SANTA TERESA, N.M. (KRQE) – A railroad hub along the U.S. Mexico border officially opened Wednesday morning in New Mexico.
The $400 million rail hub will create new jobs and is expected to boost foreign trade in the border town of Santa Teresa.
“Our new rail facility in New Mexico is a key part of our relentless effort to create value for our customers through safety, service and efficiency,” Union Pacific Chairman and CEO, Jack Koraleski said. “Union Pacific’s $400 million investment in New Mexico will improve the fluidity and efficiency of the Union Pacific network and will have a positive long-term economic impact in the region.”
The facility spans 2,200 acres and also includes fueling facilities and crew-change buildings.
Construction began in 2011.
Union Pacific says dignitaries who participated in the event included Governor Susana Martinez and U.S. senator’s Martin Heinrich and Tom Udall.