Port Authority Opportunities @ Toledo


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Investors, come invest in Toledo with us. We have many profitable projects and development opportunities. Here are few more by Lucas County Port Authority. Contact me at Koray@ergur.com
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Port Authority Opportunities @ Toledo

  1. 1. Toledo, OhioProperty Details
  2. 2. Presentation Overview Toledo-Lucas County Port Authority Profile Government Support for Available Property Foreign Trade Zone 8 Location Highlights of Northwest Ohio Market Characteristics Developable Property  Toledo Express & Metcalf Field  Ironville Docks  Jeep Parkway
  3. 3. Toledo-Lucas CountyPort Authority Overview Public body that operates as a business but is subject to public disclosure and transparency Governed by a 13-member board of directors 50 employees Operates Toledo Express Airport, Toledo Executive Airport and the Port of Toledo (seaport) Financing Portfolio includes:  Fixed Interest Rate Bonds  Stand-Alone Bonds  Small Business Association (SBA) 504 Loans  Ohio 166 Loans
  4. 4. About AvailableProperties All are Government Owned Properties Government will be flexible on terms depending on the economic impact – Job Creation and Capital Investment All are available immediately or within the next 18 months All property reside in Foreign-Trade Zones
  5. 5. Foreign-Trade Zone 8 The FTZ provides the ability to defer, reduce or even eliminate U.S. Customs duties on products admitted to the zone. Prospective buyers may be given the opportunity to see samples of goods stored in the FTZ. If the goods being imported are subject to a quota, the goods may be stored in the FTZ pending the issuance of additional quota allocations. Imports may be admitted and held in a foreign-trade zone without paying U.S. Customs duties. Duties are never paid on merchandise exported from a zone. Duties are reduced or eliminated on materials that are defective, damaged, or obsolete. Spare parts may be stored, returned, or destroyed without duty payment. Delays in Customs clearances and duty drawback are eliminated. U.S. Quota restrictions are different for merchandise admitted to FTZs. Although quotas will apply when the merchandise is entered into U.S. commerce, quota merchandise may be stored in a FTZ so that when the quota opens, the merchandise may be immediately shipped to the U.S. customers. Merchandise may be stored in a FTZ for an indefinite period of time. The storage time limits imposed on bonded warehouses are not applicable to FTZs.
  6. 6. Northwest OhioHalf the population of the U.S. isaccessible within one-day drive Multi-Modal Connectivity Rail – Norfolk Southern (NS), CSX, and Canadian National (CN) Connected Located at major U.S. thoroughfare crossroads Cleveland New York Chicago City  Interstate 75 Wash D.C.  Interstate 80/90  Interstate 280 -- Heavy weight truck routes to Michigan (154,000 gross) Lake trading vessels, overseas vessel, lake barges Circle Represents a 500 mile radius Pipeline
  7. 7. Toledo Provides ExceptionalAccess to the Eastern andMidwestern U.S. and Canada Trucks departing Toledo can reach Ohio, Indiana, Michigan, parts of Pennsylvania, Kentucky and Chicago within five hours. Our location at the crossroads of I-75 and I80/90 makes Toledo accessible from all directions.
  8. 8. Toledo’s MarketCharacteristics Located in the heart of the Great Lakes Region, Northwest Ohio has built a strong manufacturing, industrial and agricultural base. Access to the Great Lakes, combined with the region’s international air cargo hub, and one of the leading rail centers in the country makes Northwest Ohio a global platform for doing business anywhere in the world. In 2009, 37 Fortune 500 Firms were located in Northwest Ohio, with Dana Corporation, Owens Corning and Owens-Illinois headquartered in Toledo. The Andersons, Libby Owens Ford, HCR Manor Care and Pilkington are some of the other major publicly held corporations headquartered in Toledo.
  9. 9. Available Property  Toledo Express  Ironville Docks – Port of Toledo  Jeep Parkway - Former Manufacturing Site of Chrysler JEEP
  10. 10. Toledo Express Developable Property
  11. 11. Toledo Express Airport $640 Million Annual Economic Impact Can accommodate the largest airplanes in the world 10,600 foot runway – One of the largest runways in the world BAX Global - International cargo hub – One of three such hubs in U.S. Military base - 180th Air National Guard Delta, American Airlines, Allegiant Air and Direct Air operations Corporate Aviation Hangers and Aircraft Maintenance Available Cold storage available for perishable cargoes, 350 total acres available for development pharmaceuticals and general use 160 acres near BAX Global Jet Fuel Service Center – Two 250,000 gallon tanks
  12. 12. BAX Global - One of ThreeRemaining U.S. Air Cargo Hubs $1 million investment being matched by $6 million in government funding Toledo is the North American hub for the dedicated freighter network (domestic & international) of Schenker/BAX Global (DB Schenker). BAX Global runs a hub –and – spoke network from Toledo supported by 20 strong fleet of freighter aircraft and a regional trucking network. Unlike the major integrators (FedEx & UPS) who generate revenue from small package express, Schenker specializes in heavy freight for industrial shippers. The Toledo sorting facility is 279,000 square feet, including a 50 acre ramp, 2.6 miles of conveyor sorting, 900+ employees, and annual volume of 350-500 million pounds.
