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Corpus Christi Port Commissioners Sign Lease Agreement with Austrian Steel Producer

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Corpus Christi Port Commissioners joined representatives of voestalpine Texas Holdings, LLC in signing a lease agreement for part of the La Quinta Trade Gateway at a special commission meeting on April 30.

Headquartered in Linz, Austria, the voestalpine group manufactures, processes and develops high-quality steel products used by the automotive and domestic appliance industries in Europe and the oil and gas industries worldwide.

The company is leasing approximately 475 acres of upland property and about 11 acres of submerged land for an initial term of 50 years with two 15-year options. It will construct a Hot Briquetted Iron (HBI) plant and a 1,060-foot long high-performance dock, capable of unloading iron ore pellets and loading HBI. 
 

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