UP Railroad Exec Committed to Fremont, Nebraska
14 Feb 2012
Fremont Tribune reports:
Jim Young knows a thing or two about commitments.
As chairman, president and chief executive officer of Union Pacific, Young leads the largest railroad in North America that is celebrating its 150th anniversary this year.
"You have my commitment that we're going to be good partners with you," Young told those who attended the 132nd Annual Banquet of the Fremont Area Chamber of Commerce. "We're going to work with you for economic growth to make Fremont one of the truly great cities in America."
Part of that commitment is investing $1 billion in Nebraska over the next few years to improve its infrastructure. The work is estimated to create several thousand jobs for the state over the next four or five years, Young said.
Doubling the track between Fremont and Missouri Valley, Iowa, is one of those projects. Bridges will be replaced across the Elkhorn and Missouri rivers, he said.