TLCPA Newsletter

TLCPA Newsletter

On November 8, 2018, the 180th Fighter Wing, Toledo-Lucas County Port Authority and the Toledo Regional Chamber of Commerce proudly announced that the Toledo Air Show is returning for another action-packed event on July 13-14, 2019! The show will be hosted at Toledo Express Airport and feature renowned military and civilian aerobatic performances, aircraft on display and more—offering outstanding family-oriented entertainment.

There will be military jets including our region’s own 180th Fighter Wing, as well as other F-18, F-22 and F-35 military demo teams.

Performers will include nationally renowned acts including Tora Tora Tora, Class of ‘45 warbirds, Mig 17 jet fighter, Jackie B, The Golden Knights Jump Team, and the Shockwave Jet Truck, among many others to be announced.

Static displays will include modern military aircraft, classic warbirds and general aviation aircraft for all to enjoy and spectators will also find a kids zone, simulators, interactive exhibits, helicopter rides, food, fun and more.

Tickets are available for purchase at http://www.toledoairshow.com.

Earlier this year, the Port Authority welcomed its fourth tenant, Faurecia North America, to Overland Industrial Park. Faurecia will create auto parts for the automotive industry and this project will create 85 to 100 jobs! In addition, the Port Authority also welcomed Consolidated Electrical Distributors to the site. This project has the potential to create new jobs as well! Check out the construction update!

 

Faurecia

 

Consolidated Electrical Distributors

 

 

 

 

Toledo Express Airport (TOL) bids farewell to Allegiant Airlines’ McDonnell Douglas MD-80 aircraft after serving the Toledo market for nearly 13 years. The MD-80 departed TOL for the last time on Wednesday, November 21, 2018, at 9:26 a.m., and will fully retire from Allegiant’s fleet by the end of November.

The MD-80 started serving the Toledo market when Allegiant service began at TOL on December 15, 2005. This aircraft has allowed Allegiant to transport over one million Toledo area travelers nonstop to popular vacation destinations, and has allowed Allegiant to grow to become one of the largest ultra low-cost carriers in the country!

“The MD-80 ushered in an era of tremendous growth for Allegiant Airlines, bringing nonstop service and low fares to communities like Toledo that simply would not have been possible without this aircraft,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “The Toledo Region is thankful for what this aircraft has meant to the area and looks forward to many more years of Allegiant service at TOL on the more efficient Airbus aircraft.”

Allegiant is replacing the MD-80 with newer Airbus A319 and A320 aircraft. These aircraft, which feature up to 186 seats, have already begun service on select flights to and from TOL. The Airbus aircraft represent a significant improvement in the customer experience by featuring a more modern cabin and are more environmentally friendly, achieving significant fuel savings versus the older generation MD-80.

Today, Allegiant offers low fares and nonstop service to Orlando Sanford, Ft. Myers/Punta Gorda and St. Pete-Clearwater, Florida. Allegiant service at TOL has helped drive the airport’s five consecutive year-over-year increases in passenger totals. This year, passenger traffic on Allegiant has increased over two percent through October 2018 when compared with the same period in 2017!

To book your flight on Allegiant out of Toledo Express Airport, please click here.

The city of Northwood, located in Wood County, was in need of lighting upgrades to some of its city-owned facilities.

With the help of the BetterBuildings Northwest Ohio (BBNWO) program, four facilities received LED lighting upgrades, completed by Campbell, Inc. The facilities include the Northwood Municipal Building, a local park pavilion, and two local fire stations. This resulted in an annual projected savings of $23,417 and a 3.4 year payback on the investment! This served as the sponsoring project for Northwood to join the Northwest Ohio Advanced Energy Improvement District.


 
 

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. 

For more information on the BBNWO program, please click here.

               

The locks at Sault Ste. Marie, Michigan, are important to ships transporting product between all of the Great Lakes. The locks allow ships to move between Lake Superior and the lower four Great Lakes and typically, as much as 80 million tons of cargo pass through the Soo Locks in a given year. Commodities such as coal, grain, limestone, and the largest commodity, iron ore, are transported through the locks daily. Of the two locks, approximately 90 percent of those commodities travel through the larger Poe Lock. The MacArthur, the second lock, is too small for the larger Great Lakes freighters to navigate. Recently, the President signed America’s Water Infrastructure Act of 2018, which authorizes reconstruction of the MacArthur to allow it to accommodate larger ships.

Reconstruction of the MacArthur Lock is important to ships traveling to the Port of Toledo.  Each year, as much as five million short tons of taconite bound for the Port of Toledo passes through the Poe Lock. Should the Poe Lock fail, the ships would not be able to make the transit and the supply chain for taconite would be jeopardized.  In addition, when Cleveland-Cliffs, Inc.’s hot briquetted iron (HBI) production plant is in operation, an additional two million tons of iron ore will ship through the locks to the Port of Toledo. Reconstruction of MacArthur provides assurance that these shipments will not be interrupted!

For more information about the project, please click here.

 

On September 26, 2018, Toledo Express Airport (TOL) celebrated Allegiant’s one-millionth passenger flying through TOL on the 1:24 p.m. flight to Punta Gorda Airport (PGD)!

“Today marks a historic moment at Toledo Express Airport as we celebrate Allegiant reaching the tremendous milestone of serving one-million passengers in our market,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “This accomplishment would not have been possible without the continuing support from Toledo area travelers, as well as Allegiant’s ongoing commitment to Northwest Ohio.”

The airline, which has served the Toledo market for nearly 13 years, began service out of TOL on December 15, 2005, connecting Toledo and Northwest Ohio to many vacation destinations. Today, Allegiant offers low fares and nonstop service to Orlando Sanford, Ft. Myers/Punta Gorda and St. Pete-Clearwater, Florida.

“We are thrilled to reach the one-million mark at Toledo Express,” said Kristen Schilling-Gonzales, Allegiant Managing Director of Planning. “We’ve seen a lot of growth over the past 13 years and we know there are more great things to come with our partnership with TOL and with the Toledo community.”

Allegiant service at TOL has helped drive the airport’s five consecutive year-over-year increases in passenger totals. This year, passenger traffic on Allegiant has increased 4.1 percent for the first eight months of 2018 when compared with the same period in 2017.

Passengers who were on board the 1:24 p.m. departing Allegiant flight each received a $100 airline voucher as a token of appreciation for choosing to fly Allegiant out of Toledo Express Airport. 

 

For more information, please visit toledoexpress.com.

The Council of Development Finance Agencies (CDFA) announced the Toledo-Lucas County Port Authority as a winner of the 2018 CDFA Distinguished Development Finance Project Award for the Bridge Park Project. The Council of Development Finance Agencies’ Excellence in Development Finance Awards recognizes outstanding development finance programs, agencies, leaders, projects and success stories.

Other recipients of the award and partners of the project include City of Dublin, Development Finance Authority of Summit County and Columbus-Franklin County Finance Authority.

Bridge Park is a 30-acre redevelopment project located along the Scioto River in the heart of Dublin, Ohio’s Bridge Street district. The new community includes more than one million square feet of mixed-use office, retail, restaurant, and housing space, developed by Crawford Hoying.

“The Port Authority is honored to receive this award and be a part of the team that has been able to create an amazing development for the community of Dublin,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority.

Through partnerships and collaboration with the Port Authority, Development Finance Authority of Summit County and Columbus-Franklin County Finance Authority, more than $157 million in bonds have been issued to finance four parking garages, condominium and apartment units, office space, a 150-room hotel, a conference/events facility, and numerous retail and restaurant spaces. The City of Dublin contributed $43.1 million to the projects parking and roadway infrastructure.

The Council of Development Finance Agencies Excellence in Development Finance Awards will be formally presented at the 2018 CDFA National Development Finance Summit in Dallas, Texas on November 8, 2018.

The Toledo-Lucas County Port Authority is pleased to share the results of The Great Lakes Seaway Partnership’s Economic Impacts of the Port of Toledo, a report documenting the many contributions made by the Port Authority and Great Lakes Seaway Shipping to the City of Toledo, Lucas County, State of Ohio and Great Lakes region.

The study reports that in 2017 the Port of Toledo and maritime commerce supported:

  • 7,083 jobs
  • $669 million in economic activity
  • $513 million in personal income and local consumption expenditures
  • $180 million in federal and state tax revenue

“The Toledo-Lucas County Port Authority had an exceptional year in 2017,” says Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “One of our major initiatives was the launch of Cleveland-Cliffs, Inc.’s first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. This project will create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region.” 

This momentum continued throughout the year with general bulk and breakbulk cargo into the Port. “We expect to finish the 2018 Navigation Season with a busy schedule of international vessel traffic at the general cargo terminal operated by Midwest Terminals and continued activity at grain facilities,” says Joe Cappel, Vice President of Business Development at the Toledo-Lucas County Port Authority.

The study reflects the important contributions the Port provides to the Great Lakes-St. Lawrence Region,” says Steven A. Fisher, Executive Director of the American Great Lakes Ports Association. “The jobs supported by the maritime industry include not only those located directly on the waterfront – shipyard workers, stevedores, vessel operators, terminal employees, truck drivers and marine pilots – but also grain farmers, construction works, miners and steelworkers. Many of these jobs would vanish if not for a dynamic maritime industry.”

