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|Tuesday, September 29, 2009|
Daimler Trucks North America announced it will keep its Swan Island truck plant open instead of shutting down next year as planned. The move will likely save about 650 jobs, but reactions are mixed.
"Some people are very pleased by it, and some are at the end of a very long roller coaster ride," says Joe Kear, Machinists District 24 business representative. "They've just had another bump in that ride when they'd already begun to mentally transition."
The surprise reversal - resulting, says the company, from a big military contract - saves living-wage jobs and counters the trend of manufacturing moving abroad. Portland Mayor Sam Adams was quick to praise the move, adding that Daimler has not asked for incentives or subsidies to stay open.
Read the full story at OregonLive.com.
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Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.