The Port of Longview will bid on a portion of the old Millennium Bulk Terminals land, port commissioners decided in its February meeting.
Commissioner Doug Averett said the bid was “a no-brainer. We could absolutely utilize that land in the future or even sooner, so it just makes sense for us to look at this property.”
Millennium’s assets, including the 540 acres of land it was leasing from Alcoa on the former Reynolds Aluminum Co. site and other land at Barlow Point, reverted to Alcoa in January after Millennium’s parent company filed for Chapter 11 bankruptcy protection.
As the land is still tied up in the bankruptcy court, all bids are sealed and it’s a silent bid processes, meaning bid price and acreage cannot be publicly shared until the bankruptcy court releases the information in March, according to port staff.