TOLEDO, October 23, 2018:
For the second time in three years, the Toledo-Lucas County
Port Authority has received the Ohio Economic Development
Association’s (OEDA) coveted “Best Project” award.
The Ohio Economic Development Association presented the Port
Authority with the award for The Cleveland-Cliffs Project at
Ironville Terminal at its 2018 Annual Summit held October
17-18 in Columbus.
The OEDA’s awards program recognizes economic and workforce
development achievements throughout Ohio. The Best Project
category recognizes outstanding and innovative projects in
economic and business development that retain or generate jobs
The Port Authority, in conjunction with public and private
partners, was successful in obtaining a commitment from
Cleveland-Cliffs Inc. to construct a new hot briquetted iron
(HBI) production facility at Ironville Terminal. This
project represents a $700 million investment in Northwest Ohio
and will position Cleveland-Cliffs Inc. to be the sole supplier
of high-quality HBI for the electric arc furnace steel market in
the Great Lakes Region.
“Recognition such as this does not happen by accident,” said
Paul Toth, President and CEO of the Toledo-Lucas County Port
Authority. “This is a result of a strong partnership between the
Port Authority, Regional Growth Partnership, JobsOhio, Lucas
County, and the City of Toledo, all working cooperatively to
maximize the potential of our region.”
The Port Authority is a two-time winner of the Best Project
Award, first receiving the award in 2016 for The Dana Project
at Overland Industrial Park.