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Travel Oregon announced the launch of the Destination Ready program to support destination development efforts in advance of summer 2021.  This $250,000 direct investment program offers funding and technical assistance for the development, enhancement and stewardship of key visitor experiences that are COVID-19 appropriate. Eligible entities include local partners focused on recreation, downtown development and culinary or…

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People’s Bank of Commerce Reports Earnings

January 21, 2021 MEDFORD, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) announced today its financial results for the fourth quarter and full year 2020 operations. The bank reported net income of $6,131,000 for the full year of 2020 compared to $4,068,000 in 2019, a 51% increase. In 2020 earnings per diluted share were $1.76 compared…

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Increased Merger Consideration for Willamette Community Bank

Highlights of the Announcement  Cash consideration will be increased to $1.70 per share Total merger consideration of $11.18 per share for shareholders of Willamette Community Bank January 22, 2021, 7:20 PM Eastern Standard Time MEDFORD, Ore. & ALBANY, Ore.–(BUSINESS WIRE)–People’s Bank of Commerce (OTCBB: PBCO) (“PBCO” or the “Company”), and Willamette Community Bank (OTCBB: WMCB),…

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First Webinar in the Restaurant Success Toolbox Series:Promoting Your Restaurant During the Pandemic

January 11, 2021 3:00 PM – 4:00 PM Topic: Cash Flow Management Our first webinar in the five-part Restaurant Success Toolbox Series, which will bring awareness regarding restaurant challenges, issues, and resources, will focus on marketing your restaurant during the Pandemic. You will hear from various experts including, members of the Oregon Restaurant COVID Assistance…

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Arcimoto Enters Purchase Agreement to Expand Its Manufacturing Footprint by 185,000 Square Feet In Eugene, Ore.

Fivefold increase of manufacturing space expected to accelerate mass production of Company’s ultra-efficient EVs. EUGENE, Ore.–Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today announced that it has agreed to purchase a 185,000 square foot manufacturing site in Eugene, Ore. More than five times as…

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A Few Words from Jim

I’m writing this on the last day of 2020. It’s a fun end to a weird year. From the Global Pandemic, to our community businesses shutting down, to Fires that destroyed so many homes and businesses, to everything else we endured here in Southern Oregon, it’s easy to say good riddance to 2020 and hope…

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Arcimoto Announces Latest Milestone in Nationwide Expansion Plan

By Megan Kathman  Arcimoto PR Arcimoto, Inc.® (NASDAQ: FUV), makers of affordable, practical, and joyful pure electric vehicles for everyday commuters and fleets, today announced the next step in its nationwide expansion plan by opening the state of Florida for customer reservations. Today, Arcimoto began reaching out to early preorder customers with the opportunity to…

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The second stimulus bill and impact on housing

By Brad Cartier  stessa.com Diana Olick of CNBC opened up the week with some interesting real estate data to put 2020 to a close. Although mortgage applications fell 5% last week, they are still 26% higher than they were at the same time last year. Refinance volume jumped 4% as well last week and is…

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Comcast Launching WiFi-Connected “Lift Zones”

Amy Keiter  Director, External Communications  Comcast As part of its ongoing commitment to help connect low-income families to the internet so they can fully participate in distance-learning and the digital economy, Comcast today announced that the Boys and Girls Clubs of Salem, Marion and Polk Counties are the first of a number of Lift Zones…

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Aspen Dental Expands Access to Dental Care in Bend, OR

Aspen Dental has officially opened its doors in Bend, Oregon with the opening of a brand-new office, bringing a new local dentist to their community. This is the 15th Aspen Dental practice in the state of Oregon, as Aspen Dental continues to break down barriers and bring comprehensive, affordable care to patients across the country.…

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The Diversity of Oregon’s Industries

by Kale Donnelly State of Oregon Employment Department Workforce Analyst Crook, Deschutes, Gilliam, Hood River, Jefferson, Sherman, Wasco, and Wheeler counties kale.donnelly@oregon.gov It should be noted that the racial and ethnic diversity of Oregon’s total nonfarm employment pales in comparison with the United States. The private sector of the U.S. in 2019 was comprised of…

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