Union Pacific Railroad Signs Seven-Year Contract with Rocky Mountain Steel
Union Pacific Railroad and Rocky Mountain Steel Mills announced they have reached a new, seven-year contract for the domestic production of steel rails. Rocky Mountain Steel, located in Pueblo, Colorado, is the only remaining dedicated rail production facility in the United States and one of the largest producers of steel products in North America. Steel made for Union Pacific, and all Rocky Mountain Steel customers is produced by members of the United Steelworkers. Rocky Mountain Steel expects to begin operations this year at a new, state-of-the-art long rail mill, constructed with a more than $1B investment in domestic steel production.