'Gamechanger' Comes to Life in Portage

Posted: Updated:
(Image courtesy of the Ports of Indiana) (Image courtesy of the Ports of Indiana)
PORTAGE -

A facility touted as a "game-changer" is now open at the Port of Indiana-Burns Harbor. California-based Metro Ports, which has a vast network of sites throughout the U.S. port system, has opened a new bulk terminal facility in Portage. In an interview last month on Inside INdiana Business Television, Ports of Indiana Chief Executive Officer Rich Cooper said the partnership has the potential to double cargo business at the port within five years.

Metro Ports will manage loading and unloading of shipments along the East Harbor of the port. The services will be used by port tenants and outside companies in fields including steel, agricultural, manufacturing, energy and construction. The company has a network that includes 27 U.S. ports in 10 states.

In a separate, web-exclusive interview featuring Cooper and Metro Ports subsidiary brand Nautilus International Holding Corp. Chief Operating Officer Mike Giove, Cooper says some of the region's biggest-name companies will benefit from the bulk terminal. "All of those companies use a tremendous amount of bulk materials to produce their end product and they need somebody to handle that and to handle it efficiently. I really see Metro Ports as a gamechanger. I think they'll impact the supply chains for companies like ArcelorMittal, United States Steel, NLMK -- another steel producer at the port -- British Petroleum, perhaps, Cargill, those kinds of companies, I think, we can't wait to introduce Mike and his team to those major players in northwest Indiana," Cooper said.

The Port of Indiana-Burns Harbor is coming off a record three-year stretch, including handling nearly 2.6 million tons of cargo last year. Recently, some $2.5 million in infrastructure work has been pumped into the port and additional investment is planned by the statewide organization and the cargo company to boost capacity at the bulk terminal.

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • GM recently announced it would invest more than $1 billion in its Fort Wayne Assembly plant.

      Auto Job Fair Coming to Allen County

      General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • Rose-Hulman Adds New Major

      Rose-Hulman Institute of Technology students now have another option when choosing a major. The Institute has added a engineering design major which is expected to offer a multidisciplinary experience. Students are enrolled to start the new program in the 2018-2019 school year.