Headquartered in New Orleans, Louisiana, IMTT is one of the largest providers of bulk liquid storage and handling services in the United States. IMTT is a subsidiary of Macquarie Infrastructure Corporation (NYSE: MIC), which owns, operates and invests in a portfolio of infrastructure businesses in the United States.
IMTT owns and operates ten marine terminals located on the East, West and Gulf Coasts and in the Great Lakes regions of the United States, and a terminal in the Canadian province of Quebec. IMTT has a minority interest in an additional terminal in Newfoundland.
IMTT’s largest terminals are located in New York Harbor (NYH) and on the Lower Mississippi River near the Gulf of Mexico. Terminals store and handle petroleum products, vegetable and tropical oils, renewable fuels and a wide range of chemicals. In addition to the terminal operations IMTT provides environmental remediation services through its affiliate, OMI Environmental Solutions. OMI providing spill cleanup, tank and pipeline cleaning and other marine and industrial services to customers primarily along the Gulf coast.
IMTT is a market leader in the provision of liquid storage and handling services in each of the New York Harbor and Lower Mississippi River regions, both of which are key port areas in the United States. IMTT enjoys approximately a one-third market share for bulk liquid storage in the NYH (the largest terminal), and approximately two-thirds market share on the lower Mississippi River with the St. Rose, Gretna and Avondale, Louisiana facilities. IMTT continues to invest in capacity and capability designed to optimize service offerings both in these key markets and throughout its portfolio.
Bulk liquid storage and handling is a vital link in the supply chain for liquid products. Major corporations and portions of regional economies depend on IMTT facilities and their ability to aggregate and export and/or import and distribute these products.
Established in 1939, IMTT has grown from a single terminal in Louisiana through acquisitions and strategic investments into one of the largest independent providers of bulk liquid storage and handling services in the U.S. IMTT remains committed to values that have guided its growth over seven-plus decades of safety, customer service and excellence in operations.”