Union Pacific announced a USD 36 million investment for the rehabilitation of its railway network in Colorado. The company’s investment plan funds a range of initiatives of which USD 33 million to maintain the railway track and USD1 million to maintain bridges in the state. Key projects planned this year include USD 6 million investment in the rail line between Denver and Rollinsville to replace 34,148 rai ties and install 24,338 tons of rock ballast; and USD 4.5 million investment in the rail line between Bond and Phippsburg to replace 31,662 rail ties and install 24,165 tons of rock ballast.
“Union Pacific’s targeted investments fund projects that strengthen our rail tracks, increase safety and minimize delays as trains travel through communities across Colorado,” said Donna Kush, Union Pacific vice president .
This year’s planned USD 36 million capital expenditure in Colorado is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than USD 253 million strengthening Colorado’s transport infrastructure.
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