Eugene, Oregon-based Farwest Steel, a distributor, fabricator and processor of flat-rolled, pipe and tube, long and plate products has received $38 million in New Markets Tax Credit for its new fabrication facility at the Port of Vancouver. Farwest announced in early June plans to build the $48 million plant.
Farwest paid the Port of Vancouver nearly $5.1 million for a 20-acre section of land in Clark County, Washington in June where the facility will be built.