BNSF: More Than $1.6B Customer Investments in 2022Written by Carolina Worrell, Senior Editor
BNSF Railway Company (BNSF) on Feb. 14 reported investments from customers served by the rail provider in 2022, including The Northwest Seaport Alliance, ABDW Logistics, Holly Frontier and GAF Materials, totaling more than $1.6 billion.
As a result of customer investments, BNSF projects supported the creation of more than 3,200 new jobs in local communities. According to the Class I, this marks the twelfth consecutive year that BNSF customers and local economic development organizations have invested more than $1 billion in a calendar year for new or expanded facilities.
In 2022, new developments supported a wide variety of commodities, including consumer, agricultural and industrial products in communities across the BNSF network. Highlights of the supply chain solutions BNSF helped its customers achieve in 2022 include:
- The Northwest Seaport Alliance: In Seattle, Washington, the NWSA has invested more than a half-billion dollars alongside its partners to modernize Terminal 5 with improvements to the dock, berths, on-dock rail, yard, and electrical systems. Re-opened at the beginning of 2022, this investment is attracting larger container ships with increased import and export cargo, as well as helping to create 2,400 jobs in the Puget Sound region.
- ABDW Logistics: With a $100,000 investment, ABDW has leased a track near Galesburg, Illinois to accommodate additional transloading opportunities at that location. This investment towards growth has created five additional jobs.
- Holly Frontier: With a $350 million investment, HF Sinclair added 43,935 feet of track and a new facility south of their existing refinery in Artesia, New Mexico for manifest inbound feedstock and outbound renewable diesel. With this expansion, 57 jobs were created.
- GAF Materials: GAF Materials invested $40 million to expand track and warehouse capacity at their existing Gainesville, Texas facility to accommodate future growth and improve rail throughput and efficiency. This expansion helped to create six additional jobs.
“At BNSF, we listen to our customers to create customizable rail development solutions that can be big or small in scope,” said Assistant Vice President, Economic Development Chris Danos. “We can also help streamline logistics costs while creating sustainable solutions that can minimize a customer’s carbon footprint.”