2013 Central Oregon Profile by Bend Real Estate Connection

E CONOMIC D EVELOPMENT

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FOR CENTRAL OREGON

CENTRAL OREGON PROFILE Welcome to Central Oregon! The region encompasses dramatic snow-capped mountain ranges to high desert plateaus within the counties of Crook, Deschutes and Jefferson. Central Oregon has led the state in population growth over the last decade; in fact, one of five new Oregonians chose to live in the Tri-County area. In the same decade, Central Oregon has also topped the state in job growth, creating a region that's characterized by dynamic small businesses and entrepreneurial activity. The region boasts strong clusters in software, biosciences, renewable energy, brewing, and recreation equipment. For most new residents, Central Oregon is a lifestyle choice, offering a friendly environment, year round recreation options, and world class amenities all with the benefits of a small town. From a ranch in Prineville to an upscale urban condo in Bend, and the range of options in between, the region presents a rare diversity of places to live all with an easy commute to work. For a relocating business, Central Oregon has a reputation for welcoming new companies. The region has some of the lowest operating costs in the Pacific Northwest, without any sacrifice in transportation or telecommunications infrastructure. What sets Central Oregon apart from other lifestyle cities like Aspen or Jackson Hole is its livability and affordability. This Profile provides key business demographics to understand the dynamics of the region. If you need more specific information, call us or visit our website at www.edcoinfo.com.

For more information, contact: Roger Lee, Executive Director Economic Development for Central Oregon (EDCO) 705 SW Bonnett Way, Suite #1000 Bend, OR 97702 Phone: 541-388-3236 800-342-4135 www.edcoinfo.com

Quick Reference 2 3 4 6 7 9 10 10 11

Top Employers Wage Information Industry Mix Business Costs Employment Trends Housing Costs Real Estate, Financial Institutions Utilities Population

11 14 14 15 15 17 18 19 20

Education Telecommunications Health Care Media Transportation Travel Distances, Commuting Topography & Climate Top 10 Taxpayers Business Resources

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PRIVATE EMPLOYERS -government employers. According to the Oregon Employment Department, over 75% of Oregon firms have nine or fewer employees and the average firm employs 15 people. To an even greater extent than the state, Central Oregon's business environment is typified by innovative, small companies, producing niche-market products and services, from mobile application software to transportation floors, from medical instruments to recreational equipment, to some of the top craft beers in the U.S. Still, a number of large employers operate successfully here, tapping -expanding workforce, overall low cost of doing business and business-friendly local governments. Large employers include some distinct groups of employers, including: Manufacturing and high technology companies have a long history of success in the region, comprising more than 20% of the 50 largest employers. Building products (mostly from wood) continues to be an gest molding and millworks production plants operated by Bright Wood, JELD-WEN, Contact Industries and Woodgrain. High tech employers include search specialist (G5), precision titanium casting (PCC Schlosser), medical device reprocessor MEDISISS, and pharmaceutical-delivery technologies (Bend Research). Healthcare is led by St. Charles Medical Center, the largest private employer in the region. St. Charles owns three hospital complexes (in Bend, Redmond and Prineville) and has the hospital in Madras under it management. Additionally, Bend Memorial Clinic is the largest of nearly 100 private clinics and practices in the area. Overall, the health care sector employs over 10,000 Central Oregonians. Headquarter operations play a prominent role among top employers and include Keith Manufacturing (global sales); Les Schwab Tires, Bank of the Cascades, Deschutes Brewery, and Central Oregon Trucking (with sales focused on the West Coast); and BendBroadband. Administrative centers are also large private employers, illustrated by IBEX, a provider of teleservices; Pacific Source, an independent health plan provider; and Consumer Cellular, with a cell phone center. Employment in tourism and hospitality reflects the importance of this sector to the region. Central Oregon has the largest concentration of destination resorts in the Pacific Northwest and includes Sunriver Resort, Mt. Bachelor, Eagle Crest (Northview Hotel Group), Kah Nee Ta Resort, and Indian Head Casino in our Top 50 listing. Navis, a reservation sales technology company, also figures into to this key sector, as does The Riverhouse, convention center.

