Vancouver port has deal with steel company
Wednesday, May 19, 2010
VANCOUVER, Wash. (AP) -- The Port of Vancouver says it plans to sell up to 22 acres of industrial land to a steel distribution company, a move that could result in up to 225 jobs.
The Columbian in Vancouver reports that Farwest Steel Corp. would pay the port about $5 million for the land, then spend up to $30 million to build a facility. Port officials said Tuesday that the Eugene, Ore.-based company could start construction by the end of June.
The port says Farwest plans to relocate 100 jobs to the port from other operations in Vancouver and Tualatin, Ore., and make up to 125 new hires.
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Information from: The Columbian, http://www.columbian.com
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