The metropolitan Toledo area will get nearly $35 million from a federal stimulus windfall - about half of which will be used to continue modernizing the Toledo Shipyard.
"We are incredibly pleased to be able to move the timeline on these projects up significantly due to this funding," Paul Toth, the Toledo-Lucas County Port Authority's interim president, said in a statement announcing the grants. "These projects will modernize the Port of Toledo, and we are particularly enthused because this action directly creates jobs."
In addition to $21.8 million for the port authority, Toledo has been awarded $6.5 million to be combined with local, state, and private funds to improve the Airline Junction Intermodal Terminal in South Toledo at the center of Norfolk Southern's Toledo operation.
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