August 6, 2024
North Carolina Railroad Company Partners with Terracon, Launches New Economic Development Program in Wetland Mitigation

The North Carolina Railroad Company (NCRR) is partnering with Terracon, a leading engineering and environmental consulting firm, to launch its fifth economic development program. This new program will support the conservation and preservation of wetland ecosystems and increase transparency around regulatory compliance for industrial projects in North Carolina.

NCRR’s Wetland Mitigation program aims to preserve and restore North Carolina’s wetlands while balancing the needs of our state’s growing economy and future industrial development projects. In addition, the program will support compliance with environmental regulations and benefit local communities through cleaner water and improved habitats for wildlife.

“Integrating sustainable principles into economic development isn’t just a choice, but a pathway to balanced prosperity. True progress harmonizes environmental stewardship, social responsibility, and sound governance, creating a future where growth and well-being go hand in hand,” said Trish Haver, NCRR’s Chief Commercial Officer. “By partnering with Terracon, this program will drive meaningful advancements in wetland preservation and restoration throughout North Carolina, all while supporting economic development across the state.”

By connecting economic and industrial developers with wetland mitigation credits, the program will encourage environmental regulatory compliance, streamline the permitting process, and maximize land use and cost savings for new projects, thereby encouraging future investments in the state’s economy.

The collaboration between NCRR and Terracon marks a significant milestone in environmental stewardship. By launching the innovative wetland mitigation program, these two organizations are safeguarding North Carolina’s natural resources and supporting a sustainable future for transportation infrastructure.

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 over 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.

About Terracon

 Terracon is a 100% employee-owned consulting engineering firm specializing in environmental, facilities, geotechnical, and materials services, with 6,000 employees serving nationwide. We focus our sustainability efforts in the areas of people, services, and management, taking action to enhance our own sustainability performance while partnering with clients to help solve multiple climate adaptation and resiliency challenges. This includes our national environmental services practice, with environmental planning experts helping to guide clients through complex processes related to wetland regulations, jurisdiction, permitting, and mitigation.

The North Carolina Railroad: Collaborating with Communities and Spurring Economic Growth

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