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|Articles - December 2011|
|Tuesday, November 15, 2011|
Page 1 of 2
By Dan Cook
As the state’s economic malaise continues to suck the life out of industry after industry, one sector has withstood the worst of the blows. Food processing in Oregon and the Pacific Northwest as a whole has grown over the last few years, according to industry statistics. The state’s estimated $12 billion food processing industry has its giants — Reser’s, NORPAC and Truitt Brothers — but its true strength lies in its small businesses.
In a once-vacant building in a formerly bankrupt business park in Salem, all of the strengths of this resilient industry are on display in a collaborative commercial venture featuring two small businesses, one visionary developer and a flexible city government.
The facility, located just off Interstate 5 in South Salem, was part of the Sunwest Corp. real estate meltdown. Today, it’s owned by Wildwood/Mahonia, a below-the-radar diversified group that has been quietly carving out space for itself in the sustainability marketplace. Wildwood purchased out of bankruptcy the building and the surrounding acreage in 2010.
Wildwood partners John Miller and Travis Henry saw an opportunity to do something creative that would not only contribute to their own bottom line, but to the environment and the economy as well. They would create a business incubator with small-business tenants who shared their sustainability values. As the tenants prospered, so would the developer, went their version of the vision. They were targeting food processors because of the resiliency of the sector. “We love ag,” says Henry.
Here’s how the deal was accomplished, according to Henry: The Wildwood partners knew the 14,000-square-foot facility was in a City of Salem Urban Renewal District. They found out there was still $1.4 million in the district’s development account after the city had completed its last project in the district. “We suggested they use it to create a loan program focused on supporting small businesses,” Henry says. The city was willing.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Thursday, July 09, 2015
The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger. About 80,000 people attended despite temperatures in the upper 90s.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened its third Portland store in the Cedar Mill neighborhood this year; another outpost in Bend broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
"I feel private enterprises are capable of operating at a higher efficiency than state government."
"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Wednesday, June 10, 2015
Jeff Lang and his wife Rae used to dole out campaign checks like candy. “We were like alcoholics,” Lang says. ”We couldn’t just give a little.”
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
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Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.