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|Articles - June 2014|
|Thursday, May 29, 2014|
Page 1 of 2
BY JESSICA RIDGWAY
Company: Works Electric
Brad Baker, CEO and co-founder of Works Electric, is a good husband. His wife, an OHSU employee, sought a more efficient way to commute up Marquam “Pill” Hill, so she asked Baker to build a transportation solution. It needed “to fit in a house and be safe, but also be powerful enough and sturdy enough to do the duty every day,” says 32-year-old Baker, a former engineer at General Motors. Thus was born the Rover, a portable electric scooter that is “pretty sweet looking,” Baker says, “something I wouldn’t be self-conscious riding.”
Funded out of pocket, Works Electric now manufactures electric scooters and customizable motorcycles at its Portland workshop. “I work closely with the customers,” Baker says. “They tell me how powerful they want the [motorcycle] to be, how fast they want it to go and what they want it to look like, and we do it.”
The company launched at a propitious time. “There has been extreme growth in the adoption of e-bikes recently,” says Baker, who so far has sold more than 30 scooters. But the product isn’t cheap; the Rover costs $4,950, and the Rover BR, with a few more bells and whistles, has a base price of $5,750. “We really have to put a lot of work into changing people’s habits and getting them to commit to something like this,” Baker says.
What’s next? Works Electric is targeting commercial activity: tourist resorts, rental businesses and private security agencies. The company also plans to release two new models this summer: a light, off-road version and one for “repeated heavy use,” Baker says.
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?
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Wednesday, August 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.