1. Union Pacific plans a 2,000-acre industrial park near Houston. 2. The site provides access to major highways and population centers. 3. It includes 1,300 acres for rail use, enhancing customer transportation. 4. Potential for over 20 million square feet of Class A development. 5. The park aims to unlock growth opportunities for Union Pacific.
FAQ
Why Bullish?
The development project could significantly enhance Union Pacific's service offerings and market reach, reminiscent of other successful expansions like the California rail initiatives. When Union Pacific previously expanded its infrastructure, it often led to improved stock performance due to operational efficiencies and increased demand.
How important is it?
The article discusses a major development initiative that could expand Union Pacific's operations and revenue potential, especially given its strategic location and infrastructure investment.
Why Long Term?
The park's development will take time to complete and fully realize its benefits, similar to effects seen from past infrastructure projects which often take years to influence long-term revenue streams.
Union Pacific Railroad recently announced plans to develop the Mainline Texas Industrial Park, a master-planned, 2,000-acre industrial development just outside Houston.
The park is strategically located along Union Pacific's main line with direct access to U.S. 90, Highway 36, Spur 10, and Interstate 69, offering customers seamless transportation across the region's major population centers and international gateways in Laredo, Eagle Pass and El Paso.
"We're excited about the new growth opportunities this park opens up for our customers," said Executive Vice President – Marketing and Sales Kenny Rocker. "It's near the state's largest concentration of people, industry and commerce, and allows customers to reach more than 25 million consumers within a 250-mile radius. That's real growth potential and another example of how we are planning into the future with our customers."
Mainline Texas Industrial Park offers 1,300 acres of rail-served land and 700 acres for non-rail industrial and commercial uses, with potential for more than 20 million square feet of Class A development. The site features rail car storage, on-site water and wastewater systems, regional drainage and access to high-capacity gas infrastructure, making it one of the state's most robust industrial offerings for customers.
For more information, visit https://www.mainlinetexas.com.
ABOUT UNION PACIFIC
Union Pacific (NYSE:UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251217408297/en/
Union Pacific Media Contact: Kristen South at media@up.com
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