North Carolina Railroad Company Launches Options Program to Boost Industrial Site Readiness

Feb 6, 2025

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The North Carolina Railroad Company (NCRR) announces the launch of a new economic development program, the Options Program, aimed at preserving land for future industrial users and strengthening North Carolina’s competitive position in attracting new businesses.

Speed to market is critical for businesses, and site control is a key factor in meeting that demand. NCRR’s Options Program addresses a significant market gap by helping local governments and economic development organizations (EDOs) secure land for future industrial use. This initiative not only unlocks opportunities for grants and other resources but also ensures that sites are rail-ready and competitive, positioning communities for economic growth.

Trish Haver

Chief Commercial Officer
NCRR

The Options Program will be available for local governments and EDOs to assist with site control. Along with NCRR’s suite of economic development programs, the Options Program will help streamline the process for site identification, due diligence studies, development, and marketing to expand the pipeline of rail-ready sites.

NCRR is dedicated to enhancing North Carolina’s competitiveness on a national scale. By stewarding economic development programs that create a pipeline of shovel-ready sites, we are facilitating economic growth and attracting new businesses to the state.

Carl Warren

President & CEO
NCRR

By addressing gaps in the market and expanding site readiness efforts, the Options Program strengthens NCRR’s position as an economic catalyst for North Carolina. The addition of this strategic property acquisition initiative builds on NCRR’s mission to foster economic growth through rail infrastructure and site development.

About the North Carolina Railroad Company

The North Carolina Railroad Company is the one private railroad company that has been driving economic growth for North Carolina for more than 175 years. The company manages 317 miles of rail corridor, transforming its trusted expertise and unique assets into economic advantages. The company’s mission is to focus on our rail & safety expertise, assets, and advantageous corridor to provide dynamic services and best-in-class solutions. Our vision is a railroad company promoting and facilitating opportunities leading to economic gains for North Carolina.