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Economic Development via The Port of Toledo

Western Lake Erie Basin Partnership Leadership

Committee Meeting

April 14, 2010

Joe CappelDirector of Cargo

Development

Agenda

Great Lakes Navigation System: Economic Strength to the Nation

Port of Toledo Impact The Impact of Stimulus Funding and the

Benefit to Our Region Strategic Initiatives

GLNS: Economic Strength to the Nation

10% of all U.S. waterborne domestic traffic is on the GLNS

GLNS saves approx $3.6 billion per year over the next least costly mode of transportation

44,000 jobs directly related to maritime transport; 54,000 mining industry jobs; 138,000 steel industry jobs and hundreds of thousands more in agriculture, automotive, and manufacturing depend on the GLNS

One thousand-foot Laker holds 3000 truckloads Ships emit 90% less carbon dioxide than truck and

70% less than rail

Port of Toledo Impact

15 Marine Terminals handle over 700 vessel calls and 12 million tons of cargo per year. Thousands of jobs rely on the industry supported by the Port of Toledo

Majority of trade with US and Canadian Seaports within the GLNS. Port also trades with ports in Mexico, South America, Europe and Asia

Up to 20 vessels lay-by in Toledo each year generating millions of dollars of economic activity for shipyard workers and supply industries

Port of Toledo is the largest land mass port on the Great Lakes and the most cargo diverse.

The Impact of Stimulus Funding

Yes, it’s creating a national deficit…

However, it’s also creating significant advantages for our region…

Over $35 Million in Public and Private investments are going into the Port of Toledo

Port of Toledo – Seaport Improvements

George Hardy DriveRail Spur

Ironville Rail Loop

Rail Loop

Bulk Loader

Cranes

St. Lawrence Drive

Facility 1

Ironville

Heidtman Steel

Beazer

Ship Yard

Facility 3

Facility 2

Island 18

Dock Improvements

Grain Handling System

Lay Down Area

Port of Toledo – Ironville Terminal

$350,000 - TMACOG ARRA TIP Dry Bulk Shiploading

Conveyor

Port of Toledo – Ironville Terminal

$7.5 Million - Ohio Logistics and Distribution Public Grain Transfer and Delivery System

$5 Million - Ohio Job Ready Site Program Dockface/Paving/Rail/Dredging/Obstruction Removal

Port of Toledo – Toledo Shipyard

$400,000 - ARRA Stimulus Funding Addition of Rail Spur

to connect Shipyard to Norfolk Southern.

Rail Spur

Port of Toledo – General Cargo

$6.8 Million - ARRA Stimulus Funding Replace 2 1940’s era cranes with 2 mobile harbor cranes

$4 Million - ARRA Stimulus Funding Replace 1 1940’s era crane with material handler

$73,492 - DERG Grant through OEPA Replace Generator Set in Little Lucas Crane

Port of Toledo – General Cargo

$4.2 Million - ARRA Stimulus Funding Realignment/Reconstruction of

St. Lawrence Drive

$1.17 Million - TMACOG ARRA TIP Reconstruction of George Hardy

Drive $6.4 Million - ARRA Stimulus Funding

Repair and Enhancement of the On-Dock Rail

George Hardy Drive

$1.17 Million - TMACOG ARRA TIP Reconstruction of George Hardy

Drive $6.4 Million - ARRA Stimulus Funding

Repair and Enhancement of the On-Dock Rail

George Hardy Drive

On-Dock Rail Improvements St. Lawrence Drive

Relocated

Port of Toledo – Beazer

$2 Million – CORF Grant Site Clean-Up and Redevelopment

So, How did we do it…?

We have great partnerships with our terminal operators

We worked steadfastly with our elected officials at the city, county, state and federal levels

Stimulus programs were geared toward transportation infrastructure

Ohio took the lead on making multi-modal investments with transportation funds

But…

Investments in infrastructure & economic impact won’t matter unless Toledo’s dredging issues are addressed with sustainable solutions considering the needs of industry, community and environment

If we can work together to address the needs of commerce and the environment we will achieve great things!

Increasing and Diversifying Cargo Development through the Port of Toledo

Develop Waterfront Properties to Provide Access to Multi-Modal Freight and Development Opportunities Ironville Docks – 182 acres Former Toledo Coke Property – 54 acres Former Interlake Iron Property – 46 acres

Support the acquisition and construction of flexible cargo handling facilities and equipment

Implement 10-Year Master Plan for the Seaport including connection to other regional transportation initiatives

Implement Short Line Rail to Increase Efficiency and Cost Competitiveness of the Port of Toledo

Implement Container Service at Port of Toledo

Develop and Acquire Strategic Properties to Promote the Expansion of the Seaport, Airports and our Community Economic Development Opportunities

Purchase and Redevelop Strategic Brownfield Properties in Northwest Ohio Former Jeep Site Former Chevron Site Former Toledo Coke

Property Develop Wind Energy

and/or Solar Farms in the Port of Toledo at Facility 3

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Thank You

Joe Cappeljcappel@toledoportauthority.org