Portland lacks industrial sites

Portland lacks industrial sites

The Portland area has a shortage of large industrial lots available for development to attract large new employers, according to two new reports.

The findings highlight the limits of state, regional and local economic development strategies that point to those types of employers who create high-paying jobs and bring new revenue into the region.
Although most jobs in the region are created by small businesses, government economic development strategies emphasize the need to recruit large employers – especially industrial manufacturers – because they typically pay well and export their products, which brings new money into the region.

Read more at The Portland Tribune.

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