Supply Chain Infrastructure and Regional Economic Development

1
Supply Chain Infrastructure and Regional Economic
Development

• Adam Wasserman
• December 4th, 2007

2
Supply Chain Infrastructure and Regional Economic
Development

• Cleveland and North East Ohio
• 4.5M people
• 70 years ago was globally important industrial
  center
• Sherwin-Williams, Eaton, Goodyear,
  Parker-Hannifin, Progressive Insurance, American
  Greetings, Mittal Steel, Timkin, NASA, Cleveland
  Clinic
• Representative of older industrial economies
• Still quite a vibrant manufacturing center
• And diversifying biomedical, aerospace, finance

3
Supply Chain Infrastructure and Regional Economic
Development

• Port of Cleveland
• Historic maritime port
• Roots Standard Oil
• Great Lakes orientation
• Bulk cargo serving traditional primary industries
• Serves traditional industries
• Future
• Orientation as an economic development asset to
  next-gen economy

4
Supply Chain Infrastructure and Regional Economic
Development

• New port
• Designed to be Midwest US state-of-the-art
  logistics hub
• 4th coast
• New location
• Larger gt US Corps of Engineers partnership
• International trade district adjacent
• Serving wide variety of manufacturing customers

5
Supply Chain Infrastructure and Regional Economic
Development

• Keys to Success
• St Lawrence Seaway is critical
• New investment
• 50 years old
• Bi-national cooperation and strategy
• Harbor Maintenance Tax

6
Supply Chain Infrastructure and Regional Economic
Development

• Why?
• Economic Development of Ohio and Midwest
• Manufacturing customer need
• Reliable and cost-effective delivery service
• Connectivity to Canadian industrial
• National security economic continuity
• Reliance on too few ports