Business News

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Tesoro plans to shut down it’s March Point refinery for maintenance for several weeks starting in mid-January.

It’s unusual for the refinery to completely shut down. Closing down individual sections one at a time every three or four years is the usual practice, according to Tesoro Anacortes human resources manager John McDarment.

Considering that low oil prices are cutting profit margins, “this is as good a time as any,” he said.  McDarment indicated the refinery’s 360 workers will remain on the job through the maintenance shutdown.

The refinery generates about $30 million annually in employee salaries and wagers, as well as property taxes. It processes crude oil primarily from Alaska, Canada and Southeast Asia. 

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