Tweet

Jan 9, 2008 9:51 AM

A&R Logistics, Morris IL, has announced the acquisition of the 64-acre NOVA Chemicals plant site in Chesapeake VA.

In addition to a 45,000-square-foot plastic-compounding operation with production capacity of 110 million pounds annually, the site has a 70,000-square-foot warehouse and packaging facility in conjunction with a 65-car on-site rail yard and 15 million pounds of available silo storage. The facility offers easy port access and is serviced by multiple rail providers.

“The property offers us a unique opportunity to add more value to the current scope of services we provide to our customers,” said Jim Bedeker, chief executive officer. “The rail and port access combined with a facility infrastructure specific to the dry bulk business just doesn’t get any better than this.”

“While the facility will no longer be manufacturing polystyrene resin, we intend to begin ramping up the compounding, rail and silo operations as quickly as possible,” said Jeff O’Connor, president of A&R Logistics. “We are excited about the growth potential this facility offers us as well as increasing our presence in what we believe is one of the premier port facilities on the eastern seaboard.”