US-based railroad operator Union Pacific is planning to invest a combined amount of $634.6m to improve the infrastructure in California and Texas this year.

The company will spend $121m in California and $513m in Texas. This includes funding for track maintenance and bridge maintenance in both states.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Major projects planned for California include $5.1m investment in the line between Galt and Stockton to replace 37,277 railroad ties; $5.8m in Fresno to replace almost 12 miles of new rail, and $5.2m in the line between Delano and Bakersfield to replace 38,882 railroad ties.

In Texas, around $21m will be invested in the line between Pinehurst and Navasota to replace 42 miles of rail, while $22m will be towards the line between San Antonio and Rockdale to replace 183,816 railroad ties and install 53,783t of rock ballast.

"The company plans to invest $3.75bn across its network this year, following investments totalling more than $33bn from between 2006 and 2015."

The investment in both the states is part of an ongoing investment strategy. From 2011-15, the company invested more than $467m and $3bn in California and Texas respectively to strengthen transportation infrastructure.

See Also:

Union Pacific’s Western region public affairs vice-president Wes Lujan said: "We constantly evaluate our customers’ needs to make targeted investments that enhance our efficiency and deliver the goods American businesses and families use daily.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"Continuing to aggressively invest in our infrastructure is an important element in Union Pacific’s unwavering safety commitment."

The company plans to invest $3.75bn across its network this year, following investments totalling more than $33bn from between 2006 and 2015.