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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.
Friday, April 24, 2015
BY CHRIS HIGGINS
As digital security breaches skyrocket, a cybersleuth everyman takes center stage.
Monday, April 27, 2015
BY LINDA BAKER
A longtime technologist and entrepreneur, Dwayne Johnson, 53, is managing partner of PDXO/GlobeThree Ventures, a strategy and business consultancy in Portland.
Friday, April 17, 2015
PHOTOS BY JASON E. KAPLAN
The 32nd annual CBC attracted a record number of attendees (11,000) to the Oregon Convention Center.
Monday, April 27, 2015
BY AMY MILSHTEIN
Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
Monday, April 27, 2015
BY KIM MOORE
A conversation with Martha Richards, executive director of the James F. & Marion L. Miller Foundation.
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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.