Railroad operator spending $125 million on Oklahoma projects
By KYLE ARNOLD World Business Writer on Sep 16, 2013, at 2:00 PM
Transportation
As automakers race to make cheaper electric cars with greater battery range, General Motors is working on one that can go 200 miles per charge at a cost of about $30,000, a top company executive said Monday.
BNSF Railway Co. announced Monday it is spending $125 million to expand and improve its system in Oklahoma. Projects will include a new bypass connection at the Cherokee rail yard in west Tulsa and extending a siding area on the carrier's tracks near Mannford.
Railroad operator BNSF Railways Co. announced plans Monday to spend $125 million expanding and improving their system in Oklahoma.
The projects include a new bypass connection at the Cherokee Yard in West Tulsa and extending a siding area on their tracks near Mannford.
“BNSF’s capital investments in Oklahoma will help ensure our network is prepared for growing demand for freight rail,” said BNSF chairman and CEO Matthew K. Rose in a statement Monday.
The company is also planning projects on its track between Sequoyah and DeGroat, a new siding area near Camp, Okla., and a track connection at Avard for the line that connects Tulsa to the company’s Transcon Route to Chicago.
There are also plans to replace a railway bridge near Ponca City.
BNSF has 1,236 employees in Oklahoma with railyards in Enid, Madill, Oklahoma City and Tulsa. The company owns 1,037 miles of track in the state.
Warren Buffett's Berkshire Hathaway owns BNSF, formerly known as Burlington Northern Santa Fe. Another Berkshire Hathaway subsidiary, BH Media Group, owns the Tulsa World.
Transportation
As automakers race to make cheaper electric cars with greater battery range, General Motors is working on one that can go 200 miles per charge at a cost of about $30,000, a top company executive said Monday.
BNSF Railway Co. announced Monday it is spending $125 million to expand and improve its system in Oklahoma. Projects will include a new bypass connection at the Cherokee rail yard in west Tulsa and extending a siding area on the carrier's tracks near Mannford.
