Port Authority Receives $16 Million Port Infrastructure Development Grant from MARAD
TOLEDO, Ohio, February 14, 2020 – The Toledo-Lucas County Port Authority received today a $16 million grant awarded through the United States Maritime Administration (MARAD) Infrastructure Development Grant Program. These grant funds will allow the Port Authority to reconstruct and upgrade the dockwall at the Port of Toledo’s General Cargo Dock, operated by Midwest Terminals, and will also be used to construct a liquid transloading facility at the site.
Posted on Friday, February 14, 2020
TOLEDO, Ohio, February 14, 2020 – The Toledo-Lucas County Port Authority received today a $16 million grant awarded through the United States Maritime Administration (MARAD) Infrastructure Development Grant Program. These grant funds will allow the Port Authority to reconstruct and upgrade the dockwall at the Port of Toledo’s General Cargo Dock, operated by Midwest Terminals, and will also be used to construct a liquid transloading facility at the site.
“This grant will allow us to continue to improve and modernize a valuable asset in Northwest Ohio,” said Thomas J. Winston, President and CEO of the Toledo-Lucas County Port Authority. “Our existing dockwall has served us well since the late 1950s; however, it has exceeded its useful life and is deteriorating. These funds will allow us to address this critical component of our seaport’s infrastructure positioning the facility to serve vessels from around the world for decades to come. The grant funds will also allow us to pursue new business related to the transfer of liquids between transportation modes at the seaport.”
An additional $4 million local match will be added to the $16 million grant to fund both components of the $20 million project, which are part of a ten-year master plan to upgrade current connections from multi-modal to an integrated intermodal port transportation network.
Letters of support for this grant were received from U.S. Senator Sherrod Brown; U.S. Senator Rob Portman; U.S. Congresswoman Marcy Kaptur; U.S. Congressman Bob Latta; Lucas County Commissioner Tina Skeldon Wozniak, Lucas County Commissioner Pete Gerken and Lucas County Commissioner Gary Byers; City of Toledo Mayor Wade Kapszukiewicz; the Ohio Department of Transportation; the American Great Lakes Ports Association; the St. Lawrence Seaway Management Corporation; Cleveland-Cliffs, Inc.; CSX Transportation, Inc.; and the Toledo Metropolitan Area Council of Governments.
About the Port of Toledo
The Great Lakes St. Lawrence Seaway System marine shipping industry supports nearly 238,000 jobs in the U.S. and Canada and generates $35 billion in economic activity. The System moves 143.5 million in metric tons of cargo annually. The Port of Toledo supports $669 million in economic activity and more than 7,000 jobs in our region.
The mission of the Toledo-Lucas County Port Authority is to develop expertise and assets that drive and grow the region’s transportation and logistics infrastructure and its economic prosperity for all.
www.toledoport.org – 419.243.8251