Rickenbacker South Industrial Rail Park Receives CSX Select Site Platinum Designation
October 24 2024 - 2:15PM
CSX Corp. (NASDAQ: CSX) today announced that the Rickenbacker South
Industrial Rail Park in Harrison Township, Pickaway County, Ohio
has been designated as a Platinum CSX Select Site.
Select Sites are development-ready properties along the CSX
network where standard land use considerations and comprehensive
due diligence items have been previously addressed. These
properties can meet the needs of a wide variety of manufacturers,
significantly reducing the time required to construct facilities
and ultimately bringing products to market.
Rickenbacker South Industrial Rail Park is a 671-acre property
adjacent to the CSX mainline in Columbus, Ohio. The park is ideal
for rail users that also require significant electric capacity.
With transmission lines crossing the site and a large transmission
substation down the road, more than 100 MW could be delivered to
the site.
The park’s planned transportation upgrades, blessed by the Ohio
Department of Transportation, show an effective road transportation
network related to industrial use in the area. The site has quick
access to US Highway 23 and is approximately seven miles south of
Interstate 270, the beltway for metro Columbus.
CSX introduced the Select Site program in 2012 to better serve
new and existing customers on its network and those of its short
line partners. CSX works with Austin Consulting, a nationally known
site-selection consulting firm, to screen candidate sites and
assist communities with the application and certification
process.
To receive the Platinum CSX Select Site designation, the
location must meet a rigorous list of criteria, including
infrastructure and utility availability, environmental reviews,
appropriate zoning and entitlement, air quality permitting, rail
serviceability, proximity to highways or interstates, and other
attributes.
Since their roll out in 2012, Select Sites have attracted dozens
of manufacturers, with capital investments projected to reach $17.7
billion and realize nearly 14,000 new jobs.
The Rickenbacker South Industrial Rail Park is now the third
site in Ohio to have received the Platinum CSX Select Site
designation since 2012. This property is one of 27 properties
across CSX’s service territory to have met this rigorous site
selection criteria over the program’s
history.Quotes
“We are proud to be a trusted partner, enabling capital
investment, job creation, and sustainable development in the
communities we serve. The Select Site in Harrison Township
represents a vital link in driving economic growth while delivering
innovative solutions that move America forward–safely, efficiently,
and reliably.” – Christina Bottomley, CSX, Vice President
of business development and real estate
“The inventory of large, rail-served, industrial properties in
the U.S. is limited, and many of these sites have a constrained
labor draw and/or are a significant distance from necessary
utilities. The Rickenbacker South Industrial Rail Park offers more
than 600 acres of flat land adjacent to a rail line in a growing
metropolitan area.” – Jonathan Gemmen, Austin Consulting,
Senior Director
"We are thrilled that Rickenbacker South has been designated as
a Platinum CSX Select Site, a status that underscores the
exceptional strategic advantages of this site. This designation not
only highlights the site's superior logistics capabilities but also
qualifies it as an elite destination for businesses looking to
enhance their supply chain efficiencies.” – Terry Coyne,
Terry Coyne Properties, site developer
"Our region's growth is a direct result of strategic
collaboration between public and private entities, ensuring we are
prepared for future development opportunities. We are building a
foundation to attract industrial and advanced manufacturing
investment and drive economic prosperity in the Rickenbacker area
for years to come.” – Jay Wippel, President, Pickaway
County Commissioners
“Rickenbacker South Industrial Rail Park is a prime example of
how strategic planning and proximity to critical infrastructure can
create unmatched opportunities for development. With direct access
to the CSX rail network, nearby highways, Rickenbacker
International Airport, and other robust infrastructure, this site
is perfectly positioned to meet the evolving needs of the industry
and drive future development in the region.” – Tim Colburn,
Pickaway Progress Partnership, Executive Director
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 240 short-line railroads and more than 70 ocean, river and
lake ports with major population centers and farming towns alike.
More information about CSX Corporation and its subsidiaries is
available at www.csx.com. Like us on Facebook
(http://facebook.com/OfficialCSX) and follow us on X, formerly
known as Twitter (http://twitter.com/CSX).
Contact: Matthew Korn, CFA, Investor
Relations904-366-4515
Austin Staton, Media Relations 855-955-6397
CSX (NASDAQ:CSX)
Historical Stock Chart
From Oct 2024 to Nov 2024
CSX (NASDAQ:CSX)
Historical Stock Chart
From Nov 2023 to Nov 2024