Wednesday, March 4, 2009

The Hamilton Port Authority (HPA) Stimulating Economic Growth


March 4, 2009 HAMILTON - The Hamilton Port Authority (HPA) expresses our deep sympathy for our friends at US Steel Canada following the announcement of the Hamilton plant idling yesterday. "We wish the best for the employees of US Steel Canada as they and their families deal with this difficult time," said HPA president and CEO Bruce Wood.

The origins of the port are closely tied to steel production which has for decades contributed to economic growth and sustainability in our community. We are fully supportive of measures that aid the recovery of the local steel industry and recognize the importance of steelmaking and related services in Hamilton. The revival of steel production is an important piece of the economic landscape for the city.

Looking ahead, we will double our efforts in positioning the port as a driver for regional economic growth, promoting job creation through initiatives including the proposed container feeder service, the development of project cargo markets and through land development strategies. The HPA will work with valued port partners, users and stakeholders in advancing plans to stimulate new economic growth.