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Oregon Business News
Oregon Business News and Local Stories.
Pacific Power Rate Increase Will Add $29.47 Monthly to Oregon Residential Consumer Bills
Pacific Power’s proposed rates increase will add $29.47 to Oregon residential customer’s monthly energy costs. The 17.9% hike is the third time rates have increased since 2019. The last hike was 4% and came into effect in 2022.
…
Grants Pass Restaurants and Bars Taxed 3%
GRANTS PASS, Ore. — Grants Pass restaurants and bars must pay a 3% food and beverages tax to help fund public safety. The proposal was approved last night at a city council meeting, when a public safety utility tax was also approved. The…
Amazon’s Oregon Data Centers Set To Purchase Clean Power
Amazon's data centers in eastern Oregon will start buying clean electricity in their first step towards achieving their renewable energy goals, according to a statement released by the company on Friday. As part of the project, $1,2 million…
77 Southwestern Oregon Community Projects To Benefit From Over $500k In Awards By The Coquille Tribe
NORTH BEND, Ore. — $509,976 in funding from Coquille Indian Tribe Community Funds awarded to 77 projects for 2024 was handed out at a celebration event that took place on February 1.
Attending in person, the recipients gratefully…
Fire Gutted Ashland Dairy Queen Scheduled for Spring Reopening
ASHLAND, Ore. — Ashland residents will have to wait until Spring to savor a “blizzard” at their local Dairy Queen, which was razed by fire last September, causing $1.5 million in damage.
The reopening date has been confirmed by Jason…
Oregon’s Semiconductor Industry Will Support Job Growth As More Federal Money Is Expected
With $50 billion in federal funding being made available as part of the CHIPS Act that was passed in 2022, semiconductor firms in Oregon will benefit, resulting in the growth of the number of jobs in this sector.
UPDATE: $10 Million In…
Portland Tech Firm Relocating To Lake Oswego As Safety Deteriorates In Central Eastside
PORTLAND, Ore. — Software company Trimble has announced that they are vacating their Central Eastside Industrial District offices and are moving to new premises in the summer. Going with them are about 400 jobs.
Colorado-based Trimble…
200,000 Acres of Oregon Timberland Makes Chinese Billionaire Second Largest Foreign Landowner
The Land Report- a Dallas-based quarterly magazine that lists the top 100 private landowners annually published a report on January 9 revealing that Chinese billionaire Tianqiao Chen, is the owner of swathes of forestland across Oregon-…
Layoff Fears for Dutch Bros Employees in Grants Pass
GRANTS PASS, Ore. — It has come to light that Dutch Bros. Corporate intends to move forty percent of its company to Phoenix, Arizona. According to NewsWatch 12, the company intends to expand into Arizona by January 1, 2025. Its headquarters…
TriMet MAX Could Set New Closure Record: Return Of Service Hampered By Storms
PORTLAND, Ore. — TriMets' Green Line light train rails have not been running for three days, since Monday, January 15. Crews are hard at work on the ice and fallen trees on the tracks, but storms are making their work challenging.
With…