NORTH PLATTE, Neb. (KNOP) - Union Pacific Railroad plans to put $65 million into its Nebraska infrastructure in 2018.
In a press release, Union Pacific said the company’s planned private investment will enhance safety, operating efficiency and support customer service.
The company’s planned investment covers a range of initiatives, including $54.9 million to maintain railroad track and $3 million to maintain bridges in the state. Key projects planned this year include:
• $16.3 million investment in the rail line between Grand Island and Fremont to replace more than 110,500 railroad ties.
• $10.7 million investment in the rail line between Burns and Lodgepole to replace nearly 85,000 railroad ties.
• $5 million investment in the rail line between Lewellen and Sutherland to update track welds.
This year’s planned $65 million capital expenditure in Nebraska is part of the company’s ongoing investment strategy. In the last five years, 2013-2017, Union Pacific invested more than $543 million strengthening Nebraska’s transportation infrastructure.
“Our targeted investments support customers and enhance our efficiency to deliver the goods American businesses and families use daily,” said Lisa Stark, Union Pacific vice president - Public Affairs, Northern Region.