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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…
Read MoreJanuary 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.…
Read MoreThis 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,…
Read MoreLithia & 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…
Read MoreCEO 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…
Read MoreGrants 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…
Read MoreBy 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…
Read MoreDecember 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…
Read MoreHOPE 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…
Read MoreNote : 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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