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|Articles - December 2010|
|Wednesday, November 17, 2010|
Portland-based Iberdrola Renewables has broken ground on a biomass energy plant in Lakeview that will bring much-needed jobs to an area with chronically high unemployment rates.
Construction of the plant, which has eco-friendly boilers, has started at a 55-acre site on the edge of Lakeview. The plant will cost between $75 million and $100 million and is set to start producing 25 megawatts of energy by fall 2012. It will create 70 full-time jobs for the town of 2,700 and the surrounding area. At peak construction time, there should be around 150 workers, according to Lakeview city manager Ray Simms. Lake County had a 14% unemployment rate in September.
The plant will have a 15-year property tax abatement, but will pay $350,000 the first two years to cover municipal services; in year three, that amount will increase 3% each year. In year 16 the plant will begin generating $1.4 million to $1.8 million in annual taxes.
“Seventy jobs in our town is huge,” Simms says. Twenty jobs will be in the plant and 50 will be workers who harvest biomass from dead and diseased trees as well as plant debris on the forest floor. One-third of the biomass for the plant will come in the form of scrap wood from a nearby sawmill.
“I’ve heard that a juniper takes 30 to 50 gallons of water a day,” Simms says about the thirsty species that will be harvested for biomass. “That would water five head of cattle.” Proponents of the project say plant operations will help manage the surrounding woodlands better, areas that have been affected by the pine bark beetle and juniper overgrowth.
Though the plant will still produce pollutants by the ton, the emissions will be less than those of previous plants thanks to more modern and efficient boilers. “It’s better than leaving it to burn in the forests,” says Mark Fisher of the Oregon Department of Environmental Quality.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
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, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Thursday, July 24, 2014
BY 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?
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.