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These investments totaled approximately $1.1 billion. Large investments from customers including Coldpoint Logistics, Delta Peanut and Ingredion contributed to the sum. As a result of customer investments, BNSF projects the creation of more than 1,700 new jobs in local communities. This marks the 10th consecutive year that BNSF customers and local economic development organizations have invested more than $1 billion in a calendar year for new or expanded facilities.
“At BNSF, our rail development program offers unique supply chain solutions that fit our customers’ varied logistical needs.” said Colby Tanner, assistant vice president, economic development. “The flexibility of our program provides our customers with the necessary tools to maximize their investments, while saving them time and money in reaching their distinct markets.”
In 2020, new developments supported a wide variety of commodities including consumer, agricultural and industrial products in communities across the BNSF network. Highlights of supply chain solutions BNSF helped its customers achieve in 2020 include:
For more information on establishing a new or expanded rail-served facility, visit bnsf.com/raildevelopment.
The post BNSF Railway announces 2020 economic development results appeared first on Railway Track and Structures.
This article first appeared on www.rtands.com
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