Sponsored by Oregon Business

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

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

Help Wanted: Poached Jobs aids restaurateurs

March 2015
Friday, February 20, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

“We thought there was room for something new.”


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


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