Macquarie Infrastructure Company LLC owns, operates, and invests in a group of infrastructure businesses that provide basic services to businesses and individuals primarily in the U.S. International-Matex Tank Terminals (IMTT) The company owns IMTT that stores or handles petroleum products, various chemicals, renewable fuels and vegetable and animal oils (referred to as liquid commodities). IMTT is an independent provider of bulk liquid terminal services in the U.S., based on capacity. IMTT also owns OMI Environmental Solutions, an environmental emergency response, industrial services, waste transportation, and disposal business. Strategy: The company’s strategy has five primary components, including to continuously drive improvements in safety; to deploy growth capital to develop existing locations, especially those on the Lower Mississippi River, by constructing new tanks, docks, rail offloading capacity, pipelines or other logistics infrastructure when such construction is supported by customer demand and the returns are attractive; and to optimize IMTT’s corporate and tax structure through selective acquisitions, divestitures, and partnerships. Louisiana Terminals (47% of gross profit): On the Lower Mississippi River, IMTT operates four terminals (St. Rose, Gretna, Avondale and Geismar). With combined storage capacity of 20.5 million barrels, the four sites give IMTT substantial market share in the storage of black oil, bulk liquid chemicals and vegetable oils on the Lower Mississippi River. Bayonne Terminals (40% of gross profit): Located on the Kill Van Kull between New Jersey and Staten Island, the 15.9 million barrel capacity terminal occupies a position in New York Harbor, or NYH. NYH serves as the main petroleum trading hub in the northeast United States and a physical delivery point for the gasoline and heating oil futures contracts traded on New York Mercantile Exchange (NYMEX). In addition to waterborne shipments, products reach NYH through petroleum product pipelines from the U.S. Gulf region and elsewhere. NYH also serves as the starting point for refined product pipelines linked to inland markets and as a key port for refined petroleum product exports and imports. IMTT-Bayonne has connections to the Colonial, Buckeye and Harbor refined petroleum product pipelines, as well as rail and road connections and substantial blending capabilities. As a result, IMTT-Bayonne provides its customers with logistical flexibility. IMTT-Bayonne has the capability to load and unload the major bulk liquid transport ships entering NYH. Customers: IMTT provides bulk liquid terminal services primarily to vertically integrated petroleum product producers and refiners, chemical manufacturers, food processors and traders of bulk liquid petroleum, chemical and agricultural products. IMTT’s customers are primarily major oil companies, major chemical companies or traders of these commodities. Atlantic Aviation Atlantic Aviation operates fixed-base operations (FBOs) at 69 airports in the United States. Atlantic Aviation’s FBOs provide fueling and fuel-related services, aircraft parking and hangar services to owners/operators of jet aircraft, primarily to the general aviation (GA) sector of the air transportation industry, but also to commercial, military, freight and government aviation customers. Strategy: Atlantic Aviation is pursuing a strategy that has five principal components. These are to make Atlantic Aviation the preferred FBO provider at all of the airports at which it operates by providing the best service and safety in the industry; to aggressively manage the business so as to optimize its operating expenses; to grow the business by leveraging the size of the Atlantic Aviation network and its information technology capabilities to identify marketing and cross-selling opportunities; to deploy capital in equipment and leasehold improvements; and to optimize the portfolio of FBOs through acquisitions, divestitures and lease extensions. Operations: The business has facilities and focuses on attracting customers who desire a high level of personalized service. Other services, including de-icing, ai
macquarie infrastructure co
125 West 55th Street
New York, NY 10019
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