Aberdeen Carolina & Western Railway Receives $19.9 Million Federal CRISI Grant for Infrastructure Modernization
Aberdeen Carolina & Western Railway (ACWR) has been awarded a $19.9 million federal grant through the U.S. Department of Transportation's Consolidated Rail Infrastructure and Safety Improvements (CRISI) program. The funding will support a total $41 million infrastructure project aimed at modernizing approximately 30 miles of rail in Montgomery and Stanly counties with continuous welded rail. The investment follows ACWR's 2022 acquisition of the Piedmont Division from Norfolk Southern and supports a massive capital improvement plan exceeding $100 million. This expansion is driven by a reported 600% growth in freight along this division, serving major industrial customers such as Perdue, Mountaire Farms, and Charlotte Pipe.
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Topics: Capital Investment Federal Grant Rail Infrastructure Transportation Funding