CAPITAL INVESTMENT
Union Pacific Kinney County Railport Announces Grand Opening
SPRING, TEXAS, NOVEMBER 03, 2015
Union Pacific Railroad will host a ribbon cutting ceremony November 3, 2015, for its new Union Pacific Kinney County Railport in Kinney County, Texas. The mayors of Brackettville, Del Rio and Eagle Pass will join members of the Kinney County Commissioner's Court, representatives from area lawmakers' offices, and executives from Union Pacific to celebrate the new railport and tour the grounds.
The $40 million facility is located between Eagle Pass and Brackettville covering 100 acres with space to expand up to 470 acres. It will provide cleaning and repair services for boxcars carrying packaged beer from Union Pacific customers along the border. At full operation, the facility will count over 100 employees, filling positions such as supervisors, car men, laborers and support personnel.
The Union Pacific Kinney County Railport will clean and prepare rail cars to meet food-grade guidelines so they are ready to be loaded by customers in Mexico and return to the United States with product for distribution. This will improve operational efficiency and network fluidity which should help alleviate congestion that causes stopped or slow trains. As a result, drivers in the area may see fewer blocked crossings and have their wait times at those crossings reduced.
"This new railport is strategically located to support our growing import beer business," said Jason Hess, vice president - Agricultural Products. "The Eagle Pass gateway will become a pipeline for crossing millions of cases of beer annually."
"We appreciate the support from our regional partners in bringing this facility on line," said Ivan Jaime, director - Public Affairs. "This is a great example of economic development and job creation."
ABOUT UNION PACIFIC
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2005-2014, Union Pacific invested more than $31 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.