A railway company plans to invest up to $93 million to build a facility in Wayland, New York, the Hornell Evening Tribune reports.

The investment figure — up to $93 million — represents the concrete scale of the project, which would see construction of a new facility in the Steuben County town. Wayland sits in a region with established rail infrastructure, including lines connecting the Hornell area to broader freight networks in western New York.

Details reported so far focus on the investment amount and the location. The company has not yet publicly specified the facility's exact function, its expected workforce, or a construction timeline, according to the report. Local officials in Wayland, a town of roughly 4,000 residents about 15 miles north of Hornell, would need to approve any zoning, permitting or tax-incentive arrangements before ground is broken.

An investment of this size would rank among the larger rail-related capital projects in the region in recent years. For comparison purposes, regional rail investments of similar magnitude typically involve maintenance depots, transload terminals or industrial-track expansions serving manufacturing and agribusiness shippers. The specific operational purpose of the Wayland facility remains to be confirmed by the company.

The announcement comes as rail operators and suppliers continue to direct capital toward infrastructure in upstate New York, where freight traffic serving manufacturing, agriculture and energy customers underpins demand for terminal and maintenance capacity.

Further details — including the identity of the company behind the investment, the facility's intended function, projected employment figures and construction dates — are expected to emerge as the project moves through local review. The Hornell Evening Tribune's report indicates the investment could reach $93 million, positioning Wayland as the site of one of the larger rail-sector facility investments in the western Southern Tier.