Employment

Organization St. Charles Medical Center (SCHS) Sunriver Resort Walmart Mt. Bachelor IBEX (formerly TRG Customer Solutions) Bright Wood Corporation Bend Memorial Clinic Safeway McDonald's Fred Meyer Opportunity Foundation Les Schwab Distribution Facility Northview Hotel Group Deschutes Brewery BendBroadband Costco JELD-WEN/Bend Window Division Central Oregon Trucking Bank of the Cascades Bend Research Ray's Food Place Athletic Club of Bend PCC Schlosser Bi-Mart Woodgrain Millwork Home Depot Mt. View Hospital Lowe's Pioneer Memorial Hospital Albertson's Mountain View Hospital Consumer Cellular Neighbor Impact The Center (Ortho/Neuro Care & Rsch) The Riverhouse The Bulletin Mosaic Medical JELD-WEN Millworks Mfg Contact Industries Navis Wells Fargo Bank Target Stores Keith Manufacturing Co. Indian Head Casino Pacific Source US Bank Hooker Creek Companies Les Schwab Retail Stores MEDISISS Kah Nee Ta Resort

2013 2,627 900 787 743 650 647 582 557 518 510 406 403 400 287 285 283 278 260 259 254 253 250 242 238 236 226 221 219 219 211 207 202 193 193 193 190 190 182 180 179 177 175 170 166 165 164 150 147 130 126

Source: EDCO, Marchway, and Les Schwab headquarters are not included.

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2012 2,842 900 519 749 442 494 575 575 NA 497 420 494 350 259 268 256 270 215 245 250 200 230 201 219 170 201 248 194 201 172 255 NA 172 193 200 210 NA 149 196 103 186 180 165 237 143 NA 150 127 111 250

E CONOMIC D EVELOPMENT FOR CENTRAL OREGON

705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135

AVERAGE WAGES FOR SELECT OCCUPATIONS Below are average hourly wages in Oregon, Washington, and California for a broad array of occupations. Wages in Washington are typically the highest on the West Coast while California wages routinely run at least 20% higher than those in Oregon. Central Oregon wages are usually below those of Oregon, often 10 to 20%.

Wage Comparison for Selection Occupations (annual average, $ per hour, ranked by highest paying in Central Oregon) Occupation Financial Manager Computer Systems Analyst General & Operations Manager Marketing Manager Industrial Production Manager Registered Nurse Urban/Regional Planner Software Developer, Applications Physical Therapist Dental Hygienist Electrical Engineer Database Administrator Architect, except Landscape & Naval Mechanical Engineer Network Systems Administrator Accountant/Auditor Landscape Architect Multimedia Artist & Animator Police/Sheriff Patrol Officer Lodging Manager Electrician Middle School Teacher, except Special Ed Clinical Psychologist Food Service Manager Industrial Machinery Mechanic Supervisor, Administrative & Office Workers Paralegal Computer User Support Specialist Chef & Head Cook Carpenter Medical Transcriptionist Supervisor, Retail Sales Workers Truck Driver, Heavy Graphic Designer Computer-Controlled Machine Tool Operator Secretary Customer Service Representative Receptionist

Central OR 51.67 45.89 42.37 40.36 39.16 37.16 36.84 36.64 36.20 35.79 34.57 34.46 34.00 33.05 32.90 30.12 30.10 29.27 28.30 27.01 26.03 24.92 24.59 23.43 23.24 22.66 21.94 21.37 20.22 19.35 19.31 19.29 18.59 17.81 17.70 15.04 13.51 12.73

OR 50.59 38.32 49.21 49.54 44.46 37.55 34.96 41.22 37.94 38.47 45.04 34.98 34.00 39.65 33.00 30.42 30.67 29.27 28.71 23.80 32.73 25.57 33.65 23.47 24.53 24.08 24.18 25.44 21.68 21.96 18.23 19.17 19.25 23.46 18.10 16.08 15.90 13.05

