Tanco Terminals announces investment at Burns Harbor port
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
One of the Ports of Indiana-Burns Harbor’s longest tenants is making a major upgrade to its operations on Lake Michigan.
Tanco Terminals on Tuesday announced it’s building an $8.2 million expansion of its liquid tank farm at Burns Harbor.
The new expansion will see Tanco add a three storage tanks—one with a 42,000-barrel capacity and two with a 36,000-barrel capacity—a new truck scale and a rail loading track, according to a news release from the company. The project will also include a new office, steam boilers, a thermal fluid heather, new electric motors and other improved safety equipment and pumps.
The goal of the buildout is to expand Tanco’s ability to load and unload liquid cargo from ocean vessels, river barges and trains more efficiently and safely.
The liquid handling company’s operations at the harbor currently includes 11 tanks and a capacity to manage 375,000 barrels of liquid cargo. Tanco handles products for customers in a variety of industries ranging from construction and roofing to maritime fuel.
“This investment will allow us to meet the needs of our new and current customers while also providing for future expansion,” said Kip Middendorf, vice president and managing director of Tanco Terminals. “We see opportunities for major growth in various sectors, including agriculture, petroleum, and petrochemicals, plus industries that support steel manufacturing. Tanco is also well positioned to provide product transfer services for ISO tank containers when Ports of Indiana opens its new international container terminal at Burns Harbor in the near future.”
Tanco was founded at the Ports of Indiana Burns-Harbor in 1977. It also has had a facility at the Ports of Indiana-Jeffersonville since 2000.