Norfolk Southern Completes $18 Million Upgrade to Lamberts Point Export Facility

Norfolk Southern (NYSE:NSC) announced that  its Lamberts Point export coal transload facility in Norfolk is finished, and will remain a major hub to transfer coal hauled by train from Appalachian coal fields to ships bound for world markets.

As quoted in the press release:

The $18-million upgrade, completed on schedule over a 90-day period beginning in August, involved major overhauls of the facility’s dumper system, which transfers coal from rail cars to a conveyor system, and its two loaders, massive rolling structures that deliver the coal to the ships.

NS  Senior Vice President-Energy and Property, Danny Smith, said:

This helps assure that we will remain the premier link to the global market place for high grade metallurgical and thermal coals alike.

To view the whole press release, click here.