US-based railroad operator Union Pacific is planning to invest $120m this year to improve transportation infrastructure in Kansas.
The investment will improve employee, community and customer safety, as well as increase rail operating efficiency.
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Private investments in Union Pacific sustain jobs and ensure the company meets growing demand for products used in the resurgent American economy.
The company’s planned investment covers a range of initiatives, including $110m to maintain railroad track, $2.2m to improve signal systems and $7.5m to maintain or replace bridges.
Major projects include investing $20.2m in the rail line between Whiteside and Pratt to replace nearly 25 miles of rail and repair the surfaces at 43 road crossings, $12.6m investment in the rail line between Waldeck and near McPherson to replace more than 15 miles of rail and repair the surfaces at 28 road crossings.
A $7.7m investment will also be made in the rail line between Oakley and Sharon Springs to replace 68,500 railroad ties and install 38,700t of rock ballast.
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By GlobalDataFrom 2010 to 2014, the company invested more than $482m in order to strengthen Kansas’ transportation infrastructure.
Union Pacific northern region public affairs vice-president Donna Kush 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.
"Continuing to aggressively invest in our infrastructure is an important element in Union Pacific’s unwavering safety commitment."
The company will invest $4.2bn across its network this year, following investments totalling more than $31bn from between 2005 and 2014.
