Zoe Richmond, Union Pacific’s Director Public Affairs, Arizona & New Mexico Corporate Relations, sponsored a breakfast for MVEDA Partners and updated them on the status of the new terminal planned for Strauss (Santa Teresa), New Mexico. The $150M terminal expansion was announced by Union Pacific CEO Jim Young and New Mexico Governor Bill Richardson in October, 2006.
Zoe Richmond
Richmond’s presentation noted that Union Pacific has invested more that $1 billion in projects along the Sunset Corridor which runs from Los Angeles through El Paso. She pointed out that Union Pacific now owns 2,219 acres of land surrounding the Strauss terminal location. The land was acquired by trading an $11 million ranch in central New Mexico to the State Land Office. The timeline for the start of construction has been delayed due to the economic downturn.
