Archive for September 2021
Southwest Airlines Landing at EUG
Inaugural festivities commenced on Sunday, August 29th, to welcome Southwest Airlines to the Southern Willamette Valley, including a ceremonial water salute and gifts for passengers on the first scheduled Southwest flights at the Eugene Airport. “We’re thrilled to become part of the Southwest Airlines family,” said Cathryn Stephens, A.A.E., Acting Airport Director at the Eugene…
Read MoreIs Stagflation Back?
By Rachel Eliot Accountant at People’s Bank of Commerce In the early years of the 1970’s the easy-money policies of the American central bank designed to generate full employment resulted in high inflation. The great inflation began in late 1972 and continued through the early 1980’s. The 1970’s saw some of the highest rates of inflation…
Read MoreOregon Connections Telecommunications Conference
An Oregon Tradition By John Irwin, Keith Mobley, Dave Sabala, Diane Garcia and Chris Tamarin The twenty-fifth annual Oregon Connections Telecommunications Conference is scheduled to be held at the Ashland Hills Hotel and Suites on October 28 and 29, 2021. The theme for this year is Oregon Connections: Onward! The 2021 conference presenters and attendees will…
Read MorePostal Connections/iSOLD It® Opens Franchise’s Third Bend Location
Multi-Generational Family Ownership Team Expands Brand’s Presence with New Service Center at Bend River Mall BEND, OR – Postal Connections/iSOLD It®, one of the nation’s premier providers of retail packaging, shipping, mail receiving and eBay customer-sales support, announced today the opening of a new service center in Bend at the Bend River Mall, just off the intersection…
Read MoreUmpqua Bank’s 2021 Business Barometer: Surging Optimism and Transformational Shifts Position Middle Market Companies for Growth Amid Continued Disruption
Middle Market optimism surges +24 points over pre-pandemic levels: more than 70% of companies embrace continued adaptation with “significant” changes to strategy and operations anticipated Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), released its annual 2021 Business Barometer, an in-depth study into the mood, mindset, and strategic priorities of nearly 1,200 leaders at small and…
Read MoreSouthern Oregon Hit Hard in Second Wave of COVID-19
The virus has finally hit close to home. My 49 year old friend, Jeff, died after a 2 week battle with COVID a few weeks ago. Prior to his passing I didn’t really understand it’s power. I am vaccinated, but I was also frustrated by the masks, social distancing and impact on our lives. He…
Read MorePotential 2021 Kicker Credit
Why is a kicker in the news? The Oregon Economic and Revenue Forecast released February 24, 2021 indicates Oregon’s actual revenue in 2019‒21 is expected to be better than projected, raising the possibility of an Oregon state surplus income tax credit known as the “kicker” to be claimed on the 2021 tax return that will…
Read MoreChurchill Mortgage Continues Expansion in Pacific Northwest with Acquisition of Salem Based Team Canales
Mortgage lender approaches 150 teammates in the rapidly growing PNW region just two years after launch Churchill Mortgage, an industry leader providing conventional, FHA, VA and USDA residential mortgages across 48 states, announced today the next chapter of its Pacific Northwest expansion with the acquisition of Team Canales, a team led by three women with…
Read MoreCatchMark Completes $100 Million Sale of Oregon Timberlands to Roseburg Resources Co.
CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it had completed the sale of 18,063 acres of prime Oregon timberlands – known as the Bandon property – for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. The property had been purchased in August 2018 for $88.8 million or $4,916 per acre. The company recognized a gain on the sale of approximately $23 million. CatchMark increased its…
Read MoreAbigail Mercer of Creswell, Oregon is one of 3 $10,000 STEM Scholarship winners.
Navisite Announces Winners of Inaugural ‘Next Steminist’ Scholarship Program Supporting Young Women in STEM Each of the three winners will receive a $10,000 award to use towards their undergraduate STEM education Sept. 1, 2021 Navisite today announced the three winners of its Navisite’s Next Steminist scholarship program. In its inaugural year, the program is designed to help close…
Read MoreRecognized retail veteran joins Dutch Bros Coffee’s Board of Directors
Ms. Broader has extensive experience as a CEO, general manager, and corporate director, and is widely recognized for global leadership, strategy, execution, and management of iconic retail brands. Dutch Bros Inc. (“Dutch Bros Coffee”), a west coast-based drive-thru beverage company focused on making a massive difference one cup at a time, has announced the appointment…
Read MoreNW Wine Company Announces Growth Equity Investment from Casparian Partners
Leading Oregon wine producer will increase production capacity while expanding vineyard holdings NW Wine Company, a leading Oregon wine producer and owner of more than 700 acres of premium Oregon vineyards, announced that Casparian Partners, an Oregon-based agricultural investment company, has made a growth equity investment in the business, designed to increase production capacity while…
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