AHOSKIE, N.C. — Genesee & Wyoming’s North Carolina & Virginia Railroad will service a new specialty steel manufacturing facility in Cofield, N.C., the company announced today.
Once operational, the $785 million plant for US Forged Rings will manufacture forged rings, tubular components, and large-scale steel fabrications for use in construction, power generation, oil and gas, defense, and aerospace industries nationwide. It is expected to bring more than 600 jobs to the area.
“NCVA welcomes the opportunity to support USFR and such a critical project that strengthens the U.S. industrial sector and expands the manufacturing backbone of eastern North Carolina,” G&W CEO Michael Miller said in a press release. “With new rail infrastructure and strong public-private partnerships, Hertford County is a prime location for manufacturing and is bolstered by dependable freight-rail service from NCVA, which has longstanding roots in the area economy and offers customers a connection to the broader North American freight-rail network via CSX.”
The railroad is consulting with USFR on track design at the new facility, and anticipates hauling inbound steel plate and slab, as well as outbound components. The new plant is located next to a Nucor Steel plant served by NCVA since 2000.
The North Carolina & Virginia, a G&W railroad since 2012, operates 60 miles in North Carolina and Virginia and interchages with CSX at Boykins, Va.
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