Western US railroad BNSF said its customers invested approximately $1.2 billion last year in capital projects near BNSF's network, reports Yahoo Finance.
For nine consecutive years, BNSF's customers and local development organizations have invested over $1 billion collectively for new or expanded facilities, BNSF said.
The companies that invested in 2019 include Ag Processing Inc., which invested $300 million and opened its 10th soybean processing location in Aberdeen, SD. The facility is expected to process more than 50 million bushels of soybeans annually.
