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Port of Virginia $750 million expansion could aid larger region; top exporters are Domtar, WestRock, IP

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Port of Virginia $750 million expansion could aid larger region; top exporters are Domtar, WestRock, IP

January 12, 2017 - 12:40
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ELIZABETH CITY, NC, Jan. 12, 2017 (Local News) -The Port of Virginia will be investing nearly three-quarters of a $1 billion this year to upgrade two terminals in the Hampton Roads area — a move that could eventually pay dividends for northeastern North Carolina, a port official said Wednesday.

Aaron Ouellette, an economic development specialist for the port, told members of the Albemarle Committee of 100 that the $739 million will help expand part of the Norfolk International Terminals and the Virginia International Gateway.

Ouellette was quick cite the potential positive effects for the Albemarle region.

“I think you all are sitting in a great spot as far as development and as far as getting manufacturers and distribution centers to northeastern North Carolina,” he said. “The reason is because you are in close proximity to the port."

Daily Advance - Port expansion could aid region

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