Author Archives: EDCO

EDCO ANNOUNCES 2021 CENTRAL OREGON LARGEST EMPLOYERS

EDCO logo, Mount Bachelor landscape

EDCO RELEASES 2021 CENTRAL OREGON LARGEST EMPLOYERS

Data compiled by EDCO Shows Top Public & Private Regional Employers

Bend, Ore. – April 1, 2021 – Economic Development for Central Oregon (EDCO) is pleased to announce the 2021 Central Oregon Largest Employers List, complete with breakouts of the top employers in each Central Oregon community. This data, collected by EDCO annually for the past 20 years, is the most comprehensive major employer list in Central Oregon.

This year the top 50 private companies collectively employ nearly 21,000 Central Oregonians, or roughly 21.9% of the region’s 2020 annual average total non-farm employment of 95,790. St. Charles Health System tops the list again, employing over 4,600 people regionwide.

According to the Oregon Employment Department, 77% of Oregon establishments have nine or fewer employees and the average private establishment employed roughly 11 people in 2020.

“Our team is especially appreciative that our private and public employers were willing to provide this information given the events of the past 12 months,” said Roger Lee, CEO of EDCO. “The top employers list provides a perspective of the important role larger organizations play in our economy even as most jobs still come from small, often young businesses.”

When evaluating the region for investment and new or expanded operations, companies often turn to EDCO for information about the existing employment base and largest private employers from both the traded-sector (manufacturers, high technology and professional service companies) and non-traded sector (retail and commercial businesses, education, healthcare, hospitality, construction, etc.). EDCO’s regional list features private (for-profit and non-profit) employers, while those at the community level include both private and public employers.

To view the lists in their entirety, click on the links below:

2021 Central Oregon Largest Employers
2021 Central Oregon Largest Employers – Bend
2021 Central Oregon Largest Employers – Redmond
2021 Central Oregon Largest Employers – Jefferson County
2021 Central Oregon Largest Employers – Crook County
2021 Central Oregon Largest Employers – Sisters
2021 Central Oregon Largest Employers – Sunriver_La Pine

 

Data for the lists is self-reported and not audited, so are only to be used as an informational guideline. Some businesses chose not to participate in these lists and are therefore excluded.

About Economic Development for Central Oregon

EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

EDCO’S ANNUAL LUNCHEON RETURNS THURSDAY, MAY 6TH FEATURING INTERNATIONALLY ACCLAIMED AUTHOR & ECONOMIST TIM HARFORD

EDCO ANNUAL LUNCHEON RETURNS THURSDAY, MAY 6TH
FEATURING INTERNATIONALLY ACCLAIMED AUTHOR & ECONOMIST TIM HARFORD

BEND, OR (March 12, 2021)Economic Development for Central Oregon (EDCO) will host its Annual Luncheon on Thursday, May 6th, 2021, from 11:00 am – 1:30 pm, both in-person and virtually.

EDCO is proud to again host the Annual Luncheon at the Riverhouse on the Deschutes. New this year is the opportunity to attend the event virtually. Whether joining in-person or virtually, networking and lunch will be provided. In-person attendees will also receive one of the keynote speaker’s books. In-person tickets and tables are available and on sale here. Virtual tickets and tables can be purchased here.

Additionally, for each virtual ticket sold EDCO will donate a virtual ticket to a student in Central Oregon.

EDCO’s Annual Luncheon is a tradition providing the Central Oregon business community an opportunity to hear nationally (and now internationally) recognized leaders discussing topics important to the business community. With the challenges and changes surrounding the past twelve months, this year’s keynote will focus on how disorder can transform our lives for the better.

Tim Harford


Keynote Speaker

Tim Harford

International Bestseller | Economist | BBC Radio Host  | TED Speaker

 

When Things Get Messy:
The Productive Reactions to Destruction

Tim Harford has been described as ‘perhaps the best popular economics writer in the world’. He is a behavioral economist, BBC radio and TV presenter, and award-winning Financial Times columnist. Sometimes called ‘Britain’s Malcolm Gladwell’, Tim offers a distinctive blend of storytelling, humor and intelligence.

He has written nine books, including The Undercover Economist, which has sold nearly 2 million copies in over 30 languages. His BBC Radio 4 series, More or Less, offers a genial smackdown of dubious statistics, while his BBC World Service radio series Fifty Things That Made the Modern Economy was a critical success and iTunes topper. Tim’s most recent book, The Data Detective, was released this past February and his writings have won several prestigious awards, including the Bastiat Prize for economic journalism (2006 and 2016), Science and Data Commentator of the Year (2018) and more.

