Gov. Rick Scott & Community Leaders to Celebrate Grand Opening of Keystone Terminals | Business

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Gov. Rick Scott & Community Leaders to Celebrate Grand Opening of Keystone Terminals
Business, Politics

The Jacksonville Regional Chamber of Commerce and its economic development arm, Cornerstone, will join Gov. Rick Scott, newly elected Mayor Alvin Brown and community leaders to celebrate the grand opening of the recently constructed, world-class Keystone Port Terminals and welcome Vulcan Materials Company on Wednesday, July 6.

Keystone completed construction of the $100 million port terminal with an additional $50 million planned capital investment for future phased projects. Keystone and Vulcan recently finalized a 20-year agreement. 

“We are pleased to welcome our first customer and honored to play a role in the creation of new jobs and economic growth in Northeast Florida,” said Tom Scholl, owner of Keystone Port Terminals. “This is one of many planned projects to provide the infrastructure to help support future imports and exports.”

Located on the north end of Talleyrand Boulevard in Jacksonville, the Keystone Terminals have the potential to create up to 200 new jobs as coal and additional commodities are handled. Vulcan will occupy approximately 10 of the more than 100-acre site.

“The Keystone Terminals create new international trade and jobs for our region,” said Jerry Mallot, president of Cornerstone. “We are thrilled to welcome Vulcan’s business and celebrate Keystone’s $100 million capital investment in our community.”

Shipping aggregates through the terminal, Vulcan will transport limestone from its quarry on the Yucatan Peninsula using Panamax-class, self-unloading ships.

“This is a strategic location for Vulcan to efficiently supply aggregates to all parts of Jacksonville due to its central location and easy access to I-95 and I-10,” said Scott McCaleb, Vulcan’s Florida Rock Division vice president. “Vulcan will sell limestone and granite from the Keystone Terminal with sales revenues anticipated to exceed $20 million per year.”

The terminal will also receive coal and aggregate shipments by rail and has one of the fastest ship unloading systems in the world.

Vulcan Materials Company acquired Jacksonville-based Florida Rock Industries Inc. in November 2007. Vulcan’s Florida Rock Division is one of Florida’s largest producers of construction aggregates, sand, ready-mixed concrete and cement.

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