Potential port purchase agreement withdrawn

Statewide Governor Eric Holcomb announced the state will not move forward with plans to purchase land near Lawrenceburg that was under consideration as a potential site for a fourth port.

The Ports of Indiana entered into an agreement in September 2017 to reserve the option to purchase up to 725 acres of land that were formerly an American Electric Power plant. The Ports of Indiana concluded that the remediation work would take years to complete on a significant portion of the land, rendering the site economically unviable as a port facility at this time.

Indiana has three state ports operating on the Ohio River and Lake Michigan, with locations in Jeffersonville, Mount Vernon, and Burns Harbor/Portage. Over the years, the Ports of Indiana has expanded each of its ports and now operates approximately 2,800 acres along Indiana’s navigable waterways. Indiana’s ports contribute over $7.8 billion per year to the state economy and support nearly 60,000 jobs.