Governor Andy Beshear announced on Thursday a $7.5 million state investment for eight railway projects across Kentucky, including one in Princeton, aimed at maintaining and enhancing existing infrastructure.
He said these projects were chosen to retain and attract new businesses, bringing more economic opportunities for Kentuckians.
click to download audioPaducah and Louisville (P&L) Railway was awarded $2 million for the Renewal of Princeton Yard Tracks Project. This initiative will involve replacing the switching ladders on both the North and South ends of the Princeton yard with modern self-guarded turnouts. It will also reconnect Tracks 9, 10, and 11 to the ladders and reestablish track access through the existing maintenance-of-way shop building. The project will also eliminate and replace several old turnouts, retired fasteners, outdated rails, and ties in poor condition. Additionally, it will address and replace fouled ballast and implement other measures to improve inadequate drainage throughout the yard.
Governor Beshear stated that the funding is sourced from the Kentucky Short Line Infrastructure Preservation Program, an initiative he was proud to include in this year’s state budget approved by the General Assembly, which allocated the necessary funds for the program.