CSX (NASDAQ: CSX), one of Jacksonville’s largest employers, today announced a landmark $10 million contribution to the University of Florida (UF) to support the future graduate center, which is poised to redefine the landscape of downtown Jacksonville. The charitable investment will be distributed over five years and solidifies CSX as the leading private funding partner of this transformational project.
“We are proud to partner with the University of Florida and the City of Jacksonville on this ambitious project to establish a world-class graduate center in the city’s urban core,” said Joe Hinrichs, CSX president and chief executive officer. “Investing in education is an investment in the future, and we believe this contribution will have a lasting impact on the region by fostering innovation, economic development, and creating bold new opportunities. This project will yield countless benefits for our community, including an influx of top-talent, which will help shape the future of Northeast Florida for generations to come.”
Earlier this year, the University of Florida and local city leaders announced a partnership to explore creating a new graduate center in Jacksonville. This graduate center will create a space in Jacksonville that will shape the state’s future workforce and build a pathway for high-skilled, high-tech employees.
Read the full story on CSX here.