Economic Impact of the Whiting Allocation On Oregon Coastal Communities Hearin
Economic Impact of the Whiting Allocation On Oregon Coastal Communities Hearin
Business Opportunities United States Congress House Committee On Small
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57 Not only was this a poor process but the effect of this decision to Oregon coastal communities is enormous. It is expected that most of the quota will be taken by the offshore factory fleet. The total onshore industry is expected to take about 31, 000 to 35, 000 metric tons and Oregon is expected to harvest and process about 25, 000 mt. The Oregon industry had expected to harvest and process about 80, 000 mt. The difference to Oregon is a loss of about $33 million in personal income or the l...oss of about 1, 650 jobs. (Job equivalents at $20, 000 annual Income. ) The existing plants on the Oregon Coast for Pacific Whiting >yill only be operating at about 30% of their capacity. Mr. Chair, I can tell you as can my colleagues representing the Oregon Coast that this is a disastrous decision, and it has a direct impact on our commimities. If you take this decision and add to it the crisis in our timber industry, and the possible listing of the Salmon on the Endangered Species List, the result is that the Oregon Coast is in tough economic times.
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