Economic Impacts of the Port of Toledo is a companion report to the broader Great Lakes-St. Lawrence study titled Economic Impacts of Maritime Shipping in the Great Lakes-St. Lawrence Region, a year-long study of the economic impacts of the entire Great Lakes-St. Lawrence Seaway navigation system.

The study reports that in 2017 in Ohio, maritime commerce supported:

  • 33,168 jobs
  • $4 billion in economic activity
  • 40 million metric tons of cargo handled
  • $2 billion in personal income and local consumption expenditures
  • $839 million in federal, state & local taxes

The Economic Impacts of Port of Toledo full report can be downloaded by clicking here. The Economic Impacts of Maritime Shipping in the Great Lakes-St. Lawrence Region can be downloaded by clicking here.

For more information about the Port of Toledo, please click here.

The Toledo-Lucas County Port Authority has recently been selected as the winner for the Best Project category for the Ohio Economic Development Association’s (OEDA) 2018 Annual Excellence Awards for The Cleveland-Cliffs, Inc. Project at Ironville Terminal!

On June 15, 2017, the Toledo-Lucas County Port Authority announced that Cleveland-Cliffs Inc. will locate its first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region. However, there was a significant amount of effort made in redeveloping the property leading up to the announcement.

The Port Authority purchased the former 181-acre Chevron property at the Port of Toledo in 2008 and formed a public-private partnership with Midwest Terminals of Toledo International Inc. through a long-term lease for the property. In total, over $18 million in funding was aggregated and used for a development plan on the Maumee River port side of the property. Redevelopment efforts at Ironville Terminal were mainly focused on the 82-acre site adjacent to the Maumee River; however, the 100-acre site on the other side of Front Street was still available for redevelopment.

Cleveland-Cliffs Inc., the largest and oldest independent iron ore mining company in the United States, will lease approximately 100 acres on the east side of the site from the terminal operator, Midwest Terminals of Toledo. Existing infrastructure and material handling capabilities on the site met the company’s requirements for its site selection process.

Cleveland-Cliffs Inc. will receive more than two million tons of product, delivered by vessel, for the production of HBI, and has the potential to add 100 new vessel calls per year at the Port of Toledo. The finished product will ship from the facility via truck and rail!

For more information on Cleveland-Cliffs Inc., please click here.

For more information on the seaport, please click here.

Lois J. Fisher & Associates, a real estate development, investment, and management company, purchased the former PNC Bank building located at 107 North Main Street in downtown Marion, Ohio, in August 2017. Lois J. Fisher, owner of the business, has a development focus on the repositioning of real estate assets in order to return buildings to productive use.

In need of some renovations, The BetterBuildings Northwest Ohio (BBNWO) program provided $75,000 in capital for the replacement of one of the building’s boilers. The improvements resulted in an annual energy savings cost of more than $2,300.

"I would highly recommend the program to anyone, whether it be renovating an entire building or simply a portion,” said Lois Fisher. “I found the process to be very easy and Teresa Snyder was extraordinarily helpful. It's a great alternative financing mechanism."

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. Since its inception in 2010, the BBNWO program has provided more than $34 million in financing through the completion of over 155 projects throughout Northwest Ohio.

For more information on the BBNWO program, please click here.

On August 23, 2018, the Toledo-Lucas County Port Authority Board of Directors approved a purchase agreement with the State of Ohio to purchase Michael V. Disalle Government Center.

“The Port Authority is uniquely positioned to own and manage One Government Center for the good of the community,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “By adding One Government Center to our facility portfolio, we are able to keep the building in local government hands, provide stability to its current tenants, and most importantly keep the occupancy costs low for the governmental entities occupying the building.”

Currently, One Government Center houses more than 1,500 City, County and State office employees in support of governmental operations in Northwest Ohio. The building has 22 stories with a total of 505,000 square feet of space and a four-story parking garage with approximately 350 parking spaces.

One Government Center was constructed by the State of Ohio in 1983 and has been managed by the Ohio Building Authority and more recently by the State of Ohio Department of Administrative Services.

“The Board is very committed to the local community and we will make sure One Government Center will continue to be an asset of which the residents of Northwest Ohio will be proud,” said John Szuch, Chairman of the Toledo-Lucas County Port Authority Board of Directors.

The Toledo-Lucas County Port Authority recently won an Award of Distinction in the American Association of Port Authorities’ 2018 Communications Awards Program for the More Than A Port Video!

If you haven’t seen the video already, check it out!

For more information, please click here.

Video Produced by: Madhouse

Video Credit: Madhouse, Toledo Aerial Media, Allied Media

Real estate investors Kevin and Ambrea Mikolajczyk have been investing in Toledo real estate since 2007. This husband and wife duo both attended Toledo Public Schools and The University of Toledo, and take great pride in the city from which they hail. Kevin and Ambrea have developed a passion for breathing new life into abandoned, forgotten properties and the BetterBuildings Northwest Ohio (BBNWO) program has helped provide financing for several of their projects, both residential and commercial. 

“PACE financing has been a tremendous resource for us as we look to upgrade our buildings and determine whether or not the project makes sense financially,” said Ambrea.

Below are a couple of Kevin and Ambrea’s projects BBNWO has assisted with:

  • 15,522 sq. ft. 15-unit apartment complex
  • $450,000 renovation cost
  • Completed in June 2016
  • Complete HVAC upgrade
  • Complete electrical upgrade
  • New windows
  • Complete renovation of every apartment and common areas

 

  • 12,000 sq. ft. 3-unit residential warehouse
  • Completed in December 2016
  • $600,000 total renovation budget
  • Complete HVAC upgrade
  • Complete electrical upgrade
  • New windows
  • Restoration of entire interior/exterior

“I would encourage those looking to upgrade energy efficiencies in their home or investment to look into the BetterBuildings program’s offerings and make it a part of your financial package and evaluation,” said Ambrea. “The staff is incredibly knowledgeable and great to work with, and we have truly enjoyed working with the Port on our projects and look forward to partnering in the future.”

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. 

For more information on the BetterBuildings Northwest Ohio program, please click here.

On August 22, 2018, Toledo Express Airport celebrated the one-year anniversary of American Airlines’ twice-daily flight to Charlotte Douglas International Airport (CLT). The addition of this service to TOL helped drive the airport’s fifth consecutive year-over-year increase in passenger service for 2017. A total of 196,937 passengers flew through TOL last year – a nine percent increase over 2016 – and marks the highest passenger total at TOL since 2008. The momentum is continuing in 2018, as the airport is expected to see its sixth consecutive year-over-year increase this year!

“American Airlines made a multimillion dollar investment in this region one year ago by adding nonstop service to Charlotte,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “This investment has paid off as the fantastic community response to this new service continues to demonstrate the strength of the local economy and the demand for additional flights at Toledo Express.”

Approximately 54,689 passengers have utilized the new CLT service from August 22, 2017, through July 31, 2018. The route, which provides an estimated economic impact of $15.4 million on the local economy, has been so successful American Airlines increased its capacity to CLT by adding larger aircraft that offers first class seats. September 6, 2018, marked the first scheduled flight of the new, larger aircraft! The new aircraft, Bombardier CRJ-700s, are equipped with 63 seats, which include nine first class seats, eight main cabin extra seats and 46 main cabin seats.

Charlotte Douglas International Airport is the second largest hub in the American Airlines network and the third largest airline hub in the world, with more than 650 daily departures to over 150 destinations in 24 countries. A multitude of new domestic and international one-stop connections have been made accessible from Toledo because of this service, including seven European destinations and 18 Caribbean destinations

For more information, please visit toledoexpress.com.

August marked the 30th anniversary of the Toledo-Lucas County Port Authority’s Northwest Ohio Bond Fund (NWOBF). In 1988, the Toledo-Lucas County Port Authority made history as the first port authority in the state of Ohio to establish a bond fund, which started as a ‘BBB’ rated fund. Since its establishment, the NWOBF has seen multiple increases to its bond fund rating, which now has an investment grade rating of ‘A-’ from Standard & Poor’s.

Over the years, the program has assisted 76 projects, provided more than $312 million in financing and created approximately 7,500 jobs. A few of these projects include noteworthy local headquarters such as The Andersons, Dana-Corporation and Owens Corning. In addition, the Port Authority’s BetterBuildings Northwest Ohio program has utilized the NWOBF to issue in excess of $30 million in bonds for over 130 energy retrofit projects throughout the state of Ohio.

The primary focus of the NWOBF is to promote economic development, including the creation of new investment and private and public sector jobs in Northwest Ohio. The NWOBF is designed to provide private companies and public entities access to fixed, investment grade interest rates in the national capital markets.

The program provides:

  • Financing for projects from $2 million to $10 million
  • Fixed interest rates for full term of the bonds
  • Tax exempt bonds for manufacturing, non-profit 501(c)3 and governmental operations
  • Taxable bonds for all other projects

For more information on the Northwest Ohio Bond Fund, please click here or call 419.243.8251.

New Orleans, otherwise known as The Big Easy, was given its nickname to describe its gentle, easy way of life, which is exactly what many people look forward to when it comes to a vacation! If you are looking to kick back, relax, and leave your worries in Toledo, New Orleans is a great destination spot for you!

And did you know Toledo Express Airport can get you there on an American Airlines flight connecting through Charlotte? Check out these 5 fun things to do in New Orleans that will be sure to have you on the next flight out! 

  1. Bourbon Street

Let the good times roll on one of the most famous festive streets in the U.S.! Here you will find everything from live music to lively night clubs.

  1. New Orleans Ghost, Voodoo and Vampire Tour

New Orleans has a rich history filled with ghosts, voodoo and vampires that come to life on this tour. Some notable stops along the way include Madame LaLaurie’s Creole mansion, home of a rumored vampire, and the New Orleans Pharmacy Museum, one of the most superstitious museums in the city. 

  1. New Orleans Swamp Tour

New Orleans may be known for its ghost stories and lively downtown, but it is also home to many animals, including alligators! Take an up-close look at these animals on the airboat tour of the swampy city. 

  1. Jackson Square

Jackson Square is filled with music, entertainment, shopping, eateries, and historic architecture to admire. Basically, a full day of fun!

  1. Steamboat Natchez Jazz Dinner Cruise

Relax on the Steamboat Natchez Jazz Dinner Cruise and take in the beautiful views of the city, be serenaded by jazz music, and pile your plate with dinner from the buffet!

Your unforgettable vacation to New Orleans is only a connecting flight away out of Toledo Express Airport on an American Airlines flight through Charlotte! Book your flight today at AA.com!

Did you know the Economic & Community Development Institute (ECDI), in partnership with the Toledo-Lucas County Port Authority, offers small business loans to start-ups and small businesses?

Since 2004, ECDI has assisted more than 10,000 Ohio entrepreneurs through their one-stop-shop business services model, which is suited to meet the needs of all entrepreneurs, regardless of their business stage. From providing capital to entrepreneurs looking to expand their businesses, to providing focused, business-specific educational opportunities to enhance entrepreneurial skill sets, ECDI works with clients to meet their specific needs.

Are you looking to grow your business or thinking about starting a new business?

Join ECDI and its small business partners on September 25, 2018 at 4:00 p.m. at the South Branch Toledo-Lucas County Public Library to learn about resources you can use to support your business!

For more information on ECDI small business loans, please click here.

 

The capital city of Tennessee is known for its rich history, its great restaurants, and good ol’ country music! Did you know Toledo Express Airport can get you there on an American Airlines flight connecting through Charlotte?

Check out these 5 fun things to do in Nashville that will be sure to have you on the next flight out! 

  1. The Bluebird Café

The Bluebird Café is one of the most well-known cafes in the music industry, as it is the space where you can find songwriters performing their original hits that have been recorded by chart-topping artists, not just in the country music genre, in all genres of music. The Bluebird Café is also the space where you can be the first to hear up-in-coming artists before they take the big stage!

  1. Country Music Hall of Fame

If you are a country music fan, the Country Music Hall of Fame will be a must-see on your vacation list! Experience the influence of some of your favorite artists and be immersed in the history and the legends of country music through photographs, videos, interactive exhibits and more!

  1. Grand Ole Opry

Visit country music’s most famous stage for performances that are known for being jaw-dropping and an experience for all ages. Some artists that are scheduled to perform in June include Carrie Underwood, Vince Gill, Darius Rucker, Luke Combs, Blake Shelton and many more!

  1. Parthenon in Centennial Park

Take a stroll through Centennial Park and stop by the Parthenon, a 42-foot sculpture that is an exact replica of the Parthenon in Athens, Greece. Inside you will find a beautiful statue of Athena, the ancient goddess of love, and an art museum!

  1. Taste of Nashville Culinary Food Walking Tour

Get a taste of the Music City on the one-mile Taste of Nashville Culinary Food Walking Tour as you walk through downtown Nashville and sample food from six restaurants! You will also get to explore the culture and learn about the history of the city.

Your unforgettable vacation to Nashville is only a connecting flight away out of Toledo Express Airport on an American Airlines flight through Charlotte! Book your flight today at AA.com!

The Beauty Bar, a local family-owned salon, was founded in 2002 by owners Joe and Sara Spallino. The salon first opened in a small space in the Cricket West Shopping Center with six styling chairs and a unique menu of nail services. In 2005, the couple purchased a historical colonial farmhouse, located at 2919 Central Avenue in Toledo, to serve as salon’s new home. After months of renovations, Beauty Bar proudly moved into the new space and expanded their offerings to include a full-service salon, spa, apothecary, and a private party suite.

Recently, the Spallino’s partnered with the BetterBuildings Northwest Ohio (BBNWO) program and PACEnergies to expedite the planning and implementation of their energy efficiency retrofit, which included the replacement of three outdated HVAC systems.

The improvements resulted in an annual energy savings cost of $1,600!

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. Since its inception in 2010, the BBNWO program has provided more than $34 million in financing through the completion of over 150 projects throughout Northwest Ohio.

For more information on the BetterBuildings Northwest Ohio program, please click here.

 

In mid-April, the Toledo-Lucas County Port Authority was honored to receive the U.S. Saint Lawrence Seaway Development Corporation’s (SLSDC) Robert J. Lewis Pacesetter Award for the 2017 shipping season!

The Port of Toledo is one of six ports to receive the Pacesetter Award. The other ports include the Port of Chicago, the Cleveland-Cuyahoga County Port Authority, the Ports of Indiana-Burns Harbor, the Port of Lorain, and the Port of Monroe.

“Congratulations to the six Great Lakes ports being recognized as Pacesetter Award recipients for their achievements during the 2017 navigation season,” said SLSDC’s Deputy Administrator Craig H. Middlebrook. “The Seaway System realized a nine percent tonnage increase from 2016 to 2017, with a 25 percent increase in U.S. export cargoes. This strong performance reflects the commitment, hard work, and vision of the teams of professionals at these ports.”

The Pacesetter Award was created in 1992 to recognize increases in international cargo tonnage shipped through Great Lakes ports from year to year. In 2017, the Port of Toledo experienced a 15.88 percent increase in cargo tonnage over 2016. In addition, in 2017, the Great Lakes ports saw a nine percent overall jump in total cargo traffic!

For more information on the Saint Lawrence Seaway Development Corporation, please click here.

Are you looking to grow your business or thinking about starting a new business? The Port Authority can help!

The Port offers U.S. Small Business Administration (SBA) 504 Loans of up to $5 million or up to $5.5 million for manufacturers! Historically, the Port has been able to offer SBA Loans with 10 to 20 year terms. Just recently, the U.S. Small Business Administration announced it is now offering 25-year loans to qualifying businesses!

This new 25-year business loan is available for 504 projects and is great for businesses that can benefit from lower monthly payments and improved cash flow. 

The SBA 504 Loan offers long term fixed rate interest on loans, which can be an advantage in this increasing rate environment. There is no need to worry about what your interest rate and payment amount will be in 10 to 20 years down the road. 

The typical transaction consists of the bank providing 50 percent financing, the SBA 504 Loan providing 40 percent of the financing in the second lien position, with only a 10 percent borrower equity injection. Since the SBA 504 Loan only requires a 10 percent equity injection, this helps businesses expand that may not have the usual 20 to 25 percent down payment. 

The Port Authority has several other innovative loan programs available in addition to the SBA 504 Loan for all of your financing needs. 

For more information about the Port Authority's financing programs, please contact Laurie Cantrell at 419-214-4193.

On April 5, 2018, Cleveland-Cliffs hosted a groundbreaking event to celebrate its first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. This event marks the beginning of construction. Production of commercial tonnage of HBI is anticipated to begin in mid-2020.

Featured speakers at the event included Lourenco Goncalves, Cliffs' Chairman, President and Chief Executive Officer; Congresswoman Marcy Kaptur; Toledo Mayor Wade Kapszukiewicz; Dean Monske, President and CEO of Regional Growth Partnership; Councilman Peter Ujvagi; and Paul Toth, President and CEO of the Toledo-Lucas County Port Authority.

 

This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region!

Click here to view the project overview handout.

For more information on Cleveland-Cliffs, please click here. 

For more information on the Port of Toledo, please click here.

The Port Authority recently launched a new website for Toledo Executive Airport (TDZ)!

TDZ is primarily used for corporate aviation, premium air freight services, emergency aviation services, law enforcement, flight training, and privately owned aircraft. The airport is also fully equipped with full-service and self-serve fueling options. In addition, TDZ offers charter services and aircraft maintenance services, and has aircraft storage and developable land opportunities available on airport property. Aircraft service is provided in partnership with Crow Executive Air, Inc.

Check it out!

The Economic and Community Development Institute (ECDI) has loaned $1 million dollars to small businesses in Greater Toledo!

Since launching in Toledo in 2013, ECDI has distributed more than $1 million to 41 businesses. Of these 41 businesses, 13 (32%) have been to low or moderate income business owners, 22 (54%) have been to women-owned businesses and 15 (37%) have been to minority owned businesses. These loans have created 98 new jobs and retained 109 jobs in the Greater Toledo community.

