New McCormick & Schmick’s owner has big plans
Houston-based restaurant tycoon Tilman Fertitta has big plans for the new restaurant chain he has agreed to buy–Portland’s McCormick & Schmick’s.
Economic development
Urban Airship raises $15.1M
Portland mobile software developer Urban Airship raised $15.1 million in strategic investment from Verizon and Salesforce.com.
Alaska Airlines to run on biofuel
Alaska Airlines will begin flying 75 commercial passenger flights powered by biofuel made from cooking oil this week.
Portland business districts win grants
Four Portland business districts won Venture Portland’s first ever economic development grants.
Cruise line to hire 180 in Springfield
Royal Caribbean plans to hire 180 people at its Springfield call center this fall.
Jet aircraft manufactured in Lincoln County
A father-son team completed their first personal-sized jet aircraft manufactured in Lincoln County.
Portland company to build Facebook data center in Sweden
Portland-based Fortis Construction will help build Facebook’s new data center in Sweden.
Promotional Coke cans coming from Wilsonville
Coca-Cola announced plans to make its holiday cans benefit polar bears, and the white cans will be filled and distributed at its Wilsonville bottling plant.
Umpqua Bank profits increase
Umpqua Holdings Corp. profits more than doubled in the third quarter compared to a year ago.
TriQuint shares sink
TriQuint Semiconductor forecast another down quarter, and stock fell more than 11%.