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|Tuesday, April 23, 2013|
BY LINDA BAKER | OB EDITOR
Lots of upheaval in the Oregon business world this past week, and CEOs and leaders of local business associations are not at all happy. The latest (bad) news comes from solar manufacturing startup SoloPower, which announced today it was shuttering its Hillsboro plant, calling into question the fate of millions of dollars in tax credits and future job creation.
That’s the clean tech employment report.
On the conventional energy side, jobs are also dematerializing. Last week, The Greenbrier Cos. announced it plans to lay off more than 200 workers at its Gunderson LLC plant in Northwest Portland. CEO Bill Furman blamed the layoffs, or furloughs as he calls them, in part on the Oregon Department of Environmental Quality's decision to withhold permits for the Morrow Pacific coal export project, which would send coal from Montana and Wyoming down the Columbia River for export to Asia.
Australia’s Ambre Energy has awarded Greenbrier's Gunderson division a $55 million contract to build 15 enclosed barges for the project.
Business leaders are equally glum about the progress of PERS reform, the centerpiece of the 2013 Oregon Business Plan agenda. Instead of addressing windfall payments under the PERS money match system, the Senate tomorrow will debate SB822, which reduces cost of living increases for PERS retirees, elimantes the payment PERS retirees get to offset Oregon income tax liability, and delays payment of $350 million into the system.
Oregon Business Plan leaders expressed their displeasure today in a news release: "If all the Legislature does on PERS this biennium is pass SB 822 and let employers skip a payment, Oregon schools will be looking at a decade ahead much like the last: larger classes, shorter school years, and fewer class offerings -- even when revenues are increasing.”
Then there’s House Bill 2456 which would raise $275 million in new revenue mainly by increasing corporate tax rates and reducing deductions for the wealthy, neither of which tend to be priorities on the business agenda.
As the tide turns, business leaders might want to join Gov. Kitzhaber and decamp to Bhutan, where the Oregon statesman is attending an international gathering on Gross National Happiness — a project that seeks to move beyond conventional economic indicators as a measure of social progress.
OB Editor Linda Baker keeps tabs on public policy and CEO issues.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.