Tim is the only journalist to be an honorary fellow of the Royal Statistical Society, has given numerous invited lectures (including at Google) and three TED talks, which have alone been viewed nearly 10 million times.

“He’s a genius at telling stories that illuminate our world.” – Malcolm Gladwell

 

In-Person Tickets and Registration (book and lunch included):
$79 EDCO Members
$94 Non-Members

Tickets and tables can be purchased here.
(In-person table sponsors receive six luncheon tickets plus recognition prior to and during the event.)

Virtual Tickets and Registration (dining certificate and networking included):
$39 EDCO Members
$54 Non-Members

Tickets and tables can be purchased here.
(Virtual table sponsors receive ten luncheon tickets plus recognition prior to and during the event.)

Become an EDCO Member here.

About Economic Development for Central Oregon (EDCO)

Now in its 40th year of operations in Central Oregon, Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

TECH COMPANY COGNITO ANNOUNCES HEADQUARTERS MOVE TO SISTERS, OREGON

Illustration of Tech Company Cognito

 

TECH COMPANY COGNITO ANNOUNCES HEADQUARTERS MOVE TO SISTERS, OREGON

ACTIVELY RECRUITING THROUGHOUT THE REGION FOR NEW POSITIONS

SISTERS, ORE (March 2, 2021)Cognito, a technology company creating frictionless, modern identity verification, which started in Palo Alto in 2014, has chosen to relocate its headquarters to Sisters, Oregon (pop. 3,003). The company provides identity verification and security compliance solutions to fast-growing businesses and financial services firms.

Co-founder and CEO Alain Meier helped launch the Stanford Bitcoin Group while studying at Stanford University, where he recognized the need for more advanced anti-fraud and compliance tools for businesses. During that process he joined Y Combinator, a Silicon Valley-based seed money startup accelerator that has helped more than 2000 companies launch since 2005.

While in Y Combinator, they began supporting companies like Brex, Coinbase, Current, and Nextdoor, helping them to scale onboarding while satisfying regulatory compliance requirements. Today, Cognito has over 500 clients, representing over 100 million individuals through its platform. They continue to carve a niche in the financial services industry as a fintech leader.

The company expects to gradually grow its headcount in Sisters, however like many tech companies in the COVID era, most of its employees are working remotely. Three of the firm’s current team of eleven are in the greater Sisters area. They are also actively looking for local talent for two open positions. Economic Development for Central Oregon (EDCO) is working with the company to help facilitate its growth in the region.

Co-Founder and CEO Meier said: “We chose Sisters for our new headquarters in part due to the unpublicized, growing high-tech knowledge employment base that the community possesses. Cognito saw the need to grow in a location where we can hire incredible talent that have a variety of different interests and backgrounds.”

The small, bucolic town of Sisters has been in the news this past year with other notable young companies progressing with rapid growth, including the recent IPO of Laird Superfood, which rang into the New York Stock Exchange (NYSE) on September 23, 2020.

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

MOVE: TJP Engineering Brings Aquatic Ecosystems to Life

TJP aquatic system

TJP Engineering works with zoos, aquariums and marine parks across the globe, designing
and engineering large-scale, custom aquatic systems. In early 2019 TJP decided that a move to southern Deschutes County would be beneficial for both their company and their employees. Early on TJP reached out to EDCO, who introduced them to tax incentive programs, assisted with identifying possible office space and provided local contacts for various business services – from banking to human resource support. Company culture and employee well-being are high priorities for TJP and the move has given their employees a better lifestyle including convenient travel through Redmond’s airport, access to more affordable housing with wider options for homeownership and a plethora of year-round recreation opportunities.

 

“When we relocated our engineering firm to Deschutes County, EDCO was incredibly helpful. They assisted us with finding our new office space and provided invaluable support as we navigated the paperwork to pursue various tax incentive programs. Since our move, they have been extremely supportive with finding new employees and connecting with various business services in the area. Central Oregon has proven to be an excellent place to base our business and we are grateful to EDCO for their continued support.” – Terri L. Johnson, President and CEO, TJP Engineering Inc.

