Archive for October 2022
Lithia & Driveway (LAD) Expands in North Central Region, Completes Second Driveway Finance ABS Offering, and Debuts New Driveway Technology
Lithia & Driveway (NYSE: LAD) announced today (Sept. 20, 2022) they have expanded their north central footprint with the purchase of five stores from the Wilde Automotive Group in Wisconsin. “We are excited to welcome these high performing teams to our Lithia & Driveway family,” said Bryan DeBoer, Lithia & Driveway President and CEO. “Their continuous pursuit of…
Read MoreTravel Oregon Showcases State’s Regions and Attractions in National Advertising Campaign: Extraordinary is Ordinary
Campaign to help boost economic impact during shoulder season travel by providing inspiration for visiting Oregon’s seven regions The Oregon Tourism Commission, dba Travel Oregon, has initiated its second push of its advertising campaign, Extraordinary is Ordinary. Promoting the state’s stunning natural beauty, the campaign is set to drive tourism to its seven geographical regions and help…
Read MoreEl Pollo Loco Signs Experienced Burger King Operator to Expand Brand’s Presence in Northern California and Develop First Oregon Locations
El Pollo Loco, Inc. (“El Pollo Loco” or “Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, announced today the signing of a multi-unit development deal for five new restaurants in parts of Northern California and Southern Oregon over the next several years. The deal has been signed with Bunch of Pollo, Inc., an experienced…
Read MoreTC Chevy Dealership Goes Solar with Stracker Solar
Five elevated Strackers will provide clean energy for Ashland’s TC Chevy, making the successful business the first solar-powered auto dealership in Southern Oregon TC Chevy, the leading electric vehicle dealer in Southern Oregon, is going solar. And not just with any solar solution! The management of the iconic auto dealership, which has been serving customers…
Read MoreAs part of the upcoming merger with Umpqua Bank, the Department of Justice is requiring the divestiture of ten Columbia Bank branches
I have been waiting for news about the merger of Umpqua and Columbia Banks that was announced on October 12, 2021 and have not received any, but I found this notice on the Columbia Bank site on October 1st, 2022 about the requirement to sell of 10 branches that overlap with Umpqua in order for…
Read MoreArcimoto Announces Strategic Restructuring Plan
Arcimoto will focus on immediate revenue-driving programs such as FUV consumer sales, Deliverator fleet sales, and rentals in key markets, with an anticipated 32 percent reduction in payroll expense Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles for moving people and stuff, today (Sept. 29, 2022) announced a strategic restructuring with the goal to…
Read MoreStracker Solar appoints Allen Gilstrap as new CEO
State-of-the-art elevated solar tracker manufacturer brings successful fintech executive aboard to lead company’s national expansion Stracker Solar is pleased to announce that Allen Gilstrap has joined the company as CEO. Gilstrap has extensive international experience in launching and building VC-funded, technology businesses. Gilstrap is taking over the chief executive position from Jeff Sharpe, the company’s…
Read MoreSOU prepares for strategic realignment to solidify financial future
Southern Oregon University President Rick Bailey has announced an emerging plan to address an outdated financial model that has left SOU and many other public higher education institutions relying too heavily on tuition revenue to balance their budgets. According to Bailey, the work over the next several months will be to strategically realign the university…
Read MoreFormer SOU administrator and consultant appointed to university board
Liz Shelby, who retired from Southern Oregon University after serving as director of government relations and chief of staff, and lobbyist and government relations consultant Iris Maria Chávez have both been appointed by Gov. Kate Brown and confirmed today by the Oregon Senate to serve on the university’s Board of Trustees. They will begin their service to the…
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