Pulp mill sale expected in February

Full story: Eureka Times Standard

A group of investors is set to buy the Samoa pulp mill by Feb. 5, nearly four months after it was shut down due to a dismal market.

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anonymous

Eureka, CA

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#1
Jan 16, 2009
 
What's really going on?
another view

Santa Rosa, CA

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#2
Jan 16, 2009
 
Hmmm Samoa Acquisition Corp.... Eel River Acquisition Corp... um gee do we see a resemblance here??? Is Buck Olson going to show his slimey head again and dupe more good men out of their future and leave a mess in his wake like he did at Eel River Sawmills?

There is too much a coincidence, All I can say to many of my fellow co-workers is to watch your ass-etts and keep a close hold on the rope attatched to the soap...HERE WE GO AGAIN!
Bernard Fokke

Newark, CA

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#4
Jan 16, 2009
 
The water district is liable to sink the deal with their greed if they aren't careful
Eric Kirk

Jackson St Forest, CA

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#5
Jan 16, 2009
 
Their greed? I'll use that argument next time I don't want to pay my own water bill. "Hey, don't be greedy!"
Jeff E

Eureka, CA

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#6
Jan 16, 2009
 
Eric Kirk wrote:
Their greed? I'll use that argument next time I don't want to pay my own water bill. "Hey, don't be greedy!"
If you are really worried about your water bill, you should be demanding the Water District work with the new owners & get this deal done.

Otherwise, if the pulp mill shuts down for good your water bills will skyrocket. The pulp mill pays almost half of the water district bills !!!

“Truth is Difficult to Find!”

Since: Dec 07

Eureka/Hoopa, CA

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#7
Jan 16, 2009
 
It is said that the Pulp Mill pays 40% of the Water District's bills, is this because they use 40% of the water and services required?

I don't want to see more jobs lost, but if the mill completly closed, would the work to provide water also be reduced, thus lessening the cost for suppling water to the plant?

Yes, it may increase the monthly water bill for the general public, but by how much? Taking into consideration that a large bulk of water is not being used and costs to provide it to the mill is not there, if the mill is not there.

I think the Water Board maybe using this as a tactic for future increases.

Of course, this is just a thought and could be wrong.
Grasshopper

Oroville, CA

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#8
Jan 16, 2009
 
Sounds like the mill may have been subsidizing the the District's other users. I have to believe the water the mill used is not treated potable water. Why would rates go up? Time to take a closer look at the District's revenues and expenditures.
Rey

Eureka, CA

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#9
Jan 16, 2009
 
Unless you had to develop and supply your own water out of some creek or a self dug well, you don't know how inexpensive your water really is, pure and deliverded to your tap, just look at New Orleans and how long the lines for fresh water were...
unanonymous

United States

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#10
Jan 16, 2009
 
a wise man once said, "when the well run dry you have no water.."
Codypup

Eureka, CA

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#11
Jan 17, 2009
 
My understanding is that the capacity of the HBMWD is aboput 22 million gallons per day. When the two pulp mills were running, they used about 20 million gallons per day.

It would seem that any business experiencing a 90% drop in sales, without a comensurate drop in costs, would be raising prices a lot.
Alf Doten

United States

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#12
Jan 17, 2009
 
This Moraga group will probably scrap the mill?

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