“The microloan program from ECDI eased the financial burden my company typically faces at the start of the year. This is the second loan we’ve received from ECDI that’s prevented us from over-extending our work load,” says Paul Gomez, owner of Streak Free Window Cleaning Services LLC.

In partnership with ECDI, the Port Authority serves as the point of access for potential clients, and ECDI serves as the lending agent. 

“We are pleased that the Toledo community is taking advantage of the ECDI microlending program,” said Paul Toth, president and CEO of the Toledo-Lucas County Port Authority. “Not only does ECDI provide capital to entrepreneurs who are not able to obtain financing through traditional sources, but the program offers coaching and training programs to ensure these companies succeed and remain profitable.”

Are you looking to grow your business or thinking about starting a new business?

Join ECDI and it’s small business partners on May 1, 2018, at 4:00 p.m. at the Kent Branch Library to learn about resources you can use to support your business!

For more information on ECDI small business loans, please click here.

 

It’s that time of year when ships are departing the Port of Toledo as the 2018 shipping season gets underway.

Check out some of our favorite photos of the ships that spent the winter in Toledo!

 

The Red Wing Shoe Store has been a staple on Conant Street in Maumee’s downtown business district for more than 30 years. Longtime owners Maureen and Daniel Georgevich had dreams to expand and update their store for many years. Then in 2011, the Red Wing Shoes Corporation enacted a new retail standard for all Red Wing stores, and the couple viewed this as the perfect opportunity to expand and update their business.

The couple purchased the building at 213 Conant Street, just a few buildings down from the original store, and began renovation. With the help of the BetterBuildings Northwest Ohio (BBNWO) Program, the couple updated the building with new LED lighting, HVAC and hot water tank replacements, sealed the building envelope and added low flow fixtures. This project resulted in energy savings of more than $3,300 annually! The new and improved Red Wing Shoe Store now offers a wider selection of shoes and boots and has a new modern and inviting atmosphere.

 

Before                                                                       After

Maureen Georgevich said the Port Authority was "professional and helpful throughout the entire process,” and she “couldn't ask for a better experience."

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. Since its inception in 2010, the BBNWO program has provided more than $34 million in financing through the completion of over 155 projects throughout Northwest Ohio.

For more information on the BetterBuildings Northwest Ohio program, please click here.

Did you know the Toledo-Lucas County Port Authority is #MoreThanAPort? Check it out!

For more information, please click here.

Video Produced by: Madhouse

Video Credit: Madhouse, Toledo Aerial Media, Allied Media

 

As the winter weather keeps us indoors during this time of year, many of us find ourselves dreaming of sunshine on our faces, sand between our toes, and taking in the soothing sound of the ocean.

Did you know Toledo Express Airport can get you to tropical paradise on American Airlines through Charlotte? Beat the winter cold and hop on an American Airlines flight to Charlotte, then connect to your choice of 22 Caribbean destinations!

Check out these 6 breathtaking destinations that will be sure to have you on the next flight out!  

  1. Aruba

Time seems to stand still on this quintessential Caribbean island where you can experience stretches of powdery white sand beaches and turquoise water. Aruba is also home to the world famous Eagle Beach, which was recently named one of the top 25 beaches in the world by TripAdvisor.com.  Aruba is also notorious for its diverse culture, with more than 90 nationalities present on the island, which can be experienced through eating local cuisines and shopping at local shops.

  1. Cancun

Despite its reputation for delicious margaritas and an energetic night life, Cancun has much more to offer its guests! Cancun is home to some of the most beautiful and luxurious resorts and hotels that offer activities such as beach yoga, water aerobics, tennis courts, restaurants and swimming in amazing pools.

  1. San Juan

Get a taste of true Puerto Rican culture by exploring the landscape, Spanish colonial buildings, and authentic Puerto Rican food in San Juan. In addition, take a tour through the rainforest, take a sailing or water tour, or relax by the beach!

  1. Montego Bay

Montego Bay, Jamaica is one of the most sought-after vacation spots in the Caribbean due to its many impressive natural features and exciting excursions. Popular things to do include swimming in the glowing water of the Luminous Lagoon, floating down the Martha Brae River, and zip lining through the jungle!

  1. Nassau

Nassau, capital city of the Bahamas, is known for its miles and miles of white, sandy beaches, coral reefs that are perfect for snorkeling, and its wonderful food. Whether you are in the mood to have fun at a water park, take a historic tour, or relax on the beach, Nassau offers it all!

  1. Punta Cana

Punta Cana is not only known for its magnificent beaches, it is also known for its many golf courses! Several of the courses have been designed by professional golfers and offer options for golfers at every skill level.

Your unforgettable trip to tropical paradise is only a connecting flight away out of Toledo Express Airport on an American Airlines flight through Charlotte, then connect to your choice of 22 Caribbean destinations. Book your flight today at AA.com!

Last month, the Toledo-Lucas County Port Authority and Maumee Assembly and Stamping celebrated the completion of the largest BetterBuildings Northwest Ohio (BBNWO) project at Maumee Assembly and Stamping, which totaled $3,523,657!

“This project represents the first comprehensive deep retrofit of an industrial manufacturing facility in the Toledo region,” said Paul Toth, President and Chief Executive Officer of the Toledo-Lucas County Port Authority.

Improvements made to the facility include the replacement of the HVAC system, the replacement of the roof in the main building, new LED lighting, and the installation of a new power factor. Maumee Assembly and Stamping is projected to see a 33 percent annual energy savings because of these upgrades!

“The financing strategy by BBNWO has preserved capital for new equipment and job creation at Maumee Assembly and Stamping while still being able to move forward with energy conservation projects,” said Travis Barta, Vice President of Operations of Maumee Assembly and Stamping. “BBNWO is a great program and other businesses need to see how they can work together to further promote Northwest Ohio as a leader in energy conservation.”

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings. Since its inception in 2010, the BBNWO program has provided more than $34 million in financing through the completion of over 150 projects throughout Northwest Ohio.

For more information on the BetterBuildings Northwest Ohio program, please click here.

The Port of Toledo serves as an iconic and important transportation hub in Northwest Ohio, importing and exporting many materials including grain, coal, cement, and petroleum, among others. This history of the Port is a rich one that begins in 1833 when the towns of Port Lawrence and Vistula merged to form Toledo.

At the time, both towns were ports on the Maumee River, and after the “Toledo War” between Michigan and Ohio ended, the towns officially united when Congress granted the Toledo area to Ohio. In the years following, a new age of growth emerged as Toledo proved to be a leader in transportation and was a transfer point between the agricultural West and the industrial East.

Toledo swiftly became one of the greatest transshipping ports on the Great Lakes, and still is to this day. Today, the Port of Toledo is the largest land mass and most cargo diverse seaport on the Great Lakes/St. Lawrence Seaway System.

Have you always wanted to tour of the Port of Toledo? Now is your chance! Visit tourtheport.com to take a virtual tour of the seaport right from your home or office.

For more information on the Port of Toledo, please click here. 

Historical information provided by A Brief History of the Port of Toledo by William C. Beckett.

Crane Development LTD, a local value-added commercial real estate investment and development company, acquired a vacant restaurant property at 614 Adams Street in 2015. This property opened on October 29, 2017 as local restaurant Fowl & Fodder’s second location.

While the building was under renovation to prepare for the opening, Crane Development LTD utilized the Toledo-Lucas County Port Authority’s BetterBuildings Northwest Ohio (BBNWO) program to finance $70,000 to replace the HVAC unit, install LED lighting and seal the building envelope. This is projected to produce more than 40 percent in annual energy savings.

“The program's zero down financing made it possible to revitalize a previously vacant, 130-year-old building,” said Matt Rubin, President and Chief Executive Officer of Crane Development LTD.

The BBNWO program’s goal is to make cost-effective energy practices and technology more accessible to individuals, businesses and governmental entities across Northwest Ohio, while also helping transform the way whole communities use energy. Through this program, owners of virtually every type of building are eligible for low-cost financing to pay for high-efficiency improvements to their facilities and building systems.

 “BetterBuildings Northwest Ohio is a must for developers and operators looking to improve historic properties in downtown Toledo and lower operating costs,” Rubin said. 

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing and projects benefit from an average of over 30 percent in energy savings.

Since its inception in 2010, the BBNWO program has provided more than $34 million in financing through the completion of over 150 projects throughout Northwest Ohio.

For more information on the BetterBuildings Northwest Ohio program, please click here.

 

 

The Great Lakes are an important natural resource that have impacted the economic, political, and social scope of not only Toledo, but the entire North American continent. The National Museum of the Great Lakes, located at 1701 Front Street in Toledo, Ohio, captures the incredible history of the Great Lakes and tells the story of these magnificent bodies of water through over 300 artifacts, audiovisual displays and 40 interactive exhibits.

The preservation of the history of the Great Lakes started in 1945 when a group of marine history enthusiasts established the Great Lakes Historical Society. They distributed a publication called Inland Seas to members of the new organization, a publication that continues to be published by the Society to this day. After years of modification and growth, The National Museum of the Great Lakes opened its doors in Toledo in 2014.

