Union Pacific to invest more than $120 million in Arkansas

Union Pacific plans to invest more than $120 million into Arkansas' infrastructure this year, the Texarkana Gazette reported.

About $12 million will go toward a rail line between Texarkana and Pine Bluff, including replacing 91,854 railroad ties and installing 26,021 tons of rock ballast.

An additional $19 million will reportedly be provided to replace 42 miles of rail between Atkins and Mulberry.

The company's investment also includes $103 million to maintain railroad tracks and $9.6 million to maintain bridges in the state this year, according to the newspaper.

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