CN to Invest $110 Million in Wisconsin to Build Capacity and Power Sustainable Growth
CN (NYSE: CNI) has announced plans to invest US$110 million in Wisconsin as part of its 2025 capital investment program. The investment focuses on track maintenance and strategic infrastructure initiatives, including US$3.5 million for new equipment and US$1.5 million for upgrades at the Stevens Point railyard.
The company currently operates 988 railroad route miles in Wisconsin with approximately 1,197 employees. In 2024, CN invested US$110 million in Wisconsin infrastructure, made community investments of US$146,000, spent US$251 million locally, and paid US$14 million in cash taxes.
This investment aims to enhance network resiliency, ensure safe goods movement, and support long-term sustainable growth in Chicago and across CN's network.
CN (NYSE: CNI) ha annunciato l'intenzione di investire 110 milioni di dollari USA in Wisconsin nell'ambito del suo programma di investimenti per il 2025. L'investimento si concentra sulla manutenzione delle linee ferroviarie e su iniziative strategiche per le infrastrutture, inclusi 3,5 milioni di dollari USA per nuovi equipaggiamenti e 1,5 milioni di dollari USA per miglioramenti nel deposito ferroviario di Stevens Point.
Attualmente, l'azienda gestisce 988 miglia di linee ferroviarie in Wisconsin con circa 1.197 dipendenti. Nel 2024, CN ha investito 110 milioni di dollari USA nelle infrastrutture del Wisconsin, ha effettuato investimenti comunitari per 146.000 dollari USA, speso 251 milioni di dollari USA localmente e pagato 14 milioni di dollari USA in tasse.
Questo investimento mira a migliorare la resilienza della rete, garantire un trasporto sicuro delle merci e sostenere una crescita sostenibile a lungo termine a Chicago e in tutta la rete di CN.
CN (NYSE: CNI) ha anunciado planes para invertir 110 millones de dólares estadounidenses en Wisconsin como parte de su programa de inversión de capital para 2025. La inversión se centra en el mantenimiento de vías y en iniciativas estratégicas de infraestructura, incluyendo 3,5 millones de dólares estadounidenses para nuevos equipos y 1,5 millones de dólares estadounidenses para mejoras en el patio ferroviario de Stevens Point.
La compañía opera actualmente 988 millas de rutas ferroviarias en Wisconsin con aproximadamente 1,197 empleados. En 2024, CN invirtió 110 millones de dólares estadounidenses en infraestructura en Wisconsin, realizó inversiones comunitarias por 146,000 dólares, gastó 251 millones de dólares localmente y pagó 14 millones de dólares en impuestos en efectivo.
Esta inversión tiene como objetivo mejorar la resiliencia de la red, garantizar un transporte seguro de mercancías y apoyar un crecimiento sostenible a largo plazo en Chicago y en toda la red de CN.
CN (NYSE: CNI)는 2025년 자본 투자 프로그램의 일환으로 위스콘신에 1억 1천만 미국 달러를 투자할 계획을 발표했습니다. 이 투자는 선로 유지보수 및 전략적 인프라 이니셔티브에 중점을 두고 있으며, 350만 미국 달러는 신규 장비에, 150만 미국 달러는 스티븐스 포인트 철도 야적장의 업그레이드에 사용됩니다.
현재 회사는 위스콘신에서 988마일의 철도 노선을 운영하며 약 1,197명의 직원이 근무하고 있습니다. 2024년 CN은 위스콘신 인프라에 1억 1천만 미국 달러를 투자했고, 지역사회에 146,000달러를 기부했으며, 지역에서 2억 5,100만 달러를 지출하고 1,400만 달러의 현금 세금을 납부했습니다.
이번 투자는 네트워크 복원력을 강화하고 안전한 화물 운송을 보장하며 시카고와 CN 네트워크 전반에 걸쳐 장기적인 지속 가능한 성장을 지원하는 것을 목표로 합니다.
CN (NYSE : CNI) a annoncé son intention d'investir 110 millions de dollars US dans le Wisconsin dans le cadre de son programme d'investissement en capital pour 2025. Cet investissement se concentre sur l'entretien des voies et des initiatives stratégiques d'infrastructure, incluant 3,5 millions de dollars US pour de nouveaux équipements et 1,5 million de dollars US pour des améliorations dans la gare de triage de Stevens Point.
