Port of Port Angeles to Take Control of PenPly Property
The Port of Port Angeles has taken control of the property where PenPly is located. The Port is planning to tear down the 70-year-old building and replace it with marine-related businesses. When the mill closed, the company signed an agreement with the Port stipulating that they had fourteen days to either find a new owner or vacate the premises.
posted by Tom Harper at 4:53 PM
25 Comments:
Me thinks it will be years before new life springs up on it. Meanwhile it'll look nice as a grassy empty lot.
Huh. Really? Well, whattaya know?
Geeez! Speaking of grant money and the same old, same old!
And, there aren't already enough vacant buildings around town? The Port is going to build some more? Wouldn't make more sense to try to fill the commercial buildings we already have, before we run off and build more?
Great plan. There must be grant money in this, somewhere.
I am very sorry for the workers who had faith and hope in the re-opened mill; but as others who've posted on this column have know for many months, Pen Ply was never going to pull itself out of debt. Now the taxpayers and utility ratepayers are stuck paying for this failure, along with those who are out of work.
The way the City Utility Department ignored Pen Ply's delinquent utility bills should provide plenty of cause to fire Glenn Cutler and some of his minions. Before firing him, the City should require Cutler to pay Pen Ply's delinquent bills out of his own pocket. His accumulated unused sick leave and unused vacation time plus "severance pay" would probably cover most of it.
Note to self: Next time housing market collapses, don't make plywood.
Doesn't a government that is 15 trillion in dept run out of grant money at some point in time?
anon 6:14
I agree, Cutler should be held responsible. But each and every owner of Pen Ply better file personal bankrupcy or pay up.
Aww, Com 'on! The City is in much better condition for all that Glenn Cutler /Karen Rogers have done.
Anon 2:03 AM, December 22, 2011:
Ha! So true.
You might want to make another note: Whenever a business is SUCH a good idea that it can't attract actual PRIVATE SECTOR investors, and has to subsist on government handouts and deferred rent, it's NOT a viable business. Yes, it really is that simple.
Too bad that Kevin Van De Wege and the State and the City Council (minus one) didn't understand that. But I'm sure that all the rah-rah Pen Ply cheerleaders here in Port Angeles won't mind picking up the tab ($300,000+) for Pen Ply's unpaid bills, right?
Right?
@BBC
"Doesn't a government that is 15 trillion in dept run out of grant money at some point in time?"
Now with Obama in office, breaking records on govt. spending
"Now with Obama in office, breaking records on govt. spending"
Yeah, isn't that cool about the American way: The President, all by himself, can do things like that. No Senate, no congress, no pesky house or ANY other folks to get in the way. That ONE person can spend billions and trillions, all by himself.
@ Anon
"Yeah, isn't that cool about the American way: The President, all by himself, can do things like that. No Senate, no congress, no pesky house or ANY other folks to get in the way. That ONE person can spend billions and trillions, all by himself."
Oh, I forgot about the house and senate! Both were Dem controlled at the time.
Makes sense why the spending has slowed down since the switch.
Capitalist sez: "Oh, I forgot about the house and senate! Both were Dem controlled at the time."
You mean back when "maverick" Conservative Republican John McCain, with his Tea Party sidekick Sarah Palin, suspended his presidential campaign to go back to Washington to do all he could to muster all his fellow Republicans to pass the bail-out funding for the banks, financial institutions, and others?
Is that the time you're referencing? Or, doesn't that count, because Obama wasn't even the President then?!
He just inherited the debit they created, so, I can see your .. logic.
"The port’s land-use plan “identifies that site for marine trades,” Robb said, noting log storage and debarking will likely continue on the property while the China market remains strong."
Oh, really? I seem to remember reading in the fearless PDN that Grant Munro (Yes, strangely enough there is that word again "Grant"), former Rayonier employee and former City Council Member during that famous era of Mark Madson and Karen Rogers, is somehow in control of this log storage/debarking and shipment to China operation.
And, is one of the PenPly "owners".
And that the continuing logs-to-China operation is being allowed on the Port property.
So, since as " Robb said, noting log storage and debarking will likely continue on the property while the China market remains strong.", can we assume the profits from this operation, being collected by the former owners of PenPly, including "Grant" Munro, owing the taxpayers thousands, ON PORT PROPERTY, will go towards paying back what the "owners" owe?
Ya wonder why the candidate interviews are secret? LOL!
