The US Department of Transportation awarded $653 million in grants on November 3rd to upgrade 41 water-based ports around the country. The funding is through the Port Infrastructure Development Program, which provides planning support, capital funding and project management assistance, and comes from the federal Infrastructure Investment and Jobs Act (IIJA).
The projects will boost capacity and efficiency at coastal seaports, Great Lakes ports, and inland river ports and enable them to meet greater shipping demands, according to the DOT press release.
Transportation Secretary Pete Buttigieg said the goal of the projects is to improve port infrastructure so that they can withstand the kinds of shocks seen during the pandemic that snarled supply chains, AP News reported.
Therefore, these newly announced project awards could benefit the lighting industry two ways: 1. Opportunities to sell new lighting to these 41 projects, and 2. Improving the ports could reduce future supply chain disruptions for the lighting industry.
Some of the projects selected to receive grants include:
- $54.2 million for the Port of Tacoma Husky Terminal Expansion Port One in Tacoma, Washington.
- $52.6 million for the North Harbor Transportation System Improvement Project in Long Beach, California.
- $43.4 million for dock infrastructure replacement in Cold Bay, Alaska.
- $32 million to reconstruct Berth PN-308 at Port Newark in Newark, New Jersey.
- $16 million for the Velasco Terminal Sustainable Expansion Project in Freeport, Texas.
The complete list of 41 ports receiving this funding is available here
You must be logged in to post a comment.