BNSF customers invested $1.6B in projects in 2022

BNSF Railway Co. yesterday reported investments from its customers in 2022 totaled more than $1.6 billion.

Last year marks the 12th consecutive year that BNSF customers and local economic development organizations invested more than $1 billion in a calendar year for new or expanded facilities, BNSF officials said in a press release.

"At BNSF, we listen to our customers to create customizable rail development solutions that can be big or small in scope," said Chris Danos, assistant vice president of economic development. "We can also help streamline logistics costs while creating sustainable solutions that can minimize a customer’s carbon footprint."

In 2022, new developments supported a wide variety of commodities, including consumer, agricultural and industrial products in communities across BNSF's network.

Large investments from supply chain partners and customers in 2022 included: 

• Northwest Seaport Alliance at the port in Seattle invested more than $500 million along with its partners to modernize Terminal 5 with improvements to the dock, berths, on-dock rail, yard and electrical systems. Re-opened in early 2022, the terminal is attracting larger container ships with increased import and export cargo;

• ABDW Logistics invested $100,000 to lease a track near Galesburg, Illinois, to accommodate additional transloading opportunities at that location;

• HF Sinclair Corp. invested $350 million to add 43,935 feet of track and a new facility south of its existing refinery in Artesia, New Mexico, for manifest inbound feedstock and outbound renewable diesel; and

• GAF Materials Corp. invested $40 million to expand track and warehouse capacity at their existing Gainesville, Texas facility to accommodate future growth and improve rail throughput and efficiency. The expansion helped create six additional jobs.