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Coal export company promises $400M impact

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Thursday, May 10, 2012

Ambre Energy is releasing a study showing that the proposed Morrow Pacific coal export project could bring nearly $400 million worth of economic impact to 11 counties in northwest Oregon and southwest Washington.

It would bring another $300 million in economic activity once it begins operating at full capacity, delivering 8.8 million tons of coal per year from the Powder River Basin in Montana and Wyoming to Asian markets.
And it would create more than 2,100 jobs — directly and through trickle-down economic effects — during the project’s development, with another 1,100 to come once operating, according to the ECONorthwest report.

Read more at Sustainable Business Oregon.

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