Port adds another potential customer

Published: Thursday, December 19, 2013 at 09:12 AM.

Further, Thueson said the Foundation was interested in exploring the potential for shipping its wood to be turned into pellets at the Cottondale plants of Green Circle Energy, which has a Letter of Intent with the St. Joe Company to ship pellets through the Port of Port St. Joe.

The Green Circle LOI, as with the announcement from the Holland M. Ware Foundation, the first of its kind with the Port St. Joe Port Authority, is linked to the completion of channel dredging within the next 18-24 months.

Another key component of the interest from the Foundation is state commitments on improvement to the Apalachicola Northern Railroad.

A state appropriation of $5 million for improvements to the

In her letter, Thueson stated the Foundation anticipates shipping at least 1.5 million tons of rock and sand per year through the port.

“The Port Authority’s number one priority is to create jobs for the region,” Costin said. “This letter from Holland M. Ware Charitable Foundation demonstrates a growing commitment by businesses to use the port and AN Railway, helping create jobs in several counties in Northwest Florida.

“We now need to ensure the funding is secured to make the necessary infrastructure improvements so we can bring these businesses and jobs to our region.”

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