Katoen Natie Expands Norfolk, Virginia, Operations
The company will add a 450,000-square-foot warehouse, a rail yard, and expand its existing rail spur. The location allows producers of plastic resin pellets to ship bulk railcars to the warehouse where the product is packaged and loaded into intermodal containers for shipment internationally through the Port of Virginia.
“Due to its central location on the East Coast, great workforce including former military, dual rail service via Norfolk Southern and CSX, and natural deep-water, great-functioning port, we chose Norfolk for our expansion,” said Katoen Natie President Frank Vingerhoets.
The Virginia Economic Development Partnership (VEDP) worked with the City of Norfolk, the Hampton Roads Alliance, the Virginia Department of Rail and Public Transportation, and The Port of Virginia to secure the project for Virginia. Katoen Natie Norfolk is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development.
Funding and services to support Katoen Natie’s employee training activities will be provided through the Virginia Jobs Investment Program. The company is also eligible to receive benefits from the Rail Industrial Access Program through the Virginia Department of Rail and Public Transportation, subject to approval by the Commonwealth Transportation Board.
“Virginia offers the location, infrastructure, and talent to attract global companies like Katoen Natie, and we are proud of Katoen Natie Norfolk’s continued success in the Commonwealth,” noted Secretary of Commerce and Trade Caren Merrick. “The expanded warehouse and rail yard will enable the company to address current and future demand while boosting Virginia’s supply chain industry. I congratulate all the partners involved in securing this project that will create 76 new jobs for hardworking citizens of Hampton Roads. This is a strong signal of confidence in Virginia.”
Parent company Katoen Natie is an international logistics service provider and port operator.
“Katoen Natie is a key contributor to our position as a world-class transportation and logistics hub,” added Doug Smith, President and CEO of the Hampton Roads Alliance.
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