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

The Human Factor

February 2015
Monday, January 26, 2015
BY BRIAN LIBBY

Matt French opens up South Waterfront.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...

Which Way to Chinatown?

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?


Read more...

Light Moves

February 2015
Monday, January 26, 2015
BY JACOB PALMER

Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.


Read more...

Behind the curtain: What students should know about accreditation and rankings

Contributed Blogs
Thursday, December 04, 2014
120414-edurating-thumbBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?


Read more...

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

Editor's Letter: Power Play

January-Powerbook 2015
Thursday, December 11, 2014

There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.


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