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The Port packs an economic punch: Analysis measures Port's contribution at $210.02 million and 2,000 jobs An
economic impact analysis released in May showed that the Port of Duluth-Superior
generated $210.02 million in 2001 for the region and was Klaers, Powers & Associates, Duluth, used an analytical model developed by the U.S. Maritime Administration to conduct the analysis for the Authority. It reflected $137.9 million of direct economic impact and $72.3 million of indirect impact based on the Port's 36.5 million metric tons of waterborne commerce.
Additional findings included:
"Other ports moving far less cargo often show far greater economic impact and job figures," said Port Director Davis Helberg. "But given that this is primarily a bulk port with distant cargo origins and destinations and that our terminal operators and waterfront workers pride themselves in efficiency and high productivity we have a lower per-ton impact than elsewhere. That's also what keeps us so competitive." |