CEO Guide to Site Selection

Oregon

A SEMICONDUCTOR SUPERSTATE

Oregon continues to attract a supersize share of the semiconductor market. HP announced in August 2024 it landed $50 million in federal funding from the CHIPS Act to help upgrade and expand its campus in Corvallis. The funds will help support the company’s “lab-to-fab” ecosystem in developing microfluidics and microelectromechanical systems to improve the performance of semiconductor hardware. Oregon is home to more than 200 semiconductor companies, 30 of which have set up shop in the state in the past five years. The state has also announced more than $40 billion in private-sector investment since the CHIPS Act was passed in 2022. In April 2024, Intel announced plans to invest more than $36 billion to expand its operations at its global R&D center in Washington County.

"With support from industry leaders, the federal designation, our universities and local leadership, Oregon is excited for the potential to hose an NSTC-affiliated technical center and advance our strong track record as a leader in the semiconductor supply chain.”
Tina Kotek
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2020 and 2023

KEY INCENTIVES

Strategic Reserve Fund (SRF): Offers a flexible tool for job retention and creation, often used as forgivable loans helping businesses expand in Oregon.

Business Expansion Program (BEP): Offers a cash incentive based on the estimated increase in new personal income tax revenue resulting from the new hires.

Enterprise Zones: Offers a three- to five-year exemption from local property taxes on new plant and equipment for expansion with longer terms available in rural areas.

Strategic Investment Program (SIP): Exempts a portion of very large capital investments from property taxes for 15 years.

Oregon Investment Advantage (OIA): Helps businesses start or locate new types of operations in a number of counties by providing an income tax subtraction, potentially eliminating state income tax liability on new operations.

EDCs

Business Oregon
www.oregon.gov/biz

Oregon’s Economic Development Districts
oedd.org

Prosper Portland
prosperportland.us

Strategic Economic Development Corporation
sedcor.com

HIGHLIGHTED PROGRAM OR INITIATIVE

The Oregon Workforce Partnership (OWP) is comprised of more than 200 community leaders from business, education, workforce and elected officials from the state’s Local Workforce Development areas. It collaborates to engage stakeholders about workforce priorities, challenges, resources and solutions.

BIG DEALS

  • Applied Physics Technologies announced in June 2023 an expansion and 30 new jobs in McMinnville.
  • Intel announced in March 2024 a $36 billion expansion at its global R&D center in Washington County.
  • Daimler Truck North America announced in May 2024 a $43 million expansion and 150 new jobs in Swan Island

BIG COMPANIES

Two Fortune 500 companies headquartered in state:

  • Lithia Motors
  • Nike
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.