First of five major connections in EJ&E integration program
CHICAGO, Dec. 20 /PRNewswire/ - CN (TSX: CNR)(NYSE: CNI) has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements along CN routes in the greater Chicago area.
The new $5-million connection at Griffith, Ind., creates an efficient, direct route for CN freight trains moving between Kirk Yard in Gary, Ind., and points farther east on the Company's rail network.
CN, which completed its purchase of the EJ&E on Jan. 31, 2009, is investing more than $100 million in infrastructure improvements to integrate the EJ&E into its other lines in Chicago.
The integration also includes building new rail connections at Mundelein, Ill., Bartlett, Ill., Joliet, Ill., and Matteson, Ill. Engineering or construction work is now underway on the balance of the connection projects.
Jim Vena, CN senior vice-president, Southern Region, said: "CN is pleased to have reached this milestone and finished the first major EJ&E connection project. This connection is a significant step toward our goal of fully utilizing the EJ&E and providing improved rail fluidity in Chicago."
The Griffith connection project, started in late 2009, was completed Nov. 19, 2010. Three trains per day operate over the new connection, which links CN's South Bend Subdivision with the Matteson Subdivision leading to Kirk Yard.
Certain information included in this news release constitutes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws. CN cautions that, by their nature, these forward-looking statements involve risks, uncertainties and assumptions. The Company 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.
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CN - Canadian National Railway Company and its operating railway subsidiaries - spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca.