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

Beyond Bodegas

April 2015
Friday, March 27, 2015
BY JACOB PALMER

Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development. 


Read more...

It's a Man's Man's Man's World

May 2015
Friday, April 24, 2015
BY AMY MILSHTEIN

Male tech workers speak out on the industry's gender troubles.


Read more...

The Road to Reinvention

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

Damian Smith bets on changing himself — and Portland — through consulting.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


Read more...

10 Oregon companies positioning themselves for growth

The Latest
Friday, March 13, 2015
vcthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Ten startups have secured venture capital, angel or seed funding in 2015.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


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