The successful recruitment of BasX Solutions to Redmond – a story that goes back two decades – was recognized recently by the Oregon Economic Development Association (OEDA) as the Business Development Story of the Year at an awards luncheon during OEDA’s Annual Conference in Eugene last month.
Read MoreBasX Solutions – an emerging leader in product development, precision design and manufacturing, which is building success on a true innovative approach to custom engineered products – purchased the 105,000 square foot one-time Walmart store on SW 21st Street and has been transforming it into a full-service manufacturing and assembly facility with the help of SunWest Builders and Pinnacle Architecture. The structure sits on almost 13 acres, which also offers ample scope for future growth.
Read MoreIn an effort to help educate Redmond’s community leaders on the city’s wide range of manufacturing companies, Redmond Economic Development, Incorporated (REDI) held their second annual, Made In Redmond tour recently. Offering up their support for the industry and REDI’s goal of shining a light on business successes, the Redmond City Council proclaimed the first Friday in October as, Manufacturing Day in Redmond.
“We have seen substantial growth here in Redmond,” exclaims REDI manager, Jon Stark. “The...
Read MoreEconomic Development for Central Oregon (EDCO), host of the annual Bend Venture Conference (BVC) set for October 16-17, has selected the five launch stage companies that will go on to compete for an estimated $500,000 at the 2014 BVC as Craft3, a CDFI lender that expanded operations to Central Oregon last year, adds a $26,500 investment to the BVC Fund.
Read MoreExports from the Bend-Redmond area rose 27 percent between 2012 and 2013 for a record total of $119 million worth of merchandise, the U.S. Department of Commerce reported recently.
While the Bend Metropolitan Statistical Area registered record export sales in the millions in 2013, other MSAs dwarf it with sales in the billions. The total exports from the largest 387 U.S. metro areas totaled $1.4 trillion. Locally, export-driven firms face challenges ahead as they compete with overseas firms that produce...
Read More