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  1. 1. Toledo, Ohio Property Details
  2. 2. Presentation Overview <ul><li>Toledo-Lucas County Port Authority Profile </li></ul><ul><li>Government Support for Available Property </li></ul><ul><li>Foreign Trade Zone 8 </li></ul><ul><li>Location Highlights of Northwest Ohio </li></ul><ul><li>Market Characteristics </li></ul><ul><li>Developable Property </li></ul><ul><ul><li>Toledo Express & Metcalf Field </li></ul></ul><ul><ul><li>Ironville Docks </li></ul></ul><ul><ul><li>Jeep Parkway </li></ul></ul>
  3. 3. Toledo-Lucas County Port Authority Overview <ul><li>Public body that operates as a business but is subject to public disclosure and transparency </li></ul><ul><li>Governed by a 13-member board of directors </li></ul><ul><li>50 employees </li></ul><ul><li>Operates Toledo Express Airport, Toledo Executive Airport and the Port of Toledo (seaport) </li></ul><ul><li>Financing Portfolio includes: </li></ul><ul><ul><li>Fixed Interest Rate Bonds </li></ul></ul><ul><ul><li>Stand-Alone Bonds </li></ul></ul><ul><ul><li>Small Business Association (SBA) 504 Loans </li></ul></ul><ul><ul><li>Ohio 166 Loans </li></ul></ul>
  4. 4. About Available Properties <ul><li>All are Government Owned Properties </li></ul><ul><li>Government will be flexible on terms depending on the economic impact – Job Creation and Capital Investment </li></ul><ul><li>All are available immediately or within the next 18 months </li></ul><ul><li>All property reside in Foreign-Trade Zones </li></ul>
  5. 5. Foreign-Trade Zone 8 <ul><li>The FTZ provides the ability to defer, reduce or even eliminate U.S. Customs duties on products admitted to the zone. </li></ul><ul><li>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. </li></ul><ul><li>Imports may be admitted and held in a foreign-trade zone without paying U.S. Customs duties. </li></ul><ul><li>Duties are never paid on merchandise exported from a zone. Duties are reduced or eliminated on materials that are defective, damaged, or obsolete. </li></ul><ul><li>Spare parts may be stored, returned, or destroyed without duty payment. </li></ul><ul><li>Delays in Customs clearances and duty drawback are eliminated. </li></ul><ul><li>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. </li></ul><ul><li>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. </li></ul>
  6. 6. Northwest Ohio Half the population of the U.S. is accessible within one-day drive <ul><li>Multi-Modal Connectivity </li></ul><ul><li>Rail – Norfolk Southern (NS), CSX, and Canadian National (CN) Connected </li></ul><ul><li>Located at major U.S. thoroughfare crossroads </li></ul><ul><ul><li>Interstate 75 </li></ul></ul><ul><ul><li>Interstate 80/90 </li></ul></ul><ul><ul><li>Interstate 280 -- Heavy weight truck routes to Michigan (154,000 gross) </li></ul></ul><ul><li>Lake trading vessels, overseas vessel, lake barges </li></ul><ul><li>Pipeline </li></ul>Circle Represents a 500 mile radius Chicago New York City Wash D.C. Cleveland
  7. 7. Toledo Provides Exceptional Access to the Eastern and Midwestern U.S. and Canada <ul><li>Trucks departing Toledo can reach Ohio, Indiana, Michigan, parts of Pennsylvania, Kentucky and Chicago within five hours. </li></ul><ul><li>Our location at the crossroads of I-75 and I80/90 makes Toledo accessible from all directions. </li></ul>
  8. 8. Toledo’s Market Characteristics <ul><li>Located in the heart of the Great Lakes Region, Northwest Ohio has built a strong manufacturing, industrial and agricultural base. </li></ul><ul><li>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. </li></ul><ul><li>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. </li></ul>
  9. 9. Available Property <ul><ul><li>Toledo Express </li></ul></ul><ul><ul><li>Ironville Docks – Port of Toledo </li></ul></ul><ul><ul><li>Jeep Parkway - Former Manufacturing Site of Chrysler JEEP </li></ul></ul>
  10. 10. Toledo Express Developable Property
