Las Cruces – Union Pacific has twice delayed plans to build a giant rail complex in New Mexico's Dona Ana County. But it looks like the company may move forward with the project this year.
A Union Pacific official has told a panel of New Mexico legislators that the company is ready to invest more than $400 million in the state.
Gov. Susana Martinez says the deal is contingent on the Legislature eliminating New Mexico's tax on locomotive fuel.
A bill supported by Martinez cleared the House Transportation and Public Works Committee in less than five minutes Thursday.
Richmond says Union Pacific's expansion would create nearly 3,000 jobs during construction and approximately 600 full-time jobs.
The Deming Headlight says work on the $418 million complex would begin this year and continue through 2014.
Information from: Headlight, http://www.demingheadlight.com
Copyright 2011 The Associated Press.