Railway Co. plans to invest approximately $220 million on
maintenance and rail capacity improvement and expansion
projects in Minnesota and Oklahoma.
investments are in addition to the Fort Worth, Texas-based
companys planned upgrades on routes through Montana,
North Dakota and Washington, which are expected to cost about
$460 million (amm.com, Aug. 20).
"We are focused on
investing to meet our customers (capacity needs) where
growth is occurring," chairman and chief executive officer
Matthew K. Rose said in a statement. The goal is for
BNSFs services in each state to remain competitive in
In addition to
terminal improvements, greater inspection capabilities and
storage capacity, BNSFs $95-million investment in
Minnesota will include replacing 55 miles of rail.
$125-million investment in Oklahoma will build 3.5 miles of
track; extend and construct sidings; build a bypass connection
in Tulsa; install connecting railyard tracks; and replace a
bridge and 60 miles of rail.
replacement of 115 miles of track in Minnesota and Oklahoma
will require at least 11,600 tons of steel rail, as measured by
pounds per linear yard.
The projects are part
of the companys $4.3-billion capital budget for 2013.