Category Business

Future electricians get a new training home in north Salem
This fall, the Independent Electrical Contractors of Oregon opened a new training center to house their residential electrician apprenticeship programs, which includes twice as much lab space for hands-on practice.

New Oregon economic forecaster predicts higher revenue, higher kicker
Oregon’s new chief economist estimates the state will have about $37.8 billion available to spend in the next two-year budget cycle after reworking how the state calculates its economic forecast.

Salem climber, entrepreneur is bringing back American-made outdoor clothing
Bill Amos founded NW Alpine in 2010 to make high-quality clothes for mountaineers that upheld his environmental and labor values. Now, he wants to grow a new Salem retail store into a community hub.

Cooke Stationery building sold to Salem developer for remodel
Salem apartment developer Kevin Harrison has bought the historic Cooke’s Stationary building and is renovating the vacant upstairs into four apartments. The State Street retail front is available for lease.

Oregon Gov. Tina Kotek hires new heads of housing production office
Joel Madsen and Tony Rocco will co-manage an office in charge of helping Oregon meet Gov. Kotek’s goal of building 36,000 homes per year.

One year in, Avelo has received $446k from grant to subsidize Salem operations
Travel Salem officials said they expect Avelo Airlines’ Salem operations to remain commercially viable when a grant to pay minimum revenue guarantees expires in a year. The money comes from a federal grant and private contributions, not city funds.

Salem homeowners see moderate tax increases, rise in property values slowing
Homeowners in Salem on average will pay about $120 more in property taxes this year. Home values previously skyrocketed until around 2022, but that rise has since slowed down.

Banking on Oregon forests: Despite challenges, carbon markets see big potential in small landowners
Carbon crediting companies are beginning to appeal to small forest owners with an offer they’ve long been left out of due to the high costs and risks.

Banking on Oregon forests: In fight against climate change, financial markets see green in Oregon
Two dozen forests in Oregon encompassing more than 1 million acres have been entered into carbon credit markets in the last decade, generating big money and global interest.
