Deal to ship lumber to China from Port of Richmond means revenue for city

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The Port of Richmond has entered into a new agreement to ship California lumber to China that is expected to generate up to $1.5 million annually in revenue for the city over 10 years, among other benefits, the Contra Costa Times reported Wednesday.

The 10-year lease with Fullerton-based RJ Resource Management will fill about 12.5 acres of an underused site at Terminal 3, Port Director Jim Matzorkis told the Times.

For more info, check out the Times’ report here.

 

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