Original news was published on 05 February,2015
The Port of Indiana-Jeffersonville handled over 2.4 million tons of cargo in 2014, surging 48 percent over results from the previous year. This was the first time annual shipments exceeded 2 million tons in the port’s 29-year history.
The 2014 total was 464,000 tons higher than the previous record set in 2006. In particular, steel volume increased 72 percent over 2013.
“We also had tremendous growth in the port’s ‘steel campus’ in 2014 as five companies announced over US$50 million of new investments related to steel processing,” Ports of Indiana CEO Rich Cooper said in a statement.
In 2014, Mill Steel Co., of Grand Rapids, Mich., opened a new flat-rolled steel service center at the port as part of its expansion of an existing 105,000 square foot facility at the port. The Diez Group, part of Delaco Steel of Dearborn, Mich., and Louisville’s Steel Technologies began a new joint-venture operation at the port, Delaco Kasle Processing of Indiana. The new operation will expand the former venture’s 120,000-square-foot facility to 226,000 square feet and process aluminum, steel coils and blanks for the automotive, appliance and agricultural industries. Voss Clark, Steel Dynamics and Metals USA also made major investments to accelerate line speeds, increase capacity and improve high-strength steel processing. The port now has 13 steel-related businesses located on its steel campus.
The Port of Indiana will soon get a boost from the opening of the US$$2.6 billion Louisville Southern Indiana Ohio River Bridges project.
“When the new interstate bridge opens in 2016 just a mile away, this port will have significantly improved access to new markets in the region stretching from Louisville and Cincinnati to Lexington and Nashville,” Port Director Scott Stewart said.
The Port of Indiana now has 28 companies and 325 acres of industrial sites available for multimodal transports, including river and rail. The port offers year-round barge service to more than 20 states and ocean vessels in the Gulf of Mexico, as well as rail service provided by CSX, Louisville-Indiana Railroad and onsite switching operations by MG Rail.
*NEWS SOURCE
