Norfolk Southern Awards NARSTCO With Thoroughbred Sustainability Award
Midlothian, TX (Dec. 2, 2022) - NARSTCO, North America’s leading manufacturer of sustainable steel ties and turnouts, has been chosen by Norfolk Southern Corporation as a winner of the Inaugural Thoroughbred Sustainability Partner Awards within the Environmental Stewardship category. The award recognizes Norfolk Southern partner companies who are leaders in the categories of Energy Efficiency, Innovation, and Environmental Stewardship.
NARSTCO is committed to creating long lasting sustainable products and values its steel supplier that also shares in that vision. All NARSTCO products are manufactured in Midlothian and Cedar Hill, Texas and produced from recycled steel. The primary source of the steel used for the products comes from scrap automobiles. In fact, one scrap automobile is equal to five steel ties. Norfolk Southern has a long history of using NARSTCO steel ties and turnouts at major intermodal yard projects, lead tracks, siding extensions and yard support tracks.
“It is truly an honor to be recognized by Norfolk Southern for our efforts to manufacture sustainable steel ties and turnouts that help customers reduce their carbon footprint, said Kevin Riddett, RailWorks President and CEO. I am extremely proud of the team at NARSTCO for this accomplishment and it is really a testament to our commitment to sustainability.”
Norfolk Southern will honor the winners at a ceremony at its headquarters in Atlanta in January 2023. The event will also mark the first meeting of Norfolk Southern's Partner Council. Membership of the council is comprised of the award winners, and Norfolk Southern will facilitate periodic engagements to further sustainability efforts, share initiatives, and learn from one another in a collaborative environment.
About NARSTCO - Founded in 1996, NARSTCO is the leading manufacturer of sustainable steel ties and turnouts in North America for Class I, transit, short-line, and industrial rail operations. NARSTCO is a trusted brand within RailWorks Corporation. For more information, visit www.narstco.com.
About Bernhard Capital Partners - Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in three funds across five strategies, has approximately $2.5 billion of gross assets under management, and is ranked as one of Private Equity International’s 300 largest private equity firms worldwide. Bernhard Capital seeks to create sustainable value by leveraging its experience in acquiring, operating, and growing services and infrastructure businesses. Bernhard Capital Partners acquired RailWorks in 2021.