- Greenbriar Capital Corp. (GRB) announced the Kern County Board of Supervisors’ approval for an inland dry port east of its Sage Ranch Project community
- Greenbriar is developing entry-level housing, renewable energy, green technology and sustainable investment projects
- The supervisors unanimously voted to designate a 410-acre site as the Mojave Inland Port
- The port could have a $500 million per year impact, and bring 3,000 union jobs
- The Mojave Inland Port may break ground in 2023 and be fully operational in 2024
- Greenbriar Capital Corp. (GRB) is up 5.07 per cent and is trading at $1.45 per share as of 3:16 p.m. ET
Greenbriar Capital (GRB) receives the Kern County Board of Supervisors’ approval to welcome California’s first inland dry port east of its Sage Ranch Project community.
Greenbriar is a utility company engaged in developing entry-level housing, renewable energy, green technology and sustainable investment projects.
The company stated the supervisors unanimously voted to designate a privately-owned 410-acre site as the Mojave Inland Port. It will be the only inland dry port fully permitted in California.
According to Greenbriar, the project could prove to be incredibly lucrative, with an economic impact of as much as $500 million per year, bringing 3,000 full-time high, paying union jobs to the local area, and $73 million annually to Kern County in taxes.
The company expects the Mojave Inland Port to break ground in 2023 and be fully operational in 2024.
The port location has direct access from state highways and is bisected by the Lone Pine Branch of the Union Pacific Railroad. Allegedly, the port project can take advantage of roughly $1.2 billion in one-time port and freight infrastructure funds from the 2022-2023 state budget through the California State Transportation Agency.
Greenbriar Capital Corp. (GRB) is up 5.07 per cent and is trading at $1.45 per share as of 3:16 p.m. ET.