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

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...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

Woman of Steel

November/December 2014
Wednesday, October 22, 2014
BY LINDA BAKER

Tamara Lundgren tackles the challenges—without getting trampled.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


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...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


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