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|Articles - June 2010|
|Thursday, May 27, 2010|
ASTORIA Once upon a time, Astoria was the largest log exporter on the West Coast. But boatloads of Douglas fir haven’t steamed for Asia from Northwest Oregon in 14 years. That’s expected to change this summer as Westerlund Log Handlers, based in Bremerton, Wash., sets up a log-exporting facility on Port of Astoria property.
Some major players in Astoria have lined up against a return to log exports, including Mayor Willis Van Dusen and the Bornstein Seafood Company. Tourism-dependent businesses also are warning about heavy truck traffic and noise. But the port has approved the deal to generate shipping revenues and jobs. Westerlund vice president and general manager Roger Nance expects to start exporting this summer.
Nance says the market for Oregon soft wood timber is strong in China and expected to get even better because of new tariffs on log exports proposed by Russia. He says timber companies are already exploiting that market through Washington ports such as Longview and Tacoma, but northwest Oregon has missed out on the bounty. Westerlund exports from Tacoma and Bremerton already, and Nance says moving into Oregon makes sense. “I don’t get the opposition,” Nance says. “We’re putting people back to work.”
The Westerlund operation will employ about 35 people once it’s running at full speed, but Nance says its impact will reach “up to 1,000 jobs” ranging from loggers and truckers to longshore workers. The facility could also prove a key supplier of wood scraps for the biomass co-generation planned for nearby Tongue Point.
Log export docks also impact mill jobs — but not for the better. Russia is slapping a tariff on log exports for the same reason Oregon moved away from them: They shift mill jobs overseas.
But the market for building materials is a lot stronger overseas, especially in China, than it is domestically. With the U.S. housing market still flooded with foreclosure specials, exporting is crucial. “If it weren’t for exports there wouldn’t be any timber being harvested,” says Nance.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, August 19, 2015
BY LINDA BAKER
In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
Wednesday, July 01, 2015
There are more than 10 million former military members working in the United States.
Monday, August 03, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.