Monday, June 12, 2017

Union Pacific plans $24M capex for Arizona

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Union Pacific announced plans to invest $24 million in its Arizona rail infrastructure as a part of its 2017 $31 billion capital plan.

The Class 1 will invest $21 million in railroad track maintenance and $2 million in bridges throughout the state. Key projects include:

-- $7 million investment in the rail line between Tucson and Nogales to replace 61,839 crossties during a tie replacement project.

-- $6 million investment in the rail line between Cochise and San Simon to replace 28 miles of concrete crossties and pad.

-- $3 million investment in the rail line between Casa Grande and Tucson to replace 26,300 crossties during a tie replacement project.

This investment in Arizona is a part of Union Pacific's ongoing investment strategy. The company has invested more than $221 million strengthening Arizona's transportation infrastructure between 2012 to 2016.