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Uncertain Gas Supplies Threaten Plant in Anchorage, Alaska, Area.
Byline: Tim Bradner
Nov. 5--Agrium Corp. packs a big economic punch for the Kenai Peninsula economy, but rising natural gas prices and possible shortages of gas in Cook Inlet could threaten the plant's viability.
The company operates a major nitrogen fertilizer plant at Nikiski, north of Kenai, and is one of the peninsula's major employers. Agrium workers earn an average of $83,000 per year, more than three times the $25,000 yearly paid on average by other private employers on the peninsula, according to a new report by McDowell Group, a Juneau-based economic consulting firm.
"For good-paying jobs created by value-added manufacturing of raw resources, this is as good as it gets," said Jim Calvin, managing director of the McDowell Group. Directly and…
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Source: HighBeam Research, Uncertain Gas Supplies Threaten Plant in Anchorage, Alaska, Area.
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