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|Articles - October 2010|
|Tuesday, September 28, 2010|
The big transactions, mergers and deals of the month.
1. Intel Corp. has made its biggest acquisition to date by purchasing security software maker McAfee Inc. for $7.68 billion. Intel has also bought Germany’s Infineon Technologies’ wireless communications unit for $1.4 billion in cash. Both moves demonstrate Intel’s effort to expand beyond the personal computer market.
2. Salem-based Sunwest Management Inc. completed a sale of 132 of their senior living facilities in a transaction valued at $1.2 billion. Sunwest has faltered in the last couple years due to the credit crisis, SEC fraud allegations and an extensive bankruptcy reorganization.
3. Lake Oswego-based Greenbrier Companies has announced $130 million worth of new railcar orders and will add 260 workers to the Gunderson railcar manufacturing facility in Northwest Portland. The company has over 1,700 new orders and 1,200 refurbishment orders.
4. Wilsonville-based FLIR Systems has acquired sensor technology company ICx for $274 million, and added a $27 million contract with the U.S. Navy for infrared tracking systems. FLIR makes thermal imaging systems and will use ICx to expand its business into sensors for defense and homeland security markets.
5. Portland-based Blount International has purchased Colorado-based SP Companies Inc., which makes log splitters, for $90 million. Blount makes chain saws and outdoor products for the forestry, garden and construction industries. Blount will use the deal to expand into the ranch and farm markets.
6. Vestas, the world’s largest wind turbine maker, will convert a vacant building in Portland’s Pearl District into its new $66 million North American headquarters. The building will accommodate up to 600 employees and host the city’s largest collection of solar panels.
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.
Monday, July 13, 2015
BY JACOB PALMER
Holding a Power Lunch at Veritable Quandary in downtown Portland.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Wednesday, August 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
One of the hottest new investment trends has proven quite lucrative for some companies.
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
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.
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Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.
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.