Another class I railroad reports record investments
Customers served by the US company, BNSF Railway (BNSF) invested a record USD 7.7 billion in 2017. The figure includes several large investments by customers such as the Iowa Fertilizer Company, Spectrum Brands and Ganahl Lumber Company.
The investments are expected to generate approximately 3,500 new jobs in local communities. 2017 was the seventh consecutive year that BNSF customers and local economic development organizations ploughed more than USD 1 billion in a calendar year into new or expanded facilities.
Last year, new developments supported a wide variety of commodities in more than 100 communities across the BNSF network. (ben)