HOUSE SELECT COMMITTEE ON STRATEGIC …

1 HOUSE SELECT COMMITTEE ON STRATEGIC TRANSPORTATION PLANNING AND LONG-TERM FUNDING NORTH CAROLINA RAILROAD COMPANYA pril 2, 20182 NCRR S ECONOMIC DEVELOPMENT STRATEGIES AND @NCRailroad4 WHO WE ARENCRR Engine No. 115 at Company Shops Engine HOUSE , Burlington, c. @NCRailroad5 Our MissionPutting the North Carolina Railroad Company to work for the good of the people of North VisionTo improve our state by: Expanding freight rail opportunities to grow rail to move in North WE @NCRailroad6 WHO WE ARE Private corporation with stock owned by the people of North Carolina Operates with Private, Non-Taxpayer Revenue Part of Tax Base History of collaboration with business/industry, municipal and state leadership, and our economic development and transportation partners Pays dividends to North Carolina.

2 Through the Freight Rail and Rail Crossing Safety Improvement Fund at NCDOT Trackage-Rights Agreement Results in Revenue-Generation for Economic Development InvestmentsAn essential part of a comprehensive transportation system for 169 @NCRailroad8 East coast rail @NCRailroadECONOMIC IMPACT More than 100customers utilize freight rail on the NCRR line 19% of NC freight carloads begin or end on the NCRR line tons of freight originates or terminates on the NCRR line 50% of freight carloads on NCRR line are intermodal/containers9 PICTURED: Top, Two freight trains pass on NCRR double track in Davidson County.

3 Bottom, Charlotte Intermodal Terminal (photo, @NCRailroad11 ECONOMIC DEVELOPMENTINVESTMENT EXAMPLES Lead, siding and other tracks Engineering/DesignNCRR INVESTSINVESTMENT FACTORS Job Creation Capital Investment Rail UseNorth Carolina s competitive advantage in the recruitment of rail-served business and track constructed for the NC Industrial Center in Alamance County, serving CAMBRO Manufacturing, 200 @NCRailroadECONOMIC @NCRailroadECONOMIC DEVELOPMENT13 NCRR INVESTS 770 jobs $ million investment by NCRR $700 million investment by EGGER Wood Products 800 jobs $ million investment by NCRR $580 million investment by Triangle TyreCompanyLARGEST PROJECTS IN @NCRailroadECONOMIC DEVELOPMENT14 GREENSBORO-RANDOLPH MEGASITECHATHAM-SILER CITY MEGASITEMONCURE-MERRY OAKS MEGASITEKINGSBORO MEGASITE1,000+ ACRE INDUSTRIAL @NCRailroad16 MILITARY BASESA bove: Harrier Jet at MCAS Cherry PointRight Top.)

4 Marines unload equipment at Camp LejeuneRight Bottom: Jet fuel arrives via rail at MCAS Cherry @NCRailroadCAPITAL INVESTMENTS ugar Creek Road Bridge, CharlotteCrabtree Creek Bridge Rendering, MorrisvilleHigh Point Slope @NCRailroad18 INDUSTRYOUTLOOKC arloads Carried2017 Numbers% Change from Class I RailroadsBNSFR ailway 5,006, ,563, City Southern757, , Pacific4,859, Class I RailroadsCN3,220, Pacific1,652, de , City Southern de Mexico548, : Association of American Railroads, www. @NCRailroad192018201720162015 INDUSTRYOUTLOOKS ource: Association of American Railroads, www.

5 @NCRailroad20 INDUSTRYOUTLOOK2018201720162015 Intermodal TrafficSource: Association of American Railroads, www. @NCRailroad2809 HighwoodsBlvdRaleigh, NC 27604919-954-760121 Two freight trains pass on double track, Upper Lake Road, Davidson @NCRailroa