TelestackTBA GroupTOC Europe 2023TMS Awards 2023Sailors SocietyIMPA Events
  • Coaltrans Asia 2023
  • TOC Europe 2023
  • IMPA Events
  • Port of South Louisiana
  • Van Aalst
  • Port of Stockton

Major Milwaukee leases to bring new business

Major Milwaukee leases to bring new business

(Posted on 10/08/20)

Two significant new projects are taking steps forward as Milwaukee Port’s Board of Harbor Commissioners considers new long-term leases with The DeLong Co. and with Michels Corporation.

Located on Lake Michigan, Milwaukee’s primary cargoes, include salt, cement, agricultural products and other dry bulks.

“These leases affirm Port Milwaukee’s role in advancing economic activity and providing multimodal connectivity in the city and throughout the region,” Port Director Adam Tindall-Schlicht said. “In a time of economic uncertainty, these companies are investing, creating jobs, and choosing the Port as the place to expand operations.”

The DeLong Co. project is one of the largest investments ever made at Port Milwaukee. The company plans a new maritime export facility that will handle agricultural commodities, including an animal feed byproduct of the ethanol production process. The company is pairing its own $6.2-million investment at the Port with previously announced federal and state grants for a total capital investment of more than $30-million.

The DeLong facility will be built on Jones Island on 3.9 acres along the inner harbour. The terms of the 30-year lease include annual rent payments of approximately $30-thousand per acre.

Michels is finalizing terms on a 99-year lease for expanded Milwaukee operations including new jobs on 13.5-acres at the Port’s Grand Trunk site. The company already leases a smaller portion of the site, and this new agreement includes rent of approximately $17.8-thousand per acre annually. Michels will operate alongside the Bay View wetland restoration project underway on the Grand Trunk site.

Michels’ new lease follows a competitive request-for-proposals process, and the lease increases its Milwaukee footprint which already includes the R1ver campus under development a short distance up the Kinnickinnic River.

If accepted by the Commissioners, the leases will be considered by the Common Council for approval.

Port Milwaukee is an economic entity of City government governed by the seven-member Board of Harbor Commissioners, a panel appointed by Mayor Tom Barrett and confirmed by the Common Council.

Latest News

Vancouver Fraser Port Authority announces leadership transition

(Posted on 02/06/23)

Vancouver Fraser Port Authority CEO Robin Silvester has announced that he will be leaving the port authority... Read more


AD Ports and Vale to develop low-carbon steel mega hubs

(Posted on 31/05/23)

AD Ports Group , the Abu Dhabi based leading facilitator of global trade, logistics and industry, has... Read more


Port leaders extend WPCAP for greener shipping

(Posted on 31/05/23)

The World Port Climate Action Program (WPCAP) will be extended with a new focus on shore power, new... Read more


OVET to accommodate ships with deeper draughts in Vlissingen

(Posted on 30/05/23)

Ships sailing from the North Sea via the Westerschelde to unload dry bulk goods at OVET's quay in Vlissingen... Read more


Bulk rises in Hamburg as overall throughput falls

(Posted on 23/05/23)

The problematic trend in the world economy is affecting Port of Hamburg throughput figures. As in other... Read more


AD Ports and KPT to develop Karachi port infrastructure

(Posted on 23/05/23)

A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari... Read more


New electric cranes at Tees Dock offer sustainability boost

(Posted on 16/05/23)

Two new electric harbour cranes, representing an £8.6 million investment, are the latest arrivals... Read more


Ports of Klaipeda and Hamburg intensify cooperation

(Posted on 14/05/23)

At a ceremony held during the transport logistic trade fair in Munich, Algis Latakas, General Director... Read more


New hybrid-electric vessel loads first cargo at ABP Ipswich

(Posted on 08/05/23)

Associated British Ports (ABP’s) Port of Ipswich, the UK’s leading grain export port, has... Read more


AD Ports purchase five bulk carriers to strengthen shipping capabilities

(Posted on 02/05/23)

AD Ports Group, the Abu Dhabi based leading facilitator of global trade, logistics and industry, has... Read more


Coaltrans Asia 2023ViganTOC Europe 2023Port of StocktonCimbriaPort of South Louisiana
  • TOC Europe 2023
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping