The Cincinnati/Northern Kentucky International Airport is getting a new runway and taxiway courtesy of a federal grant worth $17.6 million.
Both Runway 18L-36R and its parallel taxiway Sierra are used extensively by several airlines that rely on Cincinnati as a hub.
The total cost of the project is $23.5 million with $17.6 million coming from the federal government and $5.9 million coming from the Kenton County Airport Board.
The project will be done in two phases beginning Sept. 1, 2012 and ending Dec. 15, 2013.
CVG ranked 11th nationwide in 2011 for cargo. A total of 2.8 billion pounds of cargo landed at Cincinnati, a 16 percent increase over 2010.
U.S. Transportation Secretary Ray LaHood made the announcement of the grant calling the rehab project a top priority.
"Investing in our nation's airports promotes economic growth," said LaHood. "This funding will help the airport make critical repairs to aging infrastructure and keep aircraft moving safely and efficiently through Cincinnati."
CVG has three other runways that remain open during the replacement of runway 18L-36R and its taxiway Sierra.