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Port of Toledo gets $4.7 million grant

Posted: Tuesday, Aug 26th, 2014

TOLEDO ó In the past, the Yaquina Bay area has lost big paying boat jobs to shipyards elsewhere just because it didnít have the capacity to lift out larger vessels in a timely manner.

But thatís going to happen much less often with the Port of Toledo receiving a $4.7 million Connect Oregon V grant that will help make its $6.2 million boatyard haul-out expansion a reality.

Along with more business and money staying local will also come new jobs.

The project will support about 170 new positions statewide, with roughly 50 of those local, according to Port Manager Bud Shoemake.

The port received final approval from the Oregon Transportation Commission on Friday and joins 35 other state projects in receiving more than $40 million in funding. The port received an abundance of local support from individuals and groups to get to this point, including Toledo Mayor Ralph Grutzmacher, the Lincoln County Commissioners, the Port of Newport, fishermen, marine services and Oregon State University.

For the complete article see the 08-27-2014 issue.

Click here to purchase an electronic version of the 08-27-2014 paper.

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