Monday, June 05, 2017

Union Pacific to invest $36 million in Colorado rail infrastructure

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Union Pacific plans to invest $36 million into its Colorado infrastructure in 2017. The investment is part of the Class 1's $3.1-billion capital plan for the year.

UP says the investment will fund $33 million in track maintenance and $1 million in bridge projects. Additional projects to see significant work include a $6 million investment in the rail line between Denver and Rollinsville to replace 34,148 crossties and install 24,338 tons of ballast. The line between Bond and Phippsburg will see $4.5 million in work to replace 31,662 crossties and install 24,165 tons of ballast.

This year's planned $36 million capital expenditure in Colorado is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than $253 million strengthening Colorado's transportation infrastructure. The company has invested $51 billion since 2000, contributing to a 40-percent decrease in derailments during the same time frame.

Read more about Union Pacific's infrastructure investment plans in Illinois, Missouri, Wyoming, Utah, Oklahoma, Kansas, Oregon, Nevada, Arkansas, Louisiana, Nebraska and California on RT&S.