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

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY 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.


Read more...

The Backstory

October 2014
Thursday, September 25, 2014

In our cover story this month, Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, discuss their rapidly growing businesses and Portland’s red hot food scene. The conversation provides an interesting lens through which to explore trends in the grocery store and restaurant sectors.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Downtime

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


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