Search results for: Great Lakes

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  • 10 June 2013
    Business & Finance

    Congressmembers Brian Higgins and Louise M. Slaughter introduced the Great Lakes Navigation System Sustainability Act to modernize the current Great Lakes Navigation System (GLNS). This legislation would establish a single, comprehensive Great Lakes Navigation System for budgeting purposes. It would take all the individually authorized commercial and recreational navigation projects in the Great Lakes and […]

  • 5 November 2014
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, has acquired the stock of Magnus Pacific Corporation (Magnus). Magnus is expected to generate approximately $118 million of revenue in 2014 and adds approximately $90 million to Great Lakes’ backlog, […]

  • 28 April 2014
    Business & Finance, Equipment, Technology

    Governor Pat Quinn last week welcomed Governors and representatives from the eight Great Lakes states and two Canadian provinces to Chicago for the Council of Great Lakes Governors 2014 executive meeting. The two-day summit is focused on protection of the Great Lakes and finding innovative ways to grow the economy throughout the Great Lakes region. […]

  • 4 May 2012

    An unprecedented effort to restore the Great Lakes will be highlighted in Cleveland this September when hundreds of advocates, scientists, public officials and conservation leaders gather for Great Lakes Week 2012. The theme of this year’s event, to be held Sept. 10-13 in downtown Cleveland, is “Taking Action, Delivering Results.” It will focus public attention […]

  • 30 July 2013

    The New York State Department of Environmental Conservation (DEC) has released a draft of New York’s Great Lakes Basin: Action Agenda 2013, a five-year action plan to guide restoration, conservation, and sustainable development activities in New York’s Great Lakes region. Stakeholder input on the draft agenda will be accepted until September 1. “The Great Lakes […]

  • 27 June 2019
    Business & Finance

    The Western Dredging Association (WEDA) has presented a “Special Recognition Award” to the Great Lakes National Program Office (GLNPO), a department of the U.S. Environmental Agency, for its long-standing efforts to restore and protect the health of the Great Lakes, specifically by remediating historical contamination in ports, harbors and other waterways. According to WEDA, GLNPO […]

  • 8 August 2017
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) has submitted a report to Congress and the President which summarizes progress under the Great Lakes Restoration Initiative (GLRI) during 2016. As required, the report provides detailed information on GLRI accomplishments and funding allocations for participating federal agencies on a yearly basis. “I’m proud that through the Great Lakes […]

  • 7 June 2013

    U.S. Representatives Candice Miller (MI-10), Bill Huizenga (MI-02) and Dan Benishek (MI-01) introduced the Great Lakes Navigation System Sustainability Act to modernize the current Great Lakes Navigation System (GLNS). This legislation would establish a single, comprehensive Great Lakes Navigation System for budgeting purposes. It would take all the individually authorized commercial and recreational navigation projects […]

  • 17 May 2013
    Business & Finance

    U.S. Senator Charles E. Schumer released the following statement on the passage of the Water Resources Development Act (WRDA), which includes critical language that will prioritize dredging in the Great Lakes navigation system. In the past several months, Schumer has worked with the EPW committee to balance the needs of high-use, deep-draft ports like the […]

  • 14 June 2011

    On June 15, the U.S. Environmental Protection Agency and other participating organizations will announce details of the first-ever Great Lakes Week scheduled for October 2011 in Detroit, Michigan. The theme of Great Lakes Week is “Working Together, Taking Action” and will bring representatives of the U.S. and Canadian governments together with a broad coalition of […]

  • 15 July 2013
    Business & Finance

    The U.S. Rep’s Bill Huizenga, Dan Benishek and Candice Miller, joined by two New York State colleagues, introduced a bill to have the U.S. Corps of Engineers treat the Great Lakes and St. Lawrence Seaway as one unit when it comes to dredging makes sense. This legislation would establish a single, comprehensive Great Lakes Navigation […]

  • 25 May 2017
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday that it had completed previously-announced private offering of $325 million of 8.000% Senior Notes due 2022. The company also announced that it used a portion of the net proceeds from its sale of the 2022 Notes to purchase approximately $186.1 million of its $275.0 million aggregate principal […]

  • 17 July 2017
    Business & Finance

    U.S. Rep. Rick Nolan last week lauded the House Interior, Environment, and Related Agencies Appropriations Subcommittee’s inclusion of the authorized $300 million funding for the Great Lakes Restoration Initiative (GLRI) in the passage of their Fiscal Year 2018 Interior Appropriations bill. “The ongoing cleanup of the Great Lakes has helped transform our region into an […]

  • 22 September 2016
    Business & Finance

    A public–private partnership that supports habitat restoration throughout the Great Lakes basin, the Sustain Our Great Lakes partners yesterday announced $5.18 million in grant funding for 19 restoration projects in the Great Lakes basin. Grant recipients will match the new funding with an additional $6.4 million, for a total on-the-ground conservation impact of $11.6 million. The […]

