Study: Portland Harbor Superfund costs could reach $2B

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Reported in the Portland Business Journal

A new report projects that cleanup of the Portland Harbor Superfund site could cost as much as $2.2 billion.

The report, commissioned by three of the harbor’s largest companies, also projected that as many as 9,000 workers could lose their jobs if the government-imposed clean-up lasts 10 years.

 

And Reported in The Oregonian

The study, commissioned by harbor businesses Schnitzer Steel, Gunderson and Vigor Industrial, is the first attempt to pin down costs and benefits of Oregon's largest cleanup, covering a heavily industrialized 10-mile stretch of the Willamette River. Costs will fall on industry, past and current property owners, the Port of Portland and city of Portland sewer ratepayers.