Thursday, May 25, 2017

Union Pacific to invest $49 million in Missouri rail infrastructure

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Union Pacific plans to invest $49 million into its Missouri 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 $43 million in track maintenance and $3 million in bridge projects. Additional projects to see significant work include $12 million investment in the rail line between Labadie and Chamois to replace 92,174 crossties and install 34,481 tons of ballast. The line between Mineral Point and Annapolis will see $7 million in work to replace 57,489 crossties and install 42,462 tons of ballast.

"Union Pacific's targeted investments fund projects that strengthen our railroad tracks, increase safety and minimize delays as trains travel through communities across Missouri," said Donna Kush, Union Pacific vice president – Public Affairs, Northern Region. "Maintaining a healthy railroad is the foundation of our ability to serve customers and communities across the state."

This year's planned $49 million capital expenditure in Missouri is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than $319 million strengthening Missouri'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 Wyoming, Utah, Oklahoma, Kansas, Oregon, Nevada, Arkansas, Louisiana, Nebraska and California on RT&S.