BY CNBNEWS STAFF
Gloucester Terminal is spending over $2 million to upgrade the security at its site on the Delaware River in Gloucester City NJ. In the first phase of the project a existing chain link fencing will be replaced withnew fencing and new pole mounted lighting will be installed. In the second phase high definition security cameras will be put in place. Some of the money for the upgrades is coming from the Home Land Port Security Grant Program.
Leo Holt, president of the local marine terminal said over $60 million was spent in 2010-2011 on improvements at the Gloucester City Terminal which included the construction of the largest solar panel project in North America.
Across the river the Holt Logistics Corp is spending more than $1 million at its Packer Marine Terminal on new storage equipment designed to increase container capacity at that Terminal.
The company was founded in the mid-sixties by Thomas Joseph Holt Sr. with his brother Leo and father Leo Sr., who died in 1968, as an adjunct to the family’s successful trucking business. Tom Sr. passed away last year at the age of 74 from prostate cancer.
The company began to develop in the immediate area during the latter part of 1968 when it moved into the south yard of the New York Ship property. That same year the company entered into negotiations to lease what was then known as the Armstrong Cork facility at the foot of Essex Street from the Camden County Municipal Sewer Authority. Originally the CCMUA was going to build its sewer treatment plant at that location until residents protested. Presently that location is the truck entrance to Holt Logistics.
Today the company has one of the best marine terminals on the Philadelphia side of the Delaware River as well as on the New Jersey side.
Tom Holt Jr. runs the Packer Avenue Marine Terminal in South Philadelphia. Leo Holt is president of Gloucester Terminals L.L.C., privately owned by the Holt family. Michael Holt, manages Delaware Avenue Enterprises, which consists of the Publicker site at Columbus Boulevard and Packer Avenue and several refrigerated warehouses. Several grandchildren, including Tom III and Eric, are in the family business. The company’s headquarters is located in the former Coast Guard building at King and Cumberland Streets, Gloucester City.