Union Pacific is planning to invest $37.7 million this year to improve Arizona’s transportation infrastructure.
The company’s multi-million dollar private investment will enhance employee, community and customer safety and increase rail operating efficiency. Freight railroads like Union Pacific operate on track built and maintained without taxpayer funds. Union Pacific’s private investments sustain jobs and ensure the company meets growing demand for products used in the American economy.
Union Pacific’s planned investment covers a range of initiatives: $29 million to maintain railroad track and $7.3 million to maintain bridges in the state. Key projects planned this year include:
- A $17.6 million investment in the rail line between Yuma and Casa Grande to replace 180,099 railroad ties.
- A $5.1 million investment in the rail line between Vail, Arizona, and El Paso, Texas, to replace 25,756 railroad ties and almost 3 miles of curve rail.
This year’s planned $37.7 million capital expenditure in Arizona is part of an ongoing investment strategy. Between 2011 and 2015, Union Pacific invested more than $107 million strengthening Arizona’s transportation infrastructure.
Union Pacific plans to spend $3.75 billion across its network this year, following investments totaling approximately $33 billion from 2006-2015. These investments contributed to a 25 percent decrease in derailments over the last 10 years.