Tampa invests in future expansion
26 Jan 2012
Tampa Port Authority is to purchase 110 acres of land near its Port Redwing facilities to enable expansion of the port’s footprint.
The land – with a $9.2m price tag - will be developed to enhance cargo terminals and distribution, cargo generating industries and port services.
“The decision to purchase this industrial site is a very significant benchmark following our firm commitment to build this port and underscores our strategic focus,” Richard Wainio, port director and chief executive, said.
“We are a unique port in this regard, as we are able to grow in size as well as in our diverse portfolio, maintaining solvency in this economic downturn, and our position as the region’s largest economic engine.”
