BNSF Railway (BNSF) is planning to invest $242m in Kansas and $130m in Missouri for railway maintenance, capacity improvements and expansion projects over the course of 2012.
The company has set out to build the Kansas City Intermodal Facility, southwest of Kansas City in Edgerton, to improve Topeka locomotive shops and conduct signal upgrades for the federal mandated positive train control (PTC).
The funding will also be used for BNSF's track maintenance programme, which will include 619 miles of track surfacing and undercutting work, the replacement of 57 miles of rail and 247,000 ties.
The company will also invest in its track maintenance programme in Missouri, which includes 1,507 miles of track surfacing and undercutting work, the replacement of 103 miles of rail track and 122,000 rail ties, as well as improvement to PTC.
BNSF chairman and chief executive officer Matthew Rose said: "BNSF's investments will improve our ability to provide rail freight services to Missouri businesses and communities, and will expand opportunities to create more jobs and growth for the Missouri economy."
The planned investments in Kansas and Missouri are part of the company's $3.9bn capital investment programme for 2012, the largest portion of which goes into $2.1bn improvements of the railway's core network and related assets.
BNSF also plans to invest $1.1bn on locomotives, freight cars and other equipment acquisitions.
About $300m will be invested for federally mandated PTC technology and $400m for terminal, line and intermodal expansion and efficiency projects.
Image: BNSF said that investments in Kansas and Missouri, US, will improve its ability to provide rail freight services. Photo: courtesy of Railfan Jack.