Critical Conversations with Scott T. Hamilton featuring Carl Warren, President and Chief Executive Officer of the North Carolina Railroad Company | Eastern North Carolina Now

News Release:

    Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Carl Warren, President and Chief Executive Officer of the North Carolina Railroad Company, via Zoom and filmed the eighth episode in a video series called Critical Conversations. In this series, Scott talks with professionals about economic development issues affecting the state.

    Warren provided his perspective on North Carolina's economic development and job growth.

    The North Carolina Railroad Company is a private corporation whose stock is owned by the State of North Carolina. The Company manages a 317-mile rail corridor stretching from Charlotte to the Port of Morehead City. The Company's mission is to benefit the people of North Carolina by aggressively leveraging the unique strengths and capabilities of the North Carolina Railroad Company. Its vision is a modernized railroad that meets the needs of the future, expanding North Carolina's competitive advantage.

    Warren became the president and chief executive officer of the North Carolina Railroad Company in August 2020.

    At the beginning of the year, Golden LEAF adopted a long-term strategic plan. Warren indicated that the North Carolina Railroad recently underwent a similar process. Warren said that during the North Carolina Railroad's strategic planning process, they studied their assets and infrastructure to identify opportunities for continued investment around the state, found ways to make railroads more resilient, decided to build more thoughtful partnerships with entities with aligned interests, and work on transforming the company culture to drive the company's vision forward. Warren suggested that the North Carolina Railroad's structure provides it with unique capabilities. The Railroad acts as a private corporation, which allows it to accomplish aspects of projects such as planning, land assembly, and infrastructure work.

    Golden LEAF and the North Carolina Railroad often are partners on components of the same strategic project. The Toyota announcement at the Greensboro-Randolph Megasite is a concrete example of such a successful collaboration. At the announcement on Monday, Warren said that landing Toyota was a "10-year overnight success," meaning that much of the groundwork that went into creating the opportunity for a large manufacturer such as Toyota happened over as many as 10 years. For example, the Golden LEAF Board of Directors awarded $7 million in 2016 to support sewer infrastructure to the Greensboro-Randolph Megasite to increase site competitiveness and reduce the time needed for site development to attract major projects with substantial job creation and private capital investment.

    Warren indicated that it takes years of hard work to make a project like Toyota come together. It takes dozens of partners with a long-term approach of staying dedicated to the vision and strategy. The North Carolina Railroad played a big part including physical rail infrastructure and land acquisition on the project. Golden LEAF was able to come in at the right time again as the project was close to announcing by providing $40 million to the North Carolina Department of Transportation to provide the needed road infrastructure to help make this long-term vision into a reality.

    Warren also talked about funding programs that the North Carolina Railroad has to support economic development. Programs like the Megasite Program, NCRR Invests, or the new Build-Ready Sites program allow the North Carolina Railroad to help with economic growth. Golden LEAF collaborated with the NCRR Build-Ready Sites program to create the Golden LEAF SITE Program to complement and coordinate effectively with the work already being done by the North Carolina Railroad. Click here for more information on the NCRR Invests and Build-Ready Sites.
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Golden LEAF announces retirement of Controller Beth Edmondson News and Information, The Region Funder Spotlight: North Carolina Community Foundation


HbAD0

Latest The Region

Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Don Flow, Immediate Past Chair of the Golden LEAF Foundation Board of Directors via Zoom and filmed an episode of Critical Conversations.
At the December Board meeting, the Golden LEAF Board of Directors awarded $5,540,432 in funding for 50 projects through the Food Distribution Assistance Program.
At the December Board meeting, the Golden LEAF Board of Directors awarded $650,000 to support two projects through the Open Grants Program and $3,080,000 to support five projects through the SITE Program.
Members of the North Carolina Rural Health Association (NCRHA) visited Washington, D.C., on Feb. 14, 2024, to meet with elected officials and advocate for policies to improve access to care in rural areas.
Today, the Golden LEAF Board of Directors awarded $650,000 to support two projects through the Open Grants Program and $3,080,000 to support five projects through the SITE Program.
WASHINGTON, N.C. –– The Cherry Run Solid Waste Collection Site, located at 2860 Cherry Run Road, Washington, NC 27889, will temporarily close for repairs on Monday, Nov. 20
The state Supreme Court has agreed to take up a case involving a property-rights dispute over a sewer line in Apex. The town requested a review from the high court in June 2021.
Beaufort County Department of Social Services is making final preparations for the launch of North Carolina’s Medicaid Expansion on Friday, Dec. 1, 2023.

HbAD1

Triangle Business Journal (TBJ) has named State Employees’ Credit Union (SECU) Foundation a recipient of its 2023 Corporate Philanthropy Award.
Guilford County is considering an additional 1% Prepared Food and Beverage Tax, with the support of Greensboro Mayor Nancy Vaughan.
Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Dr. Garey Fox, Dean of the College of Agriculture and Life Sciences at NC State University via Zoom and filmed an episode of Critical Conversations.
There were numerous local professional and educational opportunities showcased on Wednesday at the Beaufort County Job and Resource Fair.
The Chocowinity Solid Waste Collection Site, located at 164 Gray Road, Chocowinity, N.C. 27817, will temporarily close for repairs on Monday, Oct. 30. The site will remain closed for approximately four weeks.
The US Supreme Court will not take the case of Virginia-based owners of a Dare County beach home who challenged the county's COVID-related shutdown in 2020.
The North Carolina State Fair is set for the Raleigh state fairgrounds from October 12-22, 2023
Discover the real cost of living in North Carolina for renters. Explore housing expenses, utilities, and budgeting tips.
The Beaufort County Department of Social Services Board is pleased to announce that Deputy Director Lori Leggett has been chosen as the next Beaufort County DSS Director effective Jan. 1, 2024.

HbAD2

 
Back to Top