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|Wednesday, January 11, 2012|
BY PETER BELAND
Following the national trend, Oregon’s manufacturing sector saw modest employment gains last year after more than a decade of decline aggravated by the Great Recession. According to the Illinois-based trade publication Manufacturers' News, Oregon gained 903 jobs between October 2010 to October 2011, an increase of 0.5%. Though some industries saw losses during that time period, electronics and other large industries buoyed the sector. But competition from China and the growing sense that the European Union — a large export market — is on the verge of a large recession remain obstacles going forward.
Oregon’s natural resource-based manufacturing industries saw both gains and losses. According to the Oregon Labor Market Information System, Oregon’s state labor statistics office, employment in the primary metals sector grew by 5%, with an 18% increase in wages totaling $21 million. The lumber industry lost workers last year due to the continuing weakness of the housing industry.
“This particular recovery has been different … from other recoveries because housing has still not recovered. However, manufacturing has recovered, led by exports and demand from products outside of housing,” says state labor analyst David Cooke. Oregon still has “access to necessary inputs which are: land, labor, capital, energy, infrastructure [and] trade avenues,” he adds.
All of these factors combined with Oregon’s long history in electronics manufacturing and demand for its products led to a 1.6% employment increase in that industry. And if Intel’s $4 billion investment in plant upgrades in Hillsboro is any indication, they’re here to stay for a while. Yet not all companies are as confident. “Those kind of decisions [to stay or leave] can be company specific, it just depends on the fortunes of specific companies and the decisions they have to make,” says Cooke. For example, semi-conductor manufacturer Hynix shuttered its Eugene plant in 2008, taking with it 1,400 jobs.
Despite the growth in the electronics industry, an influx of state-subsidized products produced by cheap labor in China is putting pressure on American electronics manufacturers to stay in the black. In this climate, green-energy companies SoloPower and Perpetua Power Source Technologies are expanding their presence in Oregon. Industry leaders are worried about the advent of protectionist trade wars between China and the United States over American protests of China’s subsidization of its solar and poultry industries, which led China to impose punitive charges on American imports.
“I remember in the ’90s when people were projecting that the electronics industry would keep going [from 30,000] to 60,000 or 70,000 people,” says Cooke on the limitations of predicting industry trends. One thing is for certain: “One key factor that will have an impact on the economy is the diminishing petroleum supply,” says Cooke.
Peter Beland is an Oregon Business contributing writer.
Thursday, January 08, 2015
BY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED
Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy.
Saturday, December 13, 2014
The president of LaPorte & Associates lets us in on his day-to-day life.
Tuesday, January 27, 2015
Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.
Friday, December 12, 2014
BY LINDA BAKER
Studying ground-running birds, a group that ranks among nature's speediest and most agile bipedal runners, to build a faster robot.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Tuesday, December 02, 2014
BY LINDA BAKER
A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.