The Vancouver Energy crude-oil-by-rail terminal will bring jobs and economic benefits to Southwest Washington and the rest of the state.
- Vancouver Energy will generate $2 billion in economic value to the local and regional economy of the City of Vancouver, Clark County and surrounding counties through labor income, tax revenues and profits from the terminal’s direct, indirect and induced impacts.
- More than 1,000 jobs a year – direct, indirect and induced – will be supported by Vancouver Energy once the terminal is fully operational. Clark County and surrounding counties will benefit with approximately 320 full-time jobs during the terminal construction. Plus, 176 direct on-site jobs and 440 direct off-site jobs will be created as a result of facility operations.
Vancouver Energy will support the region by attracting jobs, growing the local economy and investing in the community. Every paycheck earned ends up being reinvested back into the local community – in grocery and clothing stores, for example – for the area’s greater economic benefit.
The terminal will also unlock the economic potential of Vancouver, Washington, and the Port of Vancouver USA. Industrial growth at the Port of Vancouver USA, which generates $1.7 billion in economic benefit to the region annually, is vital to the area’s economy. Vancouver Energy is consistent with the Port’s current tenants, leverages the Port’s investment in rail facilities and is an excellent fit to achieve economic stimulus.
Thirty labor leaders from 20 different unions recently delivered a letter to Gov. Jay Inslee urging him to support the Vancouver Energy project. The terminal is also supported by business and community leaders around the state.