Friday, September 20, 2013

BNSF plans $95 million capital program for Minnesota property

BNSF plans to invest an estimated $95 million on maintenance and rail capacity improvement and expansion projects in Minnesota this year.

 

BNSF's 2013 capacity projects in Minnesota include terminal improvements at Northtown Yard in Minneapolis to expand rail car classification and inspection capacity by reconfiguring tracks and switches, expanding parking capacity at BNSF's automotive facility in St. Paul to support growth in new automobile traffic, as well as signal upgrades for positive train control.

BNSF will continue its maintenance program in Minnesota, which will include more than 1,800 miles of track surfacing and undercutting work and the replacement of 55 miles of rail and about 290,000 crossties.

"BNSF's capital investments in Minnesota will help ensure our network is prepared for growing demand for freight rail," said Matthew Rose, chairman and chief executive officer. "We are focused on investing to meet our customers' expectations and on expanding capacity where growth is occurring. Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help Minnesota compete in global markets."

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