“Good things are happening at the Port of Iberia, despite the challenges of the past year. Several companies are providing products and services to the Liquid Natural Gas industry. Longtime port business, The Bayou Companies, continues to maintain a high activity level with pipe coating for various LNG plant connections. Chart Industries is busy with production of cold boxes and brazed aluminum heat exchangers for multiple LNG export terminal projects in the Louisiana Texas coast. RedGuard, an expert in design and building of blast-resistant buildings, is also busy with industrial plant work. The port’s newest tenant, Seadrill, is in the final stages of establishing a shorebase for their Western Hemisphere operations. This shorebase will maintain an inventory of parts and components for drill ships across the world. The Port of Iberia played a vital role in assisting Seadrill in their pursuit of establishing a 60 acre Foreign Trade Zone at their new shore base.
Millennium Expansion Phase III is moving forward with recent acquisition of 40 acres from Bernard Port Properties, LLC. $2.4 million in capital outlay funds have been approved by the state of Louisiana. This will provide an additional 100 acres for expansion including canal dredging to create waterfront property. With continued infrastructure improvements, the port’s intermodal footprint, skilled labor availability, and our Get-It-Done track record, there is no better place for your business than the Port of Iberia.”