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Poised for Growth

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Poised for Growth

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  1. This presentation was created for Apple Keynote and converted to Power point. It include animation and video that will not be viewable. The Keynote addition is also available to Mac users with all video and animation included. Poised for Growth

  2. Thank you! $92.5 million Four separate appropriations

  3. ISER Benefit Cost Assessment of Rail Extension

  4. King Hufford III CEO PacArctic

  5. Justin Charon CEO Central Alaska Energy

  6. Bill Brophy Communications Usibelli Coal Mine

  7. “Reducing the cost of importing the products we need for our operations will help us be more competitive in our markets and give us better opportunities for growth and longevity.” Chris Kennedy General Manager Pogo Mine Greater Wasilla Chamber of Commerce Raven Gold Alaska PogoMine Central Alaska Energy JDM Consultants PacArctic Klondike Concrete Co. Houston Chamber of Commerce Accelergy Greater Fairbanks Chamber of Commerce Alutiiq Alaska Gasline Development Corp. Greater Palmer Chamber of Commerce Alaska State Chamber of Commerce Koniag Houston City Kinross-Fort Knox Alaska Railroad Fairbanks North Star Borough Resource Development Council NPI International Union of Operating Engineers AEDC The Alaska Miners Association

  8. Companies & Freight on Port MacKenzie Rail • PacArctic, Inc. • Koniag, Inc. • Alaska Central Energy • Kinross Gold USA, Inc. • Sumitomo Metal Mining • Alutiiq • NPI • Accelergy • Klondike Concrete • Usibelli

  9. Paul Metz University of Alaska Fairbanks Professor at Department of Mining and Geology

  10. Progress at the Port

  11. 3 million cubic yards of soil moved

  12. Will have Alaska’s only 100 railcar industrial loop

  13. Allows for efficient transfer between trains and ships

  14. Only port in Alaska with large(14 sq. mile) staging, storage and industrial area Port MacKenzie Port of Anchorage

  15. This large industrial space provides excellent opportunity for value-added growth

  16. Project funding to date $10 million state appropriation for EIS FY 2008 $17.5 million FY 2009 state appropriation for project $35 million FY 2011 state appropriation for project state appropriation for project $30 million FY 2012 $92.5 million: Current Total Appropriations

  17. $60 million (GF) $120 million (GO bond) 2013 Funding Request

  18. Project funding summary Total Estimate for project $272.5 million Appropriated $92.5 million $180.0 million Required for completion General Fund request $60 million GO Bond request $120 million

  19. Poised for Growth

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