UP's $400M project in N.M. creates domino effect in industrial development

07/22/2013 | El Paso Inc. (Texas)

The new Union Pacific $400 million rail yard in Santa Teresa, N.M., is bringing a wave of industrial development to the region. The 2,200-acre facility is one of the factors that led two new industrial facilities to locate in the area. About 3,600 jobs are expected to result from the UP yard, and this has prompted the local housing industry to plan for an increase in housing demand.

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El Paso Inc. (Texas)

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