Union Pacific Railroad Investing $400M to Build Santa Teresa, New Mexico, Facility
"Our strategic investment in this new facility helps improve capacity and enhance efficiency on a key part of our network, while also demonstrating our long-term commitment to deliver premium service to our customers," said Jim Young, Union Pacific chairman and CEO. "Investments of this kind are guided by our mission to serve and are leading to new business and record levels of safety and customer satisfaction."
UP will create 600 jobs when the facility reaches full capacity in 2025. It will begin building at the site this year, with construction continuing through 2015.
The facility will encompass fueling facilities, crew change buildings, an intermodal yard, and an intermodal ramp. The project is part of UP's strategy to provide safe and efficient rail service across its 32,000-mile network.
Carver Maritime Expands Processing & Distribution Complex in North Charleston, South Carolina
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
What Should High-Growth Companies Look for in a Community?
Front Line: Trend Toward Microfactories Continues
A Changing Food Manufacturing Industry
2017 Food Processing
33rd Annual Corporate Survey & the 15th Annual Consultants Survey