Fortress Transportation and Infrastructure Investors, a publicly traded company (NYSE:FTAI), owns and operates high quality infrastructure and equipment. FTAI is expanding the storage and pipeline connectivity capacity at Jefferson Terminal, its crude oil and refined products logistics facility located at the Port of Beaumont, Texas. Jefferson Terminal is strategically located at the Port of Beaumont in the heart of the Gulf Coast, the largest market in the United States for crude oil and petroleum products, containing over 50% of the country’s refining capacity. The facility sits on a 250-acre site on the east bank of the Neches River ship channel at the Port of Beaumont – the fifth busiest port by cargo volume in the U.S. Connected by rail, marine, highway and pipelines, Jefferson Terminal is an essential component in the supply chain for some of North America’s largest producers and refineries. Jefferson’s expansion will strengthen Jefferson Terminal’s position with its key customers and put them in a strong position to capture the growth across crude and petroleum exports and storage.
