Finding treasure in The Dalles

| Print |  Email
Archives - May 2008
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

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...

LEED for weed

News
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions? An NEBC energy forum breakfast makes the case for taking the new industry’s emissions impacts very seriously.


Read more...

Raising the Stakes

February 2015
Monday, January 26, 2015
BY LINDA BAKER

The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.


Read more...

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


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...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

The Human Factor

February 2015
Monday, January 26, 2015
BY BRIAN LIBBY

Matt French opens up South Waterfront.


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