CA 65.36 43.39 62.67 69.41 50.37 44.25 39.76 50.86 42.31 44.32 50.25 40.46 44.75 45.41 40.30 36.43 38.10 40.77 38.28 27.07 30.28 NA 41.19 25.85 27.18 28.28 28.75 NA 23.55 27.38 20.56 21.17 20.48 27.83 18.47 18.31 18.89 14.23

WA 56.08 43.07 61.97 62.67 49.89 36.44 34.39 47.29 37.79 44.04 45.18 41.07 33.91 43.05 35.67 32.55 30.29 32.84 32.34 31.53 29.36 28.53 35.86 34.56 28.28 26.90 24.31 27.07 20.98 24.01 17.27 21.63 20.46 25.60 22.77 18.11 17.32 13.96

Sources: Oregon Employment Department and California Employment Development Department (full year 2012 data), and Washington State Employment Security Department (Q1 2012 data).

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FOR CENTRAL OREGON

COVERED EMPLOYMENT & PAYROLL, INDUSTRY MIX Covered employment refers to jobs that are eligible for unemployment insurance, so it is a good barometer of wage and sector trends. Note that while most employees are covered, notable exceptions include the self-employed, those who work solely on commission, and some agricultural workers. Wages include commissions, bonuses, vacation and holiday pay, but do not include benefits. Below are the number of business establishments (units), employment, payroll, and average pay in the three counties in the region. Average annual pay is the total of all covered wages paid during the year divided by the monthly average number of covered jobs during the year. 2012 Covered Employment

101,672,004

3,477

Average Pay

51,923 35,544

Employees

1,845,542,269

Tri-County Total Payroll

39,475

Average Pay

Employees

Average Pay

Payroll

Average Pay

Jefferson County Payroll

172,546,653 4,371

Deschutes County Employees

Industry Sector Total Private Coverage

Employees

Payroll

Crook County

29,241 2,119,760,926 59,771 35,465

Natural Resources & Mining

6,746,128

233

28,953

18,154,976

493 36,826

11,584,701

414

27,982

36,485,805

1,140 32,005

Construction

8,164,435

180

45,358

113,919,531

2,945 38,682

2,350,736

29,384

124,434,702

3,205 38,825

Manufacturing

22,254,456

674

33,018

158,477,282

3,843 41,238

31,858,065

829

38,430

212,589,803

5,346 39,766

Wholesale

38,081,563

614

62,022

74,785,371

1,451 51,541

8,663,598

223

38,850

121,530,532

2,288 53,116

Retail

11,220,212

498

22,531

247,622,278

9,292 26,649

11,306,926

482

23,458

270,149,416 10,272 26,300

Transportation, Whsg. & Utilities

19,950,611

443

45,035

54,414,362

1,091 49,876

6,849,148

122

56,141

81,214,121

1,656 49,042

Information

15,883,146

52 305,445

68,292,567

1,364 50,068

869,186

27,162

85,044,899

1,448 58,733

Financial Activities

3,749,190

119

31,506

141,660,779

3,061 46,279

3,489,233

109

32,011

148,899,202

3,289 45,272

Professional & Business Svcs.

9,970,091

292

34,144

257,623,969

6,504 39,610

3,832,426

146

26,249

271,426,486

6,942 39,099

Private Education & Health Svcs.

22,634,067

519

43,611

472,725,018

9,868 47,905

10,519,326

372

28,278

505,878,411 10,759 47,019

Leisure & Hospitality

9,169,235

543

16,886

171,650,468

9,619 17,845

6,896,448

487

14,161

187,716,151 10,649 17,628

Other Services

4,673,804

204

22,911

64,367,153

2,361 27,263

3,417,288

181

18,880

52,682,864 1,215

43,360

371,441,947

8,319 44,650

107,258,295

2,690

39,873

225,229,517 5,586

40,320

2,216,984,216

60,243 36,801

208,930,299

6,167

33,879 2,651,144,032 71,996 36,823

Government Total All Ownerships

Source: Oregon Employment Department

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72,458,245

2,746 26,387

531,383,106 12,224 43,470

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FOR CENTRAL OREGON

COSTS OF DOING BUSINESS

State Cost Factors

Oregon has a well-deserved, long established national status for being a cost competitive location for business. A major contributing factor to the Oregon advantage is the fact that Oregon has no sales tax, no inventory tax, a single sales factor that benefits large employers with multiple operations, and an affordable property tax system. Average industrial, commercial, and residential power costs are nearly half those in California and on average 25% below national averages. With steady in-migration, labor costs are also among the most affordable on the West Coast. Shown below, w emain highly favorable compared to other states. After declining more than 60% sin increasing 1.9% in 2012, a change driven by the economy. Additional 2012 changes include a

