Home Back Issues September 2010 Dealwatch: September

Dealwatch: September

| Print |  Email
Articles - September 2010
Friday, August 20, 2010

A roundup of transactions, mergers and big deals of the month.

1. Shearer’s Foods in Hermiston will undergo an $18 million expansion to add 140,000 square feet to its snack food plant. It expects to add 50 workers and construction should be completed by winter 2011. Shearer’s manufactures regular and kettle-style chips and other snacks.

2. ON Semiconductor, which has a major presence in Gresham, has bought a division of Sanyo Electric Co. for $366 million. The deal is expected to close by the end of 2010 and is expected to boost ON revenues by $1.2 billion. The Gresham plant employs more than 400.

3. FedEx Ground has opened its new $100 million 514,000-square-foot facility in Troutdale and is expected to hire 243 part-time handlers. The new hub is seven times bigger than the previous Swan Island location and will employ at least 600, as well as 200 drivers.

4. Portland-based KC Distance Learning (KCDL) has been purchased by K12 Inc. in Virginia for $63.1 million in stock. KCDL provides education products to schools and families. It reported revenues of $34.7 million in 2009 and will continue to be based in Portland.

5. Tualatin-based Gramor Development has secured a $45 million loan from U.S. Bank to start construction on the $60 million Progress Ridge Townsquare. The 325,000-square-foot retail development took five years of planning and will be anchored by a New Seasons Market and Cinetopia. It’s located on the city line between Tigard and Beaverton.

6. Portland-based private equity firm Endeavour Capital has invested $10.5 million in Providien Inc., a new medical device company based out of Phoenix, Ariz. Providien is a holding company looking to acquire smaller medical manufacturing companies in order to provide multiple services as a single manufacturer.

JESSICA HOCH
 

More Articles

100 Best Green Companies Keynote Speech

News
Friday, May 30, 2014

green2014-069Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.


Read more...

Downtime with Doug Gastich

June 2014
Thursday, May 29, 2014
BY JESSICA RIDGWAY

How the president of BlueVolt spends his free time.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY 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.


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS