Home Archives May 2008 Finding treasure in The Dalles

Finding treasure in The Dalles

| Print |  Email
Thursday, May 01, 2008

AerialNWA.jpg

THE DALLES What started out as a vast demolition project has turned into an impromptu treasure hunt. Not gold coins or lost royal jewels, but instead precious metals from what was considered mostly scrap and junk.

As the Northwest Aluminum factory demolition began last June, workers began discovering a cache of riches. Unknown to workers and the owner of the approximately 200-acre site, Golden Northwest, the plant’s 300 smelters were brimming with 4 million pounds of melted aluminum worth about $1 per pound, according to Galen May, who is overseeing the demolition for Golden Northwest.

They also found 32 pounds of silver worth $6,000 lined in switchgears, 10 ounces of platinum worth $16,000, and valuable scrap steel and copper.

The $7 million in recovered metals is just about enough to cover the cost of the entire demolition project, May says.

“We’ve done pretty good,” he says.

Opened in 1958, the plant at its peak employed 550 people. It was closed in 2000. The site is being cleared to make way for other businesses. Google’s new server facility in the area depleted all the town’s available industrial-zoned land says Andrea Klaas, executive director of the Port of The Dalles.

May says the demolition project should be completed by the end of the year.

JASON SHUFFLER



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

November/December Preview: Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS