BNSF Reports 2017 Economic Development Results
FORT WORTH, Texas, February 6, 2018 – BNSF Railway Company (BNSF) today reported another record year of investment from customers served by the freight rail provider – nearly $7.7 billion. This figure reflects several large investments by customers including Iowa Fertilizer Company, Spectrum Brands and Ganahl Lumber Company. These investments are expected to generate approximately 3,500 new jobs in local communities. This marks the seventh 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.
"The focus of the BNSF Economic Development team is to facilitate and expedite the process of establishing rail service for our customers, so these types of customer investments highlight the innovative transportation solutions our rail network provides to a range of businesses and industries," said Colby Tanner, assistant vice president, economic development.
In 2017, new developments supported a wide variety of commodities including agriculture, chemicals, consumer products, ethanol, fertilizer, industrial products and petroleum in more than 100 communities across the BNSF network. Highlights of supply chain solutions BNSF helped its customers achieve in 2017 include:
- Iowa Fertilizer Company – Located in Wever, Iowa, the $3 billion fertilizer plant began production in 2017. Bringing 220 permanent jobs to the area, the plant is anticipated to produce up to 2 million metric tons of fertilizer and diesel exhaust fluid (DEF) products each year.
- Spectrum Brands – The hardware and home improvement division of Spectrum Brands consolidated its operations from two distribution centers to one, located at Logistics Park Kansas City, in Edgerton, Kansas. The multi-million dollar project included a 927,000quare-foot distribution center and brought an additional 300 jobs to LPKC.
- Ganahl Lumber Company – By building a new $50 million rail-served lumber facility in Torrance, Calif., Ganahl Lumber Company has hired 91 employees, with plans to employ up to 140 at the location.
For more information on establishing a new or expanded rail-served facility, visit www.bnsf.com/rail-development.
BNSF Railway is one of North America's leading freight transportation companies. BNSF operates approximately 32,500 route miles of track in 28 states and also operates in three 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.