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|Wednesday, February 29, 2012|
BY LINDA BAKER
Wandering around the new Vestas headquarters in the Pearl District the other day reminded me of Ozymandias, that Percy Bysshe Shelley poem about the inevitable decline of all things, no matter how mighty. But whether the mighty in this case refers to the wind industry, which grew exponentially over the past few years but now faces an uncertain future, or the oil and gas industry, which has flourished for decades but is now up against a changing world, I cannot say.
What I can say is the City of Portland is continuing to bet on the potency of the wind energy sector. Last month, the Portland Development Commission voted in support of a $1.1 million grant to help keep the North American headquarters of energy developer Iberdrola Renewables in Portland. Vestas A/S, the Danish wind turbine-maker that has its U.S. headquarters in Portland, received an $8.1 million, 15-year interest-free loan from the city two years ago for its $66 million Pearl District headquarters that is slated to open this spring.
Although uncertainties over federal energy policy—not to mention the revamping of Oregon’s Business Energy Tax credit last year —may limit that investment, PDC remains “firmly committed” to building a local clean energy cluster, said agency director Patrick Quinton. “We view our investment as a long-term bet."
Quinton said aggressive renewable energy mandates will continue to grow the sector and that “fundamentals” are not what drives the local industry. “It’s the assets we have in terms of talent, location, and the relationship between multiple companies."
It’s an inspiring monument to an industry many hope will soon recover its ascendancy. But a month or two before opening, the building’s permanence feels uncertain. Then again, rapidly rising gas prices and yet another looming conflagration in the Middle East don't exactly ensure the future of the oil and gas industry.
At this point in history, it's unclear exactly who are the mighty — or if they will fall.
Linda Baker is managing editor of Oregon Business.
Monday, March 02, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.
Monday, January 26, 2015
BY JOE CORTRIGHT
"Nostalgia is not an economic strategy."
Thursday, January 08, 2015
BY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED
Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy.
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN
A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Tuesday, February 10, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
The Portland in Perspective study, done by the City Budget Office, was released Tuesday.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
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|Thy neighbor's house|
|How a Utah-based essential oils company cornered the Oregon market|
|Green Rush: Cashing in on legal marijuana|
|McDonalds pledges to stop selling chicken raised with antibiotics|
|Uber invests in mapping software, setting up contention with Google|
|Bill Gates leads Forbes' richest people list|
|Oil continues to gain on supply risks|
|With AmEx out, Costco turns to Visa, Citi|
|California gas prices spike|
|SeaWorld aims to alter marketing strategy|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Parkinson's Resources of Oregon (PRO) is pleased to announce, long standing Intel manager, Kelly Sweeney has joined the agency’s Board of Directors as a member at large.
Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.