Date: Aug 08, 2011
Press Release Number: 53-2011
Statement By: Northeast Regional Council of Carpenters Executive Secretary-Treasurer Michael Capelli:
"The Port Authority's board members made a bold decision to increase the economic fortunes of the region. Their action today will provide a desperately needed cash infusion for the Authority's capital program without incurring more long-term debt. This move will help improve the region's transportation infrastructure and will bring about significant economic development and employment opportunities for carpenters in both New York and New Jersey."
The Port Authority of New York and New Jersey
Steve Coleman or Ron Marsico, 212 435-7777