Dole Food Company will continue to do business at the Port of Wilmington for the next 15 years due to a lease signed Tuesday.
Dole is the port’s largest customer, importing fruit and exporting forest products and general cargo. The company’s use of the port for its cargo operations will continue to support 850 jobs.
The company's lease encompasses 37.7 acres of terminal land and about 100,000 square feet of warehouse and office space. Its ships make about 52 vessel calls annually at the port, which is operated by Diamond State Port Corp.
The lease and its two extension option periods, each 10 years long, will allow Dole Fresh Fruit Company, a Dole subsidiary, to continue its terminal operations at the Port of Wilmington through 2048.
The lease includes terms governing Dole’s usage of the port and commitments by the DSPC, including increasing the number of cranes and other upgrades to the Dole leasehold.