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Rebuilding Southwest Oregon’s Regional Economy

Rebuilding Southwest Oregon’s Regional Economy. The Oregon International Port of Coos Bay. Decades of economic stagnation. 82 percent of students in our elementary schools qualify for free or reduced-cost lunch. Unemployment in Coos County hovers at 11 percent .

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Rebuilding Southwest Oregon’s Regional Economy

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  1. Rebuilding Southwest Oregon’s Regional Economy The Oregon International Port of Coos Bay

  2. Decades of economic stagnation • 82 percent of students in our elementary schools qualify for free or reduced-cost lunch. • Unemployment in Coos County hovers at 11 percent. • Nearly one-third of our families with kids live in poverty.

  3. A vital economic link severedCoos Bay rail line closed Sept. 24, 2007 • Jobs eliminated. • Commodities stranded. • Transportation costs doubled. • Over 24,000 more trucks on our highways.

  4. Port steps in to safeguard future prosperity • Unified effort by regional businesses, state and federal officials. • Rail line purchased in 2009 for $16.6 million. • Port begins a more than $31 million rehabilitation effort. • $16.5 million in tunnel repairs. • $14 million in track, roadbed and crossing work. • $6 million in critical bridge repairs. • Freight rail service restored in 2011.

  5. Port’s vision builds on our unique gifts • Deep-water harbor. • Renovated freight rail line. • Trained, talented workforce.

  6. Oregon gateway marine terminalVision from 2012 to 2025.

  7. Public-private partnerships LNG leads way for development of multipurpose cargo facility

  8. Channel modification projectBroadening opportunities for local commerce

  9. Getting back to workPursuing a public-private partnership strategy Local businesses have begun to rebuild and rehire workers, but our job is far from complete.

  10. Thank you. Questions? Oregon International Port of Coos Bay • David Koch, CEO: dkoch@portofcoosbay.com • Martin Callery, Chief Commercial Officer: mcallery@portofcoosbay.com • Elise Hamner, Communications & Community Affairs Manager: ehamner@portofcoosbay.com

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