  11. 11. Toledo Express Airport <ul><li>$640 Million Annual Economic Impact </li></ul><ul><li>Can accommodate the largest airplanes in the world </li></ul><ul><li>10,600 foot runway – One of the largest runways in the world </li></ul><ul><li>BAX Global - International cargo hub – One of three such hubs in U.S. </li></ul><ul><li>Military base - 180 th Air National Guard </li></ul><ul><li>Delta, American Airlines, Allegiant Air and Direct Air operations </li></ul><ul><li>Corporate Aviation Hangers and Aircraft Maintenance Available </li></ul><ul><li>Cold storage available for perishable cargoes, pharmaceuticals and general use </li></ul><ul><li>Jet Fuel Service Center – Two 250,000 gallon tanks </li></ul>350 total acres available for development 160 acres near BAX Global
  12. 12. <ul><li>$1 million investment being matched by $6 million in government funding </li></ul><ul><li>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. </li></ul><ul><li>Unlike the major integrators (FedEx & UPS) who generate revenue from small package express, Schenker specializes in heavy freight for industrial shippers. </li></ul><ul><li>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. </li></ul>BAX Global - One of Three Remaining U.S. Air Cargo Hubs
  13. 13. Toledo Express Airport Current Development – BAX Global International Build Up/Breakdown Area
  14. 14. Toledo Express Airport Available Property <ul><li>350 acres of developable property </li></ul><ul><li>Recent investment of $1.8 million in: </li></ul><ul><ul><li>Roadway, Water, Sewer, Electric, Natural Gas, Telephone </li></ul></ul><ul><li>80,000 square feet spec building now at capacity </li></ul><ul><li>Warehousing & manufacturing space available </li></ul><ul><li>No limitations on development – available for multi uses </li></ul>
  15. 15. Toledo Express Airport Available Property Developable Property
  16. 16. Room to Grow at Toledo Express <ul><li>South Development Area contains 75 acres in initial offering capable of supporting nearly one million square feet of development </li></ul><ul><li>Site is adjacent to 78 acre (non exclusive) air cargo ramp </li></ul><ul><li>Infrastructure improvements are ongoing </li></ul>
  17. 17. Toledo Express Opportunities <ul><li>Utilize TOL as a low-cost distribution point for the Midwest for freighter aircraft carrying international air freight from Asia </li></ul><ul><li>Develop facilities for major international forwarders near TOL </li></ul><ul><li>Opportunity for overseas carriers to link into BAX’s trucking network </li></ul><ul><li>Opportunity for additional neutral operators at TOL utilizing their own networks or BAX network while protecting the identity of their customers </li></ul><ul><li>Opportunity to construct additional transportation and logistics infrastructure on south side of airport to support air cargo operations. </li></ul>
  18. 18. Toledo Express Airport
  19. 19. Metcalf Field <ul><li>$12 Million annual economic impact </li></ul><ul><li>Developable Property Available </li></ul>
  20. 20. Port of Toledo Developable Property
  21. 21. Port of Toledo <ul><li>Connected via the Great Lakes St. Lawrence Seaway System </li></ul><ul><li>Largest land mass seaport on the Great Lakes </li></ul><ul><li>Port of Toledo stretches seven contiguous miles </li></ul><ul><li>Houses 15 terminal operators and one shipyard </li></ul>825 Acres Available
  22. 22. The Great Lakes St. Lawrence Seaway System <ul><li>All of the 15 locks have the same dimensions allowing ships up to: </li></ul><ul><ul><li>740 feet in length </li></ul></ul><ul><ul><li>78 feet wide </li></ul></ul><ul><ul><li>26’6” draft </li></ul></ul><ul><li>Winter Contingency </li></ul><ul><ul><li>Every year the Seaway attempts to expand the season </li></ul></ul><ul><ul><li>Late December to mid-March is a slow period for contain shipping </li></ul></ul><ul><ul><li>Seaway System must work with rail and ocean lines to be viewed as part of the solution, not competition </li></ul></ul>Toledo
