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|Articles - Nov/Dec 2012|
|Monday, November 05, 2012|
Page 1 of 5
BY JON BELL
Over the past three and a half years, John Mohlis didn’t receive a single phone call from any company interested in learning about the capacity of Oregon’s construction workforce. As executive secretary of the Oregon State Building and Construction Trades Council, Mohlis had been used to getting such calls during headier economic days when companies considered building here, so the long silence was telling.
But in the past few months, Mohlis’ phone has started ringing again. Not off the hook, but a handful of firms have called about the manpower here should they choose Oregon from their short list of prospective project sites.
“Out of those four or five calls, who knows how many of those projects we might get,” Mohlis says, “but when the phone’s not ringing at all, you don’t get any of them. So that’s encouraging.”
All around the Beaver State, there are subtle signs that the proverbial phones have slowly begun to ring again. Yesterday’s condominium boom has been overshadowed by new apartment projects. Colleges and universities all seem to have student housing and other projects freshly opened or in the works. The massive, $133 million remodel of the Edith Green-Wendell Wyatt federal building and construction of the $160 million Collaborative Life Sciences Building at Oregon Health & Science University have kept some Portland firms humming. And a certain high-tech giant in Hillsboro has by itself boosted the state’s employment numbers with the construction of a single new plant.
Elsewhere, however, the scene still struggles. Mohlis says without the Intel fab in Hillsboro, construction unemployment around Portland would probably be averaging about 25%. A wave of publicly funded projects, approved back when times weren’t so tight, is coming to a close, and once-grandiose plans for destination resorts throughout Central Oregon have been exponentially scaled back.
The result is a construction environment that may be getting back to work, but one that has seen better days.
“The construction industry is pretty much still in a recession,” says Bart Eberwein, executive vice president of Hoffman Construction Co. in Portland. “We are all missing the good old days, but there is work out there that’s keeping us alive.”
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.
Thursday, June 26, 2014
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?
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
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