>Brookings Oregon News, Sports, & Weather | The Curry Coastal Pilot

News Classifieds Web
web powered by Web Search Powered by Google

News arrow News arrow Business arrow Expert: Beauty, recreation can fuel region’s economy

Print

Expert: Beauty, recreation can fuel region’s economy

 

Curry County’s spectacular scenery and outdoor recreation opportunities can be a catalyst to diverse economic growth, according to a development expert.

Ron Fox, executive director of Southern Oregon Regional Economic Development Inc., spoke during the annual Business Outlook Conference in Smith River earlier this month.

 

Many small businesses looking to relocate are drawn to places where employees will enjoy living, Fox said.

“Curry and Del Norte counties just shout out quality of life,” he said, “whether it’s a boat ride on the Rogue River, a walk through the Redwoods or a fishing trip.”

Attracting visitors is often the first step toward having a business relocate in that area, he said.

He gave some examples of small businesses that have set up shop in Southwest Oregon after the owners came to the region as visitors. They include:

•Bauer Fly Reels of Ashland, which manufactures and distributes its $300 to $800 reels worldwide.

•Esquire Piano Inc. of Medford, which restores high-end pianos including some used by Elton John.

•Cary’s of Oregon, which produces toffee in its Grants Pass plant.

•Marzi Sinks of Ashland, whose owners relocated after years of attending the Oregon Shakespeare Festival.

Fox added that broadband Internet access is “very important” to luring new businesses.

Southern Oregon Regional Economic Development Inc. has devised a six-county Southern Oregon marketing team. Curry, Coos, Josephine, Jackson, Klamath and Lake counties are included in the collaborative marketing effort.

“We work diligently to connect with the thousands and thousands of tourists who travel through our area,” Fox said.

More information about Southern Oregon Regional Economic Development Inc. is available at www.soregon.com.

Print

Business News by Yahoo Finance

  • Alibaba surges 38 percent on massive demand in market debut
    Alibaba Group Holding Ltd's (BABA.N) shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class. It was an auspicious debut for the Chinese e-commerce company, which was founded by Jack Ma in his apartment in 1999 and now accounts for 80 percent of online sales in China. About 100 people gathered outside the New York Stock Exchange at Wall and Broad Streets, many of them Chinese tourists with cameras, and they cheered and snapped photos when Ma exited the building with the kung fu star Jet Li. Some 271 million shares changed hands, more than double the turnover on Twitter Inc's (TWTR.N) first day last year, although still short of volume for the General Motors Co (GM.N) and Facebook Inc (FB.O) IPOs.
  • Wall St. flat as Oracle takes air out of Alibaba debut
    Alibaba (BABA.N) took the spotlight after its initial public offering priced at $68 a share and rose as high as $99.70 before ending the session up 38 percent to $93.89. Shares of Yahoo (YHOO.O), which is selling part of its Alibaba stake but will remain a top shareholder, were volatile in heavy volume and closed down 2.7 percent at $40.93. "Alibaba was awesome. The Alibaba deal was done correctly, which is, you leave something on the table for investors to enjoy," said Phil Orlando, chief equity market strategist at Federated Investors in New York.
  • When music stops for Oracle CEO dance, Catz may grab Ellison's chair : analysts
    If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp (ORCL.N)? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz. The question is on investors' minds after Ellison, 70, promoted both Catz and sales leader Mark Hurd to the CEO position on Thursday, while taking on the role of executive chairman and chief technology officer himself. Of 12 analysts who replied to an anonymous poll, five said Catz would likely run Oracle, while only one voted for Hurd, 57.

Follow Curry Coastal Pilot headlines on Follow Curry Coastal Pilot headlines on Twitter

© Copyright 2001 - 2014 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use