Keystone Could Ignite Industrial Expansion

[Ocklawaha]

Here is a little piece in the Financial News and Daily Record, apparently it slipped under the radar but this is BIG for the industrial sector of the southeast and for Jaxport. Basically a bulk transfer facility functions like a well planned (note I didn't say the JRTC) intermodal passenger terminal except that it is for all types of cargo, bulk, liquids, aggregate etc. Keystone placing this terminal on the shipping channel with on dock rail and a truck trans loading facility will be a major impetus in expanding our manufacturing base. Something as simple as a large load of plastic pellets could spell hundreds of jobs making pipe, sprinklers etc... I don't think even the FN&DR has a clue as to where this could lead. VERY positive news.

Keystone ILC receives $1.4M state grant
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Tuesday, August 20, 10:01 AM EDT

from staff

The $4.5 million Keystone ILC Terminal project will receive a $1.4 million grant from the Florida Department of Transportation, Gov. Rick Scott announced Monday.
The award is one of the first four Intermodal Logistics Center Infrastructure Support Program grants, a program that provides an annual $5 million allocation with a 50 percent matching fund requirement from applicants.

Keystone ILC requested funding to construct 2,100 of new rail, an on-site intermodal bulk transloading facility to transfer bulk and break-bulk commodities between ship, rail and

truck and will transloading containers for express shipment though the Jacksonville Port Authority.

"Our new rail and intermodal cargo transfer and intermodal cargo transfer facility will provide Jacksonville access to new world markets and new job opportunities for Floridians," Keystone Properties owner Tom Scholl said in a news release...

To read more/SOURCE:http://www.jaxdailyrecord.com/showstory.php?Story_id=540291