Home Must Reads Manufacturers could lose between $30M and $116M from CRC

Manufacturers could lose between $30M and $116M from CRC

| Print |  Email
Must Reads
Wednesday, February 27, 2013

Three companies that make structures upriver from the proposed Columbia River Crossing could lose between $30 million and $116 million in profits due to the lower clearance.

That's what CRC managers told the U.S. Coast Guard in a bridge permit application filed Jan. 30 and made public late Tuesday. Officials are using the estimate as they negotiate on potential mitigation payments to the three metal fabricators, which make giant products such as oil drilling rigs.

Told of the estimate Tuesday evening, however, company representatives reacted in disbelief, saying the range, and other figures in the application, were too low.

"All their figures look very low to me," said Jason Pond, chief executive officer of Greenberry Industrial, who wants a lift span to be added to the new bridge. "They're trying to look at it in a way that's most beneficial to the CRC, not to us."

Read more at OregonLive.com.

{biztweet}columbia river crossing{/biztweet}

 

More Articles

Timber town

June 2014
Thursday, May 29, 2014
BY LEE VAN DER VOO

A forest collaboration saves the Rough & Ready Lumber Company.


Read more...

Driving green

June 2014
Thursday, May 29, 2014
BY KIM MOORE

Transportation accounts for the second-largest source of greenhouse gases in the U.S. (28% in 2012), and the use of renewable fuels, such as biodiesel and ethanol, is booming in light of state and national programs to make transportation fuels cleaner.


Read more...

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

Detox fashion

June 2014
Thursday, May 29, 2014
BY LINDA BAKER

Remember mood rings? A team of scientists at Oregon State University has designed what might be considered a 21st-century analog of the ’70s jewelry fad: a bracelet that reveals one’s exposure to pollutants.


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


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