Port Authority Receives $7 Million Maritime Assistance Program Grant from Ohio Department of Transportation
Toledo-Lucas County Port Authority
The Toledo-Lucas County Port Authority is a recipient of a $7 million grant awarded through the Ohio Department of Transportation’s (ODOT) Maritime Assistance Program (MAP). These grant funds will allow the Port Authority to purchase a new bulk material conveyor system at the Port of Toledo’s general cargo facility, operated by Midwest Terminals of Toledo. The grant will also provide additional funding for the terminal’s ongoing dock wall rehabilitation and liquid transloading project, which has been impacted by recent increases in material and labor costs.
“We are grateful our partners at the Ohio Department of Transportation see the value in helping us improve and modernize a valuable asset in Northwest Ohio,” said Thomas J. Winston, President and CEO of the Toledo-Lucas County Port Authority. “With the acquisition of the new material conveyance system, we will have the ability to move product much more efficiently throughout the terminal complex, including moving various weather sensitive material directly into dry warehouse storage.”
The funding received from the Maritime Assistance Program will be matched with federal funds obtained through the U.S. Maritime Administration’s Port Infrastructure Development Grant Program. Since the inception of the ODOT MAP in 2020, the Toledo-Lucas County Port Authority has been awarded over $17 million through the state program leveraged by $16 million in federal funding.
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
The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.read more
Louis Dreyfus Company (LDC), a leading merchant and processor of agricultural goods, announced plans for its state-of-the-art soybean processing facility to be located in Wyandot County, Ohio. The project will bolster the region’s economic growth in the critical food and agriculture sector. LDC’s facility will be located just outside of the City of Upper Sandusky; it’s first location in the State of Ohio.read more
The Ohio General Assembly, in its budget bill (HB33) approved July 3, 2023, authorized up to $750 million in state budget resources to the All Ohio Future Fund (R.C. 126.62). The fund is to be used for infrastructure to compete for — and win – more sizeable economic development projects such as the Amazon, Honda-LG, and Intel megaprojects that Ohio landed in recent years.read more