SOURCE: BNSF Railway Company

BNSF Railway Company

February 25, 2009 14:00 ET

BNSF's 2008 Economic Development Efforts Lead to $4 Billion in Investments and 4,000 New Jobs

FORT WORTH, TX--(Marketwire - February 25, 2009) - BNSF Railway Company's 2008 economic development efforts were instrumental in the location of 127 new or expanded facilities in communities along BNSF. The development of these facilities resulted in about $4 billion in investments and the creation of more than 4,000 new jobs.

For example BNSF's economic development team assisted a local volunteer business group in Weston County, WY. To revitalize the area, the Weston County Development Board created a plan to build a regional industrial park, the Upton Regional Industrial Site. The 600-acre site is attracting new businesses to the area and will become home to a variety of industries. The site will also serve as a BNSF premier rail transloading site.

"During the planning and construction phases of this project, we worked closely with BNSF's economic development team," said Tom Barritt, a member of the Weston County Development Board. "BNSF helped us coordinate with the correct public and private organizations to implement our plans smoothly and in a timely manner."

"We take great pride in working to enhance business for everyone in the BNSF system," said Vann Cunningham, BNSF assistant vice president, Economic Development. "In the case of Upton, Wyoming, the creation of the new industrial park not only brought in new businesses but also spurred the development of new housing in the area for the first time in 20 years."

BNSF also helped to locate ethanol plants in Texas, South Dakota, Nebraska, Iowa, Minnesota, and California; agriculture producers and processors in North and South Dakota, Mississippi, New Mexico and Oregon; and steel industries in New Mexico, Texas, Minnesota, Oregon and Illinois. Other industry expansions included companies dealing in lumber, construction materials, plastics, paper, machinery and scrap.

About BNSF

A subsidiary of Burlington Northern Santa Fe Corporation (NYSE: BNI), BNSF Railway Company operates one of the largest North American rail networks, with about 32,000 route miles in 28 states and two Canadian provinces. BNSF is among the world's top transporters of intermodal traffic, moves more grain than any other American railroad, carries the components of many of the products we depend on daily, and hauls enough low-sulfur coal to generate about ten percent of the electricity produced in the United States. BNSF is an industry leader in Web-enabling a variety of customer transactions at www.bnsf.com.

Contact Information

  • Contact:
    Jim Rogers
    817-867-0770