Norfolk Southern Corporation is investing $8.2 million to expand its corporate headquarters in Norfolk, Virginia. The expansion will accommodate 165 new employees.
The expansion and new jobs are the result of the consolidation of the company’s corporate offices in Norfolk and Atlanta and the closure of its Roanoke office building. Employees in Norfolk Southern’s industrial products, coal marketing, sourcing, tax, treasury, and audit and compliance departments relocated from Roanoke to Norfolk, bringing regional employment to 1,050.
“Norfolk Southern has called the City of Norfolk home since 1982 and has been a vibrant partner in economic development and community initiatives,” said Jim Squires, NS Chairman/President/CEO. “We are excited about expanding our presence in the City and look forward to many years of continued growth and prosperity as we deliver freight across the state and throughout the country. We thank the Commonwealth and City of Norfolk for their tremendous support with this project.”
Roanoke remains the headquarters for Norfolk Southern’s Pocahontas Division, and the company operates a local switching yard and locomotive and car maintenance facilities there. More than 1,350 NS employees are based in the city.
Governor Terry McAuliffe said, “Norfolk Southern is a vital corporate partner and economic engine for the Commonwealth, and retaining the company’s strong presence in Virginia is a top priority. We are pleased that Norfolk Southern will invest in its corporate headquarters in the City of Norfolk and maintain its locomotive facilities in Roanoke. We are confident that the company, a key customer of the Port of Virginia, benefits from our excellent business environment, and we remain ready to facilitate its continued success here in Virginia any way we can.”
Governor McAuliffe approved a $1.925 million grant from the Commonwealth’s Opportunity Fund to assist Norfolk with the project.
“The success of Virginia’s existing businesses is critical to the overall economic vitality of the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “Norfolk Southern is a significant employer in Virginia, and I am proud that all of the partners involved in this project worked tirelessly to achieve a mutually beneficial agreement. We look forward to a continued partnership with the company for years to come.”