Tidewater is rehiring some employees back after the locks will reopen on the Columbia and Snake Rivers. The locks were shut down for approximately three months. There are over 8 million tons of cargo at over 2 billion dollars of value that moves up and down the Columbia and Snake Rivers per year. This is ranging to about 40% of all the exports in the NW travel on the Columbia River. The main product has been wheat. This will help obviously with the economies of the river when the locks are reopened. In the past, it typically shut down for just three weeks a year for maintenance. This time, it was for a major overhaul replacement of a couple of doors. The good news is that over 100 employees will have their jobs back full time and part time will go back to full time.
NMLS # 70269
Sr. VA Loan Specialist