|Portland is an export hotbed, study says||| Print ||
|Thursday, March 08, 2012|
A national study cited Portland as a hotbed for exports, bolstered by China and Intel.
Metro Portland ranked third among the 100 largest U.S. metropolitan areas in terms of the share -- 18.2 percent -- that exports made up of the metro area's economy in 2010. The Portland area also ranked third in export growth from 2003 to 2008, and fifth for the same indicator from 2009 to 2010.
Exports are especially significant these days because many foreign markets outperform the U.S. economy, giving internationally connected cities a way to boost sales and create jobs. The Brookings Institution, a Washington, D.C., think tank that conducted the "Export Nation 2012" study for release Thursday, calculated that exports of goods and services directly supported more than 70,000 Portland-area jobs in 2010.
The Portland-Vancouver-Hillsboro area is one of four metro areas in the country chosen for a pilot project to double exports in five years in a program with Brookings advice. Adding $21 billion in foreign sales could create more than 100,000 jobs, according to Greater Portland Inc., the Portland-Vancouver development organization coordinating the effort.
Read more at OregonLive.com.
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.