|| Print ||
Page 5 of 6
What do they talk about instead? Fracking. Shale oil. Tar sands. In terms of domestic abundance and low price. And while Wyatt says there’s a lot of grappling over what, exactly, that means, it could signal the return of basic manufacturing to America, particularly as wages rise overseas. “Is [the manufacturing revival] all going to come to Portland? I don’t know.”
But what it may mean for the Port is that the export economy may still grow, fueled either by local manufacturing or by exporters based in the Midwest, like car companies that will use the rail link to Portland to transport goods overseas.
Already, there’s evidence this trend will come to be. Sectors that moved offshore in the last 15 years are coming home: steel making, aluminum making, metal fabrication. And true to its gateway roots, the Port of Portland has relayed a steady stream of cars from Detroit to Asia in the last two years, exports that may be the first trickle of a stream of Asian-bound exports that have yet to arrive. Nine thousand Fords left the Port for South Korea and China last year. Next year, 40,000 China-bound exports are expected to roll through town. Auto Warehousing Company, which handles the flow, recently announced a $2.8 million expansion and another 50 jobs.
With those factors in mind, Wyatt says he isn’t ready to call all this movement of people a macroeconomic shift, though he notes air travel is a growing emphasis at the Port and for most business sectors.
Poised to pursue all possibilities to grow jobs and stay relevant, the port’s posture echoes a unique moment for the Portland region — and for Oregon. It’s a time of change, as the region transitions from a place of exporting goods to a place conceived in its own image, one that many years from now may simply be home rather than a ring around the waterfront, or agriculture, or even Intel.
The future of the Port, and of Portland, depends on an array of complex and contradictory micro- and macroeconomic forces: the rise of China, onshoring, livability as an economic strategy and the dematerialization of goods into services. Figuring out how to navigate these murky waters — that is the Port’s challenge going forward.
|The List: 100 Best Nonprofits to Work For in Oregon|
|Run, Nick, Run|
|One Tough Mayor|
|100 Best Nonprofits: Working for equality inside and out|
|Cream of the Crop|
|Keep Pendleton Weird|
Wage gaps and workforce shortages are threatening the quality of care and supports to Oregonians with intellectual and developmental disabilities. Who’s caring for those who care for our most vulnerable residents?
Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Are you planning a meeting, party, gala, fundraiser, holiday party, golf tournament, retirement party, team building or birthday? You won’t want to miss this show to get hundreds of great ideas!
Promoting from within its own ranks, PacificSource Health Plans has tapped Tony Kopki to head its commercial lines of business in Oregon, Idaho and Montana. In his new role as Vice President of Commercial Programs, Kopki will provide strategic, product and market leadership for PacificSource’s commercial programs.
Thomson brings 25 years of healthcare experience in provider relations, sales, marketing and communications.