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|Archives - July 2009|
|Wednesday, June 24, 2009|
More than 70,000 visitors travel to Josephine County each year to tour the Oregon Caves, a series of marble caverns several miles long that open at an elevation of 4,000 feet. According to the monument’s superintendent, the caves attract $2.6 million a year in direct spending and $4.6 million in indirect spending, supporting about 84 jobs. Last month, Rep. Peter DeFazio and Sen. Ron Wyden introduced legislation to expand the Oregon Caves National Monument by more than 4,000 acres to protect natural resources and increase recreational and economic development opportunities.
“The caves impact the county; there’s no question about it,” says Steve Dahl, Grants Pass economic development coordinator. “Tourists come for the caves and then take a jet boat ride on the Rogue River or visit one of the local wineries.” Some of these tourists also spend their vacation money at the Chateau. The lodge hires 40 seasonal employees, buys local produce and wine for its restaurant and has sold $150,000 worth of local art since 2002.
Scott Taylor, owner of Taylor’s Country Store and Restaurant in Cave Junction, says the Oregon Caves improve his business. “If people are traveling from afar trying to see the redwoods, the caves are a side trip,” says Taylor.
In Josephine County, tourism dollars are an important aspect of the economy. The leisure and hospitality industry is one of the largest employers. But revenue from top employers isn’t enough to replace the timber industry. The county closed all public libraries two years ago and has the fifth-highest unemployment in the state.
“I don’t think tourism has totally replaced timber revenues,” says Bob Schumacher, executive director of the Illinois Valley Community Development Organization, the lodge’s nonprofit concessionaire. “But the Chateau has brought a flow of outside money into the community.”
Even if that flow doesn’t surge like the Rogue River, on hot summer days it refreshes the local economy.
Thursday, June 26, 2014
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.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
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.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
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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.