Join The Discussion

 

Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

read more >

Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

read more >

Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

read more >

UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

read more >

Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

read more >

 

BNSF plans $125M capital program in Washington
 
 
 
 
A. Lee Graham
Reporter
 
BNSF Railway Co. of Fort Worth plans to invest about $125 million on maintenance and rail capacity improvement and expansion projects in Washington state this year.
 
The company’s 2013 capacity enhancement projects in Washington include building two receiving and departure tracks nearly 7,000 feet long at its Delta yard in Everett and expanding BNSF’s automotive distribution facility at Orillia to support growth in new automobile traffic.
 
Meanwhile, the company is continuing a track maintenance program in Washington, which will include nearly 2,800 miles of track surfacing and undercutting work, as well as replacement of about 175 miles of rail and 110,000 railroad ties.
 
“BNSF’s capital investments in Washington will help ensure our network is prepared for growing demand for freight rail,” said chairman and CEO Matthew K. Rose, commenting in a news release.
 
“Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help Washington compete in global markets,” Rose said.
 
The planned capital investments are part of BNSF’s record 2013 capital commitment of $4.3 billion. Comprising the largest component of that capital plan is $2.3 billion on BNSF's core network and related assets. The company also plans to spend about $1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Washington.
 
BNSF Railway operates on 32,500 route miles of track in 28 states and two Canadian provinces. More information is available at www.bnsf.com.
 
lgraham@bizpress.net

< back

Email   email
hide
Catch
How 'bout them Cowboys?