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|Articles - November/December 2013|
|Monday, October 28, 2013|
Page 1 of 8
BY JON BELL
Some shine a flawless metallic silver, looking strong, vibrant and as if they’re on a mission. Others lumber by, darkened, dinged and ready to find a long, final resting place. Some are huge and heavy; others are slim and small. All are heading in the same direction together, upstream, and all just keep coming.
They are the storied Columbia River salmon — Chinook, coho, a sprinkling of pinks — making their way through the fish ladders and past the viewing windows at the Bonneville Dam near Cascade Locks in late September. At times, so many swim by in an endless parade, they nearly fill the windows and block out the light from above. As of October 1, more than 1.2 million spring, summer and fall Chinook had passed through Bonneville — the largest salmon runs since the U.S. Army Corps of Engineers completed the dam and started counting in 1938. Driving the strong returns was a mix of optimal ocean conditions, improved dam passage for adult fish returning upstream and juveniles heading out to the ocean, and several years of habitat restoration projects.
Yet despite the solid and hopeful returns this year, the numbers tell only part of the story. While more than a million fish may seem like plenty, it’s a far cry from the estimated 15 million that used to come back to the Columbia every year before dams, development, loss of habitat, overfishing and water diversion for agriculture came into play. Thirteen species of Columbia River salmon and steelhead are still considered endangered. In addition, close to 85% of the fish coming back this year are hatchery fish, not wild. There’s a good chance, based on historical trends, that 2013’s high counts will drop back down again.
This year’s salmon returns on the Columbia River symbolize much about the big-picture salmon scene in Oregon, not only on its rivers, but out in the Pacific as well. It is a situation whereby commercial salmon fishermen, hit hard by disastrous seasons and even full-on closures over the past decade, are finding a little relief, albeit temporary. Last year’s 1.9-million-pound haul was below the 2.4 million pounds of 2011, but prices rose enough to value the fishery at around $6.7 million for both years. That’s relatively small compared to other fisheries in Oregon’s commercial fishing industry, which brought in total revenue of $128 million last year. The 2012 crab harvest, for example, was worth $29 million; pink shrimp hit $25 million and groundfish topped $24 million. The improved salmon outlook for this year adds even a little more promise for the 400 or so active salmon vessels in Oregon.
The salmon scene here includes a wide range of stakeholders — fishermen, tribes, conservation groups, farmers and ranchers, government agencies and others — working to restore and preserve valuable salmon habitat and further improve dam passage. At the same time, many of those players also have to balance their own interests, be it power generation or crop irrigation, with those of Oregon’s salmon. There is innovation here, too. Researchers are using genetic information to better manage fish stocks. That same technology is allowing consumers to track the salmon they eat back to the fisherman who caught it. And progressive restaurateurs and suppliers, while still limited in how much Oregon salmon they can offer, are raising the bar for sustainably caught salmon and other seafood in Oregon and around the world.
Oregon Business cast a big net and reeled in a mix of people and projects that are working to not only revitalize the salmon economy in Oregon, but to restore the Northwest’s signature fish for future generations to come. In 2013, the outlook for a thriving salmon economy is ambiguous, but the stakes are clear.
“The good news is that if we do the right things in the right order, we can bring the commercial salmon industry back from where it is now to be many times larger than it is,” says Glen Spain, Northwest regional director of the Pacific Coast Federation of Fishermen’s Associations. “For folks like us, that means jobs and dollars and paid-for mortgages and paid-for boats.”
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Friday, August 14, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.
Wednesday, August 19, 2015
BY GARY THILL | PHOTOS BY JASON E. KAPLAN
A storied institution climbs down from the ivory tower.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Monday, July 13, 2015
BY KIM MOORE
Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
Thursday, August 20, 2015
BY DAN COOK
The state’s angel investing fund gets hammered in Salem.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.