Railroad hub to create jobs, boost trade

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.

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