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|Articles - June 2011|
|Wednesday, May 18, 2011|
Page 1 of 5
By Ben Jacklet
For Oregon City’s Benchmade Knife Company, the next frontier is China. Not manufacturing there — selling there.
For Redmond-based Mountain High Oxygen & Supply, it’s the Czech Republic.
For Portland’s Columbia Green, it’s Canada.
For Clackamas-based Castor & Pollux Pet Works, it’s South Africa — and China if the rules ever change.
And for Columbia Industrial Products in Eugene, it might be India. Or Brazil. Or maybe both.
As the dollar weakens and overseas economies continue to grow, Oregon-based businesses are scrambling to go global with varying degrees of success. Young companies are moving into international markets for the first time. Veteran firms are following the money into nations once written off as not worth the effort. Some are selling finished products. Others are finding their ways into global supply chains. Still others are exporting First-World expertise to nations with rising fortunes.
It’s all part of a massive global power shift. The International Monetary Fund predicts that 87% of world economic growth over the next five years will occur outside of the United States. The opportunity is vast for exporters selling to China, Brazil, India and South Korea, not to mention Colombia, Indonesia, Saudi Arabia, the Philippines, South Africa, Turkey and Vietnam.
Oregon is already a strong exporter. A recent Brookings Institution report identified the Portland metropolitan region as the second-most export-heavy local economy in the nation after Witchita, Kansas. Portland was one of four U.S. cities to double exports from 2003 to 2008, outperforming larger cities such as Atlanta, Phoenix and Miami.
This should count as an advantage, since wages tend to be higher at firms that export and ripple effects can spread the prosperity generated by international trade far and wide. But the bulk of Oregon’s success as an exporter can be traced back to one corporation: Intel. For the small- and medium-sized businesses that make up much of the rest of the state’s economy, going global can be as daunting as it is tempting. “The U.S. has been outsourcing work for a long time,” says Noah Siegel, director of international relations for the City of Portland. “Rebuilding exports is easier said than done.” Barriers to trade include language and cultural differences, protectionist trade policies, prohibitive tariffs, opaque regulations, delayed payments, questionable governance, intellectual property theft and even flat-out bribery.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
Monday, April 13, 2015
BY GRANT KIRBY | OP-ED CONTRIBUTOR
The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.
Thursday, April 09, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.
Friday, March 27, 2015
BY OB STAFF
New events series brings magazine to life.
Monday, April 27, 2015
BY JACOB PALMER
Live, Work, Play with Christine Jump.
Friday, March 27, 2015
BY COURTNEY SHERWOOD | Photos by Jason E. Kaplan
Pacific Seafood, one of the world’s largest processors, is rebranding as a more transparent and consumer-friendly operation. A controversial CEO and monopoly accusations from coastal fishermen complicate the tale.
Monday, April 27, 2015
BY JOE CORTRIGHT
The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.
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|Downtime with the director of Barley's Angels|
|Fighting Fire With Fire|
|Shades of Gray|
|Man for All Seasons|
|How to court millennials|
|Wal-Mart wants meat suppliers to improve treatment of animals|
|Scandal negatively impacts Tom Brady's endorsement value|
|John Kerry pushes TPP in Seattle speech|
|Big banks hit with $2.5B fine|
|Six Chinese nationals allegedly stole trade secrets|
|Lane Bryant owner to buy Ann Taylor, Loft|
New conference aims to solve challenges, quell fears amid regulatory changes.
Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.
34 spots for food, 17 places to sip, and 7 sites to choose a brew beckon visitors.