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State approves lease for new Port of Wilmington facility

The Council of State on Tuesday gave approval for the construction of a cold storage facility at the Port of Wilmington.

The council approved a lease that will allow the North Carolina State Ports Authority and USA Investco to enter a public-private partnership to construct the facility.

The project, which will require an initial investment of $13 million, is contingent upon state and local incentives.

Plans call for a 75,000-square-foot facility, which could later be expanded to 300,000 square feet. The facility is expected to create 110 jobs.

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