Union Pacific announced that it will invest USD 85 million for the modernisation of the railway infrastructure in Illinois.
The company’s plan envisages USD 70 million to maintain the rail track and USD 10 million to maintain bridges in the state. This year, key projects involve USD 6 million in the rail line between Elburn and Fulton to replace 25 km of rail and USD 7 million investment in the rail line between East St. Louis and Chester to replace 59,594 rail ties and install 27,497 tons of rock ballast.
“Union Pacific’s targeted investments fund projects that strengthen our rail tracks, increase safety and minimize delays as trains travel through communities across Illinois,” said Donna Kush, Union Pacific vice president.
This year’s planned USD 85 million capital expenditure in Illinois is part of an ongoing investment strategy. From 2012 to 2016, Union Pacific invested more than USD 566 million strengthening Illinois’s transport infrastructure.
The company plans to spend USD 3.1 billion across its network this year.