Tuesday, December 6, 2011

Tesoro to invest $180M in Salt Lake City refinery

Tesoro Corp. said Monday it plans to invest $180 million to expand crude oil processing at its Salt Lake City refinery. The San Antonio, Texas-based refiner said the investment is expected to increase processing capacity at its 58,000 barrel-per-day Utah facility by 7 percent, or an additional 4,000 barrels per day. The company employs about 250 at its Utah refinery, but a spokeswoman said she could not supply information Monday about how many jobs, if any, would be created by the expansion. Salt Lake Tribune