BNSF Railway Company pulled in more than $1.1 billion in investments in 2020, including a significant investment from an Arkansas company.
Delta Peanut invested $70 million in 2020 to add two tracks to its facility for shipping outbound peanuts.
Several companies made multi-million dollar investments in BNSF and its facilities. Ingredion invested more than $100 million in South Sioux City, Neb. that impacted BNSF Railway. Coldpoint Logistics made a $25 million investment, opening phase four of its facility at BNSF’s Logistics Park in Kansas City.
“At BNSF, our rail development program offers unique supply chain solutions that fit our customers’ varied logistical needs.” Colby Tanner, BNSF assistant vice president of economic development, said in a statement. “The flexibility of our program provides our customers with the necessary tools to maximize their investments, while saving them time and money in reaching their distinct markets.”
BNSF Railway operates roughly 32,500 miles of track across 28 states and three Canadian provinces. According to the Port of Little Rock’s website, there are 1,683 miles of Class I railroads, which includes BNSF, in the state.
Delta Peanut introduced the first peanut shelling plant in Arkansas, which occupies a 71-acre site in Jonesboro, and has a remote buying location in Marianna. These projects represented an initial investment of $70 million.