Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Port board approves lease with Intercoast Materials for Transit Shed 3 cement terminal
Summary
The Lake Charles Harbor and Terminal District authorized a lease with Intercoast Materials to develop a bulk cement terminal at Transit Shed 3. The company said it will invest $6–8 million in a first phase and potentially $28–30 million in a second phase to expand storage and rail loading.
The Lake Charles Harbor and Terminal District voted Sept. 25 to authorize an agreement allowing Intercoast Materials to use Transit Shed 3 to develop a bulk cement terminal, the board said at its regular meeting.
Mister Veil introduced the submission describing Transit Shed 3 as a 55,000-square-foot waterfront building suited to bulk cargo. Ricardo Camacho, who identified himself as CEO of Intercoast…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
