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Port Westward, with an operating revenue of $7.5 million and a growth rate of 31% in the last fiscal year, is poised for significant expansion. The board has approved $6 million in capital projects for FY-13, with an additional $14 million forecasted for FY-14. Over the past three years, capital improvements have totaled $15.4 million. The port supports 34 commercial/industrial tenants and 210 marina/hanger tenants, employing 11 staff members. With 1,000 acres available for development, Port Westward presents job opportunities and economic benefits for the region.
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PNWA June2014 Patrick Trapp http://www.portsh.org
PORT BY THE NUMBERS • Operating Revenue $7.5 million • Growth Rate (for last FY) 31% • Board approved Capital Projects (FY-13) $6 million • Forecasted Capital Projects (FY-14) $14 million • Capital Improvements (Last 3 yrs) $15.4 million • # of Commercial/Industrial Tenants 34 • # of Marina / Hanger Tenants 210 • # of Employees 11 • Remaining acreage available for development - 1,000
Port Westward – approx 1700 acres Port Westward is home to the 1200 Foot Beaver Dock built in 1940.
Berth One Job Opportunities • New Jobs for Global / CPBR 30 • New jobs for P&W Railroad 15 • Anticipated new CR & Bar Pilots 02 • Retained jobs at CPBR 47 • An additional 100 Construction Jobs • An additional 2.5X for indirect /induced jobs 367 • Beneficial User Opportunity w/ NWIW • (Construction & Operation) 1120
Thank You & Questions? http://www.portsh.org