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Oregon Business News
Oregon Business News and Local Stories.
$100 Million 2020 Wildfire Damages Claim Against PacifiCorp Filed By Oregon Wineries and Vineyards
Pacificorp’s failure to switch off the power during the devastating 2020 wildfires is proving to be a costly error. The company is now facing lawsuits in the Multnomah County Circuit Court from around 30 wineries and vineyards in the…
The Economic Opportunities of the Umpqua Valley was Highlighted at a Two-Day Conference in Roseburg
ROSEBURG, Ore. — A two-day conference to highlight the economic opportunities of the Umpqua Valley draws to a close today (Wednesday). This is the first time that the Umpqua Economic Development Partnership (UEDP) is hosting a Southern…
$43 Million New Daimler Truck And Training Facilities To Be Built In Portland
PORTLAND, Ore. — In a press statement released on Friday, Daimler Truck North America (DTNA) said they had selected Portland over two other possible sites to build their new electric truck engineering facility at a cost of $40 million. The…
New FAA Investigation Into Boeing 787 Maintenance: Falsified Records Reported
On Monday the Federal Aviation Administration (FAA) said a new investigation into potential manufacturing quality lapse on Boeing’s 787 Dreamliner was opened following an admission from
Boeing that inspection records on work at the…
Multi-Billion-Dollar Semiconductor Center Belongs in Oregon, is The Governor’s Clear Message
Governor Tina Kotek is applying laser focus attention on Oregon in a bid to pursue the Biden Administration to choose Oregon as the home of its new $5 billion National Semiconductor Technology Center (NSTC).
The governor is sending a…
Intel Hillsboro’s New Cutting Edge Device Poised To Reinforce Firm’s Ascendency In…
HILLSBORO, Ore. — A first-of-its-kind cutting-edge tool developed at the Intel Research and Development (R&D) facility in Hillsboro is expected to advance the development of semiconductors while entrenching Intel and Oregon as industry…
Workers Will Still Be Needed In Amazon’s Massive New Woodburn Warehouse Despite Advanced Robotics
WOODBURN, Ore. — Stretching over hundreds of yards and reaching 105 feet high, Amazon's new warehouse on the western side of Interstate 5 in Woodburn is the company's largest fulfillment center in the Northwest and one of its biggest…
Eight Projects Worth $16 million Are in Jeopardy of Being Vetoed by Oregon Governor Kotek
Seven projects worth $14 million, plus a $2 million Old Town project in Portland, are in jeopardy of being vetoed by Oregon Governor Tina Kotek, unless it can be proved that the money will pave the way for new housing.
Hard-Nose…
Appeal To Oregon Governor To Pause Coastal Wind Project By Seafood Industry
A coalition that includes numerous members of the seafood industry and other interested parties called on Oregon Gov. Tina Kotek to put a stop to the offshore wind energy development planned off the Southern Oregon Coast. The group hopes to…
Portland’s Downtown Office Vacancy Reported To Be Highest In The U.S.
PORTLAND, Ore. — A comparison of the 50 largest downtown office markets nationwide at the end of last year by real estate firm Colliers has revealed that Portland’s central business district (CBD) had the highest office vacancy rate…