In 2020, business development investments by BNSF customers in their rail physical plants totaled approximately $1.1 billion.
A notable portion of these investments came from such customers as Coldpoint Logistics, Delta Peanut and Ingredion. As a result of these and the numerous other 2020 investments, BNSF said it projects creation of more than 1,700 new jobs in local communities. “This marks the 10th 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,” the railroad said.
BNSF noted that in 2020, new developments supported a wide variety of commodities including consumer, agricultural and industrial products in communities across the BNSF network. Highlights of supply chain solutions BNSF helped its customers achieve in 2020 include:
- Coldpoint Logistics – With a $25 million investment, the cold storage solutions provider opened phase four of their facility located at BNSF’s Logistics Park Kansas City, adding 150,000 square feet of additional space and creating 75 jobs for local communities.
- Delta Peanut – At its facility in Jonesboro, Ark., Delta Peanut invested $70 million to add two tracks to their facility for shipping outbound peanuts, creating 130 jobs.
- Ingredion – Invested more than $100 million in South Sioux City, Neb., and created approximately 50 new roles in the community.
“At BNSF, our rail development program offers unique supply chain solutions that fit our customers’ varied logistical needs,” said Assistant Vice President Economic Development Colby Tanner. “The flexibility of our program provides our customers with the necessary tools to maximize their investments, while saving them time and money in reaching their distinct markets.”
For more information on establishing a new or expanded rail-served facility, visit bnsf.com/raildevelopment.