Port Of Tampa Announces $75 Million Recycling Facility

In an agreement with NexLube Tampa LLC, the Tampa Port Authority announced its plans to build a $75 million recycling facility at the Port of Tampa.

An additional 100 direct and indirect jobs will be created when the project is finished. The facility will process recycled oil that will be used to produce lubricants, diesel and asphalt.

The Port of Tampa expects $10 million in revenue will be generated when the new addition is fully operational.

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