|Opportunity abounds as the downturn persists||| Print ||
|Articles - December 2010|
Page 1 of 6
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.
|Powerball jackpot hits new record|
|5.1-magnitude quake hits eastern Canada|
|How a Seattle school launched Bill Gates career|
|Windows Phone surpasses Blackberry|
|Kim Dotcom doesn't want 3D gun plans on Mega's servers|
|David Beckham retires from soccer|
|ODB, Eazy-E holograms to perform|
|Will this startup succeed?|
|The STEM shortage|
|Combined Transport keeps on trucking|
|Farm futures: private equity goes organic|
|Food cart owner Nong balances life, work and play|
|Celly launches its DIY network|
|What is driving the cost of health care? |
Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.