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|Articles - June 2011|
|Wednesday, May 18, 2011|
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“We’re developing a more global sales team to capture this business,” says Sowards. “Because there’s business to be had. We’re growing it every day.”
Scott Goddin, director of the Portland Export Assistance Center, says one of Oregon’s strengths as an exporter is a strong supply of businesses that make components for industrial applications. Rather than moving into a new market independently, these companies partner with a larger business with global reach — say, Boeing or Intel or Apple or General Electric — and fill a niche in the supply chain. That business model has proved lucrative for two of Oregon’s healthiest corporations: Precision Castparts (which sells to Boeing) and TriQuint Semiconductor (which sells to Apple). It has also enabled far smaller businesses such as Columbia Green to go global for the first time.
Columbia Green was a tiny green roof business headquartered in Portland’s Central Eastside when CEO Vanessa Keitges signed a deal with Firestone Building Products in August 2010. The deal “expanded our reach overnight,” Keitges says. “In about six months we quoted $15 million in green roof projects. We never would have been able to do that on our own.”
A recent trip to Toronto with Portland Mayor Sam Adams helped Keitges close Columbia Green’s first major international sale, a million-dollar deal for the roof of a Wal-Mart planned for Vancouver, B.C. It probably won’t be the last sale of its kind, given strict new laws requiring green roofs for new buildings in Toronto and Vancouver. Keitges says she expects Columbia Green to grow from five employees to 12 in 2012, while providing significant work for the manufacturing company in Camas, Wash., that builds the roof linings, the Canby business that supplies the pumice-based soil for the roofs and the Portland freight company that ships it all into the Firestone supply chain.
Few businesses have wider global reach than Firestone. One of the few that does is General Electric, which signed a memorandum of understanding with the City of Portland several years ago to nurture green innovators. As a result of that partnership, eight local clean-tech businesses vetted by city economic development officials recently met with GE representatives to pitch their ideas and explore potential partnerships.
Perpetua Power Source Technologies hopes to get a similar boost from its recently announced partnership with Altima Corp. to distribute its products in Japan. The 20-employee Corvallis company has created an innovative small-scale power source that uses no fuel, instead converting heat from industrial processes into electricity. “We have a product that works, and it fits into their distribution channels,” says vice president of marketing Jerry Wiant.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, April 24, 2015
BY AMY MILSHTEIN
Male tech workers speak out on the industry's gender troubles.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Tuesday, March 10, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Baseball is returning to Portland and city officials are hoping economic opportunity comes with it.
Thursday, April 23, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The entrepreneurial spirit was alive and well at the Oregon Angel showcase, an annual event for angel investors and early stage entrepreneurs.
Friday, March 27, 2015
BY JOE CORTRIGHT
The CRC is a cautionary tale about how we plan for, finance and invest in transportation infrastructure.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.