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|Articles - April 2014|
|Thursday, March 27, 2014|
Page 5 of 6
What do they talk about instead? Fracking. Shale oil. Tar sands. In terms of domestic abundance and low price. And while Wyatt says there’s a lot of grappling over what, exactly, that means, it could signal the return of basic manufacturing to America, particularly as wages rise overseas. “Is [the manufacturing revival] all going to come to Portland? I don’t know.”
But what it may mean for the Port is that the export economy may still grow, fueled either by local manufacturing or by exporters based in the Midwest, like car companies that will use the rail link to Portland to transport goods overseas.
Already, there’s evidence this trend will come to be. Sectors that moved offshore in the last 15 years are coming home: steel making, aluminum making, metal fabrication. And true to its gateway roots, the Port of Portland has relayed a steady stream of cars from Detroit to Asia in the last two years, exports that may be the first trickle of a stream of Asian-bound exports that have yet to arrive. Nine thousand Fords left the Port for South Korea and China last year. Next year, 40,000 China-bound exports are expected to roll through town. Auto Warehousing Company, which handles the flow, recently announced a $2.8 million expansion and another 50 jobs.
With those factors in mind, Wyatt says he isn’t ready to call all this movement of people a macroeconomic shift, though he notes air travel is a growing emphasis at the Port and for most business sectors.
Poised to pursue all possibilities to grow jobs and stay relevant, the port’s posture echoes a unique moment for the Portland region — and for Oregon. It’s a time of change, as the region transitions from a place of exporting goods to a place conceived in its own image, one that many years from now may simply be home rather than a ring around the waterfront, or agriculture, or even Intel.
The future of the Port, and of Portland, depends on an array of complex and contradictory micro- and macroeconomic forces: the rise of China, onshoring, livability as an economic strategy and the dematerialization of goods into services. Figuring out how to navigate these murky waters — that is the Port’s challenge going forward.
Wednesday, June 17, 2015
Friday, May 22, 2015
BY LINDA BAKER | PHOTOS BY JASON E. KAPLAN
As the recession recedes and tourism grows, Central Oregon resorts redefine themselves for a new generation.
Friday, May 22, 2015
BY ROBERT MULLIN
Latest development in Nestlé plant saga sparks debate about the value of water.
Thursday, June 18, 2015
Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Wednesday, June 03, 2015
As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes.
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Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
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