The U.S. Environmental Protection Agency today announced it will defer for three years any greenhouse gas permitting requirements for biomass, potentially boosting the industry that Oregon advocates say can create thousands of jobs, provide a renewable fuel source for the state, and propel thinning projects in national forests.
Umpqua Bank opened its newest location today on SE Hawthorne Boulevard, a branch styled as a folksy hangout to further the bank's goal of embedding in Portland neighborhoods. This is the first of five "stores" that Umpqua plans to build through 2011, an expansion by 25% within the metro area for Oregon's dominant regional bank.
Fiscal calamity or a decade of budget austerity loom for Oregon as the recession leaves thousands of Oregonians jobless and the demand for government money outpaces its ability to pay for services, business and political leaders agreed on Monday.
Boeing anticipates the creation of 300 jobs and $14 million in annual impact in Oregon if the company wins its bid to build the Boeing NewGen Tanker for the U.S. Air Force.
The City of Portland Economic Development Strategy has a goal of creating 10,000 jobs within the next five years through an industry cluster strategy. The initiative has fostered some promising projects for job growth within the Portland metro area.
FedEx's new 447,000-square-foot shipping facility in Troutdale is humming with activity as the company prepares for the holiday madness. Local managers have hired part time and full time workers and employment at the facility is up to 550 jobs and growing.
Pendleton Woolen Mills and Levi Strauss and Co. launched a collaborative collection of men's and women's trucker jackets last week, intended for buyers of American-made products. It's the latest in a series of apparel collaborations for the iconic Oregon company that manages 75 stores and employs 900 people.
Just months after opening its fourth course in June, the Bandon Dunes Golf Resort has completed the permitting process to add a fifth course to its collection of world-class links golf courses, providing more games along the coastal sand dunes, the environment in which the game originated.
The Oregon Shakespeare Festival has closed its 75th Anniversary year with record attendance and revenue numbers. Despite the rainy Oregon summer and the weak economy, the OSF sold 414,783 tickets (94% of capacity) and earned $18.5 million, an increase of 8% over 2009.
Once the busiest exporter of lumber in the world, the International Port of Coos Bay no longer booms with business, and neither does the area around it. Now the Southwestern coastal area is exploring ways to trade big timber for small businesses generating income from tourism.
As the number of foreclosures plateaus, more homeowners are sinking their heels into their properties, refusing to vacate repossessed properties. This is contributing to the bogged down state of the housing market.