  13. 13. Toledo Express AirportCurrent Development – BAX Global International Build Up/Breakdown Area
  14. 14. Toledo Express AirportAvailable Property 350 acres of developable property Recent investment of $1.8 million in:  Roadway, Water, Sewer, Electric, Natural Gas, Telephone 80,000 square feet spec building now at capacity Warehousing & manufacturing space available No limitations on development – available for multi uses
  15. 15. Toledo Express AirportAvailable Property Developable Property
  16. 16. Room to Grow at ToledoExpress South Development Area contains 75 acres in initial offering capable of supporting nearly one million square feet of development Site is adjacent to 78 acre (non exclusive) air cargo ramp Infrastructure improvements are ongoing
  17. 17. Toledo ExpressOpportunities Utilize TOL as a low-cost distribution point for the Midwest for freighter aircraft carrying international air freight from Asia Develop facilities for major international forwarders near TOL Opportunity for overseas carriers to link into BAX’s trucking network Opportunity for additional neutral operators at TOL utilizing their own networks or BAX network while protecting the identity of their customers Opportunity to construct additional transportation and logistics infrastructure on south side of airport to support air cargo operations.
  18. 18. Toledo Express Airport
  19. 19. Metcalf Field $12 Million annual economic impact Developable Property Available
  20. 20. Port of Toledo Developable Property
  21. 21. Port of Toledo Connected via the Great Lakes St. Lawrence Seaway System Largest land mass seaport on the Great Lakes Port of Toledo stretches seven contiguous miles Houses 15 terminal 825 Acres Available operators and one shipyard
  22. 22. The Great Lakes St. Lawrence Seaway System All of the 15 locks have the same dimensions allowing ships up to:  740 feet in length  78 feet wide  26’6” draft Winter Contingency  Every year the Seaway attempts to expand the season  Late December to mid-March is a slow period for contain Toledo shipping  Seaway System must work with rail and ocean lines to be viewed as part of the solution, not competition
  23. 23. Port of Toledo Cargo Mix 16% Dry Bulk 4% Petroleum 29% Coal43% Iron Ore 1% General Cargo 7% Grain
  24. 24. Over $35 Millionin Government Investment
  25. 25. Putting the rightequipment in place
  26. 26. Port of ToledoAvailable Property Developable Property
  27. 27. Port of ToledoAvailable Property 181 acres Norfolk Southern services Short-line rail will connect all seaport properties including access to two heavy (Class I) railroads 2200 feet of dock frontage at Ironville Docks $13 million public/private investment in site development at Ironville Docks
  28. 28. Ironville Docks Site Plan
  29. 29. Seaport Terminal Operators ARC Terminals  Kuhlman Corporation ADM Grain Company  LaFarge Cement Arms Trucking  Shelly Liquid Division BP-Husky Refining LLC  Midwest Terminals CSX  Seneca Petroleum Company Hansen Mueller  St. Marys Cement Inc. IRONHEAD Marine Inc.  Sunoco MidAmerica M&R Kraft Foods  The Andersons Inc.
  30. 30. Port of Toledo Current Developments Bulk Loader Cranes Dock Rail Loop Improvements Ironville Rail LoopGrain Handling System Facility 1 Ironville Lay Down Area Heidtman Steel Beazer St. Lawrence George Hardy Drive Drive Ship Yard
  31. 31. Port of Toledo - Facility OneCurrent Developments $7.5 Million Government Investment  Reconstruction of George Hardy Drive On-Dock Rail  Repair and Improvements Enhancement of the On-Dock Rail George Hardy Drive Line
  32. 32. Port of Toledo – Facility OneCurrent Developments $4.2 Million – Government Investment  Rebuilding Roadway Network to increase freight/weight handling capability St. Lawrence Drive Relocated
  33. 33. Port of Toledo –Toledo ShipyardCurrent Development $400,000 Government Funding  Investment used to increase rail capacity Rail Spur
  34. 34. Cargo, Competitive,Scheduled Service Opportunity to expand Toledo Seaport Marketing to manufacturers, forwarders and container lines directly when liner service is established Opportunity to export agricultural products (specialty grains, ddg’s) and other raw materials (scrap steel, lumber, exc.) into containers Opportunities to reposition empty containers to coasts using them as dry cargo vans Opportunities to act as mini rail ramp / distribution center. Opportunities to work with other ports as strategic partners within the Great Lakes St. Lawrence Seaway System Terminals must be efficient to keep cost low and make profit, feeders must keep schedule for system to work properly
  35. 35. Port of Toledo
  36. 36. Port of ToledoVessels & Cargo
  37. 37. Traditional Cargo: Bulk
  38. 38. Jeep ParkwayDevelopable Property
  39. 39. Jeep ParkwayPrevious Home of JeepManufacturing Historical Use: Jeep Manufacturing site for 150 years Direct access to main north/south thoroughfare in U.S. More than 100 Acres Skilled workforce living directly adjacent to site Oldest automobile manufacturing site in U.S. Direct access to Heavy Rail (Class I) Government sponsored incentives available Developable Property
  40. 40. Thank You