Freeport


Also found in: Dictionary, Thesaurus, Financial, Acronyms, Wikipedia.

Freeport,

city (1990 pop. 25,115), Grand Bahama Island, Bahamas. A popular resort area, it developed out of a 1955 agreement between the Bahamian colonial government and a private development company to create a free port and business area. The venture was a rapid success, resulting in the additional development of resort facilities. A petroleum transshipment facility is there, as is an international airport.

Freeport.

1 City (1990 pop. 25,840), seat of Stephenson co., NW Ill., on the Pecatonica River; inc. 1850. It is a trade and manufacturing center in a fertile farm and dairy region. Among its manufactures are brass, aluminum, tires, and switches. Freeport was the scene of the second Lincoln-Douglas debate (1858), in which Douglas expounded his famous "Freeport doctrine." 2 Town (1990 pop. 6,905), including Freeport village, SW Maine, on Casco Bay; settled c.1700, incorporated 1789. The town is headquarters to the L. L. Bean mail-order company and the site of its flagship store and of factory-outlet stores. The Desert of Maine, a sandy, treeless wasteland and tourist attraction, is nearby. 3 Town (1990 pop. 39,894), Nassau co., SE N.Y., on the south shore of Long Island, a residential suburb of New York City; settled as a village c.1650, inc. 1892. It is a resort and a deep-sea fishing and oystering center, with access to the Atlantic Ocean through Jones Inlet. Jones Beach State Park is nearby. The town suffered significant damage from Hurricane Sandy in 2012. 4 City (1990 pop. 11,389), Brazoria co., SE Tex., on the Gulf of Mexico at the mouth of the Brazos River, on the Intracoastal WaterwayIntracoastal Waterway,
c.3,000 mi (4,827 km) long, partly natural, partly artificial, providing sheltered passage for commercial and leisure boats along the U.S. Atlantic coast from Boston, Mass. to Key West, S Fla., and along the Gulf of Mexico coast from Apalachee Bay, NW Fla.
..... Click the link for more information.
; inc. 1949. The center of a thriving ranching, oil, and natural gas producing region known as Brazosport, Freeport has large chemical and shrimping industries; its products include magnesium extracted from seawater and vitamins. New port facilities were opened in 1955, and historic Velasco was annexed in 1957. Beaches and deep-sea fishing facilities attract tourists.
References in periodicals archive ?
Baiba Bane represents the Finance Ministry on the Freeport of Riga board, Dzineta Innusa - the Transport Ministry, Pavels Rebenoks - the Economics Ministry, and Riga City Council member Viesturs Zeps (For Development of Latvia) - the Environmental Protection and Regional Development Ministry.
The CDC, which maintains the Clark Freeport Zone, said that it had 54 new locators in the first seven months of the year, bringing its total locators to 1,092 firms.
CDC said it expects the employee count within the Clark Freeport Zone to rise even further as firms locate in New Clark City.
All three men were released after being charged and Freeport Police have put in a request for an independent investigation after Dukes alleged, "unfair and biased conduct by responding officers."
Under the proposed measure, some parts of Zambales and Bataan provinces, along with areas in Olongapo City, will be made an adjunct of the Subic Bay Freeport under a phased expansion program.
The proposed expansion, she added, "will sustain the growth of the Subic Freeport, attract more investments, and generate jobs for residents from nearby communities and other areas."
But if all goes well, the area around the former SSI steel plant in Teesside will be first in the queue to become a freeport.
The Freeport association is expected to use the funds to strengthen its emergency and rescue programs, introduce fire prevention training to local residents, and replenish fire and EMS apparatus, and to increase safety awareness and response.
(NYSE: FCX) to acquire 100% of its interest in Freeport-McMoRan DRC Holdings Ltd., which holds Freeport's indirect 56% interest in the Tenke Fungurume copper-cobalt mine located in the Democratic Republic of the Congo, CMOC said.
Freeport's big bet on oil and gas came in 2013 with the acquisitions of Plains Exploration and McMoRan Exploration for $19 billion, including debt.
Honeywell (NYSE: HON) Process Solutions (HPS) said its automation and security systems will help Freeport LNG Development, LP (Freeport LNG) expand its southeast Texas liquefied natural gas (LNG) terminal into a world-class liquefaction and export operation.