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Regional Economy. Oregon economy holding steady Oregon population growth is up 1.6% (year over year) Portland/Vancouver’s personal income up 5.8% Oregon Exports up 23% in 2006; China up 73%. Corporate Strength. Intel Expansion: $2.5B in China + $1.0B in Vietnam
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Regional Economy • Oregon economy holding steady • Oregon population growth is up 1.6% (year over year) • Portland/Vancouver’s personal income up 5.8% • Oregon Exports up 23% in 2006; China up 73%
Corporate Strength • Intel Expansion: $2.5B in China + $1.0B in Vietnam • Nike’s worldwide future orders up 12% • SEH America’s expansion - 300mm silicon wafer production
Companies that Trade in Asia Intel Nike Adidas America Tektronix, Inc. InFocus Corporation American Honda Motor Co. Inc. Toyota Industrial Lifts Toyota Motor Sales, U.S.A., Inc. Subaru of America Shindaiwa, Inc. Hitachi Maxco, Ltd. SEH America Toyo Tanso USA, Inc. Electro Scientific Industries, Inc. Columbia Sportswear Company Bank of Tokyo/Mitsubishi , UFJ, Ltd. Harry & David Operations Corp. Epson Portland Inc. Fujitsu Computer Products of America, Inc Komatsu Silicon America, LLC Hyundai Semiconductor America Ishimoto America Inc. Sharp Labs of America Sumitomo Mitsubishi Silicone Corp. Hewlett-Packard Masami Foods Inc. Mentor Graphics Corporation Kyocera America, VisPro Division (KAJ LTCC Division) Sumitomo Electric Semiconductor Materials, Inc.
Targeted Cluster Investment in Oregon • Genentech investment in biotechnology • SolarWorld AG investment in renewable energy • Keen Footwear investment in footwear/apparel
The Port is an Economic Engine “The mission of the Port of Portland is to enhance the region’s economy and quality of life by providing efficient cargo and air passenger access to national and global markets” 7 Business Parks 4 Marine Terminals 4 Airports
Port Facilities TTD HIO 4S9
International Nonstop Destinations Chart 1 YVR-AC FRA-LH PEK-CA AMS-NW* NRT-NW SJD-AS GDL-MX PVR-AS MEX-MX *Starts 3/29/08
New North America Service Since May 06 Chart 2 MSO PDX BOS JFK PHL STS CLT LAX MCO • Since May 2006 New Service • 9 new destinations • *14 daily departures (+5%) • *1,814 daily seat departures (+7%) SJD PVR MEX
PDX 2006 Facts • PDX ranked 22nd largest U.S. cargo airport (CY2006) • 33 carriers, of which 12 are all-cargo • One international all-cargo carrier • Air China Cargo • 256,788 tonnes of cargo
PDX Facility Layout PDX Air Trans Center
PDX Can Access the Region • Quick access to I-205, I-5 & I-84 • Only river grade route through the Cascades • Liberal truck length & weight limits • PDX’s location makes it a natural distribution point to N. California and PNW markets SEA 282 795 PDX 687 1320 BOI 1024 1034 Distances in Kilometers SFO