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The investors of Micro Power Electronics sold the company to California private investment firm Weston Presidio for an undisclosed amount. Micro Power CEO Greg Love says the transaction will give the company the stability to expand further and remain in Oregon. “We continue to grow here,” Love says. The company, which has 250 employees, had revenue of just over $40 million last year and Love says the plan is to double that number in the next two years. Micro Power makes custom battery systems for portable electronics in markets such as medical devices, retail and homeland security.

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May 29: 100 Best Green Companies 2013

Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013

Press Releases

Bioscience complex will house six local companies in 2013

From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.

Introducing HalfOffOregon.com

MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.

The doors are open to Vernon's NEW Office location

As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.