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Inland-port authority reports early industrial activity, seeks infrastructure payback from tax increment
Summary
Port official Danny Stewart updated the commission on operations at Iron Springs Inland Port, including operational transload facilities, processed railcars, a Hive Plastics tenant coming online, and how tax-increment financing would return most new valuation to local infrastructure over time.
Danny Stewart (S6) briefed the Iron County Commission on recent inland-port developments and recruitment activity.
Stewart said the Iron Springs project area—created in April 2023—now includes several industrial parcels and two operational transload facilities (RailSync and Savage). He reported more than 600 railcars processed to date and stated RailSync numbers show over 100 million pounds of steel and lumber have…
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