Union Pacific: USD 137 million for modernization of railway infrastructure in California

UPUnion Pacific plans to invest about USD 137 million in 2015 to for California’s railway infrastructure. Union Pacific’s planned investment covers a range of initiatives nearly USD 117 million to maintain railroad track, USD 9 million to enhance signal systems and USD 11 million to maintain or replace bridges in the state. Key projects planned this year include USD 24 million investment in the rail line between Butte and Plumas counties to replace nearly 37 miles of rail and USD 8 million investment in the rail line between East Mojave and Wash to replace 51,339 railroad ties and install 22,770 tons of rock ballast. In addition, crews will repair the surfaces at 18 road crossings.
This year’s planned USD 137 million capital expenditure in California is part of an ongoing investment strategy.


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