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|Articles - Jan/Feb 2012|
|Thursday, January 19, 2012|
Page 5 of 5
As Oregon tries to dig out from the recession, there are signs that some of the social and economic conditions that affect Oregon M&A activity may be changing: new laws expediting permitting of companies on industrial land, a burgeoning activewear industry cluster, and passage of education reform legislation to begin shoring up state universities.
The Oregon Innovation Council recently awarded $1.2 million to a new collaborative, Drive Oregon, intended to commercialize electric vehicles. “The only way to do it in a small state is to recognize you’re small and you need to work together and pool your resources,” says Chen.
Meanwhile, ESCO and Erickson AirCrane may end the Oregon IPO drought, and among the new generation of companies and entrepreneurs, especially in the tech community. Portland-based Puppet Labs, which develops IT automation software, and Urban Airship, a mobile software developer also in Portland, are actually getting big. The latter’s transformation from unemployment benefit-funded startup to a 600% annual growth rate already is becoming the stuff of
“There’s nothing in their DNA saying: ‘I’m going to be a nice little Oregon company. They’re world-class,” says Diane Fraiman, a partner at Voyager Capital, based in Portland and Seattle, about this new generation.
Maybe Urban Airship, which launched in 2009 and has since attracted about $26 million in investment capital, will become the next Mentor Graphics. Then again, such companies may still be swimming against the tide. As a growing number of commentators have noted, the entrepreneurial ethos is becoming a hallmark of our era.
“Generation Y is born to start up,” proclaimed Fast Company in November. If that’s the case, Oregon is on the frontlines. Writing in a recent New York Times essay, Portland author William Deresiewicz described the region as an epicenter for “Generation Sell,” in which “today’s ideal social form is not the commune or the movement or even the individual creator as such; it’s the small business.”
Deifying innovative locally owned small businesses put Oregon on the global map. But the region’s love of the new idea, and its acquisition and scaling by outsiders, has also become something of a metaphor. If we don’t figure out how to keep and grow more of our innovation — be it in coffee, clean tech, or urban planning — the region’s unique topography may just disappear.
Tuesday, May 26, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.
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 LINDA BAKER
Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers.
Monday, April 13, 2015
BY GRANT KIRBY | OP-ED CONTRIBUTOR
The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.
Tuesday, May 26, 2015
BY KIM MOORE
A conversation with Gene Pelham, CEO of Rogue Credit Union.
Friday, May 22, 2015
BY AMY MILSHTEIN
Floor plans embrace the great wide open.
Monday, April 27, 2015
BY KIM MOORE
Are we too quick to diagnose corruption?
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
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.