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|Friday, February 18, 2011|
By Corey Paul
President Obama gave full credit to Intel Friday for investing and manufacturing in the United States as part of an ongoing campaign to improve relations with the business community.
"You are a company that understands that investing in education is good for business and good for the bottom line," Obama told a group of Intel executives and engineers assembled at Ronler Acres in Hillsboro.
Intel's success and job creation stand apart from the economic malaise suffered by the rest of the country, which makes it a situation that the President, beat up over jobs, wants to trumpet.
Intel's construction of a new fab in Hillsboro, called D1X, will create thousands of temporary construction jobs, and when it's completed in 2013, about 1,000 permanent manufacturing jobs paying about $120,000 each per year. Intel is Oregon’s most significant private sector employer, with over 15,000 jobs and a statewide payroll of $1.8 billion.
The president said Intel should serve as a model for other global companies considering expanding domestically. He also warned, "If we want to make sure Intel doesn't go overseas we need to invest in our people, our schools."
Before Obama spoke, a PhD engineer guided him through the D1D factory, where Transition Electron Microchips are produced. He also met with two finalists of an Intel-sponsored science contest.
Kitzhaber acknowledged that tension exists between tax incentives for companies such as Intel and funds for education. "The answer will be to change the education model that we have," he said.
Obama recently named Intel CEO Paul Otellini to his Council on Jobs and Competitiveness, which will focus promoting growth and hiring, while attracting businesses to the United States.
Otellini was upbeat during his appearance with Obama, praising the president's focus on improving math and science education and attracting investment from industry.
Kitzhaber says Intel's commitment to Oregon should lead to additional progress."This highlights the fact that we have assets here that attract capital investments," he said.
Corey Paul is an associate writer for Oregon Business.
Friday, October 30, 2015
BY CHRIS NOBLE | ART DIRECTOR
Monday, October 05, 2015
VIDEO BY JESSE LARSON
Profiling some of the organizations featured in the 2015 list.
Friday, November 20, 2015
BY JASON NORRIS AND MARY FAULKNER
It’s been a volatile year in equities and heading into the holiday season, it doesn’t look like these market extremes will dissipate.
Monday, September 28, 2015
BY CHRIS NOBLE
This year has been so dry we were caught napping when it finally started to sprinkle. Hopefully you didn’t get caught in a downpour while eagerly awaiting — don’t deny it — our curation of Oregon-grown wet weather wear.
Wednesday, October 28, 2015
BY KIM MOORE
A conversation with Patrick Curran, CEO of CareOregon.
Saturday, October 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
What's it like working with your sister and how do you compete in Portland's crowded artisan ice cream space?
Wednesday, October 28, 2015
BY MARK LONG
Storyteller-in-Chief by the managing partner of Schwabe, Williamson & Wyatt.
|The Love Boat|
|The Food Pod Grows Up|
|The High Road|
|Tinker, Tailor, Portland Maker|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.