Business Oregon Surpasses $300M in Water Systems Funding
Business Oregon recently announced that funding for Oregon water systems recently surpassed a milestone of $300 million in funding, most recently providing funding to the City of Lebanon for a water treatment plant and water intake system.
OR Governor Names Chris Harder as New Business Oregon Director
Oregon Governor Kate Brown recently announced the appointment of Chris Harder as the next director of Business Oregon, the state's economic development agency. Harder previously served as development director at the Portland Development Commission, supporting development, entrepreneurship, innovation and trade efforts.
OR GO Bonds Rated AA+ by Fitch
Business Wire reports that Fitch Ratings has recently assigned an AA+ rating to state of Oregon higher education general obligation bonds, declaring the outlook stable due to the state's strong financial management, diverse economy, and moderate liability burden.
Moody's Assigns Aa1 Rating to OR GO Bonds
Moody's Investor Service has assigned an Aa1 rating to $37.4M of Oregon's general obligation bonds, reflecting the state's effect maintenance of moderate reserve levels during the recession and recent growth in these reserves.
Bloomberg Study Names OR Nation's Best State Economy
A recent Bloomberg report listed the state of Oregon as the healthiest state in the United States in terms of economic performance, publicly traded equity, and other indicators Oregon Live reports.
Portland City Councilor Aims for School, Public Works Bonds
Portland City Councilors recently charted a five year plan and set of goals to achieve for the city, including a possible November bond referendum that would incorporate the fiscal need to construct or renovate city schools in addition to other public works projects, the Forecaster reports.
OR State Grants Fund Manufacturing Rebound
The Portland Tribune reports that the state's manufacturing sector is now growing twice as fast as Oregon's overall economy, projecting the industry will grow by 19 percent by 2022 adding nearly 17,000 jobs to the state workforce.