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Build America Bureau Offers $35.9M Loan to Expand Freight Capacity for Washington State’s Port of Longview
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HSToday
U.S. Transportation Secretary Sean P. Duffy has announced a loan of up to $35.9 million from the Build America Bureau to the Port of Longview in Cowlitz County, Washington, for Phase 1 of the Port’s Industrial Rail Corridor Expansion project.
These loans help accelerate project delivery, save taxpayer dollars, and facilitate private investment.
“Getting great American products where they need to go is an essential part of what we do at the Department of Transportation.
This expansion of the Port of Longview will strengthen our export capacity, improve safety, and unleash the region’s rural economy,” said Transportation Secretary Sean P. Duffy.
Additionally, the improvements will support the redevelopment of the historic Berth 4 Grain Complex, a future revitalization project planned by the Port.