Union Pacific Plans to Invest $81 Million in its Oregon Rail Infrastructure
Union Pacific's planned investment covers a range of initiatives: \\$67 million to maintain railroad track, \\$5 million to enhance signal systems and \\$9 million to maintain or replace bridges in the state. Key projects planned this year include:
- \\$12.4 million investment in the rail line between Portland and La Grande to replace 91,521 railroad ties and install 56,681 tons of rock ballast. In addition, crews will repair the surfaces at 40 road crossings.
- \\$11 million investment in the rail line between Hermiston and Wallula to replace 22 miles of rail.
- \\$7.7 million investment in the rail line between Portland and Salem to replace 62,414 railroad ties and install 25,695 tons of rock ballast.
This year's planned \\$81 million capital expenditure in Oregon is part of an ongoing investment strategy. From 2010 to 2014 Union Pacific invested more than \\$520 million strengthening Oregon's transportation infrastructure.
"We constantly evaluate our customers' needs to make targeted investments that enhance our efficiency and deliver the goods American businesses and families use daily," said Scott Moore, Union Pacific vice president - Public Affairs, Western Region. "Continuing to aggressively invest in our infrastructure is an important element in Union Pacific's unwavering safety commitment."
Union Pacific plans to spend \\$4.2 billion across its network this year, following investments totaling more than \\$31 billion from 2005-2014. These investments contributed to a 38 percent decrease in derailments over the last 10 years.
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