Union Pacific recently outlined $1 billion in infrastructure investments for the Lonestar State. These private capital funds will go towards maintaining and securing existing rail lines and bridges, as well as the largest investment in a single facility in the railroad’s 155-year history.
On March 5, 2018, Union Pacific announced it will spend $450 million in 2018 to maintain and upgrade its existing infrastructure across the state. Once again, Texas will receive the largest portion of Union Pacific’s annual investment budget that is spread amongst 23 states. Information regarding this announcement can be found at https://www.up.com/media/releases/170305-texas-infrastructure.htm
Additionally, in February Union Pacific announced construction on Brazos Yard in Robertson County, Texas. This $550 million facility is scheduled for completion in 2020 and will be one of the largest rail facilities in Texas.
Brazos Yard will support Union Pacific’s customers that represent a wide variety of economic drivers across Texas, including cross-border traffic, petrochemicals, consumer goods and plastics. With room for potential expansion to make it one of the largest yards in the country, Brazos Yard represents a significant investment in Texas for Union Pacific.