Jordan Cove and its associated infrastructure will be the single largest private investment in Oregon's history. The $7.5 billion project will be built over 42 months and bring much-needed economic benefits to Coos County. Jordan Cove will also be constructed under a signed Project Labor Agreement, committing to using a highly skilled workforce with experience building projects in Oregon and the Pacific Northwest.
Jordan Cove Economic Benefits:
- Total capital investment of export facility and power plant: $6 Billion
- Estimated peak LNG terminal construction workforce of more than 2,100
- Approximately 150 permanent LNG facility jobs with average wages of $75,000/yr. plus benefits
- Property taxes will contribute $20 million to Coos County for the first three years and $30 to $40 million each year thereafter
- Economic incubator for maritime trades and further development in the Port of Coos Bay
Ripple economic benefits for small businesses and job training programs in southern Oregon