(BRK.A), (BRK.B)
Berkshire Hathaway’s BNSF Railway is expanding its operations yet again, this time with the establishment of a brand-new logistic center in Gunter, Texas. Spanning an impressive 200 acres, this facility marks the railroad giant’s second logistics center in the Lone Star State.
The announcement came at a community engagement event held at Gunter’s City Hall on the 27th of June. BNSF Railway showcased its ambitious plans to attendees. Jeanelle Davis, BNSF’s executive director of public affairs, explained that the logistic center’s primary purpose is to cater to customers engaged in light manufacturing, acting as a crucial link in their supply chain.
Unlike privately owned business parks, BNSF’s logistic centers offer a distinct advantage – direct-rail service. This means that businesses located within these centers can benefit from the convenience and efficiency of having direct access to BNSF Railway’s extensive network. By investing directly in these logistics centers, BNSF demonstrates its commitment to supporting businesses and fostering economic growth.
The decision to establish a logistic center in Gunter, Texas, highlights the region’s strategic significance and its potential for future growth. BNSF Railway’s presence will undoubtedly attract businesses involved in light manufacturing, providing them with a prime location that optimizes their logistical operations.
© 2023 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell a stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.