AWO Reports $2.9 Billion In New Waterways Plants In First Half Of 1979
More than 20,000 new jobs were created by 245 plantsites built or expanded along commercially navigable waterways of the U.S.' in the first half of 1979, according to an AWO survey. The 245 industrial facilities represent a 22 percent increase over the first half of 1978.
Of the total, 167 facilities reported capital investments of $2.9 billion and 76 facilities reported a total of 20,246 new jobs, a 23- percent increase in new jobs over the first half of 1978.
AWO records show that 99 of the facilities are metal-producing operations, 65 are petroleum and chemical installations, 13 are paper and wood-producing facilities, 10 are terminals, docks and wharves, and 58 are general manufacturing installations.
The Mississippi River accounts for 49 facilities, the Ohio River 26, the Houston Ship Channel 24, the Tennessee River 17, the Arkansas River 15, the Missouri River and Gulf Intracoastal Waterway 13 each, and the Columbia River and Atlantic Intracoastal Waterway 11 each.
This brings the total plantsites c o n s t r u c t e d since 1952, when AWO began compiling statistics, to 11,254, representing a capital investment of more than $205.3 billion.