Day after day, rail cars full of a mysterious white powder, marketed by a cartel and desired by people all over the world, stream into Portland. This powder, responsible for hundreds of local jobs and millions of dollars of revenue for local businesses, illustrates an important, if not often discussed, strength of our region’s economy.
Many CEOs feel creativity should be limited to new-product development and advertising. They are missing out in a big way.
According to a Bureau of Economic Analysis report, per capita income dropped in each of Oregon’s metropolitan areas.
Ecotrust CDE has allocated over $60 million in tax credits to businesses that are creating green jobs in struggling timber communities.
The cost of living in the Portland region is higher than 84% of all other metropolitan areas.
Portland-based Showers Pass Inc. sells high-end bicycling gear through about 400 retailers in the U.S. and Canada.
Umpqua Bank opened its newest location today on SE Hawthorne Boulevard, a branch styled as a folksy hangout to further the bank’s goal of embedding in Portland neighborhoods. This is the first of five “stores” that Umpqua plans to build through 2011, an expansion by 25% within the metro area for Oregon’s dominant regional bank.
Tigard’s Powin Corp. launched a wholly-owned subsidiary that will provide manufacturing services to the renewable energy industry.
Nike’s fiscal second-quarter earnings increased 22%, exceeding analyst expectations of Oregon’s largest company.
The Portland Timbers expect to surpass 10,000 season tickets sold by the end of the year in advance of their inaugural season as a Major League Soccer franchise.