|| Print ||
|Articles - April 2010|
|Thursday, March 25, 2010|
Oregon is the ninth-most trade dependent state in the country, so it took a significant hit when exports plummeted by 23% statewide in 2009.
But not all exports have suffered equally. While European markets have struggled with the Greek debt crisis of late, Asian economies have bounced back powerfully. That’s good news for Oregon because five of the state’s top six export markets are Asian nations.
The opportunity is richest in China, which shot past Japan and Canada last year to become Oregon’s most important trading partner. Exports from Oregon to China grew by 20% in 2009 while shrinking by 32% to Canada.
All of this has happened in spite of China’s notoriously undervalued currency, to the benefit of Nike, Intel and Schnitzer Steel, to name a few. Specialty manufacturers such as TriQuint Semiconductor of Hillsboro, which builds chips for handheld devices including the iPhone, have also targeted China with success. TriQuint saw its sales in China leap from $137 million in 2008 to $225.5 million in 2009.
With gains like that it’s not surprising that state officials recently traveled to Washington, D.C., to support the Obama Administration’s initiative to increase financing for small- and medium-sized exporters. Obama hopes to double exports and has singled out China as the market with the most potential. Policy-makers are also weighing how best to convince China to boost its currency to lessen the trade imbalance between China and the West.
Meanwhile, the rise of China as a global consumer as well as producer has compelled Northwest timber companies to boost exports of raw logs to China in unprecedented volumes. The Port of Astoria is negotiating a lease with Westerlund Log Handlers to develop a log exporting operation on the waterfront focusing on the Chinese market.
But while exporting raw logs to China may be a growing business, it creates few jobs in Oregon when compared to milling logs into lumber and then shipping them. In addition, many of the state’s top exporters have shifted manufacturing to China to capitalize on cheap labor. Oregon has lost about 60,000 manufacturing jobs over the past decade. An initiative to boost exports to China won’t necessarily bring those jobs back, but it may create different ones.
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Monday, January 26, 2015
BY JACOB PALMER
Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Friday, February 27, 2015
BY OB STAFF
The 100 Best list recognizes large, medium and small companies for excellence in work environment, management and communications, decision-making and trust, career development and learning, and benefits and compensation.
Monday, February 23, 2015
Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.
Wednesday, February 11, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Recapping a wild week featuring plenty of will he or won't he resign drama.
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Real Time - Oregon Business
Tweets by @OregonBusiness
|The 100 Best Companies to Work For in Oregon|
|Help Wanted: Poached Jobs aids restaurateurs |
|How Oregon will survive the loss of Hanjin|
|On the Brink|
|Thy neighbor's house|
|How a Utah-based essential oils company cornered the Oregon market|
|Green Rush: Cashing in on legal marijuana|
|With AmEx out, Costco turns to Visa, Citi|
|California gas prices spike|
|SeaWorld aims to alter marketing strategy|
|Herbalife stock falls after forecast cut|
|Target reports $2.6B loss in 4Q after closing Canadian holdings|
|Jury: Apple must pay $529.9M to settle patent case|
|Study finds many retire earlier than they expected|
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.
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.
The Oregon Chapter of the Society for Marketing Professional Services, will be hosting it’s Annual Dinner and Keynote event on March 12, 2015. The evening promises to be memorable, with this years Keynote, Christine McKinley.