Job creation at the Port of Tampa

This current fiscal year’s development projects, such as dredging, construction and major expansions of terminal facilities at Port Redwing and Hooker’s Point, represent nearly $83 million in capital expenditures and nearly 1,500 new construction-related jobs in the region. Resulting from these projects alone will be an estimated $62 million in personal income and $4.6 million in state and local taxes, the review noted. The review by the Tampa Port Authority, transportation and economic consultant firm Martin Associates, reflects the complex nature of the Port of Tampa, saying that the port’s impact “cannot be reduced to a single number.” The Port has six major lines of business: bulk cargoes; break bulk cargoes; containers; ship building and repair; cruise operations; and industrial real estate.

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