POPULACE |
business
| RIVER RIDGE | The transformation continues for the former Indiana Army Ammunition Plant that more than six decades ago produced smokeless powder and rocket propellants for the U.S. Army. About a decade after the plant ceased operations – it was decommissioned in the 1990s – the process of transferring land from the government to an independent board created by the Clark County Commissioners began. Nearly 6,000 acres of land is being transferred to create the River Ridge Commerce Center. The River Ridge Development Authority has already received more than half of the property along Ind. 62, in Jeffersonville and Charlestown that used to make up the former ammunition plant. Growth at River Ridge is expected to continue as additional infrastructure projects continue to improve the commerce center’s logistical options.
| PORTS OF INDIANA | Jeffersonville Mission:“To develop and maintain a world-class port system that operates as an agile, strategically-driven, self-funded enterprise dedicated to growing Indiana’s economy.” Vision: “To be the premier inland port system in North America by creating a sustainable competitive advantage for our customers and the State of Indiana.” Background: Gov. Matthew Welsh (1961-1965) established the Indiana Port Commission in 1961. It replaced the Indiana Board of Public Harbors and Terminals. In 2008, the state legislature passed a law that changed the name to Ports of Indiana. In 1970, the Port of Indiana at Burns Harbor publically opened. In 1976, the Port Commission opened the Port of Indiana-Mount Vernon. The Port of Indiana-Jeffersonville,
River Ridge is adjacent to the Port of Indiana-Jeffersonville, railways, three major interstates, regional and international airports and the UPS Worldport. Construction is underway on the Ohio River Bridges Project, a plan to expand the downtown Interstate 65 corridor, reconstruct Spaghetti Junction and construct a new east-end bridge. The east-end portion of the project will complete the I-265 loop connecting Prospect, Ky. to Utica, just south of the River Ridge Commerce Center. Construction on the east-end bridge and it’s approaches is scheduled to be complete in October 2016. Several roadway improvements surrounding the bridges project are also in the works near River Ridge, including a heavy-haul corridor that would connect the commerce center to the Port of Indiana-Jeffersonville.
APPROX. NUMBER OF ACRES AT RIVER RIDGE:
6,000 ACRES TRANSFERRED TO RIVER RIDGE: 3,880 NUMBER OF ACRES SOLD TO-DATE: 452 ACRES AVAILABLE FOR DEVELOPMENT: 2,791 NEW BUILDING SPACE CONSTRUCTION TO-DATE: About 4 million square-feet BUILDING CONSTRUCTION PLANNED FOR 2013: About 1.3 million square-feet TOTAL PRIVATE INVESTMENT TO DATE: $355 million FEDERAL/STATE-FUNDED INFRASTRUCTURE INVESTMENT TO DATE: $10 million RIVER RIDGE-FUNDED INFRASTRUCTURE REINVESTMENT TO DATE: $12 million 2013 PLANNED INFRASTRUCTURE IMPROVEMENTS: $10 million TOTAL JOBS AT RIVER RIDGE
4,500
*Source: River Ridge annual report and News and Tribune research by Braden Lammers
Ranked No. 14 in the nation for waterborne shipping, the Ports of Indiana continue to grow at an astounding rate. In 2011 alone, the three separate facilities that make up the Ports together handled 8.1 million tons of cargo. also along the Ohio River, opened in 1985. Vital Statistics: A recent economic impact study of all three Indiana’s ports shows an annual contribution to the state’s economy of $5.4 billion - up from $1.452 billion in 1999. Port activities annually contribute $2.38 billion in wages for Indiana workers, 43,744 total jobs and $223 billion in state and local taxes. Companies: Airgas Specialty Products; Arctic Minerals; Chemtrusion, Inc.; Consolidated Grain & Barge Co.; Consolidated Terminals & Logistics Co.; Crominet; Cylicron Engineered Cylinders; FedEx Ground; Flexible Materials Inc.; Green Lines Transportation Inc.; Idemitsu Lubricants America Corp.; Interstate Structures – A Division of Mid-Park Inc.; Jeffersonville River Terminal; Kasle Metal Processing; Kinder
50 TOTAL COMPANIES AT RIVER RIDGE
Morgan; Metals USA; M.G. Rail; Mytex Polymers Inc.; Namasco; Nova Tube Indiana LLC; Ohio River Metal Services; OmniSource - A Division of Steel Dynamics Inc.; Roll Forming Corp. Indiana; Steel Dynamics Inc.; Tanco Clark Maritime LLC; TMSi; Valmont Industries Inc.; Vitran; Voss/ Clark Industries. Major cargo: corn, fertilizer, paper, salt, wire rod, steel Foreign Trade Zone According to the Ports of Indiana website, “Foreign-Trade Zones are special designations given to areas that allow companies to postpone, reduce or eliminate duties on certain international products in the zone. While in an FTZ, materials can be stored, manufactured, processed, assembled, packaged or destroyed without being subject to U.S. duties until they leave the zone.”
The fastest growing port on the Inland Waterway System
1.6 million Onsite storage of approximately 1.6 million bushels of grain with a throughput rate of 30,000 bushels per hour; and 3,200 linear feet of riverfront access.
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12-month ocean access to world markets via the Inland Waterway System to the Gulf of Mexico.
1,057-acres with about 25 tenants; Service for a wide variety of commodities and general cargo products such as corn, soybeans, fertilizer, plastics, paper, iron and steel.
1,057
1.4 million The Port of Indiana-Jeffersonville handled 1.4 million tons of cargo in 2011. Salt shipments alone increased 17 percent over 2010 figures. Coke and steel cargoes also marginally increased. SOURCE: Ports of Indiana
16 | 2013-2014 Snapshot