Reynolds Metals Co. v. Department of Revenue

Edward H. Howell, Judge.

The sole issue presented in this appeal is the true cash value of the buildings, machinery and fixed equipment at plaintiff’s Troutdale plant for the tax year 1968-69. The value of the land is not in dispute.

The Troutdale plant was originally constructed by Alcoa in 1941 and 1942. The plaintiff acquired ownership in 1950. The plant, consisting of four pot lines plus other buildings and equipment common to an aluminum reduction plant, was originally designed for a capacity of 72,000 tons per year.

Prior to 1960 the plaintiff had various disagreements with the Multnomah…