Sponsored by Energy Trust

PORTLAND

| Print |  Email
Archives - August 2007
Wednesday, August 01, 2007

t_Map_PortlandMetro

Bank of the West has relocated its downtown commercial offices to the iconic KOIN Center to accommodate recent growth and in anticipation of future expansion in the Northwest. This will be the first time the bank’s national banking, equipment leasing, agricultural and commercial real estate, wealth management services, and private banking will be under one roof. The 12,000-square-foot space accommodates 38 employees, including 18 new management and support positions created by the expansion, according to Bill Williamson, executive vice president of the Northwest region division.


The national headquarters for Marquette Healthcare Finance will now operate out of One World Trade Center in downtown Portland. The new branch of Minneapolis-based Marquette Financial Companies provides financing to small health-care organizations. Martin Golden, executive vice president and managing director of Marquette Healthcare Finance, says smaller markets are underserved by lenders compared to larger more lucrative clients.  Health-care finance requires particular know-ledge of the risks in health care, such as the annually changing government reimbursements, and being in tune with the “legislative environment” of health-care issues, he says. Golden says he  expects to have between 30 and 40 employees in the next few years.


California-based Solaix will  open a silicon wafer manufacturing plant this fall in the Rivergate Industrial District near Portland International Airport. Solaix creates silicon ingots that are sliced into wafers that solar panel manufacturers use in their photovoltaic technology. Solaix invested an initial $52 million in the Portland operation, the company’s first ever high-volume plant, and says it will create 100 new jobs by the end of 2007.


Gourmet soda maker Thomas Kemper Soda Company has secured three new distribution agreements, bolstering its presence in the Western states and positioning the company for national expansion. Thomas Kemper CEO Bill Germano says that in September, the soda will switch its primary sweetener from high-fructose corn syrup, which has fallen out of favor among discriminating label readers,  to cane sugar.

Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...

Tackling the CEO-worker pay gap

January-Powerbook 2015
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF

An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


Read more...

Editor's Letter: Power Play

January-Powerbook 2015
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. Here’s an excerpt:

Old power works like a currency. It is held by few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven. It downloads, and it captures.

New power operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes. Like water or electricity, it’s most forceful when it surges. The goal with new power is not to hoard it but to channel it.

The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace. 

Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.

This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay. 

Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.

New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”

That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!

— Linda


Read more...

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


Read more...

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS