Cold storage logistics company creating 73 jobs in Mississippi
CORE X GULFPORT, a subsidiary of CORE X Partners, is establishing cold storage operations at the Port of Gulfport. The project is a more than $73 million investment and will create 73 jobs.
“This is another great economic win for Mississippi and our Gulf Coast,” said Gov. Tate Reeves. “We’re attracting business after business and creating thousands of jobs across our state. The collaboration between the Mississippi Development Authority, CORE X, and Port of Gulfport underscores the state’s commitment to fostering growth, creating quality employment opportunities and further establishing Mississippi as a leader in the global logistics industry. The Mississippi momentum continues.”
CORE X Partners is a leader in the global supply chain and cold storage industry. As part of a national network of full-service, cold chain operations, CORE X GULFPORT will serve food producers and manufacturers throughout the region from a new 150,000-square-foot cold storage facility. The project, which will be located two miles from the port’s main entrance, is the first investment in cold storage infrastructure since Hurricane Katrina.
CORE X Partners Co-Founder and Chief Investment Officer Tom Casey said, “We are delighted to have earned the trust of the Port of Gulfport and plan to invest over seventy million dollars to build a world-class port facility. Gulfport will be our 16th facility as our national CORE X platform continues its rapid growth.”
The Mississippi Development Authority is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX program.
Mississippi State Port Authority CEO & Executive Director Jon Nass said, “The Port of Gulfport is thrilled to begin this partnership with CORE X. We believe the addition of a modern cold storage facility offers great synergy for continued implementation of the Port’s strategic plan to fully utilize the port and 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.”