Port of Toledo Supports $906 Million in Economic Activity

By GLSR Staff  |  Investment, Latest News, Ports & Terminals
The Toledo-Lucas County Port Authority has shared the results of the Economic Impacts of Maritime Shipping in the Port of Toledo, a report documenting the many contributions made by the Port of Toledo and Great Lakes Seaway Shipping to the city of Toledo, Lucas County, state of Ohio, and the Great Lakes region. The study reports that in 2022, the Port of Toledo and maritime commerce supported:

• 7,971 jobs

• $906.2 million in economic activity

• $708.6 million in personal income and local consumption expenditures

• $183.2 million in federal and state/local tax revenue

Thomas J. Winston, president and CEO of the Toledo-Lucas County Port Authority said the results from the study indicate an increase of 888 new jobs and more than $237 million in additional economic activity compared to data reported in the 2018 study. Winston credited the increase to the addition of the Cleveland-Cliffs Toledo Direct Reduction Plant at Ironville in East Toledo.

To view the Economic Impacts of Maritime Shipping in the Port of Toledo full report, please click here.

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