Regional Business News

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Organic food production is behind demand

America’s appetite for organic food is so strong that supply just can’t keep up with demand.

Key Oregon open source firm moving to California. Software – Compiere Inc. is heading to Silicon Valley with $6 million in venture capital it managed to attract

Its departure represents a setback as Oregon tries to turn the state’s open source activity from a cultural phenomenon into an economic one.

Qwest now largest company in region

Telecom jobs, on average, pay $76,000 a year. In Denver, every Qwest job generates almost five jobs in other industries, said Adams.

Venture capital vital to North Dakota – VeraSun Energy, No. 2 U.S. ethanol producer, a Brookings, S.D.-based company has very successful IPO

When it comes to sizzling IPOs, forget about Silicon Valley. The Midwest is the best place to be. The success of Cirrus demonstrates that venture capital plays a vital and growing role in North Dakota’s economy, area business leaders say.

Exports fueling regional economy

Montana’s economy is chugging along at a clip not seen since the energy boom of the 1970s, thanks in part to developing economies in other countries, a University of Montana economist said Sunday. Energy is…

Minnesota tech entrepreneur moves to Oregon for the talent

Oregon is home to his newly recruited management team of former Intel executives, which he sees as a key asset in the highly competitive chip market.

‘Retired’ workers are great resource. Finding and Retaining Talent will Become More Challenging

"One result could be large gaps in the labor force and possible economic hardship as companies scramble to find skilled replacements for retirees," says a recent report from the Workforce Development Council of Seattle-King County. "Several important industry sectors and ‘knowledge occupations’ are vulnerable because they have a high proportion of older workers." Among those sectors identified as most vulnerable: education, public administration, utilities, manufacturing, health care and architecture/engineering.

Loss of big firms alarming in Colorado. State has small incentive budget. Speakers at an economic summit discuss problems with recruiting and holding on to large corporations.

Colorado is home to 10 Fortune 500 companies, two more than it had in 2004. During the same period, however, the state lost several headquarters companies.

Job Market Booming For Skilled IT Professionals – Average IT Manager Makes $99,000, Staffer $73,000. Great time to switch companies or even industries

"There’s been an unabated growth in the last three quarters," said Jim Lanzalotto, Yoh’s vice president of strategy and marketing, in an interview "And I don’t see anything that can slow it down."

Tech economy in Utah thrives, national, state studies indicate. Idaho High-tech exports third highest % in nation.

"Utah’s strong work ethic and high level of education make it an attractive location for technology companies to develop new products and techniques,"