Sales tax: None in Oregon. Inventory tax: None in Oregon. Corporate income tax is 6.6% on taxable income of $10 million or less; for incomes greater than $10 million, the rate is 7.6 % plus $660,000. S corporations are subject to a $150 minimum tax, while C corporations are subject to a range of $150 to $100,000 based on Oregon sales. : The pure premium rate is $1.52/$100 of payroll, a 1.7% increase from 2012. Oregon has the 13th lowest rate in the nation, 16% below the national median. Unemployment insurance: The minimum taxable rate is 2.2% and the max experience. New employers pay 3.3% and the 2013 taxable wage base is $34,100. Vehicle registration: $86 for two-year renewal. Source: EDCO Business Research, May 2013

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compensation premium assessment, from 6.4% in 2011 to 6.2%, and no change to the ssment, which remains at 2.8 cents per hour. Shown below are business costs for the Tri-County region. Land costs in the region have decreased as much as 50% in the past few years. Costs do vary by community, with Crook and Jefferson Counties having lower lease and construction rates. In Deschutes County, Redmond offers lower land and lease costs than neighboring Bend, reflecting land availability and degree of amenities. Business Costs Across the Region (all costs expressed as costs per square foot) Category

Bend

Industrial land costs Lease rates Industrial Commercial Retail Construction

Deschutes County Redmond Sisters 1

$2.55-$8.00

$0.30-$0.50 $0.50-$1.50 $0.40-$1.50 $50-$75

$0.45-$0.55 $0.85-$1.50 $0.85-$1.50 $35-$75

$3.50-$6.00 $1.75-$5.00 $0.35-$0.75 $0.75-$1.75 $0.50-$2.50 $50-$75

Crook County 2

Jefferson County

$0.60-$5.00 $0.75-$2.00 $0.20-$0.30 $0.20-$0.30 $0.20-$0.30 $40-$70

$0.07 $0.07 $0.07 $40-$60

Source: EDCO Business Research, May 2013. 1 Within Redmond city limits; 2012 data

OREGON: A VIBRANT CENTER FOR BUSINESS Recent Oregon business rankings are shown at right, including such wellregarded organizations as the Brookings Institute, the Kauffman Foundation, and Ernst & Young. In 2012, the most currently available data, the Bureau of Economic Analysis gross domestic (BEA) measured product (GDP) at $198.2 billion. The five sectors that contribute the most to the state and rental and leasing, health care and social assistance, wholesale trade and retail trade.

One of the Best in the Nation Oregon is #1 Location for Manufacturing, American Institute for Economic Rsch, 2013 #2 Lowest Taxes on New Investment, Ernst & Young C.O.S.T. Study, 2011 Oregon has #5 Lowest Effective Business Tax Rate, Ernst & Young C.O.S.T. Study, 2011 (5 years running in the Top 5) Top 10 Lowest Cost of Doing Business, CNBC, 2011 Oregon Ranked Top Five for Quality of Life, Business Facilities, 2011 #14 Best State for Business, Forbes, 2013 #7 Most Inventive State (patents), CNN, 2011 Oregon Ranked #2 Greenest Economy, Brookings Institute, 2011 Source: Oregon Business

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Within the BEA-defined region of the six western-most states, Oregon's GDP has grown over the past five years at a faster average rate than any other state. The same also holds true over the last 10 years. On a more immediate level, from 2011 to 2012, Oregon's GDP was the third fastest growing in the nation (3.95% growth), owing much to its strength in exports which experienced a 21.5% increase over the last year. At $18.4 billion, for over 9% of its GDP. GDP for the Bend MSA (Deschutes County), the only county in the region for which statistics exist, was $6.025 billion in 2011, tracking at 3.0

EMPLOYMENT GAINS IN THE PAST DECADE From 2002 until 2012, jobs in the nation have grown at an overall rate of 0.9%. Most of Oregon metro areas surpassed the national job creation average, with the Bend Metropolitan Statistical Area (MSA), which consists of Deschutes County, leading the list with a 13.5% increase.

