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|Articles - January 2010|
|Wednesday, December 16, 2009|
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Portland Harbor is a critical economic engine stalled by the uncertainty and stigma of being a Superfund site. It will take decades to restore the Lower Willamette River and the transition will be unpleasant, expensive and complex. And crucial.
STORY BY BEN JACKLET // PHOTOS BY MICHAEL G. HALLE
At first glance, the vacant 50-acre property next to the railroad bridge looks like an ideal stage for creating jobs, with a deep-water channel to the Pacific Ocean, rail access and a broad expanse of level, cheap land. Situated in the heart of Portland’s industrial harbor, it occupies an enterprise zone as well as an Urban Renewal Area, meaning government incentives are available for investors.
Yet nobody is investing, because nobody wants to inherit the liability. Groundwater monitoring wells dot the property, and workers out in the muddy field take samples and record data as part of a seemingly endless cleanup that is a prelude to bigger and more expensive cleanups to come.
The Arkema site, as this property is known, is Ground Zero of the complicated mess known as the Portland Harbor Superfund site. Industrial pesticides including DDT were manufactured here, and toxins drained straight into the Willamette River. A drainage ditch from another long-closed chemical plant that used to make Agent Orange added to the toxic soup. A nearby lake is so contaminated that it needs to be drained and capped. Plans call for a huge underground barrier wall to stop the flow of groundwater into the river, combined with extraction wells to pump out dirty water and treat it. Two massive corporations, Arkema (which recently spun off from the French multinational company Total) and Sanofi-Aventis (the fourth-largest pharmaceuticals company in the world), are fighting over liability. The larger effort to clean up the Lower Willamette River is on hold until they clean up their messes because no one wants to spend hundreds of millions of dollars to clean up a 10-mile stretch of river, only to have it recontaminated.
Superfund is not a process anyone wants to go through twice.
Both upstream and downstream from the abandoned Arkema property, at far livelier waterfront properties throughout the harbor, workers are welding barges and railcars, manufacturing steel pipes and silicon wafers. Trucks haul trash to the transfer facility, parts to factories and finished products to market. Freight trains rumble through sprawling rail yards. Gasoline gushes in from the pipeline that connects Portland with the refineries of Cherry Point, Wash. Huge ships import Toyotas and televisions and export wheat and soda ash, the principal ingredient used to make glass.
The basic industries on which Portland was built continue to hum along even after two years of recession, as vital to the regional economy as ever. “We have a manufacturing base in this city that most mayors would give their left arms for in terms of who’s operating here and how successful they are,” says Mayor Sam Adams.
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Tuesday, January 27, 2015
BY JACOB PALMER
Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.
Thursday, January 08, 2015
BY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED
Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy.
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.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR
Don’t just sit there. For a healthy workplace, move up and down — and all around.
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|Production of larger iPad delayed|
|McDonalds pledges to stop selling chicken raised with antibiotics|
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|Bill Gates leads Forbes' richest people list|
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|With AmEx out, Costco turns to Visa, Citi|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Parkinson's Resources of Oregon (PRO) is pleased to announce, long standing Intel manager, Kelly Sweeney has joined the agency’s Board of Directors as a member at large.
Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.