BNSF Railway (BNSF) is planning to invest $80m in Colorado and $60m in Wyoming in 2012 for railway maintenance, capacity improvements and expansion projects.
Under the project, BNSF will build a new maintenance of way facility in Colorado, as well as improve a US government-mandated positive train control (PTC) system.
The investment will also be used for a track maintenance programme in Colorado, which will include 325 miles of track surfacing and undercutting work, as well as the replacement of 50 miles of rail and 211,000 ties.
BNSF chairman and chief executive officer Matthew Rose said, "Investment in BNSF’s network in Colorado is an investment in Colorado jobs and competitiveness, and will ensure our infrastructure remains strong and efficient to better serve Colorado shippers and the state’s economy."
Under the track maintenance programme in Wyoming, the company will carry out 1,115 miles of track surfacing and undercutting work, as well as replace 31 miles of rail track and 36,000 ties.
Investments in Colorado and Wyoming are part of the company’s $3.9bn capital investment programme for 2012, out of which around $2.1bn will be spent on improvements on the railway’s core network and related assets.
The company is also planning to invest $1.1bn on locomotives, freight cars and other equipment acquisitions.
About $300m will be invested in federally-mandated PTC technology and $400m towards terminal, line and intermodal expansion and efficiency projects.
Earlier this month, the company had announced that it would invest $80m in Arizona and $65m in New Mexico for railway maintenance.
Image: BNSF’s investments in Colorado and Wyoming, US, will improve its ability to offer rail freight services. Photo: courtesy of Ron Reiring.