BNSF Railway announces 2020 economic development results

Written by David C. Lester, Managing Editor
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BNSF announces economic development results for 2020.
BNSF

BNSF Railway Company (BNSF) recently reported investments from customers served by the freight rail provider in 2020.

These investments totaled approximately $1.1 billion. Large investments from customers including Coldpoint Logistics, Delta Peanut and Ingredion contributed to the sum. As a result of customer investments, BNSF projects the creation of more than 1,700 new jobs in local communities. This marks the 10th consecutive year that BNSF customers and local economic development organizations have invested more than $1 billion in a calendar year for new or expanded facilities.

“At BNSF, our rail development program offers unique supply chain solutions that fit our customers’ varied logistical needs.” said Colby Tanner, assistant vice president, economic development. “The flexibility of our program provides our customers with the necessary tools to maximize their investments, while saving them time and money in reaching their distinct markets.”

In 2020, new developments supported a wide variety of commodities including consumer, agricultural and industrial products in communities across the BNSF network. Highlights of supply chain solutions BNSF helped its customers achieve in 2020 include:

  • Coldpoint Logistics – With a $25 million investment, the cold storage solutions provider opened phase four of their facility located at BNSF’s Logistics Park Kansas City, adding 150,000 square feet of additional space and creating 75 jobs for local communities.
  • Delta Peanut – At their facility in Jonesboro, Arkansas, Delta Peanut invested $70 million to add two tracks to their facility for shipping outbound peanuts, creating 130 jobs.
  • Ingredion – Invested more than $100 million in South Sioux City, NE and created approximately 50 new roles in the community.

For more information on establishing a new or expanded rail-served facility, visit bnsf.com/raildevelopment.

Categories: Class 1, Freight, News
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