Norfolk Southern’s plan to secure up to $600 million in funding for a new office building from Invest Atlanta, the city’s development arm, was deferred Thursday. In addition, Norfolk’s mayor was quoted Thursday saying the company’s move from Norfolk may not happen as soon as some think, and the company’s latest federal financial report portrays it as being in a strong financial position in the booming transportation sector.
By Maria Saporta Despite recent media reports indicating that Amazon has picked northern Virginia for its second headquarters, Gov. Nathan Deal has not given up that the company may pick Georgia. Amazon selected Atlanta as one of 20 cities that were finalists to win Amazon’s second headquarters, which eventually could lead to 50,000 jobs and […]
The Fortune 500 company looking to move its corporate headquarters to the Gulch in downtown Atlanta is Norfolk Southern Corp.
The railroad company ranked as No. 284 on the Fortune 500 list, currently is based in Norfolk, Va. It opened its current 21-story headquarters in Norfolk in 1988. The headquarters relocation could bring as many as 1,400 jobs to Atlanta.