NORTH CAROLINA RAILROAD COMPANY INVESTS $600K TO ADVANCE INDUSTRY IN HERTFORD COUNTY

Feb 26, 2026

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RALEIGH, N.C., February 26, 2025 – The North Carolina Railroad Company (NCRR) will invest up to $600,000 to build critical rail infrastructure for US Forged Rings Inc.’s new manufacturing facility in Hertford County. The company plans to invest $875 million for the three-phase project and create 625 full-time jobs with an average annual wage of $80,500.

The project will connect the site to freight rail through a newly constructed spur designed for the company’s daily operations and long-term growth. US Forged Rings will focus on large-scale metal fabrication for the energy industry, producing steel piping and specialized components for industrial customers across the country.

“This investment is about more than track. We’re building opportunity in Hertford County, we’re strengthening North Carolina’s manufacturing footprint and we’re making sure this state is ready for long-term growth driven by freight rail.”

Carl Warren, President and CEO, North Carolina Railroad Company

The rail project will include ballast, ties and rail turnouts along with engineering, drainage, signal work and other improvements necessary to serve the site. Once operational, US Forged Rings will use the rail line to receive and distribute at least 1,825 rail cars each year.

Through NCRR Invests, the North Carolina Railroad Company uses private revenue, not taxpayer dollars, to fund rail projects that attract new employers and expand existing industry to keep North Carolina competitive.

In addition to the Office of Governor Josh Stein, the North Carolina Railroad Company supports this project along with the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Departments of Transportation and Environmental Quality, CSX Transportation, Dominion Energy, Hertford County and its Board of Commissioners and the Hertford County Economic Development Department.