10:09 AM, December:
Yes. And, think of all the financial and business experts in this town who all supported the loans to Pen Ply. The regular cheerleaders, including the PABA and Chamber were all about "jobs".
Has anyone asked for financial info to see where the taxpayer money went?
Just askin'.
Renshaw carpetbagged his way to gifts of public funds in an effort to create 150 jobs and a big salary for himself. This was clearly a terrible business strategy from day one.
1. lets start a company in another companies failed outdated facility
2. lets get taxpayer dollars to capitalize the start up
3. lets do all this in the worst economy sense the great depression
The taxpayers should be demanding payback.
(hint) start by looking into the legality of splitting off the log stripping business (hint)
Hahaha, republicans were the reason for the bail out?!?
HAHAHAHAHHA I have heard it all now.
OBAMA approved the bail out you idiot.
If they're going to keep peeling logs and stockpiling them there they should damn well be paying the rent and lights and such.
Anon 3:43 sez: " Hahaha, republicans were the reason for the bail out?!?
HAHAHAHAHHA I have heard it all now.
OBAMA approved the bail out you idiot."
Really? Here is a clip from Sept 24, 2008, before Obama was even elected. If you really do want to know, you can Google this, and see the actual history. With the Bush Administration proposal for the $700 billion bail-out "Maverick" John McCain suspended his campain to help pass. Look it up yourself, since you are so much smarter than I.
24 Sep 2008 – McCain Suspends Campaign to Help With Bailout.
For Anon 3:43, who says :" Hahaha, republicans were the reason for the bail out?!?
"Administration Is Seeking $700 Billion for Wall Street
By DAVID M. HERSZENHORN
Published: September 20, 2008
WASHINGTON — The Bush administration on Saturday formally proposed a vast bailout of financial institutions in the United States, requesting unfettered authority for the Treasury Department to buy up to $700 billion in distressed mortgage-related assets from the private firms.
President Bush discussed the government’s financial bailout proposal during a news conference at the White House on Saturday.
The proposal, not quite three pages long, was stunning for its stark simplicity. It would raise the national debt ceiling to $11.3 trillion. And it would place no restrictions on the administration other than requiring semiannual reports to Congress, granting the Treasury secretary unprecedented power to buy and resell mortgage debt."
http://www.nytimes.com/2008/09/21/business/21cong.html?pagewanted=all
Yeah, I'm the idiot.
The nation debt rose from $5.7 trillion to $10.7 trillion in GW Bushes 8 years, largerly due to tax cuts and defense sending in the middle east.
Under Obama the debt has risen from $10.7 trillion to $15.2 trillion in less then 3 years.
Largely due to stimulus spending and extension of welfare programs.
There is only one way out of this mess...STOP SPENDING MONEY
I say for every dollar cut there needs to be a dollar worth of tax increase
the bleeding will stop quickly
Make Grant pay up!
"Under Obama the debt has risen from $10.7 trillion to $15.2 trillion in less then 3 years.
Largely due to stimulus spending and extension of welfare programs."
You can see from that article that the US economy was in real serious trouble before Obama was even elected. The Bush administration was in office for the creation of the serious economic troubles, and had already proposed the billion dollar-bail-outs of Wall Street and others.
Now, I wonder why Obama even WANTED to be president, under the conditions he and most everyone else could see. The debates at the time were how to get out of the troubles the Bush administration got the country into. Who ever got elected knew they were walking into a huge mess, with no easy way out. They knew they would be held responsible for the protracted collective pain, as the country works it's way out of all its' debt.
So, the "Capitalist" is calling for huge tax increases? Billions to be cut, and billions to be raised in new taxes? While I agree your suggestion, in theory, would fill the depleted government coffers more quickly, in the real world of American politics, it won't happen in the foreseeable future. The anti-gov rhetoric is too thick.
Just listen to the "debates" amongst the Republican candidates, and you know this is true.
I'm voting for Newt Gingrich in the primaries. Assuming, that is, that he's still a candidate. Otherwise I'm voting for Ron Paul.
Oh, I'm voting for Rick Santorum. After listening to him talk about how he would make fatherhood important in America, I knew he was the guy to lead this country.
I mean, really, isn't that what we expect from a President? Isn't that consistant with the Conservative Republican ideals of less government in your personal affairs?
Right? Less government, more personal liberty.
So, that means the Presidential candidates can say they would tell you who you can marry, how to be a father, emulate what kind of religion you should follow, what kind of cultural values you should have, and much more.
Yeah, I'm voting for Rick.
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