At the ribbon cutting ceremony were from left: Lisa Magee, director of engineering, PhilaPort; Jeff Theobald, executive director and CEO, PhilaPort; Jimmy Durr, general manager, Glovis America; JinWoo Jeong, president and CEO, Glovis; Governor of Pennsylvania, Tom Wolf; Jerry Sweeney, PhilaPort Board Chairman; Pennsylvania State Senator Larry Farnese; Scott Cornell, COO, Glovis America; Jennie Granger, Deputy Secretary, PennDot; Glenn Clift, advisor, Glovis America; Charles Gallub, president, DVR.

PHILADELPHIA—Officials at PhilaPort officially opened the $110-million 155-acre Southport Auto Terminal and Vehicle Processing Center on Tuesday, the first new terminal at PhilaPort in more than 45 years.

Pennsylvania Gov. Tom Wolf along with the facilities operator Glovis America's CEO and head of Americas of Hyundai Glovis JinWoo Jeong cut the ribbon marking completion of construction and the opening of the state-of-the-art facility on Tuesday.

Glovis America will process more than 200,000 Hyundai, Kia and other original equipment manufacturer vehicles this year at the processing center. "Pennsylvania needs a top tier Port facility to compete in global markets," said Jeff Theobald, PhilaPort executive director and CEO. "This new facility the best of its kind on the East Coast."