NEW ORLEANS - Paul Matthews, CEO of the Port of South Louisiana, sat down with Biz New Orleans magazine to provide input and updates on the port’s plan to purchase the Avondale Global Gateway - former Avondale Shipyard - for $445M million from the T. Parker Host company. Host bought it in 2018. PortSL’s purchase plan was announced in January. Some critics said the cost was too much, property needed too much work and PortSL shouldn’t be doing deals in the jurisdiction of the Port of New Orleans.
Matthews has been a target. A recent story said he has a “mixed record” on the staff at the Plaquemines Port Harbor & Terminal District. Despite that, the deal was blessed by the Jefferson Parish Council, Jefferson Business Council and others who view it a major economic development win.
In a series of Q&As, Matthews talks about how the deal came together, the next steps in the process and his thoughts about the critics. (Biz New Orleans 03/21/23) PortSL CEO Paul Matthews Responds to Critics, Shares Vision for Avondale - Biz New Orleans
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