Deal advances $1.6 Billion Port steel mill;
build-out brings 500 new jobs to Brownsville
The Brownsville Navigation District Board of Commissioners – the governing body for the Port of Brownsville – has signed an option agreement covering up to 800 acres of property with Big River Steel LLC enabling the steel-maker to continue its due diligence pursuant to the company’s interest in developing a LEED-certified steel manufacturing plant, storage and distribution facility. The plant would cost more than $1.6 billion to construct.
"This is good news for Brownsville and the result of hard work by many individuals and organizations over a long period of time. Our rail partner OmniTRAX played an important role in introducing this opportunity to the port," stated John Wood, Chairman of the BND. "We are excited about this step forward and remain confident the venture will be beneficial for all parties, for Brownsville and the Rio Grande Valley."