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GROW: Velox Systems Does the Heavy IT Lifting

Velox Systems team photo

Bend, Ore., July 15, 2020 – Velox Systems provides incredible IT services and system support across Central Oregon. What can we say? We may be biased. EDCO’s worked with Velox Systems for over ten years and during that time has had incredible service, knowledgeable technicians and quick response times. They’ve been the technology backbone of many of EDCO’s behind-the-scenes systems, designing networks, completing cloud migrations, and countless other tasks. We chatted with Jordan Smith, Founder and Owner of Velox Systems, about why they choose to support economic development and their partnership with EDCO.

EDCO: Why did you choose to start your business in Central Oregon?

Jordan: Central Oregon is my home. I was born here and after college was lured back by the beautiful summers and thriving economy of 2006. Of course, when that all changed in 2008, I remained here to help be a part of the rebuilding. Companies were battered, and in the absence of a populous workforce, they needed help to regrow. I started Velox Systems in Central Oregon to be a part of that reconstruction by providing companies with the technical skill required to rebuild and succeed.

EDCO: How did you hear about EDCO and why did you choose to engage with them?

Jordan: I’ve been friends with EDCO for a long time. We’ve worked together since 2009 in both technology and community involvement. EDCO inspires and shares our passion for the local economy and the success of the business community.

EDCO: How did EDCO help you?

Jordan: EDCO provides community events focused on business growth and strategy that we needed to effectively start and grow our business into the top IT Services provider in the region. From their monthly Central Oregon PubTalk‘s to internship programs and coordination efforts with local higher education, EDCO’s helped us find team members and partners in the community that has fueled our growth as we, in turn, fuel the growth of those around us.

EDCO: What unexpected benefit did EDCO deliver to your organization?

Jordan: They’ve been a source of inspiration for hosting events. Their events are second to none, and as a company focused on community involvement, Velox Systems has modeled our own events after the work EDCO puts into theirs.

EDCO: Why do you continue to support EDCO?

Jordan: EDCO’s mission is to grow the economy of Central Oregon by attracting new businesses to the area, helping startups with new ideas get off the ground through PubTalk and the Bend Venture Conference and help companies grow by providing events and working with the local workforce community to promote talent. This is my passion for the community as well. At Velox Systems we believe an integral part of economic growth in Central Oregon is that there is adequate technology for all these things to happen. Velox Systems brings talent, technology and vision to businesses throughout Central Oregon so they can focus on what they’re passionate about knowing they have reliable infrastructure to do the job, no matter how big they get. It seemed natural for Velox Systems to participate in EDCO’s mission as a Platinum Member so we can continue to work together for the benefit of our community.

 

To learn more about Velox Systems’ IT Services and support, visit their website.

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There’s Good News, Too: Oregon Spirit Distillers

There’s Good News, Too: Oregon Spirit Distillers

Oregon Spirit Distillers has been making whiskey for the past ten years…and hand sanitizer for the past ten weeks. They’re still putting alcohol in a bottle, just a bit differently. Deschutes Brewery helped by sending eight full-time employees so they can keep up with the demand for both their award-winning liquors and the production of hand sanitizer.

Plus, their tasting room is open for product pick up.

Thanks to BendBroadband for helping us share this story.

REDI to Host Annual Luncheon Virtually on Tuesday, May 26th

REDI Annual Luncheon May 26 2020 - Zach Mercurio photo

REDI TO HOST ANNUAL LUNCHEON VIRTUALLY ON TUESDAY, MAY 26TH

REDMOND, OR (May 15, 2020)Redmond Economic Development, Inc. (REDI) is pleased to announce their 2020 Annual Luncheon will be held virtually on Tuesday, May 26th, featuring a keynote from New York Times Bestselling Author Zach Mercurio.

REDI holds its Annual Luncheon each Spring discussing topics pertinent to the Central Oregon business community. This year’s live-streamed event will focus on the topic of harnessing the power of purpose and meaningfulness at work and why it matters when building strong core values and culture.

While this event may look different than in year’s past, Zach’s message is important now more than ever. Thanks to the event sponsors, REDI is offering this virtual program at a deep discount.

Join REDI and the local business community and learn what authentic purpose is and how it scientifically works to motivate people and organizations.

REDI Annual Luncheon
Featuring New York Time’s Bestselling Author Zach Mercurio
Tuesday, May 26, 2020
11:30 am – 12:30 pm
Tickets $10 REDI & EDCO Members; $15 Non-members; $200 VIP virtual lounge
Register here.

