BNSF Railway Company plans to invest an estimated $130 million on maintenance and rail capacity improvement projects in Missouri this year.
BNSF will continue its track maintenance program in Missouri, which will include 1,507 miles of track surfacing and undercutting work, the replacement of 103 miles of rail and about 122,000 ties, as well as significant signal upgrades for federally mandated positive train control (PTC).
“BNSF’s investments will improve our ability to provide rail freight services to Missouri businesses and communities, and will expand opportunities to create more jobs and growth for the Missouri economy,” said Matthew K. Rose, Chairman and Chief Executive Officer.
The planned capital investments in Missouri are part of BNSF’s total 2012 capital commitment of $3.9 billion.
The largest component of the capital plan is spending $2.1 billion on BNSF’s core network and related assets.
BNSF also plans to spend approximately $1.1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Missouri.
The program also includes about $300 million for federally mandated positive train control and $400 million for terminal, line and intermodal expansion and efficiency projects.
