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|Articles - December 2011|
|Tuesday, November 15, 2011|
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Wildwood brought two potential tenants for the building to the negotiating table: Organic Fresh Fingers and Wandering Aengus Ciderworks, small food processors in growth modes. Together, the parties devised the loan program. The city loaned each about $275,000 from the new fund to make improvements to the building that would enhance its sustainability and energy efficiency. Wildwood also offered its fledgling tenants certain incentives to locate there, including a sliding-scale lease deal under which they pay below-market rates now but will pay more as they grow.
Because food processing is so energy-intensive, utility bills comprise a huge chunk of the cost of production. The start-up principals put their heads together with Henry and Miller and came up with a list of energy-saving improvements, including solar heating units, highly efficient heat pumps, energy-efficient lighting, and so on. These improvements resulted in a 23% reduction in energy use compared to a traditionally built facility.
The tenants arrived in September and already they are realizing huge reductions in utility costs, says Organic Fresh Fingers’ president Evann Remington. “I’m shocked at how much it’s saving us,” she says. (A third food-processing tenant that has one employee, Myriad Cake Design, subleases from Organic Fresh Fingers.)
Here’s the kicker: The tenants can have up to 70% of the loans converted to a grant if they meet certain hiring benchmarks. Already, Organic Fresh Fingers, which sells organic lunch items to schools and kids’ organizations, has hired eight more employees since it moved in, bringing its total to 13. Ciderworks, which employed just two prior to the move, now has six employees and plans to hire three more after the first of the year.
Both Organic Fresh Fingers and Ciderworks can already see the time coming when they’ll outgrow their current space. That’s good, Henry says, because the incubator strategy envisions the current tenants succeeding, expanding, and moving from incubation space to new space on the same property.
Monday, July 13, 2015
BY CHRIS NOBLE
Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
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, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Wednesday, August 19, 2015
BY BRIAN LIBBY
Ben Kaiser holds his ground.
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 a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost 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.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
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Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.