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Archive for July 2019

People’s Bank Year-to-Date Earnings Increase 13%

July 24, 2019 07:45 PM Eastern Daylight Time MEDFORD, Ore.–People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the second quarter and year-to-date 2019. The bank reported net income of $933,000 or $0.30 per basic and diluted share for the second quarter of 2019, compared to net income of $845,000 or $0.28…

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Financial limit for Oregon Promise applicants has been lifted; all qualifying spring applicants to receive the grant

FOR IMMEDIATE RELEASE: 7/17/19 KLAMATH FALLS — Recent high school graduates and GED completers who applied for the Oregon Promise but did not qualify due to exceeding financial requirements will now receive the grant to attend community college in fall 2019. According to the Oregon Office of Student Access and Completion (OSAC) website, an expected…

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Oregon’s Unemployment Rate 4.1 Percent in June

Oregon’s unemployment rate was 4.1 percent in June, essentially unchanged from 4.2 percent in May. Oregon’s unemployment rate has been between 4.0 percent and 4.4 percent for 32 months, dating back to November 2016. The U.S. unemployment rate was little changed at 3.7 percent in June. Oregon’s unemployment rate has been at or near record…

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Lithia Motors Promotes Tina Miller to Chief Financial Officer

Lithia Motors, Inc. (NYSE: LAD) one of the nation’s largest providers of personal transportation solutions, announced today that Tina Miller has been promoted to Senior Vice-President, Chief Financial Officer.”Tina’s finance and accounting leadership and her talented teams have been instrumental in us achieving sector leading growth while maintaining low leverage,” said Bryan DeBoer, President and…

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Oregon Tech Board Chair Lisa Graham Named to National “Influential Women in Manufacturing” List

July 16, 2019, Schaumburg, Ill. – Lisa Graham, Ph.D., P.E., vice president of analytics engineering at Seeq and chair of the Board of Trustees of Oregon Institute of Technology, “Oregon Tech,” has been selected to the 2019 class of Influential Women in Manufacturing (IWIM). The award is provided annually by Putman Media, publisher of Chemical Processing, Control, Control Design, Food Processing,…

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Oregon Tech Dental Hygiene Students Provide $27k+ in Care to Klamath Community

July 11, 2019, KLAMATH FALLS, Ore. – Dental hygiene students at Oregon Institute of Technology, “Oregon Tech,” recently completed a yearlong course designed to help the Klamath County community while also gaining real-world experience, amounting to over $27,000 in dental services through the Community Dental Health course, which all sophomores and juniors take for 4…

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Port of Coos Bay Welcomes Jake Jacobs as Director of Infrastructure Support Services

Coos Bay, Ore. – The Oregon International Port of Coos Bay (Port) is pleased to welcome Jake Jacobs to serve as the new Director of Infrastructure Support Services.   This position is new to the Port, and will entail oversight of procurement processes, contract management, grant management, and overseeing the Project Management Department.  Grants are a key…

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Logos Charter School New School Report!

Will we be in by August 1st?! July 9, 2019 Sheryl Zimmerer, Executive Director of Logos Public Charter School, has been working on all facets of the new school building since she began her role in 2017: the land donation, bank financing, fundraising, moving out of the Earhart location into temporary offices, annexation into the…

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Smoke Season

Smoke Season

  For 6 weeks last year, smoke filled most of southern Oregon’s air and for many days we had the worst air quality in the nation. We were told to stay indoors and we downloaded AQI (Air Quality Index) apps that sent us daily alerts and we watched wind shifts on websites (check out windy.com for a…

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Eugene’s High Tech Sector is Booming

MATT SAYRE If you haven’t been inside a commercial building in downtown Eugene, Oregon, in recent years, you may have missed a significant shift in the composition of the tenants. Dozens of new tech and techenabled companies have moved in to tap into world-class internet services, access skilled talent, and be a part of the…

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Oregon’s Minimum Wage Increases on July 1, 2019

NICK BELEICIKS Oregon’s minimum wage increases on July 1, 2019, but the raises won’t be the same across the state. The minimum wage increases to $12.50 per hour inside the Portland urban growth boundary, $11.00 per hour in nonurban counties, and $11.25 in other areas of the state. Oregon’s three minimum wages will be in…

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Southwestern Oregon Economic Indicators

June 2019 (May 2019 Data) For data or publications on Southwestern Oregon, visit us at: QualityInfo.org Industry Gains and Losses (Over-the-year net change in employment) Source: Oregon Employment Department, CES Sarah Cunningham | Workforce Analyst | E-mail: Sarah.E.Cunningham@Oregon.gov | Phone: (541) 530-0605

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