Employment Gains 2002-2012 (Annual average nonfarm employment, not adjusted for seasonality) Area 2002 2012 Gain/Loss Bend MSA (Deschutes County) 53,057 60,243 7,186 Jefferson County 5,582 6,167 585 Portland MSA 822,343 870,784 48,441 Oregon 1,573,083 1,641,494 68,411 Salem MSA 143,465 148,407 4,942 Medford MSA 74,688 76,030 1,342 U.S. Average 128,233,919 129,411,095 1,177,176 Corvallis MSA 34,116 34,284 168 Eugene-Springfield MSA 137,969 136,659 -1,310 Crook County 6,005 5,586 -419

% Change 13.5% 10.5% 5.9% 4.3% 3.4% 1.8% 0.9% 0.5% -0.9% -7.0%

Jefferson County, in contrast to past years, is experiencing a significant uptrend in jobs created. With a 7.0% contracSource: Oregon Employment Department tion, Crook County has experienced a significant loss in its job base. This decrease is partially strong dependence on manufacturing of building products, which has been heavily impacted by the 2007-09 recession and persistently low housing starts. The impact in Crook County has been partially mitigated by gains in agriculture. Of the Tri-County area, Deschutes County has been the growth driver. Not only has Deschutes County led employment growth in Oregon on a percent basis, but it also tops all other metro areas in the state in terms of sheer number of jobs created.

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FOR CENTRAL OREGON

UNEMPLOYMENT TREND H ment rate tracks higher than the national continued in-migration, job creation typically lags population growth. In the most recent recession, unemployment peaked in 2009 and now is on a noticeable downward trend. The chart to the right provides a three-year perspective on unemployment in the Tri-County area. Since early 2010, unemployment rates have been reduced significantly, lending credibility to structural changes resulting from employment gains. Unemployment rates in the first four months of 2013, while not reflected in the chart, declined even further, reducits lowest level since October 2008.

HOUSING COSTS Home Prices As with much of the rest of the country, residential property prices peaked to all-time highs in 2007 and declined in value by as much 40% in the following years. The benefit of the downturn is that Central Oregon became far more affordable for incoming businesses and residents.

Home Prices of Existing Single Family Homes (residential, less than one acre, $)

Median Sales Price 2005 Crook County 149,375 Bend 279,900 Redmond 198,818 La Pine 148,450 Sisters 394,250 Sunriver 462,500 Jefferson County 133,500 U.S. 219,000 Average Sales Price Crook County 154,906 Bend 334,570 Redmond 226,238 La Pine 163,971 Sisters 449,979 Sunriver 501,764 Jefferson County 131,493 U.S. 267,400

2006 195,500 351,978 262,749 183,500 460,000 575,000 165,080 221,900

2007 199,450 345,000 250,000 215,000 415,000 548,547 177,950 217,900

2008 177,500 289,450 216,000 160,000 367,450 555,738 139,950 196,600

2009 112,000 212,000 147,500 109,000 286,250 402,000 89,900 172,100

2010 91,100 191,750 123,450 99,900 223,750 417,500 69,950 173,200

2011 79,900 190,000 116,000 88,200 201,000 375,000 69,900 166,200

2012 87,000 220,395 132,000 94,950 245,000 350,000 71,550 180,200

212,173 224,151 206,874 145,040 120,537 Prices are now rebounding 406,122 426,044 353,142 266,319 245,069 substantially, recovering 292,268 286,543 245,204 170,739 142,402 some lost ground. Both me202,331 237,665 180,153 126,606 110,632 dian and average home prices increased in 2012 by 514,259 526,626 437,636 372,483 295,488 about $30,000 and by 627,345 637,734 628,979 458,614 455,550 roughly the same amount in 170,228 187,367 144,146 145,040 78,376 the first quarter of 2013. 268,200 266,000 242,700 216,900 220,000 Also a sign of healthy recov- Sources: Central Oregon Association of Realtors (COAR), National Association of Realtors ery, the average number of days on the market has decreased and the number of short sales and bank owned sales are declining.

