Transportation Consultants Inc. Begins Second Phase of Port of New Orleans Expansion
07/22/2010
"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.
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