Home Must Reads Sanyo's layoffs prompt review of Oregon incentives

Sanyo's layoffs prompt review of Oregon incentives

| Print |  Email
Must Reads
Friday, May 03, 2013

Taxpayers paid more than $42 million in incentives to lure Sanyo Solar of Oregon to Salem five years ago.

Sanyo’s announcement last week that it is letting go of 52 of its about 200 workers has state and local officials taking a detailed look at their agreements with the company to see if it will continue to fulfill its part of the bargain.

The answer: Sanyo has already satisfied some of the requirements, is likely to continue satisfying others as long as employment numbers don’t decline further and is pledging to keep meeting those job numbers.

Read more at The Statesman Journal.

{biztweet}sanyo{/biztweet}

 

More Articles

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS