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|Articles - September 2010|
|Friday, August 20, 2010|
Fort George Brewery is set to fire up its recently installed 30-barrel brewing system by the end of September, an expansion in the blighted area of downtown that is paving the way for new jobs.
The brewery purchased the Fort George and Lovell buildings and other nearby neglected property in October 2009 for $1.65 million, aided in part by Small Business Administration loans. In July, it received a forgivable loan of $150,000 from the Governor’s Strategic Reserve Fund to set up facilities to can beer, expected to be operational by the end of the year. The loan comes with the requirement to create at least 12 full-time positions by 2014. “They’ll be across the board: working in the pub, on the canning line. We plan to have a marketing person in Portland promoting our products,” says Fort George co-owner Chris Nemlowill.
City and local business advisory groups such as Clatsop Economic Development Resources are enthusiastic about the broader implications of the brewery’s expansion to downtown Astoria. “It will bring people downtown. I look at it as people working and shopping downtown. It’s putting uses to formerly vacant buildings,” says Astoria community development director Brett Estes. The 1921 Lovell building, which houses the expanded brewing operation, had been empty since 2002.
In addition to a $120,000 Urban Renewal Development (URD) loan from the city for electrical and structural upgrades, Fort George also received a $30,000 grant from the agency for aesthetic improvements. “Grant money goes to projects with definite effects. It helps remove the blight,” Estes says. With the brewery expansion, Fort George will increase its production capacity from about 1,000 barrels a year to 6,000.
Fort George leases space in its buildings to Fernhill Glass and the Blue Scorcher Bakery & Cafe. “We try to surround ourselves with synergistic business. It draws people to the block and helps all of us,” Nemlowill says. “We’re creating a truly public house for locals.”
Monday, July 07, 2014
BY 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.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Thursday, July 24, 2014
BY 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.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
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