  • 1 February 2018
    Business & Finance

    U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand, along with members of the bipartisan Senate Great Lakes Task Force, yesterday urged USACE to include the Great Lakes Coastal Resiliency Study in the president’s FY2019 budget request. Following the damaging flood waters that impacted New York’s Lake Ontario shoreline communities last year, causing millions […]

  • 26 June 2014
    Business & Finance, Equipment, Technology

    U.S. Senator Debbie Stabenow was appointed as a Vice Chair of the Senate Great Lakes Task Force, which is a bipartisan organization that works to protect the Great Lakes’ ecosystem and develop the region’s economy. Sens. Stabenow and Rob Portman (R-Ohio) were appointed to the newly created positions and will serve with Co-Chairs Sens. Carl […]

  • 3 February 2015
    Business & Finance

    U.S. Senators Debbie Stabenow, Co-Chair of the Senate Great Lakes Task Force, and Gary Peters, member of the Senate Great Lakes Task Force, urged the U.S. Army Corps of Engineers to direct additional funding to Great Lakes navigation projects in FY2015. In a letter to Jo-Ellen Darcy, Assistant Secretary of the Army (Civil Works) and […]

  • 15 July 2020
    Business & Finance

    Great Lakes Dredge & Dock Corporation (GLDD) is scheduled to present in the Noble Capital Markets Virtual Roadshow Series on Wednesday, July 15, 2020 at 10 a.m. C.D.T. Chief Executive Officer and President, Lasse Petterson, and Chief Financial Officer, Mark Marinko will provide an exclusive corporate presentation. The presentation will be followed by a live […]

  • 19 February 2018
    Business & Finance

    A bipartisan group of U.S. Representatives are lobbying against proposed deep cuts to the Great Lakes Restoration Initiative.  The Co-Chairs of the House Great Lakes Task Force, Congressman Bill Huizenga, Congresswoman Marcy Kaptur, Congressman Sean Duffy and Congresswoman Louise Slaughter and Northeast-Midwest Congressional Coalition Co-Chairs, Congressman David P. Joyce and Rick Nolan, released the following […]

  • 24 April 2015
    Business & Finance

    Congressman Bob Latta yesterday reintroduced the Protecting Our Great Lakes Act, legislation to help mitigate harmful algal blooms by prohibiting the discharge of dredged material into the waters of the Great Lakes. “The Protecting Our Great Lakes Act is one step we can take to mitigate harmful algal blooms in our Great Lakes,” said Latta. “The lakes’ […]

  • 21 March 2013
    Business & Finance

    Sen. Carl Levin, D-Mich., welcomed a public commitment from the civilian head of the Army Corps of Engineers that $19 million in Hurricane Sandy recovery funding will be available to repair the storm’s damage to Great Lakes harbors. The commitment from Jo-Ellen Darcy, the assistant secretary of the Army for public works, came in response […]

  • 17 October 2018
    Business & Finance

    The Great Lakes Restoration Initiative (GLRI) has provided more than $2.5 billion to clean up contaminated harbors, restore fish habitat and keep invasive species out of the Great Lakes, according to a study by the University of Michigan’s Research Seminar in Quantitative Economics. According to the study, every federal dollar spent on GLRI projects between 2010 through […]

  • 16 May 2013
    Business & Finance

    U.S. Senator Kirsten Gillibrand, a member of the Senate Environment and Public Works (EPW) Committee, announced Senate passage of the Water Resources Development Act (WRDA) of 2013. This bill includes a measure she worked to include that sets aside 20 percent of new funding from the Harbor Maintenance Trust Fund for maintaining Great Lakes ports […]

  • 29 July 2015
    Business & Finance

    During its first five years, the Great Lakes Restoration Initiative (GLRI) implemented more than 2500 projects to improve water quality, clean up contaminated shoreline, protect and restore native habitat and species and prevent and control invasive species in the Great Lakes. That work, which began in 2010, is summarized in a new Report to Congress […]

  • 3 September 2014
    Business & Finance, Project & Tenders

    Great Lakes Dredge & Dock Corporation (Great Lakes), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, has won a dredging contract valued at over $30 million to widen the entrance and jetty channels of the Freeport Ship Channel near Freeport, Texas. Approximately 4.5 miles […]

  • 13 February 2015
    Business & Finance

    U.S. Sen. Sherrod Brown (D-OH) yesterday announced the introduction of the Great Lakes Ecological and Economic Protection Act (GLEEPA), bipartisan legislation aimed at preserving the Great Lakes and bolstering economic growth throughout the Great Lakes region. GLEEPA would protect the Great Lakes – and the millions of jobs they support – from a variety of […]