The Jacksonville Port Authority (JAXPORT) Board of Directors unanimously approved a $210 million long-term lease and relocation agreement with Southeast Toyota Distributors (SET), the world’s largest independent distributor of Toyota vehicles. SET is a subsidiary of Deerfield Beach, Florida-based JM Family Enterprises.
The company distributes vehicles, parts and accessories to 177 Toyota dealerships in Alabama, Florida, Georgia, and North Carolina and South Carolina. Dealers in this region sell approximately 20% of all Toyotas sold in the country. Headquartered in Deerfield Beach, Florida, its vehicle processing facilities are located in Jacksonville, Florida and Commerce, Georgia.
SET will relocate operations from its
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