Home Back Issues April 2011 Boeing, First & Main top April 2011's Dealwatch list

Boeing, First & Main top April 2011's Dealwatch list

| Print |  Email
Articles - April 2011
Wednesday, March 23, 2011
Big deals of the month.
  1. Boeing has won a $35 billion deal with the U.S. Air Force to build 179 refueling tankers, replacing the Eisenhower-era KC-135s with a military version of the 767 jetliner. Oregon workers stand to benefit, as Boeing works with more than 300 vendors in the state, and 300 jobs will be added to the Gresham operation. The deal is pending appeals from the European Aeronautic Defense and Space company.
  2. Northwest Natural Gas has announced it would invest $250 million to develop gas fields in Wyoming with the Canadian gas company Encana. The company expected the venture would save ratepayers about $50 million and provide long-term supply for more than 30 years. The Oregon Public Utility Commission must approve the deal, and a hearing was expected by late April.
  3. The $129 million purchase of Portland's First & Main by a San Diego-based real estate investment trust marked the biggest closing price ever for a downtown building. One week after contracting to buy the building from San Francisco-based Shorenstein Realty Services, American Assets Trust paid $353 per square foot, funded by proceeds from its initial public offering. American Assets will reportedly manage the 364,735-square-foot tower, which is 16 stories.
  4. The U.S. Department of Energy has finalized a $96.8 million loan guarantee to U.S. Geothermal, based in Boise, for a project in Malheur County. The guarantee, funded by the 2009 stimulus bill, will allow construction of a 23-megawatt geothermal power plant known as Neal Hot Springs. The plant will create about a dozen jobs, with another 150 jobs expected for construction.
  5. The Arizona-based company ON Semiconductor has announced it will invest in a $30 million upgrade and expansion of its 83-acre Gresham facility. It will increase chip production by more than 45% and enable production of 110-nanometer to 250-nanometer semiconductors.
COREY PAUL
 

More Articles

Reader Input: Energy policy

June 2014
Thursday, May 29, 2014

How serious a problem is climate change? Readers want to have their cake and eat it, too.


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY 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.


Read more...

Powerlist: Credit Unions

June 2014
Thursday, May 29, 2014
BY KIM MOORE

A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.


Read more...

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

Moving the needle

June 2014
Thursday, May 29, 2014

I was in a rut. A few months ago, I was at my desk trying to come up with cover story ideas for our June “green” issue.  But I was stuck on a concept that is a bit too tried and true in the magazine business.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

OB Video: Building trade ties with the EU

News
Monday, June 16, 2014
BritEmbCampionBY KIM MOORE | OB RESEARCH EDITOR

The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS