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Oregon Business News
Oregon Business News and Local Stories.
Microchip Technology Layoffs Expected Tomorrow at Oregon Plant as Sales Plummet and Inventory Piles…
Chipmaker Microchip Technology indicated that it will lay off factory workers on Monday at its Oregon and Colorado plants following poor results postings driven by declining sales.
Arizona-based Microchip manufactures embedded chips…
Oregon AG Lands $9,250,000 Settlement In AbbVie & Besins Generic Testosterone Gel Monopoly…
A lawsuit over AbbVie and Besins’ monopoly on generic testosterone gels concluded yesterday. Oregon Attorney General Dan Rayfield settled with the pharmaceutical giant, which will pay $9.25 million.
Oregon Settles AbbVie and…
Amazon’s New Data Center Set to Transform Oregon’s Arlington into Tech Hub
A massive Amazon data center on 376 acres of land in the Gilliam County city of Arlington will change the sparsely populated farming area into more than just a truck stop on the highway, says Mayor Jeffrey Bufton.
Largest…
Oregon State Agencies Set to Debate Calico Resources’ Bold Plan to Mine Gold at Grassy Mountain
State Agencies will meet online on March 6 to discuss Calico Resources USA Corp's proposed chemical process Grassy Mountain Gold. The public and media are invited to attend the meeting.
Calico Resources filed a Notice of intent at the…
World Leading Asian Company Eyes Major Stake in Intel’s U.S. Operations: A Game-Changer for…
A major stake in Intel’s U.S. factories by a leading Asian semiconductor manufacturer could be on the cards following discussions with Trump administration officials, according to a Bloomberg report.
An insider who wishes to remain…
Joann Craft Store Bankruptcy Proposal to Close Half of All Locations Nationwide, Including Grants…
National fabric and crafts retailer Joann filed for Chapter 11 bankruptcy on Wednesday and sought court approval to close over half its stores. This filing is the second in under a year, and two Southern Oregon stores, including Joann…
Two Oregon Businesses Guilty of Negligent Endangerment for Discharging Asbestos into the Environment
An Oregon construction company and a property management company face hefty fines and possible imprisonment for discharging asbestos into the environment, violating the Clean Air Act.
On Friday, the companies and their owners pleaded…
Jaguar Land Rover to Invest $180M in Portland for Next-Gen Self-Driving Tech
PORTLAND, Ore. — Jaguar Land Rover (JLR) announced plans to invest $180m into its Portland, Oregon, engineering facility yesterday. The funds are intended as part of the carmaker's global drive to join next-generation connectivity and…
Oregon Wine Industry Sees First Sales Drop in a Decade Amid Shifting Consumer Tastes
The University of Oregon's annual Vineyard and Winery Census confirmed a national decline in wine demand, with a drop of 2.6% in wine sales in 2023 from the previous year- the first drop in a decade.
Oregon Wine Industry Facing…
Biggest Job Losses in Oregon Last Month Were in Semiconductor and Electronic Manufacturing
Cutbacks in the semiconductor and electronic component manufacturing industries were responsible for the highest number of job losses in Oregon in December.
Cutbacks in these two industries numbered 1,500, according to a news release…