(Jeff Bennett — Wall Street Journal)
Billionaire Businessman Is Expected to Win Key Permit Allowing Him to Build a New Private Toll Span Between Detroit and Ontario
Billionaire businessman Manuel “Matty” Moroun is poised to move a step closer to tightening his control of traffic across the
Mr. Moroun, whose Detroit International Bridge Co. owns the
At stake are tens of millions of dollars of annual toll revenue and a critical link in the
Customs authorities’ go-ahead for a new bridge plaza to be developed by Mr. Moroun—including toll booths and customs-inspection buildings—would all but clear the way for his company to seek a final environmental permit from the Canadian transportation department to build the new six-lane bridge, adjacent to the existing one. The permit is one of the few regulatory hurdles remaining before construction can begin. Read more here.