JAXPORT will receive $16 million in August when the contract commences and then $6 million in August 2020 and 2021, said Beth McCague, the port’s CFO. The upfront payment also gives SSA the exclusive use of three ZMPC cranes currently on Blount Island, she said.
“We wouldn’t be in this port if we didn’t have the long-term belief that Jacksonville’s day is coming,” said Mark Knudsen, president of SSA Marine.
SSA Marine, which currently operates on about 50 acres on Blount Island, will have its space expanded to 80 acres, with an option to expand to 120 if space becomes available.
The deal also is expected to create more than 3,000 jobs during its duration.
“Just like the movie ‘Field of Dreams,’ build it and it will come; dredge it and it will come. Today we see the mission coming to fruition,” said Vince Cameron, president of ILA Local 1408. “We know that we have made another significant move that’s going to put us in the Super Bowl of commerce. This equates to jobs. More boxes equal more jobs.”