Bureau Veritas acquired Quiktrak, a company that specializes in inventory auditing and asset verification matters.
The company will add 125 full-time positions in Seattle, Portland, Salem and Eugene.
The company will let go of 84 manufacturing workers.
Commercial Vehicle Group, Inc. will shut down its production and warehouse by the end of the year.
The state's workforce is projected to increase by 258,000 jobs in 10 years.