Montreal, QC — Canadian National Railway announced that it will buy 1,500 new generation, high-capacity, grain hopper cars with delivery starting in January of 2021.
These new railcars will encourage the economic recovery through job creation in the North American manufacturing sector and help CN continue to meet the growing needs of grain farmers and grain customers, according to JJ Ruest, CN's President and Chief Executive Officer.
“This investment, combined with our 2020 $2.9 billion capital investment program, will help us move more grain," Ruest said. "We are confident in the future of the grain business and its key role in CN’s long-term growth.
"By investing in the construction of these new cars, we want to help quickly stimulate the North American economy by supporting manufacturing and agriculture-related jobs.”
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