Accompanied by Ohio Governor Ted Strickland and Congressman Bob Latta, CSX chairman, president and CEO Michael Ward broke ground for a new intermodal terminal in North Baltimore, Ohio.
The new Northwest Ohio Intermodal Terminal will employ more than 200 people when fully operational in 2011 with 400 more jobs to be created during the construction phase. Over the next 10 years, more than 2,600 direct and indirect jobs will be created as a result of the facility, claims CSX. The terminal will serve as the distribution hub for anything that can be bought at a retailer—from household electronic equipment to clothing,said CSX, adding that the facility is the “cornerstone of the National Gateway.”
The National Gateway is an $840 million, multi-state infrastructure initiative aimed at creating an efficient and environmentally friendly freight link between the Mid-Atlantic ports and the Midwest.
"This is a great opportunity for northwest Ohio to play a major role in the nation's vital freight transportation network, while creating jobs and boosting the economy of the region," said Governor Strickland. "This terminal will reinforce our state's position as one of our nation's leaders in transportation and logistics."
Rep. Latta (R-OH) added, "This project represents real stimulus with lasting economic benefits. We believe it is a model for public-private cooperation and an example of how infrastructure expansion and job creation go hand-in-hand."
"Our nation is becoming increasingly aware of the economic and environmental benefits that railroads offer," said Ward. "The Northwest Ohio Terminal, as part of the National Gateway, will greatly expand our ability to deliver those benefits both regionally and nationally."
The National Gateway is a public-private partnership that includes CSX and its affiliates, large and small business interests, logistics companies, environmental advocates, federal, state and local governments and economic development agencies. Over a 30-year period, the initiative has a goal to lower CO2 emissions by over 12 million tons, save businesses over $3.5 billion in shipping costs, reduce fuel consumption by nearly 1 billion gallons, and reduce congestion on the highways.
In Ohio, the National Gateway program anticipates $30 million in federal funding, $30 million in state funding, and a $175 million investment by CSX and its affiliates. The total investment will create nearly $700 million in public benefits.
The Northwest Ohio Terminal will be built and operated by Evansville Western Railway Inc. of Paducah, KY, an affiliate of CSX.