Employees react to Tesoro saleUPDATED 10:38 PM HST Jun 17, 2013Video Transcript
slips... Tesoro Hawaii workers previously on the chopping block are safe tonight. Good evening, I'm Kenny Choi. And I'm Yunji de Nies.. This was supposed to be a week of layoffs at Tesoro Hawaii -- but over 100 employees came to work today to find out they will NOT be getting laid off. Par Petroleum Corporation --a Houston based company agreed to buy Tesoro Hawaii. Par Petroleum says it reached a de-finitive agreement to buy Tesoro Hawaii for $75- million-dollars plus the value of Tesoro's other assets. That would bring the total sales price to between $300- to-$350-million-d ollars. Tesoro expects to close on the sale in the coming months. The sale will keep two refineries operating for Hawaii, providing more production for our oil-dependant state. And will also provide jobs for hundreds of employees. KITV4's Paul Drewes caught up with some Tesoro workers after today's big announcement. For the past year, there was a dark cloud over the employees at Tesoro Hawaii. First came the uncertainty when it was announced the state's largest refinery was being sold. When that failed, many were left to wonder if they would keep on working after impending layoffs were announced. Tesoro's contract workers were also affected as the refinery wrapped up operations and started to shutdown this spring. brandon @8:27-8:44 "slow periods, less jobs we gotta find more work somewhere else. Its just unfortunate but now it seems like there is going to be more work." After new of the sale, that dark cloud over the workers and refinery's future has disappeared. mike shott@2:09-2:16 "everybody all happy right now, we all thought we'd lose our jobs, but nothing, nothing going to go that way so we're all happy now" Now, they'll get back to work getting the refinery operating again. At its peak, it could pump out nearly a hundred thousand barrels of products - like gasoline, diesel and fuel for jets each day. But it will take a while to get back to that level. Crude oil has to be ordered and processed and the refinery has to brought back up to speed. Something workers say may not happen until September. Speaking of employees, even though the first round of layoffs was supposed to happen this week -- some employees have already left -- nearly 2 dozen according to sources. There may be efforts to get those workers to return. In fact, many of the union employees at tesoro will get something they haven't had in quite a while. Job security. lynn hancock united steelworkers union spokesperson lynn@18:20-18:40 "those who are covered by the UPW contract, should a new owner - the new owner has to honor the contract and the workers in those jobs get to keep those jobs" That contract is good through January of 2015, but it only covers union workers. Now, while there was good news today -- all that uncertainty in the past 12 months has taken a toll on Tesoro employees. One longtime worker said the stress made it the worst year of his life -- and he was a Vietnam veteran. Kenny, Yunji.