|| Print ||
|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, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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?
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
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.
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.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Gold futures drop to six-week low|
|The 'Pill' linked to breast cancer risk|
|Adidas reveals profit warning|
|Target appoints new CEO|
|U.S. economy grew by 4% in Q2|
|Twitter Q2 revenue surges|
|Pfizer results beat estimates|
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 Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.