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|Articles - June 2011|
|Wednesday, May 18, 2011|
Page 3 of 5
“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.
Thursday, March 26, 2015
BY JACOB PALMER
Power lunching at the Court Street Dairy Lunch in Salem.
Friday, April 24, 2015
BY BEN DEJARNETTE | INVESTIGATEWEST
Timber companies and environmental groups take a stab at collaboration to boost logging and restoration in Oregon fires.
Thursday, May 14, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
There are more than 160 farmers markets in Oregon, contributing an estimated $50 million in sales, according to the Oregon Farmers Markets Association. We checked in on the Forest Grove market, which for several years has brought local produce and food vendors to Main Street in the center of town.
Friday, March 27, 2015
BY AMY MILSHTEIN
As baby boomers sell their businesses, too many forget the all-important succession plan.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
Wednesday, May 20, 2015
BY KIM MOORE | RESEARCH EDITOR
An earthquake would completely destroy many Oregon businesses, highlighting the urgent need for the private and public sectors to collaborate on shoring up disaster preparedness, said panelists at an Oregon Business breakfast summit today.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
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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.