This story was originally published in St. Louis Business Journal on August 31, 2017.
By Steph Kukuljan| bizjournals.com
“America’s Central Port faced a challenging fiscal 2017 in which the Granite City port lost Fairfield Processing, a major tenant, and encountered unexpected costs that included a $500,000 rehab project and construction of the Granite City Terminal office at $140,000, according to minutes from a June budget meeting.
But two new tenants, Gateway Legacy and Celta, will open at the port in fiscal 2018, and Executive Director Dennis Wilmsmeyer said the port is highlighting new construction to attract manufacturers with aging infrastructure. America’s Central Port also is expected to receive a $713,000 grant it won from the U.S. Department of Transportation Maritime Administration last year to establish an 18-month container-on-barge shuttle pilot program. That grant agreement is in negotiations currently, he said…”Read More