Tag Archives: Madras

EDCO RELEASES 2022 LIST OF CENTRAL OREGON’S LARGEST EMPLOYERS

Data Compiled by EDCO Shows Top Public & Private Regional Employers

Bend, Ore. – May 4, 2022Economic Development for Central Oregon (EDCO) is pleased to announce the 2022 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 over 20,300 Central Oregonians, or roughly 20.2% of the region’s 2021 annual average total non-farm employment of 100,700. St. Charles Health System tops the list again, employing over 4,500 people regionwide.

According to the Oregon Employment Department, 80% of Oregon establishments have nine or fewer employees and the average private establishment employed roughly 11 people in 2021.

“Given the challenges many have faced over the 2+ years of the pandemic, we are grateful for the willingness of so many employers to share their employment data,” said Jon Stark, Interim CEO of EDCO, “and for the relationships we’ve developed over the years that enable us to collect this information.” Stark added, “we are proud to have so many growing and sustainable companies on the high desert and while larger organizations play an important role in our economy, it’s the smaller, often younger companies that generally have the largest net gains in employment.”

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:

2022 Central Oregon Largest Employers
2022 Central Oregon Largest Employers – Bend
2022 Central Oregon Largest Employers – Redmond
2022 Central Oregon Largest Employers – Jefferson County
2022 Central Oregon Largest Employers – Crook County
2022 Central Oregon Largest Employers – Sisters
2022 Central Oregon Largest Employers – Sunriver_La Pine

Data for the lists are 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.

Jefferson County Offers $143,000 Incentive for Construction of Industrial Space

EDCO logo, Mount Bachelor landscape

Jefferson County Offers $143,000 Incentive for Construction of Industrial Space
FOR IMMEDIATE RELEASE

Madras, Ore. Jefferson County has finalized a grant program that offers a cash incentive for
the private development community to construct new industrial or light industrial space within the county’s borders. For years, all existing heavy and light industrial space has been fully occupied in Madras, Metolius, Culver, Crooked River Ranch and Warm Springs, which the Jefferson County Board of Commissioners see as a barrier for business development. This incentive would offer up to $125,000 for construction of a 60,000 square foot building available for lease. The minimum size for eligibility is 20,000 square feet, which would yield a $75,000 cash grant. Sizes in between will be prorated.

Additionally, the grant recipient may also apply for up to $18,000 in “rent gap coverage” to
defray costs if the building remains vacant after completion. This grant is designed for maximum flexibility and does not require a specific property to be identified at the time of the application.

However, those applications with land control (lease or ownership) will be scored higher. Applicants also need not have a tenant in hand to apply. The deadline for applications for this incentive is November 4th, 2019, 2:00pm.

“It is widely known that a shortage of built industrial space available for lease in a community is a barrier for both existing businesses to expand and companies outside our borders to relocate,” said Jefferson County Commissioner Kelly Simmelink. “We don’t want to lose opportunities due to a 12-18 month permitting and construction time frame,” he noted.

Commissioner Mae Huston emphasized that financial capital is also a constraint. “Many of the economic development tools to attract business to Jefferson County are geared to businesses that can be patient through a building project and have sufficient capital for ground-up development,” said Huston.

“The data tells us that most business owners would rather direct their capital and attention to the business rather than real estate,” continued Huston.

Wayne Fording, local business owner and longtime Commissioner, sees the incentive as a way for the public sector to help mitigate private sector risk of investing in new speculative space. “The grant program’s goal is to get someone to add inventory, and we believe occupancy will follow quickly,” said Fording.

This grant program may be used in conjunction with the Oregon Enterprise Zone program,
which offers 3-15 year property tax exemptions for qualifying companies on buildings, equipment and certain types of personal property. Local jurisdictions including Jefferson County, City of Madras, City of Metolius, City of Culver and the Confederated Tribes of Warm Springs volunteer to temporarily give up some property tax revenue via the Enterprise Zone programs in order to attract new jobs and capital investment.

The source of funding used for the industrial construction incentive program is a portion of the net proceeds of a 1980s Oregon Community Development Grant that the County used to establish a business economic development loan program. The County originally received $400,000. Today, the program has grown with principal and interest repayments to a current value over $800,000.

Grant details are available at www.jeffco.net/RFPs and the deadline for sealed
applications is November 4, 2019 at 2:00 PM.

Contact: Kelly Simmelink, County Commissioner – 503.730.6573
Jeff Rasmussen, County Administrative Officer – 541.460.0889

About Jefferson County:
Established in 1914, Jefferson County comprises the northern portion of the Central Oregon region and includes Oregon’s largest Native American reservation. It is home to some of the largest manufacturers in the region, has among the state’s most diverse population and its farms produce the majority of the annual U.S. and global carrot seed supply.