Oregon announces $40M for affordable housing projects
The Oregon State Housing Council announced nearly $40 million in grants, loans and tax credits to fund low income housing around the state.
Economic development
Mentor Graphics earnings up
Mentor Graphics Corp. beat earnings expectations with a second-quarter profit of $4.3 million.
Portland gets food-scrap composting
Portland City Council unanimously passed an ordinance adding food-scrap compost services to residential solid waste service.
Lumber companies export to ramp up sales
An increase in lumber exports has given a boost to Oregon mills.
FBI, IRS raid office of Portland’s parking manager
FBI and Internal Revenue Service agents raided Portland parking manager Ellis K. McCoy’s office and apartment after years of allegations and complaints.
Jeld-Wen peddles junk bonds
Jeld-Wen Inc. faces a bad financial picture while marketing junk bonds to refinance $1.2 billion in debt.
Seismic retrofit business growing
Earthquake Tech, a seismic retrofitting business based in Portland, is growing quickly after the recent quake in Japan.
Enchanted Forest celebrates 40 years
The Enchanted Forest theme park on Interstate 5 south of Salem celebrated 40 years of business this week.
Jeld-Wen to sell majority stake to Canadian company
Klamath Falls-based Jeld-Wen Inc. announced the company will sell a majority stake to a Canadian investment firm in an $864 million deal.
Google partners with PIE
Google Inc. has partnered with the Portland Incubator Experiment, known as PIE.