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PRESS RELEASE
1350 Port of New Orleans Place New Orleans, LA 70130
T: 504.522.2551 F:504.524.4156
WWW.PORTNO.COM
@PortNOLA
NewOrleansPort
Monday, May 14, 2014 Gary Perilloux Louisiana Economic Development (225) 342-3437 Matt Gresham Port of New Orleans (504) 528-3255
Chiquita Announces Company Will Return Its
Shipping Operations To Port Of New Orleans After
Four-Decade Hiatus
Chiquita Brands represents Port of New Orleans’ biggest container shipping win with a
project that will increase container volume by roughly 15 percent and create 270 to 350 new
jobs in New Orleans
NEW ORLEANS — Today, Gov. Bobby Jindal joined Chiquita Brands International Inc. Senior
Vice President Mario Pacheco to announce the company will relocate its shipping operations
from the Port of Gulfport in Mississippi to the Port of New Orleans. Chiquita plans to ship
60,000 to 78,000 twenty-foot-equivalent units, or TEUs, per year at the Port of New Orleans,
representing a roughly 15 percent increase in current container volumes there.
Chiquita’s shipping operations will return to New Orleans after a nearly 40-year hiatus. The
company, known as United Brands in the 1970s, relocated its shipping operations from the Port
of New Orleans to the Port of Gulfport in the mid-1970s after more than seven decades of calling
at the Port of New Orleans. An LSU economic impact study suggests the project will result in
approximately 270 to 350 new permanent jobs in New Orleans – based upon the range of TEUs
shipped – as well as an increase in total economic output of $373 million to $485 million over
the next 10 years.
Gov. Jindal said, “This is a huge, historic win for the Port of New Orleans and for trade in our
state. We are excited to welcome back Chiquita after a nearly 40-year hiatus. Since day one, we
have made economic development our top priority, and a big part of that has been investing in
our ports to cultivate job-creating projects in Louisiana. In fact, since 2008, we’ve invested
hundreds of millions in port infrastructure and port-related economic-development projects all
across Louisiana. These efforts, combined with our progress in improving our state’s business
climate, have led to record-high employment levels in Louisiana and the lowest unemployment
rate in the South. Today’s announcement further solidifies Louisiana’s position as one of the top
states for international commerce in the U.S.”
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1350 Port of New Orleans Place New Orleans, LA 70130
T: 504.522.2551 F:504.524.4156
Chiquita plans to ship 30,000 to 39,000 TEUs of bananas and other fresh fruit into the Port of
New Orleans, as well as 30,000 to 39,000 TEUs of various outbound cargos. Company
shipments in New Orleans are expected to begin by the first quarter of 2015.
“We at Chiquita are thrilled to return to the port and the great city of New Orleans as we
implement a new shipping configuration,” said Pacheco, who supervises the company’s global
logistics. “We are particularly excited about the enhanced service levels to our Chiquita and
Great White Fleet customers that will result from this change in our shipping operations and
expanded vessel capacity. We have valued our partnership with the Port of Gulfport and thank
them for many years of great service. This was a clear business decision for us surrounding our
new shipping configuration rather than any dissatisfaction with the strong and economically
competitive team we have had at Gulfport.”
The project will strengthen both the state’s and the New Orleans port’s ties to Central America.
It will result in improved ocean transportation to those countries, and it helps further establish
New Orleans as one of the premier ports for handling temperature-sensitive cargo. Additionally,
the new ocean service will benefit shippers looking to export more cargo to Central America.
At the announcement event, Gov. Jindal and Pacheco were joined by Port of New Orleans
President and CEO Gary LaGrange, New Orleans Mayor Mitch Landrieu, Greater New Orleans
Inc. President and CEO Michael Hecht, Chiquita Senior Vice President (for North America
Bananas) Chris Dugan and state Rep. Walt Leger. The Port of New Orleans has been cultivating
a relationship with Chiquita over the past decade.
“In many, many ways this is a great and historic moment for the Port of New Orleans, City of
New Orleans and the State of Louisiana,” LaGrange said. “The opportunity to bring home the
leader of industry in the early to mid-part of last century is absolutely fantastic. This
announcement is a great coup for everyone in the greater New Orleans area and Louisiana in
general.”
“This is truly a great day for our state, and the Louisiana Board of International Commerce is
proud to welcome Chiquita back to our community,” said Chairman Greg Rusovich of the
Louisiana Board of International Commerce. “Louisiana is laser-focused on being the U.S.
leader in global trade and job creation. Our region and state have the hot hand, and this
announcement is a further testament to the strong partnership emerging between this world-class
company and our economic and global trade leaders.”
To secure the project, the State of Louisiana will provide Chiquita a performance-based incentive
of $18.55 per TEU (total value of $1.11 million to 1.45 million annually) to offset increased
shipping and handling costs at the Port of New Orleans, and will invest $2.2 million in a port-
owned distribution/ripening facility to be leased to Chiquita. The Port of New Orleans will invest
$2.0 million for refrigerated-container electrical infrastructure and rehabilitation of a container
freight warehouse to accommodate the project.
-More-
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1350 Port of New Orleans Place New Orleans, LA 70130
T: 504.522.2551 F:504.524.4156
“New Orleans is on a roll and the Chiquita Brands investment is yet another example of the
continued growth across industries in our city,” Landrieu said. “With the creation of hundreds of
new permanent jobs, Chiquita will create major opportunities for our citizens and continue to
turbocharge the Port of New Orleans. I am very pleased to welcome Chiquita back.”
“Greater New Orleans Inc. is proud to be part of the team that has helped bring Chiquita Brands
International back to New Orleans after 40 years,” Hecht said. “Chiquita’s return is a double-win
for the region. First, we are gaining up to 350 new jobs and a major increase in containerized
cargo. But even more importantly, Chiquita’s return to New Orleans heralds a broader, deeply
important trend – the best people and companies are coming home.”
About Chiquita
Chiquita Brands International Inc. (NYSE: CQB) is a leading international marketer and
distributor of nutritious, high-quality fresh and value-added food products – from energy-rich
bananas, blends of convenient green salads and other fruits to healthy snacking products. The
company markets its healthy, fresh products under the Chiquita® and Fresh Express
® premium
brands and other related trademarks. With annual revenue of more than $3 billion, Chiquita
employs approximately 20,000 people and has operations in nearly 70 countries worldwide. For
more information, visit Chiquita.com.
-End-