The SS Arthur M. Anderson arrives in the Port of Green Bay June 3, 2022, with the Leo Frigo Bridge in the background. PC: Fox 11 Online
GREEN BAY, WI (WTAQ) — When it comes to gauging the area’s economic health, the Port of Green Bay is considered a key indicator.
Numbers from an economic impact study released Tuesday indicate that things are moving in the right direction.
Economic activity generated by the Brown County Port of Green Bay during 2022 reached $217.3 million, an increase of $70 million since 2017. The report also points to 1,620 Wisconsin jobs supported by the Port of Green Bay; an increase of 331 jobs over the 2017 total.
Dean Haen, Port of Green Bay Director, says he thinks results of the new report may drive even more people to live and work in Green Bay.
“If you couple this with the fact that Green Bay was named as the most livable city, I think we are going to see an influx of people coming into the area and they’re going to be looking for jobs, and the port provides family-supporting jobs,” said Haen.
Direct personal income paid during 2022 reached $41.7 million. When combined with induced and indirect income the impact exceeded $142 million. This demonstrates high, family-supporting wages.
Port activities also resulted in $38 million in local, state and federal taxes which support services like police, fire, transportation and education.
The Port of Green Bay offers a direct route for shipping from the Midwest to the rest of the world. The Port’s 14 terminal operators are located along a three-mile stretch of the Fox River.
During the 2022 shipping season, terminal operators moved just over 1.75 million tons of cargo which included limestone, cement, petroleum products, salt, coal and wood pulp.
These commodities support the Northeast Wisconsin manufacturing, agricultural, and construction industries which, in addition to lowering the cost for individuals to build a home or pour a patio, provide family-supporting jobs and wages. These industries also help balance the local tax base.
Comments