CN (CNI) announced its plans to invest approximately $170M in Illinois, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes investments towards the construction of the Chicago Logistics Hub and projects to upgrade technology and training facilities at CN’s Homewood Campus, as well as network improvements. “We believe that investing in our network is about building for the future. Our continued infrastructure investment in Illinois 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,” said Tracy Robinson, President, and CEO of CN
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNI:
- CN price target raised to C$165 from C$160 at Scotiabank
- CN Launches C$1 Billion Debt Offering for Strategic Growth
- CN to invest C$80M in Atlantic Canada to build capacity
- Canadian National Railway: Strong Growth Potential Driven by Prince Rupert Gateway and Operational Improvements
- CN to invest C$290M in Saskatchewan to build capacity, sustainable growth