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|Articles - April 2012|
|Thursday, March 22, 2012|
Page 2 of 3
“The city’s growth in personal income or average wage per job has not kept pace with its reputation as an innovator,” says Skip Rung, executive director of the Oregon Nanoscience and Microtechnologies Institute and a member of the economic development commission. Rung and other members said the plan endorsed by the council aims to reverse these trends by focusing on three action areas: growing and retaining startups, supporting existing employers such as CH2M HILL, and “leveraging existing assets,” by creating enterprise zones or marketing the vacancies that exist on the Hewlett-Packard campus.
Unsurprisingly, the city plan targets OSU as a key resource for spinning off research-based businesses. The university’s history of nurturing new companies dates to the 1930s, when a professor and three students started CH2M HILL, which is now headquartered in Colorado. Today the university seeks to keep local startups from decamping to other cities, says OSU vice president for research and commission member Rick Spinrad. Possible strategies include giving such companies access to university libraries and fee-based materials. The larger question, says Spinrad, “is what can the university do differently to support business?”
Another commission member, Nick Fowler, CEO of Perpetua Power Source Technologies, said the city aims to more fully exploit synergies between the university, HP and CH2M HILL. A former HP employee, Nick Fowler noted that Perpetua’s thermo electric technology is only “one or two degrees of separation” from his former employer’s inkjet technology.
As city leaders grapple with growing businesses and creating jobs, one sector has already taken off: student housing. Capitalizing on student population growth and an apartment vacancy rate of less than 1%, developers are planning at least four major off-campus student housing developments. “It’s a beneficial time for building units,” says Tom Gerding, a contractor who is building one of those projects: 7th Street Station, an 82-unit complex with 308 bedrooms. Gerding also is working on two affordable housing projects.
Not everyone is enthusiastic about the city’s housing boom. “It feels as if Corvallis is under siege from housing developers who say, ‘Ooh, we can build student housing there,’” says Louise Marquering, one of many Corvallis residents who have organized to protest parking, congestion and other problems stemming from OSU’s growth. The university, says Marquering, needs to have its own plan to house students instead of relying on private developers.
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Friday, February 27, 2015
BY OB STAFF
Oregon Business held its 22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.
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.
Thursday, March 26, 2015
Janet LaBar, Executive director, Greater Portland Inc.
Friday, March 13, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Ten startups have secured venture capital, angel or seed funding in 2015.
Thursday, March 26, 2015
BY LINDA BAKER
Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.
Thursday, April 23, 2015
BY JASON NORRIS | GUEST BLOGGER
There are winners and losers with a strengthening U.S. dollar.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Thinking about an MBA? Join us for our upcoming Wine & Cheese Information Session to learn more about Concordia University's MBA program.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.