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7/27/2023
CSX has announced a $10 million contribution to the University of Florida (UF) to support a future graduate center in Jacksonville, where the company is based.
"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," said CSX President and CEO Joe Hinrichs in a press release.
Earlier this year, the University of Florida and Jacksonville leaders announced a partnership to explore creating the new center.
The university is moving forward with raising funds for the center’s next phase, which will include project development, potential site selection and programmatic evaluation. Mori Hosseini, chair of UF's board, said the university community is excited about the support of CSX, as well as local and state officials.
"UF is ready for the next phase of this work and to lead the way toward making this shared vision a reality," Hosseini said. "On behalf of the entire UF community, we are grateful to CSX and all those who are helping us advance this impactful and innovative opportunity in Northeast Florida."