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|Articles - July 2011|
|Wednesday, June 22, 2011|
A partnership between the Coquille Indian Tribe and Perpetua Power Source Technologies will bring a new assembly and production facility to tribal-owned property in North Bend. The plan, which has been in development for a year, will also allow Perpetua to expand the manufacturing capabilities of its renewable thermoelectric technology at Corvallis company headquarters.
Coquille spokesman Ray Doering says the new facility meets the tribe’s sustainability criteria for the 50-acre Ko-Kwel Wharf, which so far is vacant except for an RV lot and the Mill Casino and Hotel. “We are trying to develop the waterfront into an innovation center with businesses such as renewable resource development and clean recycling,” Doering says. The Perpetua plant, which is expected to employ about 30 people, will also provide local jobs “in a community where not a lot of development is taking place,” he says.
The tribe and Perpetua, which makes green components for wireless sensors, would not state the amount of the investment, except to say the partnership will give Coquille a controlling stake in the company. (Perpetua launched in 2005 and currently employs 25 people). “We were looking to carry the lead on series B Funding and the tribe stepped up and said it was interested in being part of the deal,” says Perpetua VP Jerry Wiant.
The plan also includes new manufacturing equipment for the Corvallis plant, and reactivation of Foreign Trade Zone status for the North Bend facility, a designation that would eliminate import tariffs on raw materials. The partnership “is a significant step for both parties,” says Wiant. “We get extra space and the tribe gets to kick off development of the wharf.”
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?”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
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