on an
evaluation of a wide range of site characteristics.
CSX worked with more than 60 communities over the past several
months to gather information and identify top candidates for the
Select Site program, which connects expanding companies with highly
desirable rail-served properties. The newest Select Sites
include:
Gold Level
CNJ Property – Montgomery Area Chamber of Commerce, Montgomery,
Alabama
Silver Level
Clarius Park – Grundy County Economic Development Council,
Morris, Illinois
Ottawa Industrial Park – Ottawa, Illinois
Milligan Site – Shelby County Development Corporation,
Shelbyville, Indiana
Bronze Level
Richmond Industrial Park South III, Richmond Industrial
Development Corporation, Richmond, Kentucky
Shoal River Ranch Giga Site, One Okaloosa Economic Development
Council, Crestview, Florida
Port Bienville Industrial Park, Hancock County Port and Harbor
Commission, Kiln, Mississippi East Moon Rail Site, Franklin County
IDB, Winchester, Tennessee
Complete information on each site is available in the CSX Select
Site Listing, which includes all Platinum, Gold, Silver and Bronze
sites currently available.
In addition to appearing on the Select Sites list, all sites in
the latest group of designees will receive valuable feedback
regarding potential areas of improvement. They are encouraged to
engage with CSX on how to continually improve their appeal to
potential developers.
CSX partners with Global Location Strategies (GLS) to evaluate
sites utilizing Lasso and Site Shepard tools. CSX works with
landowners and county economic development organizations to capture
site-specific information in Lasso related to acreage, site
characteristics, utility infrastructure and more. The data is
analyzed in Site Shepherd, which was custom designed by GLS to
evaluate CSX-served sites and identify opportunities for enhancing
their marketability. The newest version of the tool includes
environmental, social and governance factors, such as renewable
energy usage, community impacts, and brownfield site reuse.
To learn more about CSX Select Sites and leverage the new tool,
visit csx.com/selectsites.
About CSX
CSX, 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 240 short-line
railroads and more than 70 ocean, river and lake ports with major
population centers and farming towns alike.
About Global Location StrategiesGlobal Location
Strategies (GLS) is one of the world’s most experienced and
reputable site selection firms specializing in capital- and
resource-intensive facilities. A two-time Inc. 5000 company, GLS
has revolutionized the site selection industry with its three
proprietary SaaS platforms; LOIS, Lasso, and Site Shepherd. In
addition to tech offerings, GLS offers a full suite of traditional
site selection services for companies and guidance for economic
development organizations. The company specializes in
pharmaceutical; advanced manufacturing; chemical/petrochemical;
energy/renewables; metals/polymers/composites; paper;
warehousing/distribution, food & beverage, and automotive
sectors. For more information, visit
www.GlobalLocationStrategies.com.
Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Bryan Tucker, Corporate Communications
855-955-6397
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