Wolf Administration Announces New State Investments to the Port of Erie
October 05, 2018
Erie, PA – Today, Governor Tom Wolf announced $2.7 million in new state investments to the Erie Western PA Port Authority designed to spur economic development through the Port of Erie. This award elevates the Department of Transportation’s three-year commitment to the Port of Erie to $11,589,000, which features a $6,737,750 grant award to Donjon Shipyard and Repair.
“These investments reflect my administration’s commitment to spurring the ongoing revitalization efforts in Erie and the growth of its economy,” Governor Wolf said. “We want to work closely with the Erie region to support its vision for future growth.”
The funding will be utilized for multiple projects, which continue to support the maritime economy in northwestern Pennsylvania. Highlighted projects include $1,600,000 for the reconstruction of the northern seawall on East Dobbins Landing, $350,000 toward a new mobile crane and $90,000 for a road salt pad expansion at the terminal. The most recent investments were made possible through PennDOT’s Multimodal Transportation Fund.
Freight is an important economic generator for any region. Moving freight by truck, rail, and waterway allows businesses to accept raw materials for production and get finished products to customers. Quick and efficient transport of freight is the backbone of many local, regional, state, and national economies.
“Erie’s port plays an important role in the state’s commerce and goods movement,” Department of Transportation Secretary Leslie S. Richards said. “This is another example of how transportation investment supports jobs and stimulates local economies.”
The economic impacts generated by marine cargo activity in Erie, including U.S. domestic commerce, Canadian domestic commerce, and international traffic include industry, supported 757 jobs. Additionally, the direct business revenue associated with marine activity in Erie exceeds $63.6 million, $49.6 million in direct and indirect wages and generation of state taxes in the amount of $5.1 million annually as outlined in the July 2018 Economic Impact Study commissioned by the Erie Western PA Port Authority.