BNSF's 2012 Economic Development Efforts Lead to Record Investments and New
FORT WORTH, Texas -- February 6, 2013
BNSF Railway’s economic development team worked with customers and state and
local economic development organizations to locate hundreds of new or expanded
facilities in communities across BNSF’s network in 2012, generating
approximately $1.8 billion in new investment and over 6,200 new U.S. jobs in
The 194 new and expanding facilities located on BNSF in 2012 included
signature rail equipment manufacturing projects in Fort Worth, Texas and
Rochelle, Illinois. Efforts in 2012 also included 44 projects to support the
agricultural industry in 12 states, including 10 new grain shuttle facilities.
The expanding unconventional oil and gas industry continued as a major source
of economic development projects for BNSF. As demand for crude oil from the
various U.S. shale formations continues to rise, so do investments in new rail
facilities. In response to this demand, last year the BNSF economic
development team assisted customers in locating and completing five new crude
oil unit train terminals in North Dakota and Montana. In addition, several new
destination crude oil facilities were located in Washington, Missouri, Texas
and Florida. These investments surpassed $300 million.
“2012 was a record year for BNSF economic development efforts. We broke our
all-time job creation and project completion records and attained the second
highest level of customer investment in our service territory,” said Vann
Cunningham, BNSF assistant vice president, Economic Development. “This is a
testament to the economic development potential of rail transportation, its
growing importance to the Nation’s economy, and the commitment of our partner
state and local economic development organizations to supporting rail served
industry investment and job creation in their communities.”
BNSF Railway is one of North America’s leading freight transportation
companies operating on 32,500 route miles of track in 28 states and two
Canadian provinces. BNSF is one of the top transporters of consumer goods,
grain and agricultural products, low-sulfur coal, and industrial goods such as
petroleum, chemicals, housing materials, food and beverages. BNSF’s shipments
help feed, clothe, supply, and power American homes and businesses every day.
BNSF and its employees have developed one of the most technologically
advanced, and efficient railroads in the industry. We work continuously to
improve the value of the safety, service, energy, and environmental benefits
we provide to our customers and the communities we serve. You can learn more
about BNSF at www.BNSF.com.
Steve Forsberg, 817-867-6418
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