Algoma Central Corporation Sells Station Mall in Sault Ste. Marie
Station Mall, a 555,000 square-foot enclosed shopping centre located steps away from the St. Mary’s River, was the last of the Company’s real estate holdings in Sault Ste. Marie. The Company’s intention to divest of its commercial real estate portfolio was initially announced in 2015. Since then, the Company has sold 15 properties in Sault Ste. Marie, Waterloo, and St. Catharines, Ontario since 2015, directing proceeds from the sales to the renewal of the domestic dry-bulk fleet, expansion of its ocean self-unloader fleet and to new investments in international shipping.
Phase II Expansion Completed at DeLong Agricultural Export Facility in Milwaukee
Soybean farmer leaders presented a ceremonial $200,000 check March 31 in Milwaukee to support the Phase II expansion of the Agriculture Maritime Export Facility at Port Milwaukee. The facility, owned... Read More
Great Lakes Shipyards Form Alliance to Support U.S. Icebreaker Construction
Fincantieri Marine Group has partnered with Fraser Shipyards in Superior, Wisconsin, and Donjon Marine in Erie, Pennsylvania, to establish a collaborative framework aimed at expanding shipbuilding capacity along the Great Lakes. The initiative aligns with President... Read More