Port of Wilmington Cold Storage

Global Outlook for Agricultural Products

The fiscal 2013 export forecast for livestock, poultry, and dairy is raised $300 million to a record $30.1 billion, with gains in poultry and beef outweighing reductions I pork.
Expansion in the Japanese market and strong demand in other major markets offsets restrictions by Russia. Poultry exports are forecast up $200 million, bolstered by rising global demand and higher unit values.
Pork exports are lowered $200 million mostly on lower unit values and smaller volumes although Russia’s import ban is expected to result in redirected shipments to other markets
The whole and processed tree nut forecast remains at $7.0 billion, on the […]

Port of Wilmington NC features Cold Storage Facility

The North Carolina Ports featured an article about the USA InvestCo Cold Storage Facility on their website news section. The article discusses the partnership between the NC Ports Authority and USA InvestCo and the recent approval of lease terms by the North Carolina Council of State. It also includes thoughts from State Transportation Secretary Anthony J. Tata, NC Agriculture Commissioner Steve Troxler, and Ports Authority Acting Executive Director Jeff Miles.

You can read the full article on the NC Ports Authority website.

NC Department of Agriculture Blog features Port of Wilmington Cold Storage

USA InvestCo’s Port of Wilmington Cold Storage project was featured on the NC Department of Agriculture Blog. “North Carolina exports more than $3 billion worth of agricultural products each year,” said Agriculture Commissioner Steve Troxler. “Upgrades to the Port at Wilmington will help our farmers and agribusinesses boost that number even higher. The cold storage facility is a vital piece of infrastructure that our producers have needed for a long time, and I’m happy that a public-private partnership will be able to make it a reality.”

You can read the full article on the In The Field blog.

Governor Pat McCrory discusses the Port of Wilmington Cold Storage

Governor Pat McCrory delivered his State of the State Address this week, and highlighted the Port of Wilmington Cold Storage Project. McCrory went on to say:

“Now let me tell you about one of North Carolina’s other great strengths, and that’s our export potential. When I go overseas on trade missions as your governor, my number one priority will be expanding the exports of products which say ‘Made in North Carolina’.

The export of North Carolina products, especially our incredible agricultural products, is crucial in the rebuilding of our economy. To help achieve this goal, under the leadership of our Agricultural Commissioner, […]

Cold Storage Facility on Wilmington Port

The State has decided to move forward with a partnership with USA InvestCo to construct a cold storage facility on the Port of Wilmington, North Carolina. USA InvestCo is currently working on plans to build the 75,000 square foot refrigerated warehouse facility with an initial construction cost of roughly $13 Million.

Click here to read the full article on the Star News website.

USA InvestCo partners with State to Create Cold Storage Facility

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 […]