Jun 3, 2015
No comments

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.



About the Author

Mike Aldax is the editor of the Richmond Standard. He has 13 years of journalism experience, most recently as a reporter for the San Francisco Examiner. He previously held roles as reporter and editor at Bay City News, Napa Valley Register, Garden Island Newspaper in Kaua’i, and the Queens Courier in New York City.