{"id":2345,"date":"2014-05-29T14:34:29","date_gmt":"2014-05-29T14:34:29","guid":{"rendered":"http:\/\/www.swproperties.com\/new-mexico-news\/?p=2345"},"modified":"2020-10-29T14:53:17","modified_gmt":"2020-10-29T14:53:17","slug":"union-pacific-railroad-completes-400-million-new-mexico-rail-facility","status":"publish","type":"post","link":"https:\/\/www.swproperties.com\/new-mexico-news\/new-mexico-economy\/union-pacific-railroad-completes-400-million-new-mexico-rail-facility\/","title":{"rendered":"Union Pacific Railroad Completes $400 Million New Mexico Rail Facility"},"content":{"rendered":"
\n
\"Union<\/a>
Union Pacific facility construction created 3,000 jobs during the build phase from 2011 to 2014. The site will be home to 300-600 permanent jobs once the facility reaches full capacity. (PRNewsFoto\/Union Pacific)<\/figcaption><\/figure>\n

– Construction completed one year ahead of schedule<\/h3>\n

– 3,000 jobs created during build phase<\/h3>\n

– Economic impact to New Mexico exceeded $500 million<\/h3>\n<\/div>\n
\n

Union Pacific Chairman and CEO\u00a0Jack Koraleski\u00a0joined New Mexico\u00a0Governor\u00a0Susana Martinez\u00a0in a grand-opening ceremony celebrating the newest facility on the railroad’s 23-state network. The 2,200 acre site, which officially opened\u00a0April 1, will create value for Union Pacific customers and produce greater logistics efficiencies along Union Pacific’s critical Sunset Route, the rail line running 760 miles from\u00a0El Paso, Texas, to\u00a0Los Angeles.<\/p>\n<\/div>\n

Located just west of the Santa Teresa Airport, Union Pacific’s\u00a0Santa Teresa\u00a0rail facility includes a fueling station, crew change buildings, and an intermodal ramp with an annual lift capacity of around 225,000 containers. The southern region of\u00a0New Mexico\u00a0is now a strategic focal point where shippers can leverage the economic and environmental benefits of shipping freight by rail.<\/p>\n

“Our new rail facility in\u00a0New Mexico\u00a0is a key part of our relentless effort to create value for our customers through safety, service and efficiency,” Koraleski said. “Union Pacific’s\u00a0$400 million\u00a0investment in\u00a0New Mexicowill improve the fluidity and efficiency of the Union Pacific network and will have a positive long-term economic impact in the region.”<\/p>\n

Facility construction created 3,000 jobs during the build phase from 2011 to 2014. The site will be home to 300-600 permanent jobs once the facility reaches full capacity. The project’s estimated overall economic impact to\u00a0New Mexico\u00a0exceeds\u00a0$500 million, with Union Pacific’s investment highlighting the company’s commitment to enhancing the nation’s transportation infrastructure and setting the standard for outstanding customer service.<\/p>\n

Union Pacific is planning to invest approximately\u00a0$4.1 billion\u00a0in 2014 \u2013 capital investment that is part of a long-term strategy to provide safe, efficient service across its 32,000 mile network.<\/p>\n

About Union Pacific<\/b><\/p>\n

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 2004-2013, Union Pacific invested approximately\u00a0$30 billion\u00a0in its network and operations to support America’s transportation infrastructure.\u00a0 The railroad’s diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific\u00a0 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\u00a0Canada’s\u00a0rail systems and is the only railroad serving all six major\u00a0Mexico\u00a0gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

– Construction completed one year ahead of schedule – 3,000 jobs created during build phase – Economic impact to New Mexico exceeded $500 million Union Pacific Chairman and CEO\u00a0Jack Koraleski\u00a0joined New Mexico\u00a0Governor\u00a0Susana Martinez\u00a0in a grand-opening ceremony celebrating the newest facility on the railroad’s 23-state network. The 2,200 acre site, which officially opened\u00a0April 1, will create … Continue reading “Union Pacific Railroad Completes $400 Million New Mexico Rail Facility”<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,18],"tags":[],"class_list":["post-2345","post","type-post","status-publish","format-standard","hentry","category-new-mexico-economy","category-whats-news"],"yoast_head":"\nUnion Pacific Railroad Completes $400 Million New Mexico Rail Facility - Southwest Properties, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.swproperties.com\/new-mexico-news\/new-mexico-economy\/union-pacific-railroad-completes-400-million-new-mexico-rail-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Union Pacific Railroad Completes $400 Million New Mexico Rail Facility - Southwest Properties, Inc.\" \/>\n<meta property=\"og:description\" content=\"– Construction completed one year ahead of schedule – 3,000 jobs created during build phase – Economic impact to New Mexico exceeded $500 million Union Pacific Chairman and CEO\u00a0Jack Koraleski\u00a0joined New Mexico\u00a0Governor\u00a0Susana Martinez\u00a0in a grand-opening ceremony celebrating the newest facility on the railroad’s 23-state network. 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