How many people work at hovensa

I learned how to operate compressors and run a turnaround. Pros Overtime meals. Cons 5 day graveyard shift. Was this review helpful? Report Share. Was a good opportunity in a very competitive field. You will learn an incredible amount about industrial plants. Cons No social life. Working here was very rewarding in many ways. Financially, vacation, sick time if needed. Theo organization had state of the art equipment which make the job easy and rewarding.

Yes There are 1 helpful reviews 1 No. It was A Great Place to Work. The Plant was losing money and was Closed. It was shut down in April of I cannot give any recommendation to work there because the plant is no longer operational. Ok corporate company. Best part of it was benefits package.

However, management needed help on how to talk to employees. Still, not the worse place to work either. Yes No There are 1 unhelpful reviews 1. Your experience matters. Help out others considering your employer. Rate your employer. The environment there was friendly and family like. It had it typical issues due to lack of communication and the age of the location. In the company shutdown. Pros Great compensation and Benefit.

Cons lack of communication. Great Refinery but too much waste within management lots of room for advancement but sometimes by the cost of others. Great Benefits and Safty culture. Pros Benefits. Cons hours and enviroment. Safe, proactive, productive, fun and supportive. Short vacations, and days off between shifts.

A very cleaned oil refinery with good managerial practices. Pros Good safey, housekeeping Operator training program. Cons short days off and vacation. Great place to work salary was very good. Very understanding t culture and benefits was good. Provided k and matched it. Pros great salary. Cons long hours. In the coming days the Source will look at the impact of the closure. The first story focused on the refinery employees and their families who found themselves spread across the country and around the world.

This story is about the numbers, the macroeconomic impact of the closure on St. Croix and the territory at one year. Year-end employment figures are in and they paint a fairly terrible picture for St. Croix, where the refinery is located, but — understandably — much less impact on St. In August, the V. Labor Department reported to the Legislature the unemployment rate in the V. Looking at St. Croix alone, though, it increased five percent from a bit over 9 percent to Croix, we started seeing the impact of Hovensa almost immediately after the announcement in January," Bureau of Economic Research Director Wharton Berger said Wednesday.

In December it was at 17 percent," he said. The year-long average unemployment rate for St. Croix comes to But that Croix workers looking for work right now. How does the future look? That is difficult to say with any certainty, Berger said. It depends on the national economy, the world economy, growth of tourism for St.

The impact on St. Croix is enormous and we in the administration realize this, so we are looking for ways to help employees and also companies that are there now to thrive and grow and look at how they can improve the economy on St. Croix and also on St. Thomas," he said. Unemployment may peak towards the middle of the year and some growth may come later, he said. Meanwhile, while the unemployment rate is "a very, very bad number," at the end of it "we will be able to look forward to some growth toward the end of the year.

Recent tourism numbers, which are not final yet, look relatively good, with increases on St. Thomas after decreases earlier in the year. Cruise arrivals are still down, with around 20 percent fewer ships arriving than last year — but those ships are almost full, and if the national economy continues to grow at two or three percent a year, that may translate into better numbers for the territory too, he said.

Tax revenues, which are hurting due to the overall economic situation, are depressed considerably by the Hovensa closure. The Bureau of Economic Research projected the V. Those projections describe the broader, macroeconomic impact of the closure and its likely effect on revenues. The direct, microeconomic impact on the budget that can be clearly attributed to Hovensa is less. The latest figures and projections are still being compiled, she said. The exact figure for tax revenues attributable to the refinery is difficult to measure, Gottlieb said.

There are the direct corporate income and other taxes that Hovensa and its subcontractors paid — those revenues are easy to quantify, she said. And there are the taxes paid directly by Hovensa employees, which could be measure.

But there are indirect impacts on revenue that are harder to quantify, she said. The employees would spend money in the community, paying rent, purchasing groceries, eating out and so forth, and these would be reflected in tax revenues, according to Gottlieb. While generous severance packages softened the blow somewhat, "the simulations clearly show the termination of 1, highly paid petroleum refinery manufacturing employees and subcontractors has an enormous economic and fiscal impact on the Virgin Islands as unemployment is increasing while tax revenues are declining," Berger said in the report.

Mapp noted in his news conference that refinery operations were not as labor intensive as they once were. The terminal operated by Limetree is already employing workers and the new jobs will be in addition to those.

Mapp painted a sunny picture of what could happen if the V. Senate ratified the agreement. However, that figure will be based on market conditions and other factors. GERS has been predicted to go bankrupt by Mapp said the agreement would also promote the development of a high quality hotel in Yacht Haven on St.

Thomas — the first major hotel development in the territory in 38 years. Before the agreement can go forward it has to be ratified by the V.

Its members have complained about having to make decisions too fast. Mapp said his team had been working two years on the agreement. In May Sen. Positive T. The retrofitting of the refinery is expected to create 1, temporary construction jobs. He said ArcLight hopes to be in the market by January and hopes to produce , barrels of oil a day. The hotel in Yacht Haven is to have rooms and constructed in partnership with Island Global Yachting, the developer of Yacht Haven.

When Hovensa closed in , then Sen. Louis P. Osbert Potter and I are standing here busting with joy and excitement. Although the government is selling some of the land it obtained from Hovensa, it will retain the land and building it has been using for a vocational center on Melvin Evans Highway across from the solar farm. Log in to leave a comment.