Intel is building a $2.5 billion factory in Hillsboro. Facebook is pouring millions into Prineville and Google is investing $100 million in Eastern Oregon wind power. Crop and beef prices are up - as are crab and salmon prices. Bank of the Cascades, MBank and others have avoided the wrath of the FDIC. Trucking is up 26 percent year over year, online job ads are up 23 percent, and business and personal bankruptcies are down 3.4 and 8 percent respectively. To me, this adds up to a preponderance of evidence.
Portland-based Night and Day Studios has in the past two years transitioned from building media installations for museums into a mobile app company. Founder Nat Sims managed to steer the company through an economic recession by shifting industry, radically restructuring, and following a fortuitous idea after reading a children’s book to his daughter.
Every business leader should understand the role that cities play in economic, and corporate, growth. A good way to get that understanding is Ed Glaeser's new book, The Triumph of Cities.
Glaeser makes the critical point that cities are where people communicate the most.
Portland-based Uncorked Studios has been getting a lot of press lately — CBS news, the BBC, Time and Fast Company, among others. But what’s drawing the attention isn’t another project for Nike or Wieden+Kennedy; it’s something the team put together in their free time — a website to monitor radiation levels in Japan after the tsunami disaster.
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