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Stock impact report

Lane starts work on I-77 Interchange highway project in South Carolina [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This infrastructure development's contract, valued at $152m, was awarded to Lane in December 2024 by the South Carolina Department of Transportation. The project is a pivotal step for the infrastructural and economic development of the region, as it is claimed to ensure direct access to the future plant of Scout Motors at Blythewood. This plant, a benchmark for the electric vehicle manufacturing sector, is expected to generate up to 4,000 new jobs and drive economic growth for the area. The contractual works are designed to support the increasing regional transport demands, simultaneously enhancing viability and easing traffic congestion. The project encompasses the construction of a system with four new bridges and ramps to facilitate traffic flow, a new east-west road connecting Exit 26 to US 21, and a realignment of US 21 to accommodate a grade-separated Norfolk Southern rail spur. Additionally, the project includes the expansion of the I-77 northbound lanes to boost cap Show less Read more
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