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|Articles - August 2010|
|Wednesday, July 21, 2010|
Union Pacific Railroad and the port are nearing a deal for a 22-mile stretch of railroad that runs from the north spit of lower Coos Bay to Coquille. The railroad company will donate the stretch, except for a small profitable portion that Coos Bay will have to buy from UP for an undisclosed price. In March 2009 the port bought a sizable chunk of rail line that runs from west Eugene to the north spit of lower Coos Bay for $16.6 million. The 22-mile stretch will add to this segment, which is isolated from other UP-owned lines and not financially viable to UP, but vital for businesses with direct access.
Companies such as Oregon Resources Corporation, Georgia-Pacific and Roseburg Forest Products depend on rail to ship product. About 300 jobs disappeared in 2007 from companies that used the line when service was discontinued from Eugene to Coquille. American Bridge went from 65 to 19 jobs and doubled its transportation costs. Roseburg Forest Product’s Coquille-based plywood mill employs several hundred people. Without rail service the company would consider moving that production to other mills in Dillard and Riddle because the company spends 10% to 15% more on land transportation in the current location. The port also hopes a strong rail line will lure international investors that depend on rail to ship their products coast to coast.
“Mills are in danger without the railroad,” says Bob Ragon, spokesman for Coos Siskiyou Shippers Coalition.
Every added rail car represents revenue for Coos Bay, which gets a percentage of the original shipping rate. The port initially will add tariffs to cover operation costs.
“When you are in the manufacturing business you need competitive transportation options,” says Martin Callery, the port’s director of communications and freight mobility.
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
Tuesday, July 28, 2015
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened its third Portland store in the Cedar Mill neighborhood this year; another outpost in Bend broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
Friday, July 17, 2015
Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner. The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
Wednesday, June 03, 2015
As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.
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|Biologist estimates 80% of sockeye population could die due to hot water|
|Fiat Chrysler must offer to buy back 500K Dodge Ram trucks|
|Portland kayakers protest ship owned by Shell Oil Company|
|Amazon earns $92M in profit|
|Under Armour bests Q2 earnings expectations|
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