Oct 18, 2010 | Posted by: roboblogger
The Northwest Tennessee Port and Industrial Park will receive a $13 million federal Transportation Investment Generating Economic Recovery Grant that will be used to finish construction of the port.
Gee is this part of the government stymulis everyone is upset about. Now how do you fee?
Not enough industry to even support a new port right now...and probably won't be for another 10 years.
Lake County needed something/anything. Unfortunately, the port is managed by functionally retarded people.
My prediction: Port will be built out, but without some of the necessary multi-modal infrastructure (lack of funds). Industrial park will garner little interest from industry (no liquid capital to relocate-no skilled workforce to do the job). Port will see some ag-related business, but not enough to support day-to-day ops.
Taxpayers have to bite the bullet for another decade and a half or until the economy picks up.
Tell me when this thread is updated:
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