Hilco Global Appraisal, Acquisition, and Liquidation News

Read about Hilco Global’s latest business transactions, executive leadership changes, and other company news.

National Economic Council Visits Tradepoint Atlantic in Historic Event

Mar 08, 2016
Event held at Tradepoint Atlantic, highlights transformation of former industrial site to East Coast port and logistics center poised to drive trade, commerce, and jobs to region

Secretary of Commerce Penny Pritzker, Secretary of Labor Thomas Perez, Secretary of Transportation Anthony Foxx Visited Tradepoint Atlantic, Highlight the Importance of Ports, Infrastructure in Trade and Development at Tradepoint Atlantic for National Economic Counci

Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore, Maryland, that features a unique combination of access to deepwater berths, railroads and highways, yesterday hosted Secretary of Commerce Penny Pritzker, Secretary of Labor Thomas Perez, and Secretary of Transportation Anthony Foxx for a White House-led roundtable highlighting the important role ports play in the national economy and highlighting the job creation potential of sites like Tradepoint Atlantic.

Each of the cabinet secretaries, as well as many other officials and leaders of industry, toured the land best known historically for housing the Bethlehem Steel manufacturing plant that once served as a linchpin for the Maryland economy, and is today charting a course toward becoming a state-of-the-art crossroad on the East Coast for supply chain logistics, transportation, distribution and manufacturing operations.

Through the vision of investors Redwood Capital Investments and Hilco Global, coupled with the cooperation of Maryland’s government as well as a host of federal agencies, Tradepoint Atlantic is poised today for growth that will be mutually beneficial for all, driving jobs and opportunities, and serving as a model for interconnected trade and transportation infrastructure to meet the needs of today’s economy.

“As we continue to realize our vast potential in the global transportation and logistics space, the continued and ongoing support of both the state and federal governments is absolutely vital,” said Michael Moore, CEO of Tradepoint Atlantic. “We feel the timing is appropriate for our government leaders to highlight the opportunities brought by projects such as ours, and the role U.S. ports play in economic growth, job creation and transportation development.  We look forward to further implementing our growth strategy and driving jobs to the Baltimore region as the largest privately-owned waterfront logistics and manufacturing multi-modal site in North America."