Port City Logistics will invest $16 million in Wilmington

Port City Logistics is expanding their operations in the Wilmington area through an investment of $16 million. Moreover, this latest investment from Georgia based logistics company will create 75 new jobs in the area.

150,000 square foot warehouse facility

Savannah-based Port City Logistics is a full-service logistics company which provides wide range of services to a diversified customer base. These include warehouse distribution, drayage, brokered transportation solutions and over-the-road trucking. Furthermore, the Port City Logistics operates through a network of 14 distribution centers. In addition, the company is now planning to build a $16 million warehouse facility near the port of Wilmington. The high velocity facility will spread across 150,000 square foot of space. Moreover, N.C. Council of State has already approved the property’s transaction. “We are delighted to welcome Port City Logistics to New Hanover County, North Carolina. “When companies are ready to connect with global markets, they are drawn to our state because of our workforce, excellent transportation network, and attractive quality of life.” North Carolina Governor Roy Cooper said in his statement.

75 new jobs

Wilmington’s transload cross-dock warehouse facility is likely to add multiple employment opportunities for residents. So far the company has announced to create at least 75 new positions. Moreover, Port City Logistics announced that they will offer an average salary of $64,833. The average annual salary of New Hanover County is $53,421. Hence, the proposed salary of Port City Logistics in more than $10,000 higher than the County’s average salary.

One North Carolina Fund’s grant

Furthermore, One North Carolina Fund approved $112,000 performance based grant which will help in expansion across North Carolina. However, the company must meet capital investment and job creation targets to qualify for the payment. Wilmington will give the company approximately $45,000 over a period of five years. Moreover, New Hanover County will grant $67,500 over five years. “We are always looking for ways to pursue excellence and create innovative supply chain solutions and by spending time with the teams at NC Ports and Wilmington Business Development, we saw great alignment and knew Wilmington was where we needed to be.” Eric Howell, CEO of Port City Logistics stated in his press release.

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