WENATCHEE, WA.-A California-based company is reportedly interested in locating a manufacturing plant near Alcoa’s idled Wenatchee Works smelter. The unnamed company is talking to Alcoa and the Chelan County Port District about possibly leasing land located just south of the smelter’s electrical substation.
Port Commissioners were briefed on the project at their Tuesday meeting. The Port’s business development manager, Craig Larsen says the prospect is looking for a 250-thousand square foot multi-story facility with a total investment of “hundreds of millions of dollars.” Larsen says the company plans to employ 150 workers at a minimum. He says salaries average about $65,000 dollars a year
He says the Port has been approached by several heavy industrial companies who are interested in locating at or near Alcoa’s Malaga plant site primarily for the water and electrical infrastructure.
He reported that the prospect, Port and Alcoa are reviewing several options for a possible public private partnership. The site is located within a federally-designated opportunity zone where new economic development is encouraged through tax incentives.
Alcoa curtailed operations in 2015 but Larsen says the company has not ruled out the possibility of resuming operations in the future.