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State enters agreement to purchase land for port

State enters agreement to purchase land for port”

That company bought the land about 30 miles west of Cincinnati after Indiana Michigan Power Co. closed its Tanners Creek coal-fired generating plant in 2015.

The Ports of IN entered into an agreement Thursday, Sept. 26, to purchase 725 acres along the Ohio River IN Lawrenceburg and Aurora to advance the plan towards building a port IN Lawrenceburg, said Lawrenceburg Mayor Kelly Mollaun. Greater Cincinnati, he adds, is the last large-scale metro area along a navigable waterway in IN without a port.

Gov. Eric Holcomb supports establishing a fourth port, but a timeline and funding source remain undecided. "This project presents the opportunity for us to grow, attract some new businesses, expand the economic impact that our ports have had, and hopefully, we can provide additional contributions to Indiana's economy".

The agreement will allow the Ports of IN to begin the process of examining the environmental and economic impact of the project. The agency would pay $8 million for the land, said Rich Cooper, Ports of Indiana CEO.

State Representative Randy Frye has been a champion of the proposal and said, "A fourth port of IN would not simply be a place where barges come to load and unload cargo, but an industrial complex attracting business, commerce and industry to our area of the state".

"You put the pieces together for a port", Peacock commented, "you have to have river access, rail access and highway, and this port location that is being looked at in Lawrenceburg/Aurora has the trifecta". Over the years, the Ports of IN has expanded each of its ports and now operates approximately 2,800 acres along Indiana's navigable waterways.

The state has been considering using the 725 acres in southeast in as its next port facility for almost a year.



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