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|Tuesday, April 10, 2012|
Medford-based PremierWest Bancorp will lay off an unspecified number of workers in a $4.4 million cost-cutting effort.
Premier reported a net loss of $17.6 million last year and $1.27 billion in assets. It operates branches in Oregon and northern California, as well as Premier Financing Co. in Portland. The bank emlpoyed 450 as of Dec. 31, federal records show.
"We simply cannot stand still in this low interest rate environment," said Jim West, PremierWest's president and CEO, in a press release. "We're committed to make changes in the operation of the Bank that will help to position us for the future."
Read more at OregonLive.com.
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BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
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One of the many reasons why businesses fail is due to the lack of attention to analytics. Sure, you can go on running your business, but mastering the science of analytics will translate into a business advantage.
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
Strategic Economic Development Corporation (SEDCOR) has announced a new strategic plan to guide the organization in its planning, activities, and initiatives. The strategic plan, released at the start of its new fiscal year, includes the organization’s mission and key objectives.
Professional and Continuing Education (PACE) and the College of Business at Oregon State University is offering “Business Analytics for Competitive Advantage”, a two-day intensive workshop.
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