make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

NC wants better rail access to port

READ MORE:

RALEIGH, N.C. (AP) - State officials want the North Carolina Railroad Company to promise to contribute $70 million for a new storage facility at the Morehead City port.

The News & Observer of Raleigh reported officials would like to see a promise of the money over the next decade to allow the port to start shipping wood pellets to European electric utilities as early as 2014.

Supporters say the port project would give the state a significant share of the biomass fuel market. They say it could create 200 jobs and increase freight yard traffic in Morehead City by 300 percent.

North Carolina Railroad president Scott Saylor says it will be weeks before a decision is made. Tom Bradshaw with the State Ports Authority had hoped for a decision this week.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

»

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.