Here are some numbers to consider:
• 2,650 jobs during construction;
• $135 million in wages during construction;
• $25 million in wages each year at build out; and
• More than $5 million annually in tax revenue for state, county and special purpose districts over the next thirty years.
These staggering numbers illustrate how Millennium’s proposed export terminal and existing import terminal could revitalize Cowlitz County. The data comes from Berk, a widely respected financial and economic consulting firm in Seattle, which recently published an in-depth analysis on the terminal’s economic and fiscal impacts.
The analysis’ highlights include finding that Millennium’s large, long-term lease will help attract investments needed to improve infrastructure around Cowlitz County. These upgrades to rail and other transportation networks will make Cowlitz County more attractive to other businesses and encourage new investments in the area.
Here are some tables from the study that capture the scale of Millennium’s economic impact: