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|Articles - February 2011|
|Thursday, January 27, 2011|
Ochoco Lumber’s new biomass plant, built adjacent to its existing sawmill on its Malheur Lumber site in John Day, began churning out pellets this month.
The plant will bring jobs to a region with unemployment of more than 14%. Rick Minster, a business development officer for Business Oregon, the state’s economic development arm, stressed the impact of jobs created by the new plant. “The huge benefit is the retention aspect of having the facility there. It enhances the viability of the 80-plus jobs at the sawmill.” Beyond retaining those existing jobs, the biomass plant will directly create between 11-15 full-time jobs.
The factory was built despite an oversupply of pellet production that last year shut down three other wood pellet plants in Oregon. The project was financed with $50 million in new market tax credits allocated by Ecotrust, Midwest Renewable Capital and CEI Capital Management. It also received a $4.9 million federal stimulus grant.
The plant will turn material unsuitable for timber use — small-diameter trees and debris — into pellets and bricks for fuel.
“We think our product should stay as local as it possibly can, ” said Ochoco president Bruce Daucsavage, who plans on supplying pellets and bricks to the biomass heating systems at Harney County Hospital, Burns High School and the John Day Airport.
Daucsavage sees the new plant as a valuable addition to the sawmill. “It fits in beautifully to what we do because now we have a facility that can take this type of material,” he says. “It’s going to help us increase forest health, reduce fire risk and get some timber off these contracts.”
Gov. John Kitzhaber has formed a biomass transition team to promote the industry, led by John Shelk, the managing director of Ochoco. Sen. Ron Wyden is also a fervent supporter of the biomass industry and has been critical of the EPA’s attempts to regulate the industry under the Clean Air Act. The EPA in January deferred action for three years while it studies the long-term environmental impact of the industry.
Whether or not the industry will take off depends on financing, regulation and consumer demand. For the new plant in John Day, the numbers appear to have made sense. At least for now.
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?”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
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.
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