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|Articles - February 2011|
|Thursday, January 27, 2011|
The reopening of a plywood plant in Rogue River has brought 108 jobs and a bit of optimism to a lumber-dependent region hit especially hard by the economic downturn. Shuttered in 2008 as the housing market collapsed, the plant was purchased in early 2010 by Eugene-based Murphy Company for $3.6 million and reopened two months ago.
The plant opened in the early 1950s and has changed hands eight times. The previous owner, Milwaukie-based Panel Products, nearly doubled the floor space and added new machinery. They transformed the plant from a log-to-veneer operation to a veneer-to-plywood operation in hopes of cashing in on the housing bubble, says Murphy’s president John Murphy. But the bubble burst and so did the company.
More than 400 people applied for the open positions, including many former employees. “It’s an area that has had skilled labor unemployed for two years,” says Murphy.
Murphy bought the plant out of receivership at a discount, banking on a modest resurgence in national housing starts. “I’m not a believer that we’re coming out of the housing problem overnight,” says Murphy. Though he says industry analysts expect about 675,000 national housing starts in 2011, “We’re budgeting for around 640,000.”
Murphy Company is not the only one benefiting from the reopening. According to Rogue River city administrator Mark Reagles, the plant accounted for roughly 5%-8% of municipal water treatment receipts. The city also lost tax revenues from the closure.
“When you’re running a tight ship, that kind of loss can affect [you],” he says.
Depending on market conditions, Murphy says that three or more shifts will be added to the plant. “Anything in this economic climate is important and welcome,” says Reagles. “It makes the community look good.”
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.
Friday, May 22, 2015
BY KIM MOORE
As momentum grows at the state level to introduce far-reaching environmental regulations, such as carbon pricing and the Clean Fuels Program, Oregon employers continue to go the extra mile to create green workplaces for their employees.
Tuesday, May 26, 2015
BY LINDA BAKER
Spring rains are the bane of an Oregon cherry farmer’s existence. Even a few sprinkles can crack the fruit so badly it’s not worth picking. Science to the rescue: Researchers at Oregon State University have developed a spray-on film that cuts rain-related cracking in half, potentially saving a season’s crop. The coating, patented as SureSeal, is made from natural chemicals similar to those found in the skins of cherries: cellulose, palm oil-based wax and calcium.
Friday, May 22, 2015
BY ROBERT MULLIN
Latest development in Nestlé plant saga sparks debate about the value of water.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
Wednesday, May 27, 2015
BY 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.
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