94,540 238,186 137,214 107,238 248,019 398,948 77,010 214,300

113,911 263,556 148,086 100,906 294,247 381,530 74,939 225,500

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FOR CENTRAL OREGON

Average Monthly Rent The Central Oregon rental market began tightening in 2010 and continues to face heightened demand in the midst of constrained supply. According to the Central Oregon Rental Owners Association, current vacancy rates have shrunk to very low single digits (one percent in some cases as of April 2013), down from 12.4% in 2009.

Average Monthly Rent for a 3 Bedroom House ($) Area Bend Redmond La Pine Sunriver Sisters Crook County Jefferson County

2006 965 919 NA NA NA 748 672

2007 1,005 885 NA NA NA 846 842

2008 969 863 NA NA NA 809 849

2009 969 863 NA NA NA 809 849

2010 1,012 911 861 896 850 847 817

2011 1,231 975 889 1,086 922 835 800

2012 1,110 952 838 1,066 875 955 765

Source: Central Oregon Rental Owners Association (COROA); April 2013 During the recession, over 1,500 homes came back on the market as rental units. That supply has now slowed significantly and the available rental inventory has shrunk, property manager says. An uptick in-migration to Bend further intensifies the demand for rental housing and exerts incremental pressure on prices.

For the first time since 2008, there is interest in building multifamily residential housing in Bend and Redmond. More than a half-dozen multifamily housing units are in the planning stages in 2013; one for over 100 units has been approved and others are likely to be approved in 2013. The best projection, though, points to about 200 additional rental units coming online by the end of 2013 and into 2014. The transition of OSU-Cascades to a full four year university in 2015 is expected to generate further interest in construction of multifamily units. For renters, property managers characterize the current environment as tight, as renters stay put and are expected to absorb rental increases in 2013.

REAL ESTATE DEVELOPMENT TRENDS Building activity is steadily increasing throughout Central Oregon. Current demand for residential real estate is outpacing the available supply of properties. As a result, the number of building permits issued is increasing rapidly and home prices are climbing. In their quarterly

POINTS newsletter, Compass Commercial Real Estate obser

e2.8 million SF of office space has picked up, albeit gradually, with the current vacancy rate at 19.3%. Brian Fratzke of Fratzke Commercial Real Estate noted that building space in Bend, often driven by high-demand areas such as the Old Mill District and Downtown Bend, have very low vacancy rates which are currently about 7.7% for retail space. Activity in the industrial market (approximately 5.5 million SF in Bend and Redmond) has been strong with a positive absorp 8.2% vacancy rate is esents three consecutive quarters of positive absorption.

FINANCIAL INSTITUTIONS Central Oregon is home to 22 financial institutions which collectively have 84 branches in the region. The total FDIC-insured deposit base as of June 30, 2013 (the most current data available) was $2.69 billion.

Banks, Savings Associations, and Credit Unions in Central Oregon (as of March 2012) American West Bank Bank of America Bank of the Cascades Bank of the West Columbia State Bank CRAFT3 High Desert Bank Home Federal Bank JPMorgan Chase Bank Mid Oregon Credit Union Northwest Community Credit Union

Northwest Farm Credit Services OnPoint Community Credit Union Oregonians Credit Union PremierWest Bank SELCO Community Credit Union Sterling Savings Bank U.S. National Bank of Oregon Umpqua Bank Washington Federal Savings & Loan Wells Fargo Bank West Coast Bank

Source: FDIC

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FOR CENTRAL OREGON

In April 2012, Washington Federal announced that it would acquire South Valley Bank & Trust in its entirety, converting the three branches in Central Oregon to the new financial institution. Investment Firms Reflecting higher than average deposit wealth, Central Oregon also supports a significant number of financial planning and investment firms. Many of these firms also provide wealth management for clients nationwide.

