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|Archives - February 2009|
|Sunday, February 01, 2009|
THE CENTRAL QUESTION
What will replace Central Oregon’s collapsed housing-reliant economy? The answer is multifaceted — and hopeful.
BY ABRAHAM HYATT
Welcome to Central Oregon, where the economic news is grim and the bottom is nowhere in sight. It’s no secret why: The one major engine behind the region’s fast-paced growth was the housing boom. When that evaporated, the reverberations slammed through the region, hitting some of the biggest employers, like wood products manufacturing, particularly hard.
“There’s no natural grouping of industries that will propel [a rebound],” he says. “We become too tied up in what specific industries are going to lead us out. What’s more likely is that we’ll bottom out and then our general growth over time will lead us out.”
“They’re going to be small drivers, not like what you see over here in the [Willamette] Valley,” Penwell says. “But these are firms that are still going to be growing from 50 to 150 employees.”
Within the various niche industries, the sporting goods mini cluster — like the high-tech sector — is often mentioned as having a growing role. Jennifer Woods, a senior international trade specialist with the U.S. Commercial Service, lists some of the fastest growing: Metolius Mountain Products (rock climbing equipment), Ruff Wear (outdoor gear for dogs), Greatoutdoors.com (online retail), Kialoa Canoe Paddles, and Entre Prises (climbing walls and handholds). Many of them, she says, are finding work on the international market to balance out what’s happening at home.
Economic growth is only possible if there’s a place for businesses to grow or move into. Over the past several years, Redmond has aggressively expanded its urban growth boundary, which has allowed it to respond to the need for manufacturing-ready land far quicker than its neighbors, Jackson says. That expansion process is crucial for cities, he says, because the enterprise zones that are subsequently created are one of the only tools a city has in attracting and keeping businesses. Prineville and Madras are following in the footsteps of Redmond.
Despite public agencies’ efforts to stimulate growth, the overall economic market sometimes dictates success or failure. The best example of why Central Oregon’s economy will be rebuilt by many different industries instead of one major player lies in the aircraft cluster. The sector was once considered an economic rock star, providing thousands of jobs that ranged from manufacturing planes to making safety and utility equipment for helicopters and airplanes.
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN
A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.
Monday, January 26, 2015
BY BRIAN LIBBY
Matt French opens up South Waterfront.
Tuesday, December 09, 2014
BY LINDA BAKER
On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.
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.
Saturday, December 13, 2014
A look-in on the life of Norris & Stevens' president, plus an abridged Powerlist for the best commercial real estate firms.
Tuesday, January 27, 2015
BY LINDA BAKER
Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.
Thursday, December 11, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask business and nonprofit leaders how they survive the season.
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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.