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Gov. Wolf Visits Southport Marine Terminal To Discuss Economic Growth In Phila.

PHILADELPHIA (CBS) -- Pennsylvania Governor Tom Wolf visited Philadelphia Wednesday morning to announce plans to make the Navy Yard one of the premier ports in the world.

"This is a new day for this port."

wolf navy yard
(credit: Mike Dougherty)

Governor Wolf says he's committed to getting the most out of the port, and the state is prepared to make significant investments going forward, which includes the development of Southport Marine Terminal at the Navy Yard.

"This is a great place to do business. Philadelphia is a great port. We have a great workforce here. And this ought to be a source of continued growth, not just double digit growth for a few years, but forever."

Part of the plan is already in place. A new board and chairman have been selected to oversee the Philadelphia Port Authority. Wolf believes the jobs added here will build a solid foundation for a strong economy.

"We are right smack dab in the middle of the richest market in the world."

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