|| Print ||
|Articles - May 2012|
|Monday, April 23, 2012|
Page 1 of 3
By Jon Bell
If you ask Andy von Flotow, a little bit of California dust from 20 years ago may have had as much to do with the rise of technology-based businesses in the Columbia River Gorge as anything.
In the spring of 1992, von Flotow had enough of being an MIT aeronautics professor and enough of East Coast living. He wanted to move west, so he made a couple reconnaissance missions, one to California and one to Oregon. On his visit to the Santa Cruz area, von Flotow found it nice, but incredibly dusty. When he spent a weekend in Hood River, the sun was out, the blossoms in bloom and the mountain in full glory — the kind of conditions that would make just about anybody want to move to Hood River.
Von Flotow bought an old orchard and farmhouse that weekend and moved his family out soon thereafter.
“It was really the most arbitrary of decisions,” he says. “Who wouldn’t want to move to the nicer place?”
Soon after von Flotow planted roots in Hood River, his friend and Stanford classmate, Tad McGeer, moved to the area and the two co-founded a small unmanned aerial vehicle company called Insitu across the river in Bingen, Wash.
Fast-forward 20 years, and Insitu’s UAVs have since logged hundreds of thousands of hours of military and civilian missions around the world. Boeing bought the company for a reported $400 million in 2008; revenue hit the same number in 2010. Today, more than 800 people work for Insitu, with hundreds more finding work in technology startups that sprung up directly from or around Insitu along the way.
And there’s Google, which built a data center complex in The Dalles in 2006, in part because of the region’s climate and cheap power, along with the scores of small companies and solo tech entrepreneurs who’ve set up virtual shop in the Gorge as a way to work while indulging in the region’s renowned quality of life. Arbitrary or not, it makes for a vibrant and expanding scene centered around technology.
“The tech sector in general has grown significantly, a lot of which has been fueled by the growth of Insitu,” says Jessica Metta, executive director of the Gorge Tech Alliance, an industry nonprofit based in The Dalles. “But lots of other companies are growing as well. There’s definitely a nexus out here.”
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?
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Gold futures drop to six-week low|
|The 'Pill' linked to breast cancer risk|
|Adidas reveals profit warning|
|Target appoints new CEO|
|U.S. economy grew by 4% in Q2|
|Twitter Q2 revenue surges|
|Pfizer results beat estimates|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.