A leader in the global supply chain and cold storage industry will invest more than $73 million to establish cold-storage operations at the Port of Gulfport — the first of its kind since Hurricane Katrina.
Mississippi Development Authority (MDA) Executive Director Bill Cork said CORE X GULFPORT’s investment shows the advantages of conducting business in Mississippi, notably its direct access to the Gulf of Mexico.
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“The deep-water port enables the quick delivery of goods to international markets, and CORE X GULFPORT is the latest to join a growing list of companies seeking to optimize operations and stay ahead of shifts in the global supply chain,” Cork said.
CORE X GULFPORT, a subsidiary of CORE X Partners, expects the project to create 73 jobs in Mississippi, according to MDA, and will operate from a 150,000-square-foot facility positioned 2 miles from the port’s main entrance.
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Mississippi State Port Authority CEO & Executive Director Jon Nass said the CORE X GULFPORT’s addition offers “great synergy” for the Port’s plan to create more high-paying jobs on the coast.
“This not only brings elevated economic growth to the region but also supplements the port with a tremendous asset that enhances our ability to attract business locally and internationally while building on our strength as a perishable cargo port,” Nass said.
The company plans to break ground by the end of 2024 and employ 48 people in its first year.
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.
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