Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Transportation Consultants Inc. Begins Second Phase of Port of New Orleans Expansion

07/22/2010
Transportation Consultants Inc. is expanding at the Port of New Orleans. The company will continue into the second phase of growth with a $3.2 million capital investment. The project will create 60 jobs.

"This project is about investing in our port industry in New Orleans," said TCI Founder and CEO Jack Jensen. "The $13.6 million [total] investment will keep TCI and its 120 jobs in New Orleans for a long time to come. Without the Port of New Orleans, the New Orleans Public Belt Railroad, Entergy, the Mayor, and Governor [Bobby] Jindal's commitment to this project, we could not collectively increase international container traffic at the Port."

Louisiana Economic Development has extended $500,000 from the Enterprise Zone Program and $400,000 from the Economic Development Loan Program. Those funds will help TCI construct a rail spur that connects to the New Orleans Public Belt Railroad.

Follow Area Development

Share