Union Pacific will invest $51.5 million into Wyoming's railroad infrastructure this year

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CHEYENNE, Wyoming — Union Pacific says it will invest $51.5 million into Wyoming's railroad infrastructure this year.

The company says $48 million will be spent directly on improving railroad tracks. The rest of the money will go into signal systems and bridges.

The money is part of a regular investment into the company's railways.

Union Pacific has spent $430 million in Wyoming between 2010 and 2014.

UP spokesman Mark Davis says the investment in infrastructure improves safety and helps prevent derailments.

Davis says over the last 10 years, derailments have decreased 38 percent.

Derailments of Union Pacific trains in Wyoming have fallen from 27 in 2008 to just seven in 2014.

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