CN plans to invest approximately $100 million in Wisconsin in 2020 and roughly $55 million in Michigan.
The railroad says the spending will create higher capacity, which supports reductions in its customer’s transportation supply chain GHG emissions, by encouraging rail for long haul needs.
Wisconsin by the Numbers:
- Capital investments: approximately $970 million in the last five years
- Employees: approximately 1,413
- Railroad route miles operated: 1,428
- Community partnerships: $165,000 in 2019
- Local spending: $240 million in 2019
- Cash taxes paid: $21 million in 2019
“It’s great to hear that CN Railroad is once again investing more than $100 million in infrastructure improvements to its rail network in the Badger State,” Robin Vos, speaker of the Wisconsin State Assembly, said in a news release.
“It’s a strong sign of faith in the Wisconsin and US economies,” Vos added. “Sustained private investment in sectors like freight railroads will be essential to the state’s economic recovery from the COVID-19 pandemic.”
Michigan by the Numbers:
- Capital investments: More than $610 million in the last five years
- Employees: approximately 1,095
- Railroad route miles operated: 904
- Community partnerships: $153,000 in 2019
- Local spending: $112 million in 2019
- Cash taxes paid: $855,000 in 2019
“Freight rail’s global connections break the logistics barriers that would normally limit us as a peninsular state,” Michigan State Sen. Marshall Bullock said in a statement. “CN’s financial commitment to our state will continue to create unmatched economic links at this critical time, while also providing opportunity and stability to its hundreds of dedicated workers across Michigan.”