Browsing Category
Oregon Business News
Oregon Business News and Local Stories.
CHIPS Act Funding of $72 Million Allocated To Oregon’s MicroChip Will Expand Gresham Factory
The CHIPS and Science Act- passed in 2022 is set to start making progress in the local semiconductor ecosystem. Severe semiconductor supply chain disruption that resulted in a drop in supply internationally from 40% in 1990 to the current…
Oregon Wildfire Victims Settle for $299 Million in Lawsuit Against PacifiCorp
When the Archie Creek Fire was started in 2020, roughly 170 homes were destroyed and 130,000 acres were burned to the ground. Along with it came many, many lawsuits against PacifiCorp, the parent company of Oregon electric utility Pacific…
Oregon to get billions of dollars from Intel and the Federal Government
The state of Oregon is going benefit from US$ billions investment over the next few years as Intel, the chip manufacturer, recently announced that it will make significant investment in its Oregon operations. This will result in thousands…
Hillsboro Oregon Leads the Country in Technology Facilities with Primary Data Centers Up 78%
A report from commercial real estate firm CBRE has shown that Hillsboro, Oregon, has been leading the country in the construction of new primary data centers for the first half of 2023, lagging just behind Dallas, Texas, and the entirety of…
Portland City Council Approves Tax-Free Downtown Enterprise Zone to Boost Business
Portland’s downtown area had been hit hard ever since the pandemic, and in a bid to revive it, the city council decided on Thursday to approve a plan that would bring about a tax-free enterprise zone. It will be in the Northwest Industrial…
Oregon’s Largest State Employee Union Has Reached a Tentative Agreement
If you’ve ever worked as a state government employee, you might already know that state government employee unions are a thing. As sad as the thought may be, someone has to be looking out for workers to make sure they’re paid enough and…
USDA Announces They Will Buy $52 Million in Fish to Support the Fishing Industry
In a post-pandemic US, it seems that every business under the sun is struggling to get themselves back up off the ground. Restaurants are still recovering, some mom and pop shops may never actually recover, Broadway is seeing only 50% of…
Morrow County in Oregon Promises That Amazon Will Be Tax Exempt for $1 Billion for Five New Data…
When Amazon decides to set up somewhere, it makes headlines. Not only is it beneficial for the chosen state and its economy (though with the price settled on here, that’s up for debate), but it’s also interesting to see how far some cities…
Moist Esports and DSG Valorant: Influencer-Owned Organizations and Esports’ Impact on the Gaming…
Electronic sports, or “esports” as they’re commonly known now, have taken the world by storm. Unless you’ve no-clipped into a rock for the past decade, you’ve no doubt heard of it. Grand competitions where teams of skilled video game…
One Million Remote Crypto Jobs in The US Are on the Line, Says New Report
As web3, the blockchain, and crypto in general becomes more widely accepted by the general public, so with it comes millions of tech jobs. Developers and builders in the crypto space have become the foundation of web3, and because a…