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|Articles - June 2011|
|Wednesday, May 18, 2011|
Craft beer is about 5% of the national beer market. And while consumption of beer overall fell by about 1% last year, craft beer consumption was up 11%. Oregon beer production has increased 15.2% since 2008.
Eugene-based Ninkasi Brewing wrapped up a $4 million expansion last year, and is on track to sell 50,000 barrels this year, up from 30,000 last year. Ashland-based Caldera Brewing grew by 38% in 2010 and has tentative plans to build a new brewery this summer. Standing Stone Brewing, also in Ashland, reports steady growth over the last four years, with projections of 15% growth this year. Portland-based Lompoc Brewing installed a new silo in January of this year that will double its capacity.
Deschutes is currently constructing an $8 million expansion that will add 6,750 square feet to its production facility and will include five new fermentation tanks, a new two-story building to house future processing equipment, an electrical control room, and new restrooms and showers for the staff. The expansion will increase Deschutes’ brewing capacity by about 100,000 barrels per year. The company sold 205,000 barrels in 2010 and is expecting to sell 225,000 this year. Construction is expected to be finished by mid-2012.
The plan has been in the pipeline for years, says Fish, but he waited to see how the recovery would pan out. “Now we can no longer wait, we need the production,” he says.
Kurt Widmer of Widmer Brothers Brewers, which merged with Red Hook in 2008 to create the Craft Brewers Alliance and has since purchased two breweries, points to the relatively small market share that craft beer commands over non-craft competitors. There’s room to grow, he says, and thinks the explosion of craft breweries across the state is a good sign.
“It’s made more and more people interested in beer,” he says. “Clearly, we’ve all benefited from that.”
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
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Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.