CSX CSX Corporation

CSX Commits $10 Million Donation to Museum of Science & History’s Move to the Northbank

CSX Commits $10 Million Donation to Museum of Science & History’s Move to the Northbank

Donation builds on CSX’s longstanding commitment to the Northeast Florida community and expands relationship with MOSH

JACKSONVILLE, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX), one of Jacksonville’s largest employers, today announced a landmark $10 million contribution to the Museum of Science & History (MOSH) in support of the MOSH Genesis capital campaign, solidifying CSX as a leading private funding partner of the MOSH Genesis. With this gift, CSX will be recognized as the presenting sponsor of the new Museum of Science & History.

“We are immensely grateful to CSX for their transformational gift to the MOSH Genesis,” said Jill Davis, chair of the Genesis capital campaign cabinet and vice chair of the MOSH board of trustees. “This generous contribution will have a lasting impact on our institution, enabling us to create a museum that offers engaging exhibits, dynamic educational programs, and memorable experiences for visitors of all ages on the Northbank of the St. Johns River.”

“Investing in the transformation of our Downtown through the MOSH Genesis vision aligns with our company’s commitment to our city’s cultural and educational vibrancy. We are proud to lend our name to an institution that promises to inspire the next generation of leaders in science, technology, engineering and math (STEM). These fields directly support our business operations while reinforcing Northeast Florida’s status as a logistics leader,” said Joe Hinrichs, CSX president and chief executive officer. “Our support for the MOSH Genesis capital campaign is an extension of our commitment to this region and its future growth.”

The MOSH Genesis capital campaign supports plans for the MOSH to relocate to a new building on the Northbank of the St. Johns River in Downtown Jacksonville. In May 2023, legislation for a disposition and development agreement for 2.5 acres of City-owned land at the Shipyards property commonly known as Lot X was signed into law. The legislation grants the MOSH a 40-year ground lease of the land for $1 per year; design of the park and the Riverwalk; and other agreements related to the creation of a new museum and surrounding park spaces.

“CSX’s use of scientific and innovative principles have made history within the transportation industry. Today, their remarkable contribution makes a different kind of history as the largest single donation to date to the MOSH Genesis capital campaign. We look forward to joining CSX on the Northbank in the years ahead,” said MOSH CEO Dr. Alistair Dove.

CSX has been a staple in Northeast Florida’s economic and philanthropic sectors since moving its headquarters to Jacksonville in 2003. The Fortune 500 company supports multiple organizations throughout the city that reflect CSX’s commitment and pride in serving the community through partnerships that promote education, drive ingenuity and contribute to cultural enrichment. Supporting the economic growth and educational advancement of Jacksonville through the MOSH capital campaign is a natural extension of this commitment.

“The City is grateful to CSX for its extremely generous gift to MOSH Genesis, which will go a long way towards helping the institution relocate to the Northbank,” said City of Jacksonville Mayor, Donna Deegan. “We look forward to seeing not only MOSH’s new, state-of-the-art facility, but also the tremendous impact it will have on Downtown.”

MOSH has operated in its current location on the Southbank of Downtown Jacksonville since 1969. The Museum’s operations have since outgrown the 33,000 square feet of usable exhibit space; building a new museum will significantly expand the organization's capacity to serve more students and visitors year-round. Plans for the new Museum of Science & History comprise approximately 130,000 square feet across three floors.

For more information about the Museum’s future plans, visit MOSHGenesis.com. To learn about donation opportunities, contact .

About The Museum of Science & History (MOSH)

The Museum of Science & History (MOSH) is located at 1025 Museum Circle near Friendship Park. MOSH, first chartered in 1941, inspires the joy of lifelong learning by bringing to life the sciences and regional history. Admission is $19.95 for adults; $16.95 for youth, students, active and retired military and seniors. There is no admission fee for children 2 and under or Museum Members. Learn more at .

Museum funding is provided in part by the City of Jacksonville and the Cultural Council of Greater Jacksonville, Inc.; State of Florida, Department of State, Division of Arts and Culture and the Florida Council on Arts and Culture; and the National Endowment for the Arts; Historic Museums Grants-in-Aid Program assistance provided by the Bureau of Historical Museums, Division of Historical Resources, Florida Department of State, Secretary of State.

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal, and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river, and lake ports with major population centers and farming towns alike.

More information about CSX Corp. and its subsidiaries is available at . Like us on Facebook (/OfficialCSX) and follow us on X, formerly known as Twitter at (/CSX).

Media Contact:

Ashley Williams

904-707-0475



EN
26/03/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CSX Corporation

 PRESS RELEASE

CSX Announces 2024 Customer Environmental Excellence Award Winners

CSX Announces 2024 Customer Environmental Excellence Award Winners JACKSONVILLE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) CSX Corporation (NASDAQ: CSX) has announced the winners of its 2024 CSX Customer Environmental Excellence Awards. This year’s awards recognizes six customers for their commitment to sustainability by converting a portion of their freight from truck to rail. In the third year of the annual awards program, CSX chose winners who have realized significant carbon reduction by embracing the environmental advantages of rail over trucks with a “highway-to-r...

 PRESS RELEASE

CSX Corp. Announces First Quarter 2024 Results

CSX Corp. Announces First Quarter 2024 Results JACKSONVILLE, Fla., April 17, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) today announced first quarter 2024 operating income of $1.35 billion compared to $1.46 billion in the prior year period. Net earnings were $893 million, or $0.46 per diluted share, compared to $987 million, or $0.48 per diluted share, in the same period last year. Total volume of 1.53 million units for the quarter was 3% higher compared to first quarter 2023, with intermodal volume up 7%, coal volume up 2%, and merchandise volume flat. “Working together, the ONE C...

 PRESS RELEASE

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration wit...

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship. The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit develop...

 PRESS RELEASE

CSX Adds Fourteen Rail Served Properties Across Eight States to Select...

CSX Adds Fourteen Rail Served Properties Across Eight States to Select Site Program JACKSONVILLE, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Fourteen sites in eight states have earned a Silver or Bronze rating based on an evaluation of a wide range of site characteristics. CSX worked with more than 40 communities over the past several months to gather information and identify top candidates for the Select Site program, which connects...

 PRESS RELEASE

CSX Corporation Announces Date for First Quarter Earnings Release and ...

CSX Corporation Announces Date for First Quarter Earnings Release and Earnings Call JACKSONVILLE, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) will release first quarter financial and operating results after the market close on Wednesday, April 17, 2024. This will be followed by a conference call and live webcast hosted by the company’s management team at 4:30 p.m. Eastern Time. Those interested in participating via teleconference may dial 1-888-510-2008. Callers outside the U.S. may dial 1-646-960-0306. Participants should dial in 10 minutes prior to the call and use...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch