Invest in Oregon
Dutch Bros Inc. (NYSE: BROS; “Dutch Bros”) today announced that it has commenced an underwritten public offering of $300 million of shares of its Class A Common Stock. In addition, Dutch Bros expects to grant the underwriters a 30-day option to purchase up to an additional $45 million of shares of its Class A Common…
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MEDFORD, Ore., July 26, 2023 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company history. Second quarter 2023 revenue increased 12% to $8.1 billion from $7.2 billion in the second quarter of 2022. Second quarter 2023 net income attributable to LAD per diluted share was $10.78, a 7% decrease from $11.60 per diluted share reported in the…
Read More08/08/2023 Opened 38 New Systemwide Shops in Q2 2023 Quarterly Revenue Increased 34% to $250 million Announces Leadership Transition Updates 2023 Guidance GRANTS PASS, Ore.–(BUSINESS WIRE)– Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the food service and restaurant industry in the United States by location count, today…
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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 opportunity to offer a community bank in Southern Oregon. Ken Trautman and Mike Sickels recognized the possibilities of filling a need that was being lost…
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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 revenue increased 11% to $7.0 billion from $6.3 billion in the fourth quarter of 2021. Fourth quarter 2022 net income attributable to LAD per diluted share was $9.00, a 6%…
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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 PASS, Ore.–(BUSINESS WIRE)– Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”) one of the fastest-growing brands in the food service and restaurant industry in…
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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) — Arcimoto, Inc.® (NASDAQ: FUV), makers of rightsized, ultra-efficient electric vehicles, announced that it will start 2023 vehicle production on FUV and Deliverator with plans for…
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(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…
Read MoreLearn 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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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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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…
Read MoreThe 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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