The museum is proud to offer a mixture of traditional historical elements, hands-on exhibits and interactive activities for all ages, as well as several special events. One interactive exhibit you can experience at the museum is the Life Raft from SS Edmund Fitzgerald. SS Edmund Fitzgerald sunk in Lake Superior in 1975, losing 29 crewmen. Two inflatable life rafts from the freighter floated to the surface of the wreckage and were recovered. The interactive exhibit in front of the life rafts allows you to take a submersible camera to the wreck site and investigate several theories behind the sinking, as well as navigate the wreck site.

Other exhibits that can be found at the museum include the ship wheel that steered the Tashmoo during its historic race with the City of Erie in 1901, the Col. James M. Schoonmaker Museum Ship, and the Niagara Frame, a frame that is remembered for the battle that was a major turning point in the War of 1812. 

Finishing second place in USA TODAY’s 10BEST Ohio Attractions contest, the National Museum of the Great Lakes is the place to visit if you are looking for something fun to do with the family this winter!

For more information, please visit http://www.inlandseas.org/

 

 

True Label Inc., a local label printing company, has been serving the pharmaceutical, consumer products, and chemical industries since 1995. The company prints and die-cuts over 100 million custom pressure-sensitive labels annually for over 60 customers!

Through the Toledo-Lucas County Port Authority’s Ohio Regional 166 Loan Program, True Label Inc. was able to finance $606,227 for the purchase of new label-printing equipment, which is necessary for the company to meet the demand of new orders. Furthermore, the addition of the new equipment will also result in the creation of four new jobs!

"The Toledo-Lucas County Port Authority has been a valuable partner of True Label's since we commenced operations in October of 1995,” said Bob Napierala, President of True Label, Inc. “To date, we have used their 166 loan program on three separate occasions to secure a low, ten-year fixed rate of interest to purchase the required equipment to meet the needs of our customers and grow our business.”

The Ohio Regional 166 Loan Program provides a low 3 percent interest rate financing for fixed asset purchases such as land, building and equipment for manufacturing, distribution, and wholesalers throughout Ohio.

 “I would highly recommend working with the Port to anyone who needs financing," Napierala said.

For more information on the Ohio Regional 166 Loan Program, please click here.

 

From beautiful hotels and restaurants to theater productions and tours of the city, Charlotte has everything you need to create the perfect romantic evening for you and your loved one, not just on Valentine’s Day, but whenever you are feeling romantic! Check it out and book your nonstop flight to Charlotte out of Toledo Express Airport at AA.com today! 

 

  1. Treehouse Vineyards

Visit this popular Charlotte vineyard on February 10th for the All You Need is Love and Wine Valentine’s Dinner to enjoy an elegant dinner, a glass of wine, dessert, and a live performance with the one you love! Space is limited. Get your tickets today!

  1. Charlotte Center City Carriage Tours

Grab your favorite blanket and a cup of coffee to go and take a relaxing tour of Charlotte in style on a horse-drawn carriage ride! Reservations are not required, but encouraged.

  1. Helicopter Charter of Charlotte

Let your love take flight and discover Charlotte above the city lights in a romantic helicopter charter!

  1. Daniel Stowe Botanical Gardens

Think outside of the (chocolate) box and take your loved one to the Daniel Stowe Botanical Gardens and take a stroll through the beautiful blooming orchids in the Orchid Conservatory. The conservatory is the perfect backdrop for cute photos!

  1. Charlotte Symphony

Let the talented musicians of Charlotte serenade you and your loved one this Valentine’s Day weekend with the peaceful classic tunes of the Charlotte Symphony.

Do you have Charlotte fever yet? Your unforgettable romantic trip is just one flight away and Toledo Express Airport can get you there on American Airlines. Book your flight today at AA.com!

 

On October 25, 2017, Toledo Public Schools announced it will expand its current aviation program at Toledo Express Airport by launching the Aerospace and Natural Science Academy of Toledo (ANSAT)!

The ANSAT will enroll students in grades 9-12 and will provide education to students who are interested in the fields of aviation and environmental science, sustainability and wildlife management. The decision to open the program is based on the demand from students and families in the area, as well as the future job market. The aviation industry anticipates a shortage of more than 113,000 aviation technicians over the next 15 years.

Currently, students who are enrolled at the TPS Aviation Center attend classes at both their high school and Toledo Express Airport. The ANSAT will allow students to study both their core curriculum and aviation and environmental science courses at the airport. Students who graduate from the TPS Aerospace program can earn a high school diploma, an FAA certified Aircraft and Power-plant (A&P) Mechanics Certification, and up to 30 hours of college credit though this program. The program has an outstanding track record of producing qualified aircraft maintenance technicians that are in high demand across the country.

 

The Toledo-Lucas County Port Authority Board of Directors voted on October 26, 2017 to lease the former Flight Safety International facility to Toledo Public Schools to accommodate the expansion of this program at Toledo Express Airport.

For more information, please visit http://www.tps.org/

 

 

John and Jodie Stone of Stone Family Enterprises located in Toledo, Ohio, were highlighted last month for utilizing the BetterBuildings Northwest Ohio (BBNWO) program to help finance building improvements to the Merit House Continuing Care Community.

In addition to BBNWO financing, Merit House also received a $1,022,000 Small Business Administration (SBA) 504 Loan from the Port Authority to make improvements to their care facility.

Improvements that were made under the SBA 504 loan include a new roof, boiler, paving, room remodels, and the addition of nurses' stations. Merit House started with 53 bedrooms in the facility, and with the help of the SBA 504 loan, 51 additional bedrooms were added, all of which are private rooms. The additional rooms are for patients who need nursing care assistance, but do not need around-the-clock care.

The Stones family has a history of over 25 years in the nursing home industry. When John and Jodie saw the opportunity to purchase a distressed facility in West Toledo, they accepted the challenge to revitalize the area while being able to follow their passion to provide quality care to area senior citizens. In addition, this project resulted in creating 16 new jobs.

“At the end of the day, the Port’s participation has been an essential piece of our project financing,” said John Stone. “Between the BetterBuildings program and the bulwark SBA 504 participation, the Port Authority has been a valued participant in financing the improvements associated with the Merit House Senior Community project.”

The Stones have seen a continual growth at their nursing care facility and anticipate the building will be at full occupancy by mid-January 2018.

For more information on the SBA 504 Loan Program, please click here.

Hale Performance Coatings, Inc., a family-owned third generation company, has been serving the Toledo Region manufacturing economy for 88 years. They provide services such as hi-tech micro-cleaning, which is used for medical robotic equipment and used in the food industry. They also provide electro-polishing of stainless steels, which is used in the medical robotic equipment, food and aerospace industries. In addition, black oxide laser etching for tool identifying for a variety of specialty industries.

Through the Toledo-Lucas County Port Authority’s BetterBuildings Northwest Ohio (BBNWO) program, Hale Performance Coatings, Inc. was able to finance $472,000 for the installation of a new primary service transformer and LED lighting, which is projected to generate $110,770 in annual energy savings!

The BBNWO program’s goal is to make cost-effective energy practices and technology more accessible to individuals, businesses and governmental entities across Northwest Ohio, while also helping transform the way whole communities use energy. Through this program, owners of virtually every type of building are eligible for low-cost financing to pay for high-efficiency improvements to their facilities and building systems.

“The financing that the Port Authority offered had been attractive to our company and allows for the payments to be added as a tax assessment on our winter and summer property taxes,” said Mike Deye, President of Hale Performance Coating, Inc. “This creates favorable options as the funds for this project did not compete with our desire to add on new equipment to expand and grow our business.”

For more information on the BetterBuildings Northwest Ohio program, please click here.

 

 

In June 2017, the Toledo-Lucas County Port Authority announced that Cleveland-Cliffs, formerly known as Cliffs Natural Resources Inc., will locate its first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. Last month, Cleveland-Cliffs released renderings of the new production plant.

Construction on this project is expected to begin in early 2018, with production of commercial tonnage of HBI beginning in mid-2020. Cleveland-Cliffs will receive more than two million tons of product, delivered by vessel, for the production of HBI, and has the potential to add 100 new vessel calls per year at the Port of Toledo. The finished product will ship from the facility via truck and rail.

Cleveland-Cliffs, the largest and oldest independent iron ore mining company in the United States, will lease approximately 100 acres on the east side of the Ironville site from the site’s terminal operator, Midwest Terminals of Toledo. Existing infrastructure and material handling capabilities on the site met the company’s requirements for its site selection process.

This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region!

For more information on Cleveland-Cliffs, visit www.clevelandcliffs.com

For more information on the Port of Toledo, please click here.

 

 

 

Dana Incorporated, Inc. celebrated the grand opening of its Toledo Driveline Facility at Overland Industrial Park on October 25, 2017! This 300,00 sq. ft. new high-tech axle manufacturing facility was built to support a number of new light-vehicle programs, including the Jeep Wrangler. This facility is anticipated to employ over 350 associates by 2020.

