FOR IMMEDIATE RELEASE

PORTLAND, ORE.  (APR. 24, 2012) – ConGlobal Industries Moving to New Portland Facility

ConGlobal Industries is moving its Portland operations to a facility leased from the Port in Rivergate Industrial District. The company is North America’s largest full-service supplier to the intermodal industry, providing depot services, equipment sales and transportation services. This new location will be fully operational by mid-May.

Located approximately two miles from the container shipping operations at Terminal 6, ConGlobal expects its customers will experience savings in drayage costs from the terminal to the new ConGlobal Portland facility. Besides being closer to the Port, the facility sits on a paved and ideally suited parcel of land to support the company’s ongoing operations.

“I am very excited about this announcement. It concludes a year-long effort to secure the ideal site in Portland for a container depot,” commented Mike Baldwin, President and CEO of ConGlobal Industries. “It also underscores our long-term commitment not only to the Port of Portland but also to the container depot business.”

The nine year lease with the Port includes just over 10 acres at 9639 North Rivergate Boulevard. The layout of the new facility will allow ConGlobal Portland to be more efficient in depot operations, gate turn times, equipment stacking and handling.

“The Port of Portland is thrilled to have ConGlobal Industries relocate their depot operations to port property,” said Willie Wilcoxen, Business Development Manager for the Port of Portland. “ConGlobal will complement the Port’s impressive list of tenants that provide global warehousing, logistics and freight-forwarding services, making the Port of Portland a vital import and export location for the Pacific Northwest.”

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About the Port of Portland

Established in 1891 by the Oregon Legislature, the Port of Portland owns four marine terminals, three airports (Portland International, Hillsboro, and Troutdale) and five industrial parks. The mission of the Port is to enhance the region's economy and quality of life by providing efficient cargo and air passenger access to national and global markets.

About ConGlobal Industries, Inc.

ConGlobal Industries, Inc. is North America’s largest full-service supplier to the intermodal industry, providing depot services, equipment sales and transportation services. ConGlobal provides equipment repair, maintenance, storage and redistribution services to global shipping lines and leasing companies. ConGlobal is also a leading retailer of standard and modified equipment in new and used condition to consumers, corporations, and government and military institutions. Additionally, ConGlobal provides transportation services to reposition equipment and manage large or special delivery projects. The company is built on a network of 20 locations in the U.S., Mexico and Costa Rica.