Thursday, August 13, 2009

The business world... it keeps on changin!

This week's Around the State report showed a larger number of businesses closing than we've seen in the last few issues. Many of these were in Portland. Announcements included:

· Dessert Noir Cafe & Bar in Beaverton closed. The Oregonian, 8-6-09
· Pacific Manufacturing Corp., a Green-area business that constructed log yarders and accessories, closed. It employed six people. The News-Review, 8-9-09
· Epic Aircraft in Bend closed and the remaining employees have been laid off., 8-11-09

There were also some businesses that opened, like...
· Rue Royale, a catering business and produce store, opened in Astoria. Daily Astorian, 8-5-09
· Life, Love, Yoga studio opened in Sisters. The Nugget, 8-11-09
· Keizer Academy of Music & Arts will open. It will offer classes and private lessons in music, dance, acting, and visual arts. Statesman Journal, 7-18-09

Other business news included:
· Advanced Research Corporation in Newport won a contract from Oregon Wave Energy Trust to conduct a wave energy infrastructure assessment. The trust’s goal is to produce two megawatts of wave energy electricity by 2010. News Times, 8-5-09
· Community First Bank of Prineville was declared insolvent by the Oregon Department of Business and Consumer Services. The bank’s branches reopened as Nampa, Idaho-based Home Federal Bank. All employees except senior managers kept their jobs. Bend Bulletin, 8-11-09

Get all the details in the full report, or check out past issues.

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