WILMINGTON, NC (WECT)—About 100 jobs and over $15 million could be coming to the Port of Wilmington.
USA InvestCo plans to open a new cold storage facility at the Port of Wilmington. Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced this news Tuesday.
The Port of Wilmington Cold Storage facility (PWCS) will store locally produced pork, poultry, fruits and vegetables.
Currently, the company plans to build a 75,000 square foot facility, but they could eventually expand it to 300,000 square feet in accordance with demand.
"North Carolina and the Greater Wilmington region have become a very desirable site for companies to locate and expand their operations," Governor McCrory said. "With the need for secure, cold storage growing throughout North Carolina, we welcome USA InvestCo's investment."
USA InvestCo works in both real estate development and management. According to its website, it funds various projects by securing investments from immigrants who wish to speed up the process of receiving a green card for themselves and their family.
"We're delighted about USA InvestCo joining the ranks of companies expanding and developing in North Carolina," said NC Secretary of Commerce Sharon Decker. "This major project will be a great asset for local and state companies that need cold storage facilities to ship their products from Wilmington's port."
This will be the only cold storage facility located on a port in the entire state of North Carolina.
Charles McCarthy will lead the operation for PWCS. He has worked in the cold storage industry since 1984—founding, purchasing, managing, and operating cold storage facilities throughout his 28 years.
USA InvestCo received assistance through a grant provided by the Golden LEAF Foundation to the NC Southeast Regional Economic Development Partnership to fund equipment needed for the proposed cold storage facility at the Port of Wilmington.
The Port of Wilmington Cold Storage facility is a public-private venture in North Carolina. This project was conceived through a partnership with state agencies within North Carolina as a catalyst for future North Carolina economic development.
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