 

Title Sponsors
BendBroadband logo, Central Oregon Community College logo, First Interstate Bank logo

 

About Economic Development for Central Oregon (EDCO)
Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

About Redmond Economic Development, Inc. (REDI)
Redmond Economic Development, Inc. (REDI), in collaboration with EDCO, is a private, non-profit corporation established in 1987 as a partnership between private business and the public sector to encourage economic development in the City of Redmond, Oregon. Its mission is to create prosperity through community and business development. REDI serves as an advocate for Redmond’s industrial companies and assists them by providing information about Redmond as an area for business, relocation, or expansion. For more information, visit www.rediinfo.com.

About Zach Mercurio
Zach Mercurio is one of the leading experts on the role of purpose and meaning in organizations, work and life. Through speaking, consulting and research Zach has helped diverse organizations and individuals around the world understand how purpose and meaning unleashes human potential to create thriving organizations and lives. Zach is the author of The Invisible Leader: Transform Your Life, Work, and Organization with the Power of Authentic Purpose and is the founder and author of PurposeSpeaks.com, the popular blog on purposeful leadership. He is also a regular contributor on purpose for the Huffington Post and other international media outlets. For more information, visit www.zachmercurio.com.

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EDCO’s Resource Check-In Podcast Episode #3

EDCO_progress

EDCO’s Resource Check-In Podcast Episode #3

EDCO’s Resource Check-In Podcast updates the Central Oregon community with info and different resources that are available during this crisis. We realize there is no one-size-fits-all solution for your business, but we hope you walk away with some helpful tips.

Episode #3 welcomes Jon Stark, Redmond Economic Development, Inc. (REDI) Senior Director, and Damon Runberg, Regional Economist at the State of Oregon Employment Department, discussing Pandemic Unemployment Assistance, the future of our region, and how to prepare to reopen your business.

For more episodes, click here.

EDCO Welcomes Don Myll As New Bend Area Director

EDCO logo, Mount Bachelor landscape

EDCO WELCOMES DON MYLL AS NEW BEND AREA DIRECTOR 

BEND, OR (May 5, 2020) – Economic Development for Central Oregon (EDCO) is pleased to welcome the addition of Don Myll as Bend Area Director, effective immediately.  

In his role, Don is responsible for supporting EDCO’s mission of creating a diversified local economy and a strong base of middle-class jobs in Central Oregon. His focus will be on guiding employers outside the region through the relocation process of moving to Bend and working closely with existing local traded sector companies to help them grow and expand while supporting the broad range of industries that comprise the backbone of the Central Oregon economy. 

Throughout Don’s career, he’s helped lead successful venture capital, private equity and public healthcare companies as both CFO and CEO including Correctional Medical Group Companies, Vericare, ImplediMed, Ambit Biosciences, AMN Healthcare Services, and Daou Systems. He’s worked in companies ranging from startups with virtually no initial revenue to those with nationwide operations and hundreds of millions of dollars in revenue, guiding both finance and corporate support.

“Don brings great C-level financial and business leadership experience to the role, which we think is perfect timing given our current economic climate,” said EDCO’s CEO Roger Lee. “He has been busy in his first weeks on the job reaching out individually to more than 150 companies to discuss how the current economic situation is impacting them and ways we can help.” 

EDCO would like to thank BBSI, spearheaded by Area Manager Eric Strobel and Recruiter Kat Gardner, who conducted the professional search for the Bend Area Director position. A hiring committee representing different community partners and business perspectives participated on the hiring panel. 

About Economic Development for Central Oregon (EDCO)
EDCO is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses already located here to grow their operations. For more information, visit www.edcoinfo.com.    

About BBSI
BBSI started as a staffing company in 1972 and evolved into a Professional Employer Organization. Over time, we saw that we could make a much bigger impact for our clients by facilitating different conversations with business owners. Helping them see what they couldn’t see before is what drives us. So, we changed the way we do business. Today, we stand shoulder-to-shoulder with business owners and are relentless in our pursuit of their success. For more information, visit https://mybbsi.com/. 

EDCO’s Resource Check-In Podcast Episode #2

EDCO_progress

EDCO’s Resource Check-In Podcast Episode #2

EDCO’s Resource Check-In Podcast updates the Central Oregon community with info and different resources that are available during this crisis. We realize there is no one-size-fits-all solution for your business, but we hope you walk away with some helpful tips.

Episode #2 welcomes Tom Schnell, Business Finance Officer with Business Oregon, and Zak Sundsten, VP and Senior Commercial Relationship Manager with Umpqua Bank and a member of EDCO’s Board of Directors, discussing PPP, EIDL and other business resources.

For more episodes, click here.