Harry & David’s bankruptcy rattles Medford
With Harry & David restructuring in bankruptcy, Medford residents worry about the effect on their community.
Critics question Oregon film incentives
State film and television incentives have drawn shows such as “Paranoid Park” and “Leverage,” but critics claim they are a poor way to allocate state money.
Higher fuel costs passed on to shipping customers
Higher fuel costs are not just affecting consumers at the pump, but also being passed on by businesses whose shipping costs have risen.
Salem highlights solar energy
Solar panels on the Salem Conference Center were purposefully placed so that they would be partially viewable from the street.
Forest Grove offers business incentives
The Forest Grove city council approved new business incentives that they hope will attract entrepreneurs away from nearby Beaverton and Hillsboro.
A mini-boom in commercial real estate
Oregon economist Bill Conerly says we are currently under-building commercial real estate, which will lead to a mini-boom. The pipeline of new buildings is thin, so as the economy improves, there will be very little additional space coming to market. Occupancy rates and rents will rise. The resulting increases in operating earnings will cause the mini-boom. However, a true boom requires easy money, which is not part of our future, at least over the course of the upcoming cycle.
State budget committee recommends deep cuts
The three co-chairs of Oregon’s Ways and Means Committee recommended deep cuts to schools and other programs to deal with the state’s severe budget shortfall.
Oregon paper industry losing to mills overseas
Oregon’s once-booming paper industry is losing out to overseas mills, as more and more recycled paper is being shipped to China.
Agilyx lands $22M
Tigard-based Agilyx Corp. landed $22 million in venture capital for its method of turning waste plastic into crude oil.
Fort George Brewery celebrates new canning line
Fort George Brewery in Astoria celebrated the end of a yearlong, million-dollar project to launch their beers statewide with a special Lager off their new canning line.