This EDA investment supports the port of oswego authority with acquiring new cargo to handle equipment and making rail infrastructure improvements needed to increase export capacity and bolster access…

The U.S. Department of Commerce Economic Development Administration (EDA) awarded the Port of Oswego Authority a $5,000,000 Project Grant under the Investments for Public Works and Economic Development Facilities (CFDA 11.300) program. This funding supported the acquisition of a new radial telescopic shiploader conveyor and upgrades to railroad tracks at the port's facilities in Oswego, New York. The investments aimed to increase the port's export capacity, improve access to global markets for local businesses, and enable faster ship loading and turnaround times. These infrastructure improvements are expected to attract private investments and create new employment opportunities throughout the region.

This EDA investment supports the port of oswego authority with acquiring new cargo to handle equipment and making rail infrastructure improvements needed to increase export capacity and bolster access to global markets for local business in oswego county, new york. The project will support procurement of a radial telescopic shiploader conveyor, along with upgrades to railroad track at the port. In addition, the shipping companies will be able to have quicker turnaround time loading ships and will decrease less dock time. Once completed, the port will be able to attract private investments and create new employment opportunities throughout the region.