Current Issue - March 2023 -

 

Journal Articles

Jim Teece Head Shot

A few words from Jim – March 2023

I just got back from nearly two weeks in the UK. It was an awesome trip and very enjoyable, and it was a work trip.  Dena and I setup a…

Universal Hydrogen Successfully Completes First Flight of Hydrogen Regional Airliner

LOS ANGELES & MOSES LAKE, Wash.–(BUSINESS WIRE)–Universal Hydrogen Co., this morning flew a 40-passenger regional airliner using hydrogen fuel cell propulsion. The airplane, nicknamed Lightning McClean, took off at 8:41am…

Lawmakers want no new water rights permits issued until the state audits Oregon’s water resources

Oregon’s water basins are being overdrawn year after year, and a strategy to protect them for future generations is desperately overdue, according to two lawmakers. State Reps. Ken Helm, D-Beaverton,…

Smaller Oregon companies looking for semiconductor funding

CORVALLIS— In a small laboratory on HP’s Corvallis campus, a group of Oregon State University graduates are producing a chemical that will make semiconductor chips smaller, lighter and more efficient…

Governor Kotek Approves $1 Million to Help Small, Mid-Sized Oregon Companies Compete for CHIPS Act Funding

Governor’s Recommended Budget also includes $200 million to help Oregon seize opportunities in advanced manufacturing Oregon is aggressively pursuing opportunities to bring home a portion of the $52 billion for…

January 2023 Employment and Unemployment in Oregon’s Counties

In January, unemployment rates increased in 27 of Oregon’s counties over the month, remained constant in seven, and decreased in two. Seventeen counties had unemployment rates at or below the…

Oregon Economic Update: Not out of the Woods Yet

The risk of a recession, at least in the near term, has lessened in recent months as inflation has slowed. Yet inflation is still well above the Federal Reserve’s target…

Oregon Economic and Revenue Forecast – March 2023

EXECUTIVE SUMMARY  March 2023  Either the economic storm clouds have parted, or we are in the eye of the hurricane. Any near-term recession fears are fading with each month of…

People’s Bank Celebrates 25 Years In Oregon Banking

Medford, OR—March 2, 2023 marks the 25th anniversary for People’s Bank of Commerce, headquartered in Medford, Oregon. 25 years ago, two senior management bankers with diverse banking backgrounds seized an…

Lithia & Driveway (LAD) Increases Revenue 11% and Reports Diluted EPS of $9.00

Announces Dividend of $0.42 per Share for Fourth Quarter MEDFORD, Ore., Feb. 15, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history. Fourth quarter 2022…

Dutch Bros Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial Results

  Annual Revenues Increased Almost 50% Year-over-Year to $739.0 million Driven by 133 New Systemwide Shop Openings in 2022 Welcomes New President, Christine Barone Issues Additional Guidance for 2023 GRANTS…

Arcimoto News Recap

  Arcimoto to Begin 2023 Vehicle Production for Spring Deliveries 2023 vehicle deliveries to start in March with new features and improvements EUGENE, Ore., Feb. 21, 2023 (GLOBE NEWSWIRE) —…

The Travails of Young Businesses

If you were to ask enough people to find out why new business failures are so high, you would probably end up with 100 reasons for the failures. To borrow…

Are We Overworking and Underthinking?

Or just underthinking?  Fifty years, maybe 25, is enough to realize a need to replace or repair most everything. The problem is not our plans, it’s the execution of them.…

Columbia Banking System and Umpqua Holdings Corporation Complete Merger

  Two Leading Community Banks Based in the Northwest Combine to Create One of the Largest Banks Headquartered in the West TACOMA, Wash. and PORTLAND, Ore., March 1, 2023 /PRNewswire/ — Columbia Banking System, Inc.…

Women’s Leadership Conference of Southern Oregon – May 12, 2023

  Dena and I have sponsored the Women’s Leadership Conference of Southern Oregon in the past. We have watched them grow since they started in 2013 and love what they…

Manufacturing in the Rogue Valley

Manufacturing employed 186,367 Oregonians in 2021, which is about 12% of total private payroll coverage at the statewide level. Zooming in on the sector within the Rogue Valley, manufacturing employed…

Project A launches new website for Rogue Music Festival

Project A has recently launched a brand new website for the upcoming Rogue Music Festival. The festival is set to take place on June 16-17, 2023, and will feature country…

Jim Teece Head Shot

A Few Words from Jim – February 2023

Where did January go? How is it already February? Lots going on. 1. We now have two paper choices in Jackson County filling the void left by the closure of…

Travel Oregon Bolsters Tourism Efforts in Local Communities Across the State Through $1.4 Million in Capacity and Small Project Grants

45 organizations awarded grants for projects ranging from internal capacity building, increasing accessibility for travelers with disabilities to expanding diversity, equity and inclusion The Oregon Tourism Commission, dba Travel Oregon, has…

Two Papers seek to fill void left by Medford Mail Tribune Closing

Last month I shared my dismay about Medford losing it’s local newspaper after Rosebud Media quickly shut down all services shortly after moving to an online only format.  Local News…

Press Releases

Florence Chamber Announces 2023 Rhododendron Festival Parade Grand Marshal

March 17, 2023

After announcing the theme for the resurrected Florence Rhododendron Festival, “Rip Roarin’ Rhodies,” the Florence Area Chamber of Commerce has selected local…

THE BOEING COMPANY AND OREGON TECH ANNOUNCE NEW COLLABORATION IN KLAMATH FALLS

November 14, 2022

Nov. 11, 2022, KLAMATH FALLS, Ore. – On Tuesday, The Boeing Company (Boeing Commercial Airplanes) and Oregon Institute of Technology (Oregon Tech) signed an…

Lithia & GreenCars pledge historic commitment, set SOU’s philanthropic bedrock

September 16, 2022

(Ashland, Ore.) — Southern Oregon University and Medford-based Lithia Motors have announced a philanthropic partnership that will serve as the bedrock of…

Arcimoto Appoints Jesse Fittipaldi as Interim Chief Executive Officer

August 12, 2022

Founder Mark Frohnmayer named Chief Vision Officer EUGENE, Ore., Aug. 12, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, outrageously…

Hunter Communications Appoints Ehrika Gladden to Board of Directors 

July 26, 2022

Seasoned technology leader will help expand company’s sales efforts 7/26/2022 Today, Hunter Communications announced the appointment of IT industry veteran, Ehrika Gladden,…

Medford, Oregon Plant Wins Airgas’ National Cylinder Fill Plant of the Year Award

July 11, 2022

A local manufacturing plant that fills and distributes industrial gases in cylinders across the state was named one of two National Cylinder Plants…

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