Public-private partnership estimated to create up to 4,000 jobs.
Governor Chet Culver today attended the groundbreaking ceremony for the Lincolnway Rail Port in Clinton.
The $10.8 million project received $2 million in stimulus funds administered through the State of Iowa.
The rail port is expected to attract businesses that manufacture wind turbines and blades because of the access to the Mississippi River and three rail lines.
“We already have 8,000 green-collar jobs in this industry, which are good paying, long-term jobs,” Culver said. “That number is only going to grow in Iowa. With this project, Clinton is going to get a big piece of the pie.”
Culver said the project is an example of building upon traditional infrastructure and location to create an ever better job creation environment.
The rail port will provide Mississippi River and highway access, the availability of three electric providers, three major natural gas pipelines, as well as access to the Union Pacific Railroad mainline for freight trains.
“This is a prime example of a successful public-private partnership,” Culver said. “This project is happening because Clinton pulled together as a community, using city, county, regional, state and federal resources to make this dream a reality. Everybody wins.”
The project is expected to create 2,000 to 3,000 jobs within four to five years, and could eventually create up to 4,000 jobs.
Topics: 2010, AAR, American Recovery and Reinvestment Act, Association of American Railroads, Clinton, construction, economic development, economic growth, economic recovery, Economy, employment, Federal funding, freight trains, Governance, government, Governor Chet Culver, High Speed Intercity Passenger Rail Program, HSIPR, investment, Iowa, jobs, Lincolnway Rail Port, Mississippi River, monitor, news, rail, trains, transportation network, U.S., Union Pacific Railroad, United States
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