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Published on : Saturday, June 10, 2017
Union Pacific is boosting safety and efficiency with an approximately $68 million infrastructure investment in Iowa this year. Projects funded by Union Pacific benefit Iowa’s overall transportation infrastructure without taxpayer funds.
Union Pacific’s investment plan funds a range of initiatives: $55 million to maintain railroad track and $10 million to maintain bridges in the state. Key projects planned this year include:
“Union Pacific’s targeted investments fund projects that strengthen our railroad tracks, increase safety and minimize delays as trains travel through communities across Iowa,” 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 $68 million capital expenditure in Iowa is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than $330 million strengthening Iowa’s transportation infrastructure.
Union Pacific plans to spend $3.1 billion across its network this year. The company has invested $51 billion since 2000, contributing to a 40 percent decrease in derailments during the same time frame.
Source:- Union Pacific
Tags: Union Pacific