“We are very excited to celebrate Dana’s grand opening at Overland Industrial Park,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “With more than 350 new jobs in Toledo that will be filled within the next couple of years, Dana represents the type of job growth that we would like to continue to see in Northwest Ohio.”

In addition to Dana’s Toledo Driveline Facility, Detroit Manufacturing Systems has also leased a 132,000 sq. ft. facility on the site for its automotive Tier 1 supplier operation. The new facility has the potential to create up to an additional 220 manufacturing jobs to support Chrysler’s expanded Jeep Wrangler production. 

Since the Port Authority acquired the former Jeep Property in 2010, it has invested approximately $41 million to redevelop the site. However, the site is not done growing. There are currently multiple companies that have shown interest in locating at Overland Industrial Park, all of which have the potential to create more jobs in the region!

For more information on the new Toledo Driveline Facility, please click here.

 

Are you taking a family vacation this winter? We know the perfect destination! Check out these fun things to do in The Queen City this holiday season, and book your nonstop flight to Charlotte out of Toledo Express Airport at AA.com today! 

  1. Holidays at the Hall

This holiday season, the NASCAR Hall of Fame is decking the halls with boughs of fun at their outdoor ice skating rink, breakfast with Santa event, and tree lighting event. All of these events include festivities for all ages!

  1. Carowinds

Visit the magically transformed Carowinds winter wonderland for a fun-filled day of roller coasters, animatronic dinosaurs, shows, special events and more!

  1. Charlotte Christmas Village

Visit the village where European culture and fun collide! At this market, enjoy food such as German pastries, beer and wine, and other European-inspired goods from Thanksgiving Day to Christmas Eve!

  1. Holidays at the Garden

Spend an evening at the Daniel Snow Botanical Garden and enjoy live music, shopping, more than 600,000 lights illuminating the garden, s’mores and more!

  1. Speedway Christmas

Take a cruise down a 3.5 mile course at Charlotte Motor Speedway and enjoy holiday light displays! In addition, enjoy classic holiday movies, a petting zoo, photos with Santa, and more!

Do you have Charlotte fever yet? Your unforgettable family vacation is just one flight away and Toledo Express Airport can get you there on American Airlines. Book your flight today at AA.com!

In last month’s newsletter, RL Williams Concrete, a locally owned concrete company, was highlighted for receiving capital from the Port Authority’s Diversified Contractors Accelerator Program (DCAP) and its Toledo Microenterprise Development Initiative. By utilizing both of these programs, RL Williams Concrete was able to obtain working capital to publicly bid on construction projects, and was also able to purchase equipment.

The company recently approached the Port Authority for additional capital to bid on an upcoming construction project and was approved. However, RL Williams shortly thereafter realized utilizing DCAP for this specific project was not a necessity. RL Williams, who has utilized the DCAP program for five previous projects, was able to publicly bid on a construction project without the assistance of the Port Authority.

 “We created the Diversified Contractors Accelerator Program in 2010 with the hope that participants would one day no longer need our assistance,” said Paul Toth, president and CEO of the Toledo-Lucas County Port Authority. “When a participant is able to bid on a project without utilizing our program it shows their business is growing, and that was our goal when we created this program.”

DCAP has approved 20 projects totaling $735,000 in the last 18 months. This program’s financial support increases participation by Northwest Ohio based minority and women-owned contractors in publicly bid work and privately funded construction projects. Currently, DCAP has 51 participants.

In addition, the Toledo Microenterprise Development Initiative is a partnership between the Toledo-Lucas County Port Authority and the Economic Community Development Institute, or ECDI, that addresses the needs of aspiring entrepreneurs and small business owners in the creation and expansion of their businesses. The Port Authority assumed management of ECDI’s mircolending capabilities in northwest Ohio in January 2016, and over the last 24 months, eight loans have been issued totaling more than $245,000.

For more information on the Diversified Contractors Accelerator Program or the Toledo Microenterprise Development Initiative, please click here.

 

The Toledo-Lucas County Port Authority’s BetterBuildings Northwest Ohio (BBNWO) program’s goal is to make cost-effective energy practices and technology more accessible to individuals, businesses and governmental entities across Northwest Ohio, while also helping transform the way whole communities use energy. Through this program, owners of virtually every type of building are eligible for low-cost financing to pay for high-efficiency improvements to their facilities and building systems.

John and Jodie Stone of Stone Family Enterprises Merit House Continuing Care Community, located in Toledo, Ohio, recently utilized the BBNWO program to help finance building improvements to their care facility.

The Stones recently renovated the building and converted the unused nursing home into a combination care facility, offering both nursing care and assisted living apartment units. Originally, there were 55 nursing care rooms and 8 assisted living apartment units; however, with the assistance of BBNWO financing, the Stones were able to construct 43 additional, energy-efficient, assisted living apartment units. The Port financed the replacement of the roof and insulation, which will result in an energy savings of 41 percent. The newly remodeled units are all ADA compliant with upgraded modern interiors and private bathroom facilities.

BBNWO offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing for projects focusing on conserving energy and generating savings through energy efficiency retrofits. In the last two years, the program provided energy efficiency upgrades to 37 buildings, totaling more than $19 million in financing. These projects benefit from an average of over 30 percent in energy savings.

Since its inception in 2010, BBNWO has completed more than 140 PACE projects in 18 municipalities throughout nine Ohio counties.

For more information on the BetterBuildings Northwest Ohio program, please click here.

 

The Maritime Academy of Toledo (TMAT) has been providing traditional and specialized nautical education courses to children grades 5-12 since 2010.  

Now in partnership with Sea School, the premier maritime training school in the country, TMAT and the national Sea School organization opened a local adult naval education program in Toledo.

Located in The Port Authority Building at One Maritime Plaza, Sea School offers U.S. Coast Guard approved maritime training courses, and nationally educates 10,000 adults each year.

Students will learn naval topics that range from CPR/first aid and personal survival techniques to firefighting and auxiliary sail, and can be licensed as captains after completing training courses. Adults from all over the country will come to Sea School in Toledo consistently throughout the year for nautical education courses and will be housed in the school’s dormitories and local hotels.

“I am passionate about what TMAT does for many of their students, which is getting them jobs, on the water, upon graduation,” said Greg Kelly, Sea School’s Chief Executive Officer. “They have offered us key tools and accommodations that will be of great use to our mariners in continuing their education.”

Sea School has been in business nationally for over 37 years with convenient locations along the Eastern Seaboard, Gulf Coast, and the Caribbean.

For more information on Sea School, please click here.

 

On August 22, 2017, Toledo Express Airport celebrated American Airlines’ inaugural flight to Charlotte Douglas International Airport (CLT)!

This new, twice daily, air service is anticipated to increase total passenger traffic at the airport by as much as 30 percent, and represents a 66 percent increase in American Airlines’ capacity in the Toledo market. The new air service will also provide an economic impact of $15.4 million annually on the local economy according to a recent study conducted by the Center for Regional Development at Bowling Green State University.

“This historic inaugural flight provides Toledo area travelers with connectivity to American Airlines’ second largest hub, and to a multitude of worldwide destinations,” said Paul Toth, President and Chief Executive Officer of the Toledo-Lucas County Port Authority. “This flight also represents a significant commitment to the Toledo market by American Airlines and demonstrates the continued growth of the Toledo economy.”

A multitude of new domestic and international destinations will now be accessible from Toledo as a result of this service, including Paris, Rome, Washington D.C., Atlanta, and 22 destinations in the Caribbean. Check Toledo Express Airport for your next adventure! We can get you to Charlotte and beyond. Click here to book your flight today. 

Additionally, starting today and ending December 31, 2017, travelers who fly nonstop to CLT as their final destination or connect to an international destination through CLT or Chicago O’Hare International Airport (ORD) from TOL on American Airlines are eligible to receive free parking at TOL for the duration of their trip! This promotion ends December 31, 2017 Restrictions apply. Click here for more information!

            


 

Dredging, the process of removing materials from the bottom of a body of water, coupled with proper disposal of the dredged material, is critical to the long-term sustainability of both the Port of Toledo's industrial operations and the ecosystem of the Toledo Harbor.

Typically, approximately 950,000 cubic yards of silt and clay is dredged annually from the Port’s federal and non-federal channel. The Port of Toledo’s shipping channel extends seven miles along the Maumee River and an additional 18 miles into the shallow Western Basin of Lake Erie.

The State of Ohio passed legislation that prohibits dredged material to be put into Lake Erie after the year 2020. So, where will we put all this material? In 2010 the Ohio Lake Erie Commission received a $250,000 U.S. EPA Great Lakes Restoration Initiative grant that was sub-granted to the Toledo-Lucas County Port Authority to assist with developing a Toledo Harbor Sediment Management & Use Plan. The plan recommends the implementation of a combination of beneficial use options, including in-water and upland wetland restoration and shoreline protection areas, placement of dredged material onto improved agricultural fields, and development of products for landscaping or non-structural fill.

In addition, the Toledo-Lucas County Port Authority secured Ohio Healthy Lake Erie Funds (co-administered by ODNR and Ohio EPA) in 2014 to advance the beneficial use projects recommended in the plan. One resulting project is the design and construction of the Great Lakes Dredged Material Center for Innovation built on a former confined disposal facility owned by the City of Toledo.

