Invest in Oregon

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 future innovations at SOU. Lithia’s commitment exceeds $12 million and is the largest-ever single gift to the university. The contributions from Lithia Motors (NYSE: LAD) create the Lithia & GreenCars Momentum Fund, which will be used “to…

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Paving the way to Talent’s Long-Term Recovery   

June 4, 2022

Learn more about the CITY OF TALENT URBAN RENEWAL WORK PLAN From https://www.talenturbanrenewal.com/workplan Why is Talent considering an Urban Renewal plan? Talent lost 1/3 of our housing in the Almeda fire, including much of our more affordable housing. We lost 60% of our businesses.  Firefighters were needed to respond to the Fire immediately, but Talent…

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Growler Guys Franchisee Purchases Former Reames Property for New Multi-Purpose Development

February 28, 2022

January 20th, 2022 (Klamath Falls, OR) —  Today, in a joint press release, the Klamath County Economic Development Association (KCEDA), the City of Klamath Falls, and Coldwell Banker announced that developers for the northwest franchise, Growler Guys (locations in Washington, Oregon, Idaho, Nevada, and Wisconsin), will be purchasing the former Reames Golf Course & Country Club.…

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Buy Local : Online

November 3, 2021

This year I’m encouraging you to order all your gifts online, but do it from a local company instead of Amazon. It’s convenient, fun and you will be helping a great local artist or craftsperson and entrepreneur.  Be a local hero and follow them on social, share their site with your friends and buy a…

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Lithia & Driveway Team With City Of Medford To Support Local Sports Park

November 3, 2021

The city of Medford and Lithia & Driveway (NYSE: LAD) announced today they are joining forces in a five-year partnership for naming-rights opportunities for the multi-sports complex currently known as U.S. Cellular Community Park. If approved by the city council, Lithia & Driveway’s sponsorship will result in a name change to “Lithia & Driveway Fields” on January 1,…

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Lithia & Driveway (LAD) Increases Revenue 70%, EPS 47%, And Adjusted EPS 63%, Record Third Quarter Performance

November 3, 2021

Lithia & Driveway (NYSE: LAD) today (Oct. 20, 2021) reported the highest third quarter revenue and earnings per share in company history. Third quarter 2021 revenue increased 70% to $6.2 billion from $3.6 billion in the third quarter of 2020. Third quarter 2021 net income attributable to LAD per diluted share was $10.11, a 47% increase from $6.86 per diluted share reported in…

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Arcimoto Releases Q3 2021 Stakeholder Update

November 3, 2021

CEO and Founder Mark Frohnmayer discusses Q3 progress, including record vehicle deliveries, Arcimoto’s expanding rental market, the new Flatbed, the progress of the ATVM loan application, and the launch of the Ride Of The Arconauts, an ongoing roadshow designed to introduce the Arcimoto family of rightsized EVs to the world. Arcimoto, Inc.® (NASDAQ: FUV), makers of…

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Dutch Bros Coffee IPO, now planned for Sept. 15. could be largest in Oregon History

September 9, 2021

Grants Pass, Oregon-based coffee chain Dutch Bros Coffee has set Sept. 15 as its initial public offering date, looking to raise more than $400 million. Shares will be priced Sept. 14, according to the NYSE’s calendar, with the expected price between $18 and $20. Dutch Bros Coffee, a regional coffee chain with 470 locations throughout…

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LAD Reports Highest Fourth Quarter and Full Year Earnings in Company History

February 4, 2021

By Eric Pitt via lithiainvestorrelations.comVP, Investor Relations and TreasurerEPitt@lithia.com Declares Dividend of $0.31 Per Share for Fourth Quarter 2/3/2021 MEDFORD, Ore. – Lithia Motors & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history. Fourth quarter 2020 revenue increased 21% to $3.9 billion from $3.3 billion in the…

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Innovation Projects Throughout Oregon will Advance with New Grant Awards

December 23, 2020

December 21, 2020 Diverse innovation projects across the state are moving forward with new grant funding from Business Oregon and the Oregon Innovation Council (Oregon InC). Oregon InC approved 21 projects through two separate innovation programs, the High Impact Opportunity Projects grant program and Small Business Innovation Research matching grants. Business Oregon’s matching grants fill…

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“All Children are equal in the saddle!”

December 8, 2020

HOPE Equestrian Center is a nonprofit organization dedicated to providing therapeutic horseback riding to individuals with physical, emotional and learning disabilities.  HOPE began in the Rogue Valley in 1988 and has been in operation since 1994.  Each year HOPE provides services to individuals with a wide range of disabilities.  We work with families and professionals…

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People’s Bank of Commerce (Medford) and Willamette Community Bank (Albany) have announced a merger.

December 8, 2020

Note : I proudly serve on the board of People’s Bank and offered to include the shareholder mailing about the merger in this months journal. This is not a solicitation or recommendation to any shareholders. It’s just a story and insert (by a sponsor of the Southern Oregon Business Journal – I’d do the same…

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