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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.
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?
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
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