Norfolk Southern would spend $7.5 million for the rail infrastructure for the facility, on land the Port Authority owns adjacent to the Greenville-Spartanburg International Airport in Greer.
BMW’s cargo requirement is the factor driving the facility, it was learned today at the board meeting. Norfolk Southern’s financial stake was also detailed.
The facility should be open by September 2013, according to SPA President and CEO Jim Newsome. BMW, the facility’s anchor tenant, will move 20,000 to 25,000 shipping containers of auto parts through the rail facility.
The plan, announced in July, is designed to move containers and other goods by rail to Charleston, thus possibly eliminating 50,000 truck trips a year on I-26 between Charleston and the Greenville-Spartanburg area.