Posted Sep 7, 2018, 4:15 PM
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Join Date: Feb 2005
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Norfolk Southern eyes moving HQ to downtown Atlanta's Gulch
https://www.bizjournals.com/atlanta/...-downtown.html
Quote:
The Fortune 500 company looking to move its corporate headquarters to the Gulch in downtown Atlanta is Norfolk Southern Corp., Atlanta Business Chronicle has learned.
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.
According to Fortune Magazine, Norfolk Southern had $10.55 billion in revenues in 2017. It has been on the Fortune 500 list for 24 years.
Although the railroad is based in Norfolk, it actually has more employees in Georgia than it does in Virginia, according to the company’s website.
According to people familiar with Norfolk Southern, the railroad has flirted with the idea of moving its headquarters to Atlanta – a city that has become a magnet for Fortune 500 companies – largely because of Hartsfield-Jackson International Airport.
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