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Port of Brownsville Regional Economic Engine. Serving a Growing Brownsville Community.

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Presentation on theme: "Port of Brownsville Regional Economic Engine. Serving a Growing Brownsville Community."— Presentation transcript:

1 Port of Brownsville Regional Economic Engine

2 Serving a Growing Brownsville Community

3 Fast Growing Population Serving a Growing Brownsville Community From 1980 to 2010 105% growth

4 A Young Community Serving a Growing Brownsville Community

5 Emerging Opportunities Serving a Growing Brownsville Community Bloomberg

6 Integral Part of Our Community

7 An Integral Part of Our Community Serving a Growing Brownsville Community ‣ Every great city started off as a port city ‣ Regional Economic Engine over 4,000 employees (BND and private business) 38,000 direct & indirect jobs ‣ Actively collaborate with area stakeholders to increase employment and revenue ‣ Leader for heavy manufacturing and industry ‣ Major Multi-Modal hub for global trade

8 An Integral Part of Our Community The Value of Having a Port in Brownsville Economic Dev.: Logistics JOBS The Economic Value of Texas Ports ECONOMIC VALUETAXES Direct Jobs: 4,695 Induced Jobs: 2,446 Indirect Jobs: 3,437 Related Jobs: 27,851 $2.8 Billion Dollars State & Local: $44.1 M Federal Taxes: $129.5M *Report prepared by the Center for Transportation Research UT Austin in cooperation with TxDOT and FHA

9 Connection to UB Implementation Plan An Integral Part of Our Community Increase Household Wealth Increase Community Wealth Increase Citizen Opportunities for Wealth and Wellbeing Strong Local EconomyQuality Community

10 How the Port Creates Local Jobs

11 An Integral Part of Our Community Job Creation Activities Economic Dev.: Logistics LOGISTICS HEAVY MANUFACTURING PORT INFRASTRUCTURE DEVELOPMENT LAND DEVELOPMENT FOR MANUFACTURING

12 An Integral Part of Our Community Port Infrastructure and Development

13 An Integral Part of Our Community Port Infrastructure and Development ‣ 40,000 +/- acres ‣ 12 cargo docks ‣ 4 Oil Docks ‣ 1 liquid Cargo Dock ‣ 572,000 sq. ft. covered storage ‣ Approx. 3 million sq. ft. open storage ‣ 2 container/restricted cargo storage ‣ Brownsville & Rio Grande Railroad

14 An Integral Part of Our Community Economic Dev.: Logistics Global Distribution Economic Dev.: Logistics PORT OF BROWNSVILLE CHINA RUSSIA MEXICO BRAZIL VENEZUELA EUROPE AFRICA AUSTRALIA Steel Coil Oil Rig/Sand Steel Slab/Steel Coil Sand/Steel Coil Baryte Ore/Bauxite Oil/Steel Slab Steel Slab/Fluorspar

15 An Integral Part of Our Community Economic Dev.: Logistics Texas Markets & Beyond Economic Dev.: Logistics

16 An Integral Part of Our Community Economic Dev.: Logistics Products Moved Economic Dev.: Logistics Steel Import/Export Other Products Liquid Cargo (strong growth)

17 An Integral Part of Our Community Economic Dev.: Logistics Liquid Cargo Growth Economic Dev.: Logistics

18 An Integral Part of Our Community Economic Dev.: Logistics Cargo Tonnage Stats Economic Dev.: Logistics

19 An Integral Part of Our Community Economic Dev.: Heavy Manufacturing Keppel - AmFELS Economic Dev.: Logistics

20 An Integral Part of Our Community Economic Dev.: Heavy Manufacturing Ship Recycling Leader Economic Dev.: Logistics ‣ 4 of 8 Ship Recyclers in U.S. ‣ 4 MARAD Certified Ship Recyclers (5th on the way) ‣ The only 2 Navy Certified Ship Recyclers in the U.S. ‣ Competitive in a Growth Industry 5 vessels 2005 vs. 28 vessels 2011 ‣ 200 Jobs Created per Ship for 2 Yrs.

21 Where Are We Now

22 An Integral Part of Our Community Operating Revenue Analysis

23 An Integral Part of Our Community Cargo Analysis Economic Dev.: Logistics

24 An Integral Part of Our Community Current Business Analysis Economic Dev.: Logistics COMPETITION Port’s Competition & Opportunities Tampico / Altamira (loss of jobs to foreign countries, increase in trade deficit) U.S./Mexico sign accord for joint oil exploration in Gulf New Industries (Solar, biofuels, wind, natural gas) OPPORTUNITIES

25 Where We Want to Be For the Future of Brownsville

26 An Integral Part of Our Community A Port with Forward Momentum Port of Brownsville Adaptability Through the Decades #1 cotton Port in U.S. #1 destination for Gulf of Mexico Shrimping Top 3 U.S. Ports, steel imports and exports Port of Brownsville Future Vision Alternative Energy - Cargo Diversification / Location of Choice Natural Gas & Petroleum Opportunities Global Gateway to Latin America Heavy Manufacturing HUB

27 How Will We Get There

28 Deepen & Widen Ship Channel Increase Cargo Capacity Economic Dev.: Logistics

29 Future Land Development Economic Dev.: Logistics

30 Future Development Blueprint Economic Dev.: Logistics

31 Communication & Collaboration Economic Dev.: Logistics United Brownsville SH 550 East Loop I-69 Regional Economic Development Opportunities Cruise Industry Port Bridge

32 Questions? Economic Dev.: Logistics Contact: Manuel Ortiz, Public Information Officer 956-838-7004 MOrtiz@portofbrownsville.com


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