Wednesday, June 06, 2012

BNSF plans $65 million capital program in New Mexico

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BNSF plans to invest an estimated $65 million on track and rail capacity improvement projects in New Mexico this year.

BNSF will continue its track improvement program in New Mexico, which will include 560 miles of track surfacing and undercutting work, the replacement of 22 miles of rail and about 142,000 crossties, as well as signal upgrades for positive train control.

"Investment in BNSF's network in New Mexico is an investment in New Mexico jobs and competitiveness and will ensure our infrastructure remains strong and efficient to better serve New Mexico shippers and the state's economy," said Matthew Rose, chairman and chief executive officer.

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