The North Carolina Department of Transportation released an article about USA InvestCo’s intention to construct a refrigerated warehouse facility on the Port of Wilmington. The North Carolina Council of State voted (9 to 1) to approve a lease that gives the go-ahead to a public-private partnership seeking to construct a cold storage facility at the Port of Wilmington.
The partnership between the North Carolina State Ports Authority and USA Investco is expected to create a state-of-the-art cold storage facility for near-vessel storage of fruits and vegetables, meat and other agriculture products, both imports and exports. This project is contingent upon the award of state and local incentives. Plans call for a 75,000-square-foot facility, expandable to 300,000-square-feet, at an initial investment of $13 million. The project would create 110 new jobs while supporting the state’s number one industry: agriculture.