Business
CN to Invest $50 Million in Louisiana to Build Capacity and Power Sustainable Growth
HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$50 million in Louisiana, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build capacity in New Orleans area and upgrades to improve operations at CN’s Geismar railyard. These projects will help ensure the safe movement of goods and support long-te
About this update from Canadian National Railway Company
[{"type":"image","alt":"Canadian National Railway Company","displaySize":"","headline":null,"caption":"Canadian National Railway Company","className":"","disableSlideshowImg":false,"size":{"original":{"width":273,"height":102,"url":"https://media.zenfs.com/en/globenewswire.com/3f303bf73c9461c95577297b50b90237"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jLAuthhRvk8qDn6FnccTfQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1NztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/3f303bf73c9461c95577297b50b90237","width":273,"height":102}},"lazy":false},{"type":"text","content":"HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$50 million in Louisiana, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build capacity in New Orleans area and upgrades to improve operations at CN’s Geismar railyard. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Louisiana and across CN’s network.","length":559,"tagName":"p"},{"type":"text","content":"“We believe that investing in our network is about building for the future. Our continued infrastructure investment in Louisiana will help strengthen the resiliency and efficiency of our network across the state. Our focus remains on providing exceptional service to our customers and supply chain partners, supporting strong economic growth for North America and across communities where we operate.”","length":401,"tagName":"p"},{"type":"text","content":"- Tracy Robinson, President, and Chief Executive Officer of CN","length":62,"tagName":"p"},{"type":"text","content":"“I applaud CN for their investment in the State of Louisiana. The implementation of strategic infrastructure initiatives, projects to increase operational capacity, and planned system wide upgrades will continue to show CN’s commitment to safely move freight through the cities and parishes of Louisiana. This investment also shows CN’s commitment and partnership toward ensuring our vision of economic growth and prosperity is realized for citizens of Louisiana.” ","length":471,"tagName":"p"},{"type":"text","content":"- The Honorable Jeff Landry, Governor of Louisiana","length":50,"tagName":"p"},{"type":"text","c...