Union Pacific Invests $450 Million in Texas Railroad Infrastructure

MarketScale
MarketScale
Mar 7, 2018

Texas transportation infrastructure is getting a $450 million boost, thanks to Union Pacific, according to a recent press release. The private investment will go towards the building of its customer service, enhanced safety, and operating efficiencies.

The investment also covers a range of initiatives, including $320 million to maintain railroad track, $94 million to maintain bridges, a $17 million investment in the rail line between Ranger and Sweetwater, and a $14 million investment in the rail line between Raymondville and Robstown.

This isn’t the first investment Union Pacific has made to Texas’s rail infrastructure. In the last 5 years, more than 2.3 billion has been invested, including ground breaking for a new facility at Brazos Yard in Robertson County, Texas, which 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.

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