APM Terminals could receive $1 million for Portsmouth investment

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APM Terminals could receive $1 million from the state and City of Portsmouth for construction of its $450 million marine terminal, according to The Virginian-Pilot.

The Portsmouth City Council will vote Tuesday on the agreement, which would allow the company to receive the money. The money would match the state’s $500,000 grant.

The money includes cash and infrastructure improvements. (The Virginian-Pilot

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