Home Back Issues May 2008 Finding treasure in The Dalles

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

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


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...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Two Sides of the Coin

Contributed Blogs
Wednesday, October 22, 2014
22 twosidesBY JASON NORRIS

Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


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