(2) comments Back to story


What's missing here is that the contracts with the South Koreans are in the form of loans at 10% interest. And the $50 million from Resource Capital is a line of credit with a 12% interest rate, with interest being added to the principal each month. This project won't bring any financial stability to our area, just more misery down at the old Reynolds plant.

See the Light

Sounds like history repeating itself....promises to clean up that site, promises of jobs, taxes paid, be a good neighbor.....blah blah blah. Another Chinook Ventures. When are we going to hold Alcoa responsible for cleaning up their contaminated property?? If it had been cleaned up ten years ago, we would have a clean, viable industry there. Instead, we're going to have a "hurry up - cover it up" attempt so we can pile coal on top.

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.