Port of Oswego Authority
Posted on July 27, 2023
Presented by Solvay Bank
This feature of CEO Insights spotlights local companies that are “Economic Champions” because of their success in adding jobs; expanding their products or services; advancing diversity, equity and inclusion initiatives; gaining national recognition or contributing to the success of the region in special ways.
The Port of Oswego Authority (POA) is the first U.S. port of call and deepwater port on the Great Lakes from the St. Lawrence Seaway. It operates as an intermodal transportation facility, providing rail, shipping, foreign trade zone and marina services. The location puts the port less than 350 miles from 60 million people. In recent years, the POA has set record profits and expanded its facilities. Most recently, the POA earned the Great Lakes Pacesetter Award, the fourth time in five years.
Between 2021 and 2022, the POA increased profits by 300% and saw the largest revenue in three decades. Recent projects include the first and only Grain Export Center on Lake Ontario and in Central New York, and the POA has a USDA certified lab for grain exports. Additionally, the POA built a $754,000 Reach Stacker that will expand POA’s capabilities to enter national containerized cargo movement at a lower cost.
The POA’s impact is not limited to economic. As a community partner, the POA donated $10,000 to Oswego Harborfest and hosted the Harborfest firework barge with 24-hour security at no charge. The POA is also the home of the H. Lee White Maritime Museum on the port’s West Pier. The museum, which celebrated its 40th anniversary in 2022, is a full-service center for maritime preservation and education.
Learn more about the Port of Oswego Authority and their recent achievements and impact at portoswego.com.