GPA invests in Brunswick facility
Georgia Ports Authority (GPA) executive director, Curtis Foltz, has discussed an ambitious capital improvement plan for Brunswick terminals.
The GPA has spent US$46.2m on infrastructure upgrades over the last decade for the Port of Brunswick and over the next 10 years plans to invest another US$152m.
“In order to ensure efficient processing of cargo, our capacity must remain higher than current demand,” said Mr Foltz.
“We will be improving Brunswick facilities serving each of our major business sectors here, including automotive, breakbulk and bulk cargo.”
Within the plan, the GPA intends to add a fourth berth to serve roll-on roll-off cargo at Colonel’s Island Terminal. It has submitted a permit request to the US Army Corps of Engineers for the new berth and is aiming to begin construction in 2016.
Brunswick has a 10-year cumulative annual growth rate of 12.8% compared to the national growth rate average for Ro-Ro ports.
“Served by eight ocean carriers, Colonel’s Island Terminal offers three modern Ro-Ro berths and four on-terminal auto processors, handling cargo for more than 60 auto and heavy machinery manufacturers,” said GPA board vice chairman, Jimmy Allgood.
“With 696 acres in use and 641 acres permitted for expansion on Colonel’s Island, GPA can easily accommodate additional Ro-Ro business.”
The US Southeast is said to be the fastest growing consumer market for autos, and the GPA is already preparing 40 acres on the south side of Colonel’s Island to be ready for new port customers this year.