March 15 - Steel manufacturer voestalpine Group has become anchor tenant at La Quinta Trade Gateway, Port Corpus Christi, Texas, USA.
Linz, Austria headquartered voestalpine Group operates worldwide and manufactures, processes and develops high-quality steel products.
It has selected Port Corpus Christi for the development of a direct reduction facility - where it will manufacture "sponge iron". It has proposed USD700 million of investment for the new plant and will generate 150 full-time jobs in the region.
Mike Carrell, chairman of the Pacific coast gateway commented, "Their operation will drive import and export cargo through the Port of Corpus Christi."