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|Articles - October 2013|
|Monday, September 30, 2013|
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STORY BY CHRISTINA COOKE
Steel bolts produced at the Portland Bolt & Manufacturing Co. shore up numerous landmarks in the Rose City — the Convention Center, the U.S. Bank Tower and the canopy at the Timbers’ soccer stadium included. In fact, bolts produced at the company’s Northwest Portland factory do serious work all over the world, anchoring everything from roller coasters at Disneyland to a power plant in Egypt and a copper mine in Peru.
Although Portland Bolt has been in business for 101 years — and turned out a whopping 5.75 million pounds of bolts for projects in 50 states and 31 countries last year — it’s not a company most people have heard of.
“We’re an under-the-radar type of business,” says president and CEO Jonathan Todd, who has been in charge since 2005. “Most of the time people don’t think about our product, because it’s underground or in the concrete or covered up by wood.”
In a state known mostly for its large high-tech and apparel manufacturers, the smaller, grittier manufacturers often get overlooked. After all, it’s far sexier to talk about the company developing mobile technologies or sponsoring Olympic athletes than the one manufacturing PVC pipe for under your sink.
Yet the manufacturers working in metal, wood, plastic and other basic materials drive a significant portion of the Oregon economy. In addition to providing thousands of people with stable employment, they produce essential components for larger industries. Behind the scenes, they make the scuff boards, the brake pins, the conveyer belts, the power-line transmission anchors — and the countless other nonglamorous pieces — that keep the construction, transportation, food-processing and power-production fields running smoothly.
“Small manufacturers are a fundamental part of the economic makeup of the state,” says Jay Clemens, president and CEO of Associated Oregon Industries, a private nonprofit that advocates for Oregon businesses. “They’re all part of a highly integrated industrial base, and collectively, they have a huge impact on Oregon.”
Though manufacturing has declined significantly across the country over the past few decades, the Portland metro area has managed to maintain a surprisingly strong manufacturing base. As of 2012, manufacturing workers comprised 11% of the metro area’s workforce, compared with 8.5% in other major metro areas, according to a study compiled by ECONorthwest for the Value of Jobs Coalition. Of the 100 largest metro areas in the country, in fact, Portland’s manufacturing sector ranks 17th in size.
In addition, according to the Oregon Employment Department, a vast majority of the state’s manufacturing firms — 87% — are small, employing fewer than 50 people.
Chris Scherer, president of the Oregon Manufacturing Extension Partnership (OMEP), a nonprofit that works with businesses to improve their ability to compete in the global economy, says small manufacturers in core industries make up the bulk of his clientele.
“The overall intelligence level of the companies that survived the recession is way higher than it was,” he says. “Folks are looking over the horizon and are far more interested in things that will result in growth: new business ideas, expanding products and taking advantage of the new technologies available.”
We need to recognize the small firms, Clemens says, because their well-being affects the state’s ability to sell outside its borders and generate wealth. “The more their role in the economy is recognized,” he says, “the smarter we all get in public life about how we legislate and how we make an environment that allows Oregon’s small manufacturing base to be competitive in the larger economy.”
With this in mind, we ventured into oft-overlooked industrial districts across the state to talk with the people producing the nuts and bolts we rely on but rarely see. In addition to understanding the role these manufacturers play in the Oregon economy, we wanted to know what global and local forces these small business are up against and how they’re adapting in response.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
Friday, January 09, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Industry groups identify top trends for 2015.
Saturday, December 13, 2014
Seven tidbits about the president and CEO of AKT Group.
Tuesday, January 27, 2015
Power Lunch at the Imperial.
Monday, January 26, 2015
BY AMY MILSHTEIN
Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.