- Associated Press - Tuesday, January 13, 2015

NORFOLK, Va. (AP) - Railroad operator Norfolk Southern says it helped facilitate $5.7 billion in industrial investments along its rail lines in 2014.

The Norfolk company says it assisted 94 industries in locating or expanding their businesses.

Those investments are expected to create more than 4,420 new jobs in the railroad’s territory and generate more than 205,000 carloads of new rail traffic annually.

The company that operates about 20,000 route miles in 22 states and the District of Columbia works with state and local economic development authorities to locate sites and infrastructure development.

Over the past 10 years, Norfolk Southern says it has participated in the location or expansion of more than 1,000 facilities. That represents an investment of $57 billion and the creation of more than 44,000 jobs.

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