This year, Union Pacific will invest USD 450 million to modernise its railway infrastructure across Texas. The planned private investment will enhance safety, operating efficiency and support customer service.
UP will invest USD 320 million maintain rail track and USD 94 million to maintain bridges in the state. The projects planned this year include USD 17 million for the replacement of 115,469 rail ties on Ranger – Sweetwater line as well as USD 14 million to replace 116,091 rail ties on the line between Raymondville and Robstown.
In the last five years, 2013-2017, Union Pacific invested more than USD 2.3 billion strengthening Texas’s transport infrastructure. In addition, last month, UP announced the construction on Brazos Yard in Robertson County, Texas. The USD 550 million facility represents the largest capital investment in a single facility for the company and is scheduled for completion in 2020.
“Our targeted investments support customers and enhance our efficiency to deliver the goods American businesses and families use daily,” said Brenda Mainwaring, Union Pacific assistant vice president – Public Affairs, Southern Region.
Share on: