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Iron County inland port reports rail and tenant growth; officials outline tax-increment reinvestment plan
Summary
Port officials said transload facilities have processed about 620 railcars and more than 100 million pounds of material; Hive Plastics will open next month with phased hiring; port staff outlined tax-increment mechanics to fund infrastructure and potential incentives tied to capital investment.
Danny Stewart, representing the Iron Springs Inland Port, updated the Iron County Commission on progress at the inland port project area and described operations, rail activity and early tenant commitments at the county meeting.
Stewart said the port’s transload facilities (RailSync and Savage) have processed roughly 620 railcars and over 100 million pounds of steel and lumber; RailSync reported more than 109 million pounds as of the morning of the presentation. He described the Hive Plastics tenant — a 23,000-square-foot…
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