I am proud to announce that, last Thursday, we broke ground on a $7.6 million construction project at the Port of Albany, which will replace more than 500 feet of the Port's aging wharf system. This project will be completed by C.D. Perry & Sons of Troy, NY, and is a good opportunity to bring jobs to the Capital District.
The Port of Albany was first built in the late 1920's and, over the years, the timber piles and supporting structures of the Port have become quite antiquated. The aging of the Port has come at a time when business has been booming - tonnage is up, longshore labor hours have increased, and last year, the Port recorded the highest revenue in its history.
The official announcement of this project was made last week during a press conference at the Port of Albany, and I am excited to be able to share this news with you. This project will put both the Port and the City of Albany in an excellent position for continued growth, and I look forward to the future economic impact this will have on our Capital City.