  23. 23. Port of Toledo Cargo Mix 4% Petroleum 1% General Cargo 43% Iron Ore 16% Dry Bulk 29% Coal 7% Grain
  24. 24. Over $35 Million in Government Investment
  25. 25. Putting the right equipment in place
  26. 26. Port of Toledo Available Property Developable Property
  27. 27. Port of Toledo Available Property <ul><li>181 acres </li></ul><ul><li>Norfolk Southern services </li></ul><ul><li>Short-line rail will connect all seaport properties including access to two heavy (Class I) railroads </li></ul><ul><li>2200 feet of dock frontage at Ironville Docks </li></ul><ul><li>$13 million public/private investment in site development at Ironville Docks </li></ul>
  28. 28. Ironville Docks Site Plan
  29. 29. Seaport Terminal Operators <ul><li>ARC Terminals </li></ul><ul><li>ADM Grain Company </li></ul><ul><li>Arms Trucking </li></ul><ul><li>BP-Husky Refining LLC </li></ul><ul><li>CSX </li></ul><ul><li>Hansen Mueller </li></ul><ul><li>IRONHEAD Marine Inc. </li></ul><ul><li>Kraft Foods </li></ul><ul><li>Kuhlman Corporation </li></ul><ul><li>LaFarge Cement </li></ul><ul><li>Shelly Liquid Division </li></ul><ul><li>Midwest Terminals </li></ul><ul><li>Seneca Petroleum Company </li></ul><ul><li>St. Marys Cement Inc. </li></ul><ul><li>Sunoco MidAmerica M&R </li></ul><ul><li>The Andersons Inc. </li></ul>
  30. 30. Port of Toledo Current Developments George Hardy Drive Rail Spur Ironville Rail Loop Rail Loop Bulk Loader Cranes St. Lawrence Drive Facility 1 Ironville Heidtman Steel Beazer Ship Yard Facility 3 Facility 2 Island 18 Dock Improvements Grain Handling System Lay Down Area
  31. 31. Port of Toledo - Facility One Current Developments <ul><li>$7.5 Million Government Investment </li></ul><ul><ul><li>Reconstruction of George Hardy Drive </li></ul></ul><ul><ul><li>Repair and Enhancement of the On-Dock Rail Line </li></ul></ul>George Hardy Drive On-Dock Rail Improvements
  32. 32. Port of Toledo – Facility One Current Developments <ul><li>$4.2 Million – Government Investment </li></ul><ul><ul><li>Rebuilding Roadway Network to increase freight/weight handling capability </li></ul></ul>St. Lawrence Drive Relocated
  33. 33. <ul><li>$400,000 Government Funding </li></ul><ul><ul><li>Investment used to increase rail capacity </li></ul></ul>Port of Toledo – Toledo Shipyard Current Development Rail Spur
  34. 34. Cargo, Competitive, Scheduled Service <ul><li>Opportunity to expand Toledo Seaport Marketing to manufacturers, forwarders and container lines directly when liner service is established </li></ul><ul><li>Opportunity to export agricultural products (specialty grains, ddg’s) and other raw materials (scrap steel, lumber, exc.) into containers </li></ul><ul><li>Opportunities to reposition empty containers to coasts using them as dry cargo vans </li></ul><ul><li>Opportunities to act as mini rail ramp / distribution center. </li></ul><ul><li>Opportunities to work with other ports as strategic partners within the Great Lakes St. Lawrence Seaway System </li></ul><ul><li>Terminals must be efficient to keep cost low and make profit, feeders must keep schedule for system to work properly </li></ul>
  35. 35. Port of Toledo
  36. 36. Port of Toledo Vessels & Cargo
  37. 37. Traditional Cargo: Bulk
  38. 38. Jeep Parkway Developable Property
  39. 39. Jeep Parkway Previous Home of Jeep Manufacturing <ul><li>Historical Use: Jeep Manufacturing site for 150 years </li></ul><ul><li>Direct access to main north/south thoroughfare in U.S. </li></ul><ul><li>More than 100 Acres </li></ul><ul><li>Skilled workforce living directly adjacent to site </li></ul><ul><li>Oldest automobile manufacturing site in U.S. </li></ul><ul><li>Direct access to Heavy Rail (Class I) </li></ul><ul><li>Government sponsored incentives available </li></ul>Developable Property Jeep Parkway Norfolk Southern Rail I-75
  40. 40. Thank You