Port of Longview makes land deal with Canadian company
The Port of Longview board of commissioners Friday approved the sale of 35 acres of industrial property in the port's West Industrial Park to R & R Trading Inc. of Delta, British Columbia, for $2.16 million.
R & R also has a three-year option to purchase an additional 15 acres at the industrial park. The company has been a tenant at the port since 2001 through their subsidiary North American Pipe & Steel, which operates a steel distribution center on six acres.
As part of the property purchase, the port retains a right of first refusal to purchase the property back from R & R in the case of a future sale. The same agreement was made with Simpson Timber Co. in December, when Simpson purchased 35 acres of the port's West Industrial Park property for a future lumber mill.