The Toledo Port Commission Tuesday night hired a well known port expansion consulting firm called Makers based out of Seattle that does a lot of financial and economic forecasting and feasibility studies for ports up and down the west coast that want to grow. And certainly Toledo is among them.
Makers did the original feasibility study for the Port of Toledo in acquiring the old Fred Wahl boatyard at Sturgeon Bend, which launched the port into the boat repair and overhaul business. Port Manager Bud Shoemake said Makers will again be taking the Port of Toledo to the next level of economic prosperity when they analyze where the port is now financially, and then through careful data gathering, market analysis and careful facilities planning, propel the port forward to become a larger economic engine for the region.
Shoemake told News Lincoln County that he’s confident that the consultants will recommend some kind of boatyard expansion to meet the growing West Coast need for boat work. Shoemake says it will require the port to expand it’s ability to haul out larger vessels for repair and refurbishment. Shoemake said after the study is complete this Fall, the port can begin acquiring the funds and necessary in-water permits to enable them to haul out bigger boats which includes Alaska-class fishing vessels.
A smiling Bud Shoemake said “It’s an exciting time to be in the boatyard business on the Oregon Coast.”