L'entreprise exploite actuellement 988 miles de voies ferrées dans le Wisconsin avec environ 1 197 employés. En 2024, CN a investi 110 millions de dollars US dans les infrastructures du Wisconsin, réalisé des investissements communautaires de 146 000 dollars, dépensé 251 millions de dollars localement et payé 14 millions de dollars en taxes.
Cet investissement vise à renforcer la résilience du réseau, assurer un transport sûr des marchandises et soutenir une croissance durable à long terme à Chicago et à travers le réseau de CN.
CN (NYSE: CNI) hat Pläne angekündigt, im Rahmen seines Kapitalinvestitionsprogramms 2025 110 Millionen US-Dollar in Wisconsin zu investieren. Die Investition konzentriert sich auf Gleisinstandhaltung und strategische Infrastrukturmaßnahmen, einschließlich 3,5 Millionen US-Dollar für neue Ausrüstung und 1,5 Millionen US-Dollar für Modernisierungen im Rangierbahnhof Stevens Point.
Das Unternehmen betreibt derzeit 988 Meilen Eisenbahnstrecken in Wisconsin mit etwa 1.197 Mitarbeitern. Im Jahr 2024 investierte CN 110 Millionen US-Dollar in die Infrastruktur Wisconsins, tätigte Gemeinschaftsinvestitionen in Höhe von 146.000 US-Dollar, gab lokal 251 Millionen US-Dollar aus und zahlte 14 Millionen US-Dollar an Steuern in bar.
Diese Investition zielt darauf ab, die Netzwerkkapazität zu erhöhen, eine sichere Güterbeförderung zu gewährleisten und langfristiges nachhaltiges Wachstum in Chicago und im gesamten CN-Netzwerk zu unterstützen.
- None.
- None.
Insights
CN's $110M Wisconsin investment maintains capital spending levels, supporting network reliability while providing continuity in strategic infrastructure development.
CN's announced
The investment focuses on three key areas: track maintenance, equipment renewal, and yard improvements. While maintaining railroad infrastructure is critical for operational efficiency, the announced spending appears to be routine capital expenditure rather than transformative investment. The
The Wisconsin network (988 route miles) represents an important corridor within CN's North American operations, particularly for connections to Chicago, a critical rail hub. The
This investment aligns with the industry-wide focus on network resiliency and efficiency. For CN specifically, maintaining consistent capital expenditure levels signals a steady-state approach to infrastructure development rather than an aggressive growth strategy. The emphasis on safety and reliability indicates prioritization of operational excellence over network expansion.
HOMEWOOD, Ill., July 02, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US
“We believe that investing in our network is about building for the future. Our continued infrastructure investment in Wisconsin 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.”
- Tracy Robinson, President, and Chief Executive Officer of CN
“CN’s investment in Wisconsin infrastructure supports safer crossings and more reliable service statewide. These improvements help ensure that Wisconsin communities remain connected, competitive, and protected.”
- Don Vruwink, Wisconsin Commissioner of Railroads
In 2024, CN invested approximately US
- More than US
$3.5 million for new equipment, including vehicles as part of a multi-year fleet renewal program for Wisconsin and across the network. - Over US
$1.5 million for upgrades at CN’s Stevens Point railyard to improve operations.
- Employees: approximately 1,197
- Railroad route miles operated: 988
- Community investments: US
$ 146,000 in 2024 - Local spending: US
$ 251 million in 2024 - Cash taxes paid: US
$14 million in 2024
CN Forward-Looking Statements
Certain statements by CN included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words. Forward-looking statements reflect information as of the date on which they are made. CN assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN does update any forward-looking statement, no inference should be made that CN will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
About CN
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.
Contacts: | |
Media | Investment Community |
Ashley Michnowski | Stacy Alderson |
Senior Manager | Assistant Vice-President |
Media Relations | Investor Relations |
(438) 596-4329 | (514) 399-0052 |
media@cn.ca | investor.relations@cn.ca |
