ClearEdge Power seeks bankruptcy protection

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Tuesday, May 06, 2014

The Hillsboro fuel-cell manufacturer will have to restructure millions of dollars in debt to survive.

The fuel-cell manufacturer lined up $73.5 million three years ago, a deal that emerged as the state’s largest investment round of 2011. Executives now say the company owes more than $100 million to at least 1,000 creditors, according to a Chapter 11 bankruptcy petition filed last week.

Its move to seek bankruptcy protection came a week after it shut down its Connecticut operations and laid off more than 250 employees.

Read more at OregonLive.com

 

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100 Best Green Workplaces announced

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More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.


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A Power Lunch at Oswego Grill.


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Photo Log: The 2015 100 Best Green Workplaces in Oregon

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greenthumbPHOTOS BY JASON E. KAPLAN

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There are more than 10 million former military members working in the United States.


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Change at the pump?

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New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.


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Marijuana law ushers in new business age

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Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.


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