Opportunity abounds as the downturn persists

| Print |  Email
Articles - December 2010
Wednesday, November 17, 2010
1210_Deals01
STORY BY BEN JACKLET // ILLUSTRATIONS BY NICK GILLETT

The recession officially ended 18 months ago, in June 2009. But it sure doesn’t feel that way in Oregon. The job market is weak, the real estate market is in deep trouble, the foreclosure mess is far from cleaned up, banks are still wobbly and consumer confidence is understandably low.

But there are opportunities in this economy for those fortunate enough to be in a position to invest. Big opportunities. The housing market doesn’t look so bad if you are a buyer. Neither do the markets for businesses, land and technology upgrades. Even as the slump drags on in painful ways for some Oregon companies, others are exploring new markets with great long-term promise. “I’m more optimistic than I have been in years,” says Portland-based financial consultant Larry Willeman of Willeman Strategic Partners, who coaches CEOs on managing cash flow and investing strategically. “I’m seeing opportunities everywhere.”

There is no disputing that most Oregon businesses continue to wait for the sort of recovery that can bring the confidence to invest. But for those with the ability and mindset to find and exploit opportunities, it is a time ripe with possibility. Paradoxically, the more people who seize these opportunities, the faster they will start to vanish, replaced by new demand and competition, and the sooner true recovery will arrive.

But until that happens, here are five areas where opportunity is knocking and Oregon companies are answering the call.



 

More Articles

Sun set

June 2015
Friday, May 22, 2015
BY CHRIS NOBLE

The right sunglasses can protect your eyes and look cool at the same time. This being the 21st century, select shades are socially conscious, too. Portland brand Shwood uses wood and other natural materials and manufactures locally. Founded by Ann Sacks, the brand Fetch dedicates a portion of its profits to animal welfare. But whether you choose classic tortiseshell or aviator chic, please, shed the sunglasses when you walk in the door — and, of course, at night. 


Read more...

Oregon needs a Grand Bargain energy plan

Linda Baker
Monday, June 22, 2015
0622-gastaxblogthumbBY LINDA BAKER

The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.


Read more...

Up in the Air

June 2015
Friday, May 22, 2015
BY ANNIE ELLISON

Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.


Read more...

Urban renewer

Linda Baker
Wednesday, June 24, 2015
UnknownBY LINDA BAKER   

One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.


Read more...

100 Best Green Workplaces announced

News
Wednesday, May 27, 2015
OBM-100-best-Green-logo-2015-1000pxwBY LINDA BAKER | EDITOR

More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.


Read more...

Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


Read more...

The ancient fish that stops bullets

The Latest
Friday, May 08, 2015
hagfishthumbBY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN

Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.


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