Officials say Chiquita deal won’t affect N.O. shipping plans

  // Tuesday, 12 August 2014 17:06 //

A new $611 million offer for Chiquita Brands International may complicate the company’s planned merger with Fyffes plc of Ireland, but it won’t affect Chiquita’s plan to move its shipping operations to the Port of New Orleans, according to state and local officials.

“We would not expect there to be any impact,” Port of New Orleans spokesman Matt Gresham said Tuesday.

Chiquita told Louisiana’s economic development department that the buyout offer doesn’t change Chiquita’s plans to move forward in New Orleans, according to LED Secretary Stephen Moret.

Chiquita announced the New Orleans move in May. An LSU study shows Chiquita would create 240 to 350 new direct and support jobs.

Chiquita said its annual payroll will be at least $480,000. The company’s activity would boost shipping container traffic at the port by as much as 15 percent. Over 10 years, the move would add between $373 million and $485 million to the economy.

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Metairie, Louisiana

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