At our Houston 1 facility, we will be constructing six new 1 million gallon tanks, three new dock lines as well as the associated inbound and outbound marine and land traffic infrastructure. This project is Phase 7 of the Houston 1 expansion program which will maximize utilization of our land bank and improve the economic efficiencies of this site. The Houston 1 facility has been at or near 100% utilization, with demand for storage exceeding the phased expansion program that we have undertaken.

Concurrently with the work at Houston 1, we will be constructing four new 630 thousand gallon tanks at the Houston 2 facility– which will be Phase 6 in this expansion program. The Houston 2 facility is near 100% utilization, as the demand for non-fuel product storage continues to be strong in this market.

Concurrent construction management at the Houston 1 and Houston 2 facilities will expedite our time-to-market. Upon completion of these expansions at Houston 1 and Houston 2, Westway will have achieved capacity in this important geographic storage hub totaling approximately 113 million gallons.

Commenting on these projects, Gene McClain, President of Westway Terminal Company LLC, stated that, “These expansions will allow Westway to satisfy the growing demand for storage in the robust Houston market. Our continued infill of storage capacity at Houston 1 and Houston 2 will help Westway maintain its position as the leading non-hazardous storage provider in the region.”

James B. Jenkins, Chief Executive Officer of Westway Group, Inc., commented that, “Westway is continuing to make significant strategic capital investments in the expansion of our terminal operations, which will better serve our growing customer base and contribute to the Company’s long-term core earning capacity. We are proud of the many accomplishments of our Westway team, their dedication to profitable growth of our Company, and the building of a global Westway brand.”