Union Pacific plans $24M capex for Arizona
Written by Maggie Lancaster, Associate Editor, RT&SUnion Pacific announced plans to invest $24 million in its Arizona rail infrastructure as a part of its 2017 $31 billion capital plan.
The Class 1 will invest $21 million in railroad track maintenance and $2 million in bridges throughout the state. Key projects include:
— $7 million investment in the rail line between Tucson and Nogales to replace 61,839 crossties during a tie replacement project.
— $6 million investment in the rail line between Cochise and San Simon to replace 28 miles of concrete crossties and pad.
— $3 million investment in the rail line between Casa Grande and Tucson to replace 26,300 crossties during a tie replacement project.
This investment in Arizona is a part of Union Pacific’s ongoing investment strategy. The company has invested more than $221 million strengthening Arizona’s transportation infrastructure between 2012 to 2016.