Nike waiting to proceed on World HQ project

Nike waiting to proceed on World HQ project

The Oregon legislature guaranteed Nike favorable tax treatment in exchange for the company's promise to expand its headquarters in-state.

Eighteen months later, very little has visibly changed at the Nike headquarters campus. That leaves critics of corporate tax giveaways wondering what, if anything, Oregon will ever receive in exchange for its largesse.

The most important thing, said Mike Bonetto, chief of staff for Gov. John Kitzhaber, is that Nike has agreed to invest $150 million in Oregon.

"We feel Nike is going to continue to hire and grow. This is about jobs, bottom line. We believe this is a win-win for all of us."