CN to Invest $20 Million in Indiana to Build Capacity and Power Sustainable Growth

Core Points - CN plans to invest approximately US$20 million in Indiana in 2025 for track maintenance and strategic infrastructure initiatives [1] - The investment aims to increase capacity and upgrade rolling stock, ensuring safe movement of goods and supporting sustainable growth [1][2] - In 2024, CN invested approximately US$28 million in Indiana, with significant allocations for upgrading operations and purchasing equipment [2] Investment Details - The 2025 investment will focus on track maintenance and infrastructure improvements [1] - Previous investments included over US$2 million for projects at CN's Kirk railyard and approximately US$400,000 for equipment purchases [2] - CN's total capital investments in Indiana for 2024 were more than US$28 million [6] Economic Impact - CN's investments are aimed at strengthening the resiliency and efficiency of the rail network in Indiana [2] - The company plays a crucial role in supporting Indiana's manufacturing and agriculture sectors [2] - CN contributes to the economy by transporting over 300 million tons of goods across North America annually [5]