Article: Bakersfield, Calif., Shell Oil Refinery to Close in 2004.

By Erin Waldner, The Bakersfield Californian Knight Ridder/Tribune Business News

Nov. 14--The uncertainty is over.

The Shell Oil Refinery on Rosedale Highway will close by late next year. The decision to discontinue operations by Oct. 1, 2004, was made public Thursday, confirming rumors that had been circulating for months.

The refinery employs about 250 workers with an annual payroll of $30 million. It uses about 150 contractors, which it pays another $13 million.

All those workers will be laid off or transferred, and the plant, which sits on 250 acres, will be dismantled.

In addition to the loss of money infused into ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!