This Center for Innovation functions as a location to accept dredged sediments and to demonstrate and analyze the feasibility and implementation of agricultural use management options, which include dewatering and planting test crops in the material. The Center allows for testing and analysis of edge-of-field treatment options and the establishment of a blended soil product production area where compost and other material can be mixed with dredged material to make engineered soils. The Center for Innovation provides a place for researchers, entrepreneurs, farmers, students and other interested parties to come together and gain a better understanding of the material and how it can be used in the community.

During the summer of 2016, 40,000 cubic yards of material were placed into the Center for Innovation. The Port Authority coordinated the placement of the material with the U.S. Army Corps of Engineers and their dredging contractor. An additional 40,000 cubic yards were placed in the facility in 2017 and are in the process of dewatering.

In addition to work at the Center for Innovation, the Port Authority is working with our partners to investigate how dredged material can be used to construct wetlands along Ohio’s North Coast. 

Click the video below for a tour of the dredging site. For more information on dredging at the Port of Toledo, click here.

 

 

 

Art Iron, a local, family-owned structural steel manufacturer, received financing through the BetterBuildings Northwest Ohio program to make energy-saving improvements to its building.

“We believe, especially in the plant, that we’re going to see a lot of productivity, quality and safety gains,” said Tom Walsh, CFO of Art Iron, Inc.

While still in progress, it is anticipated that Art Iron will see an energy savings of 74 percent through its lighting upgrades and 41 percent in its HVAC improvements.

BetterBuildings Northwest Ohio (BBNWO) offers competitive fixed-rate Property Assessed Clean Energy (PACE) financing for projects focusing on conserving energy and generating savings through energy efficiency retrofits. In the last two years, the program provided energy efficiency upgrades to 22 buildings, totaling more than $7.1 million in financing. These projects benefit from an average of over 20 percent in energy savings.

Since its inception in 2010, BBNWO has completed more than 131 PACE projects in 15 municipalities throughout eight Ohio counties.

For more information on the BetterBuildings Northwest Ohio program, please click here.

 

RL Williams Concrete LLC, a locally owned concrete company, received access to capital from the Port’s Diversified Contractors Accelerator Program (DCAP) for five projects, and one Toledo Microenterprise Development Initiative microloan for working capital and equipment purchases!

“The DCAP program helped me pay my employees weekly,” said Charles Williams, owner of RL Williams Concrete. “As long as I put the Port Authority on the job, they provided me with all the funding I needed.”

Through financial support from the Port Authority, University of Toledo, and Promedica, DCAP has approved 21 projects totaling $920,000 in the last 18 months. This program’s financial support increases participation by Northwest Ohio based minority and women-owned contractors in publicly bid work and privately funded construction projects. Currently, DCAP has 51 participants.

In addition, the Toledo Microenterprise Development Initiative is a partnership between the Toledo-Lucas County Port Authority and the Economic Community Development Institute, or ECDI, that addresses the needs of aspiring entrepreneurs and small business owners in the creation and expansion of their businesses. The Port Authority assumed management of ECDI’s mircolending capabilities in northwest Ohio in January 2016, and over the last 18 months, eight loans have been issued totaling more than $245,000.

“It was better going through the Port Authority than going through a bank,” Williams said.

For more information on the Diversified Contractors Accelerator Program or the Toledo Microenterprise Development Initiative, please click here.

 

The Toledo-Lucas County Port Authority has a continued commitment to promoting growth in the region and moving the Toledo area community forward, and one of the ways this is accomplished is through the Community Economic Development Initiative (CEDI).

CEDI is a grant and loan program that provides capital to eligible, neighborhood-based organizations, allowing them to take on economic development projects.

The Port Authority recently awarded a grant for $35,000 to Compassion Health Toledo, a 501(c)(3) organization formed to provide compassionate, free or low cost, primary health care and OB/GYN services to low to moderate income individuals and families. Compassion Health Toledo has renovated space at the former South Toledo Public Library located on Broadway Street to create its new medical clinic, creating an additional 8 to 12 jobs! 

The new facility provides primary health care services, OB/GYN care services, patient health education services, social work services, diagnostic and ancillary referral networks, mental health care services in collaboration with the Zepf Center, and dental care in collaboration with the Lucas County Department of Health. It is anticipated the clinic will provide medical services to over 15,000 people per year!

In 2017, CEDI has funded a total of 7 projects totaling more than $300,000! For more information about the Community Economic Development Initiative, please click here.

Are you planning a vacation? Whether you are in the mood to relax on the water, cheer on Charlotte’s favorite minor league baseball team, expand your historical knowledge, or be serenaded by a musical production, Charlotte, North Carolina is the place for you! 

Charlotte has an adventure for everyone, and Toledo Express Airport can get you there on a non-stop flight on American Airlines! Take a look at these 10 must-see attractions that will be sure to get you on the first plane there.

  1. Lake Norman

Whether you want a relaxing and peaceful vacation, a hip and happening vacation, or both, Lake Norman is calling your name! Fishing, fine dining, shopping, hiking and sailing are just a few of the many activities you can experience! 

Photo from Todd Hill Realty Executives

  1. BB&T Ballpark

Be sure to add BB&T Ballpark to your family vacation itinerary to cheer on the Charlotte Knights, Charlotte’s favorite minor league baseball team!

Photo from Charlotte Agenda 

  1. Hamilton

The show that captivated the nation will be visiting Charlotte in 2018.  “Hamilton” is the Broadway version of the life of Founding Father Alexander Hamilton, as written by Lin-Manuel Miranda.  Be sure to get your tickets as soon as they become available – they’ll sell out quickly!

Photo from Blumenthal Performing Arts

  1. Beer Tours

With over 60 breweries in the Charlotte area, there is something special for every taste preference. Several tour companies have created brewery tours that will allow you to learn the brewing process and sample some of Charlotte’s best!

Photo from Queen City Party Charters 

  1. Harry Potter at the Symphony

Anyone who wishes to escape the muggle world should head to the Queen City this fall for some Harry Potter fun! In September, the Charlotte Symphony will be playing selections from The Sorcerer’s Stone, The Chamber of Secrets and The Prisoner of Azkaban, and for a weekend in October, the Symphony will be performing all the music from Harry Potter and the Sorcerer’s Stone!

Photo from Charlotte Symphony

  1. NASCAR Hall of Fame

Have you ever dreamed of driving a race car? Now is your chance! Racing simulators, interactive exhibits, and special events are just a few of the many attractions you can experience here!

Photo from Autoweek

  1. Southern Sauce

Do you love southern barbeque? Bring your appetite to Charlotte this September and sink your teeth into some of the finest barbeque the South has to offer, prepared by the best competitive grilling teams!

Photo from Charlotte’s Got A Lot

  1. Winston Churchill and the Second World War Tea

Are you a World War II buff?  This special tea and lecture might just be the ideal way for you to end your weekend getaway in Charlotte! Hosted by the Charlotte Museum of History, delve into the life and career of one of the most prominent names from the twentieth century.

Photo from Deviant Art 

  1. Discovery Place

Experience the place where science is brought to life. Be lifted in the air by a vacuum-powered air chair, explore and touch live aquatic species, and even lie on a bed of nails! An adventure for all ages, Discovery Place is a great stop on your family vacation.

Photo from Discovery Place

  1. Carowinds

Visit Charlotte’s world-famous Carowinds amusement park for a fun-filled day of roller coasters, animatronic dinosaurs, shows, special events and more!

Photo from Discover South Carolina

Do you have Charlotte fever yet? Your unforgettable Charlotte vacation is just one flight away and Toledo Express Airport can get you there on American Airlines starting August 22, 2017. Book your flight today at AA.com!

 

On July 25, 2017, Cleveland-Cliffs Inc. Chairman, President and CEO, Lourenco Goncalves, Toledo-Lucas County Port Authority President and CEO, Paul Toth, and elected officials shared details on the new HBI production plant that is scheduled to begin construction in the winter of 2017/2018.

Goncalves said Cleveland-Cliffs Inc. chose Ironville to locate this plant because of its proximity to raw materials, the availability of natural gas fuel for its process, and Toledo’s phenomenal port.

Goncalves said that it is as if this property was waiting for Cleveland-Cliffs Inc. Toth said prepping the location took years and a $25 million investment.

“As you look around and see communities that have reinvented themselves, this is really a part of what we see happening on the east side" Toth said.

This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region.

Cleveland-Cliffs Inc. will receive more than two million tons of product delivered by vessel for the production of HBI, and has the potential to add 100 new vessel calls per year at the Port of Toledo. The finished product will ship from the facility via truck and rail!

For more information on Cliffs, visit http://cliffsnaturalresources.com

For more information on the seaport, please click here.

In August 2016, the Port Authority and Overland Industrial Parkway Two, LLC announced the construction of Detroit Manufacturing Systems’ (DMS) 130,000 square foot Tier 1 Automotive Manufacturing and Assembly Facility at Overland Industrial Park.

Since the announcement, the Toledo-Lucas County Port Authority was successful in securing an allocation of New Markets Tax Credits to support the development of this project, which is located in a highly distressed low income community.

