First came biotech, then movie animation. Now ports have emerged as the politically popular recipient of state subsidies for economic development.
Gov. Rick Scott announced Wednesday a $35 million investment in three ports, part of a four-year, $642 million allocation for Florida’s seaports. Scott and Florida business leaders say the investments will help the state create as many as 150,000 jobs as a result of the expanded Panama Canal.
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Ranking the ports
The busiest ports in the United States by 2012 container volume:
Rank. Port: Volume
1. Los Angeles: 14.2 million
2. New York: 5.1 million
3. Savannah: 3 million
4. Oakland: 2.4 million
5. Norfolk, Va.: 2.1 million
6. Houston: 1.93 million
7. Seattle: 1.87 million
8. Charleston, S.C.: 1.4 million
9. Port Everglades: 930,000
10. Miami: 925,000
11. Jacksonville: 920,000
12. Baltimore: 680,000
Source: Colliers International