There aren’t a lot of counties in Oregon with unemployment rates lower than the national average, but there are three of them in the Columbia River Gorge. Even as the state's economy has stagnated, the awesome rise of the robot plane pioneer Insitu as an aerospace powerhouse and other positive developments have done wonders for communities on both sides of the river, especially in the vicinity of Hood River.
Wilsonville-based FLIR Systems announced this morning an agreement to acquire ICx Technologies for $274 million. FLIR, maker of thermal imaging and camera system products, will pay $7.55 per share for the detection and surveillance company based in Arlington, VA.
Digital brand builder Paul Barron stood in front of social media aficionados and restaurant and hospitality industry folks in Lola's Room, above the Crystal Ballroom. He surveyed the crowd that included award-winning Tweeters and social media brand developers, there to attend a talk hosted by the Social Media Club of Portland. "Media as we know it is over," Barron said.
The last time I spoke with Sid DeBoer, his two key suppliers, GM and Chrysler, had recently declared bankruptcy and his company, Lithia Motors, was recovering from its worst year ever. But he had a plan to turn things around. A year and a half later, it seems to be working.
Portland-based Cascade Web Development has launched a product that takes live video to the next level. From the offices of their 1930's railcar, Cascade Web Development recently introduced new video software called Brandlive.