The construction of the project was funded through various financing sources consisting of:

  • The issuance of $3 million in bond financing from the Port Authority’s ‘A-’ rated Northwest Ohio Bond Fund Program
  • $500,000 direct loan from the Lucas County Builds Fund
  • $500,000 direct loan from the Toledo-Lucas County Port Authority
  • Funding from proceeds of a $9 million New Markets Tax Credit sub-allocation from Ohio Community Development Finance Fund
  • Equity injection from Overland Industrial Parkway Two, LLC

It is anticipated that DMS will create 130 new jobs for the Toledo Region.

The Port Authority's redevelopment of Overland Industrial Park continues into the summer! Take a look at the progress being made to Dana Holding Corporation Axle Manufacturing Facility and Detroit Manufacturing Systems.

 

The Port Authority’s BetterBuildings Northwest Ohio (BBNWO) program was established to help building owners save on energy costs, while increasing the value of their investment.

Through BetterBuildings, owners of virtually every type of building are eligible for low-cost financing to pay for high-efficiency improvements to their facilities and building systems. The goal is to make cost-effective energy practices and technology more accessible to individuals, businesses, organizations and governmental entities across Northwest Ohio, while also helping transform the way whole communities use energy.

In June 2017, Monclova Township Trustees unanimously supported a petition by the City of Toledo and the Toledo-Lucas County Port Authority to join the Northwest Ohio Advanced Energy Improvement District (NWOAEID). Monclova Township’s decision to join NWOAEID provides businesses within the township the opportunity to apply for BBNWO funding for qualified energy efficiency improvements. Other participants in NWOAEID include Toledo, Oregon and Maumee, and Springfield and Swanton Townships.

Monclova Township’s first NWOAEID project consists of the installation of a new terminal roof at Toledo Express Airport. The existing 75,000 square foot roof is nearly 30 years old and needs to be replaced. The energy savings for the new roof are expected to be more than 20 percent annually. Construction on the project will begin this fall and should be complete by spring 2018. 

For more information on BetterBuildings Northwest Ohio, click here.

The Port Authority recently approved a loan through its Community Economic Development Initiative (CEDI) for $150,000, requested by the Northwest Ohio Advanced Energy Improvement District, to support a pilot residential Property Assessed Clean Energy (PACE) financing program. Operated in partnership with the Home Heritage Program of the Lucas County Bank and Columbia Gas, this pilot program will allow homeowners to apply for financing of energy efficiency improvements to their homes, which will be repaid through a special assessment placed on their property.

Eligible projects may include energy efficiency improvements such as HVAC, boilers, lighting, insulation, hot water tanks, and windows.

This residential initiative will support the Land Bank’s pilot program “RISE” (Rebuild Invest Stabilize Engage) in neighborhoods that are considered “tipping point” due to recent increases in vacant houses. If the RISE pilot is successful, this residential initiative will soon be available to all eligible homes in Lucas County!

For more information about this program, please click here.

 

Attention all sun seekers, international adventurers, and domestic travelers!

Starting on August 22, 2017, American Airlines will be launching new twice daily non-stop service between Toledo Express Airport (TOL) and Charlotte Douglas International Airport (CLT), but the adventure does not stop at Charlotte!

Are destinations such as Dublin, Cancun, St. Thomas, or Charleston on your bucket list? Toledo Express Airport can get you there from one of the almost 200 connecting flights from the Queen City!

American Airlines offers connecting flight options to 22 Caribbean destinations including Cancun, Grand Cayman, St. Thomas, Aruba, and Montego Bay; six European destinations including Dublin, Paris, Rome, London; and 170 domestic destinations including Charleston, Raleigh, Nashville, Savannah, and Washington D.C. directly from Charlotte!

“This service is a testament to the continued growth of the local economy and American’s belief in this region,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority.

Charlotte Douglas International Airport is the second largest hub in the American Airlines network and the third largest airline hub in the world, with more than 650 daily departures to over 150 destinations in 24 countries.

Check Toledo Express for your next adventure! We can get you to Charlotte and beyond. Click here to book your flight today!

On June 15, 2017, the Toledo-Lucas County Port Authority announced that Cliffs Natural Resources Inc. (NYSE: CLF) will locate its first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region.

This project was made possible due to partnerships between the Port Authority, JobsOhio, Midwest Terminals of Toledo, City of Toledo, Lucas County, Regional Growth Partnership, and the Ohio Rail Development Commission.

“We are excited to add to the already substantial economic impact the Port of Toledo has on this region,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority. “We acquired Ironville with the intention of locating a large-scale industrial user on the site who required marine and rail capabilities, and we truly feel this project is the perfect match for the remaining portion of the site.”

Cliffs Natural Resources Inc., the largest and oldest independent iron ore mining company in the United States, will lease approximately 100 acres on the east side of the site from the terminal operator, Midwest Terminals of Toledo. Existing infrastructure and material handling capabilities on the site met the company’s requirements for its site selection process.

Construction on this project is expected to begin in early 2018, with the production of commercial tonnage of HBI beginning in mid-2020. Cliffs Natural Resources Inc. will receive more than two million tons of product, delivered by vessel, for the production of HBI, and has the potential to add 100 new vessel calls per year at the Port of Toledo. The finished product will ship from the facility via truck and rail!

For more information on Cliffs, visit http://cliffsnaturalresources.com

For more information on the seaport, please click here.

Did you know the Toledo-Lucas County Port Authority offers a wide range of financing from $500 to $50 million to assist growing businesses? 

In 2016, Meyers Auto Wash secured two SBA 504 loans in the amount of $864,000 to assist with the development of its new location on Central Park West in Toledo.

The Port Authority has developed a national reputation for innovative business financing, assisting over 575 economic development projects representing a total investment of more than $2 billion while helping create and retain over 19,000 jobs.

The Central Avenue location is the company’s second car wash in Toledo. Meyers Auto Wash, home of Ted the Turtle, is a locally owned premier express auto wash.

“Without the loan we could not have added the second location,” said Mark Meyers, owner of Meyers Auto Wash. “The second thing it really did most was it helped us with a guaranteed interest rate that was fixed, so it enabled us to plan our expenses better and operate under a better financial guideline of costs and structure.”

In the last 18 months, the Port Authority has approved 13 SBA 504 and Ohio Regional 166 loans totaling $3.9 million and has closed 20 loans totaling more than $716,000.

For more information on the Port’s financing programs, please click here.

The Port Authority's redevelopment of Overland Industrial Park continues into the summer! Take a look at the progress being made to Dana Holding Corporation Axle Manufacturing Facility and Detroit Manufacturing Systems. 

Last month, Swanton Township Trustees unanimously supported a petition by the City of Toledo and the Toledo-Lucas County Port Authority to join the Northwest Ohio Advanced Energy Improvement District (NWOAEID). Swanton Township’s decision to join NWOAEID provides businesses within the township the opportunity to apply for BetterBuildings Northwest Ohio (BBNWO) funding for qualified energy efficiency improvements. Other participants in NWOAEID include Toledo, Oregon, Maumee and Springfield Township.

“Swanton Township’s decision to join the Northwest Ohio Advanced Energy Improvement District provides a lot of opportunities for Swanton businesses,” said Paul Toth, President and CEO of the Toledo-Lucas County Port Authority.

Swanton Township’s first NWOAEID project consists of the replacement of lights in the One Air Cargo building at Toledo Express Airport, which Tronair will occupy. The new lights will save up to 70 percent of lighting costs with a payback of less than three years.

   One Air Cargo Before NWOAEID Project   

One Air Cargo After NWOAEID Project 

Funding for this project was provided by the Toledo-Lucas County Port Authority through its BBNWO program. BBNWO offers attractive commercial financing at competitive interest rates with terms up to 15 years for projects that focus on conserving energy and generating savings through equipment retrofits to existing facilities. Financing is structured so that the repayment of debt is made through placement of a special assessment on the tax bill of the property where improvements are being made. Energy efficiency project sizes range from $25,000 to over $5 million in project costs.

Since its inception in 2010, BBNWO has completed more than 115 PACE projects in 11 municipalities throughout six Ohio counties.

For more information on the BetterBuildings Northwest Ohio program, please click here.

Did you know the Toledo-Lucas County Port Authority awards grants and loans to 501(c)3 nonprofit organizations?

The Community Economic Development Initiative or C.E.D.I. is a grant and loan program that provides capital to eligible, neighborhood-based organizations, allowing them to take on economic development projects.

The Port Authority recently provided a $35,000 grant to the Cherry Street Mission Ministries to construct a commercial kitchen at its Life Revitalization Center. This project will help the Mission expand current food service operations to serve more than 1.5 million meals in the community, and will also provide critical job training skills in the culinary arts.

“The significant thing that I believe the Port Authority has done for us is they have helped us envision an actual new behavior and delivery system with respect to how meals are thought about in our community,” said Rev. Dan Rogers, Cherry Street Mission Ministries President & CEO.

Over the last 18 months, the program has funded a total of 20 projects totaling more than $716,000.

For more information about the Community Economic Development Initiative, please click here.

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