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CN on March 1, 2021, will open a new inland distribution terminal in western Wisconsin, the Class I announced yesterday.
Located at the center of CN's network, the multipurpose facility in New Richmond will include an automotive compound for finished vehicles and an intermodal terminal to serve intermodal shippers and receivers in Minneapolis and St. Paul, Minnesota.
A new intermodal service associated with the terminal will enable shippers to better tap the large consumer market in the Twin Cities, CN officials said in a press release. It will serve a range of import and export industries, including automotive and finished consumer goods, grain, soybean and forest products.
"Customers [will] have another direct link to their Midwest markets as well as a new and efficient option for shipping export commodities to global markets," said Keith Reardon, CN's senior vice president of consumer product supply chain.
The New Richmond terminal will be a "very important asset" for the state's exporters — particularly farmers, hardwoods producers and manufacturers based in northern and western Wisconsin, said Wisconsin Transportation Secretary-designee Craig Thompson.
CN has invested $970 million in capital expenditures in Wisconsin over the past five years. The railroad employs 1,413 and operates 1,428 route miles in the state.