Kinder Morgan Partners (KMP +0.5%) says it will invest ~$170M to expand its terminal network and...

|About: Kinder Morgan Energy Partne... (KMP)|By:, SA News Editor

Kinder Morgan Partners (KMP +0.5%) says it will invest ~$170M to expand its terminal network and alleviate congestion at the Houston Ship Channel, including the purchase of 42 acres, construction of a new ship dock to handle ocean going vessels and building 1.2M barrels of liquids storage tanks.