UTILITIES SERVING CENTRAL OREGON

Growth in Financial Deposits (in millions) County Crook County Deschutes County Jefferson County Tri-County Total

2001 $123 $1,164 $92 $1,379

2006 $261 $2,294 $123 $2,678

2012 % Growth 2001-12 $206 67.5% $2,351 102.0% $139 51.1% $2,696 95.5%

Source: FDIC Summary of Deposits as of 6/30 for each year.

Electric Companies

Average 2012 Electricity Rates

Central Oregon providers are: Pacific Power (PPL), 888-221-7070 Central Electric Cooperative (CEC), 541-548-2144 Midstate Electric Cooperative, 541-536-2126

Service Class Industrial Commercial

(in cents, per kwh) U.S. CA OR 6.70 10.73 5.61 10.12 13.60 8.34

CEC 5.52 5.63

PPL 5.47 7.11

Sources: EDCO, U.S. Dept. of Energy Administration Table 5.6.B

average. For industrial customers, Central Oregon providers offer rates up to nearly 20% below the U.S. average and over 50% below those in neighboring California. Natural Gas Natural gas is widely available throughout Central Oregon Natural Gas Rates User Base Charge Cost Per Therm and is supplied by Cascade Natural Gas Corporation (888Commercial $3.00 $1.00 522-1130) serving more than 44,000 industrial, commercial Industrial $12.00 $0.93 and residential customers. Potential users for the Large VolLarge Volume General* Included $0.90 ume General Service rate should contact EDCO for addition*Requires specific contract and usage conditions; 1 therm = 1,000 BTUs al information about their potential usage conditions. Transmission to the region is provided by 36 and 42 inch high capacity lines that run from Canada to southern California. Water System & Rates Cities in the region have invested in the latest technology for the least environmental impact and greatest savings to residents and businesses. Rates vary between communities in the region. Commercial and industrial rates are typically based on meter size; please contact EDCO for specifics.

POPULATION GROWTH The Tri-County area has experienced a period of moderate growth. Deschutes County, the most populous of the three counties, has grown drastically and is the primary driver of population growth in the Tri-County area.

Population in Central Oregon Area

1990

Oregon Crook County Deschutes County Bend Redmond Jefferson County Tri-County Total

2000

2010

2012

2,842,321 3,421,399 3,837,300 3,883,735 14,111 19,184 21,020 20,650 74,958 115,367 157,905 160,140 20,469 52,029 76,639 77,455 7,163 13,481 26,215 26,345 13,676 19,009 21,750 21,940 102,745 153,560 200,675 202,730

% Growth 2000-12 13.5% 7.6% 38.8% 48.9% 95.4% 15.4% 32.0%

Deschutes County grew dramatically between Sources: U.S. Census Bureau, Population Research Center. 1990 and 2000 Census numbers the 1990 and 2000 Census and even more so are for April 1 of that year, all others are for July 1. 2010 Census estimates were revised. between 2000 and 2010. Bend more than doubled in size between 1990 and 2000 and grew by 47% between 2000 and 2010. While growth flattened between 2010 and 2012, current signs point to a pickup of in-migration and business activity in Bend. Since 2010, Crook County has grown

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705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135

ulation has grown by 25.6%. At 15.4% growth since 2000, Jefferson County has grown at a small but steady rate. In its first revision to

Population Projections 2015 - 2050 Area 2000 2010 2012 2015 2020 2030 2040 2050 Oregon 3,431,100 3,837,300 3,883,735 4,001,600 4,252,100 4,768,000 5,203,000 5,588,500 Tri-County Total 154,577 200,675 202,730 210,640 228,442 265,104 296,753 323,049 Crook 19,226 21,020 20,650 21,124 21,933 23,821 26,117 28,496 Deschutes 116,278 157,905 160,140 166,892 182,455 214,288 241,223 262,958 Jefferson 19,073 21,750 21,940 22,625 24,054 26,995 29,413 31,595

forecast since 2004, the Office of Economic Analysis released in March 2013 new projections out to 2050. In the near term, Sources: U.S. Census Bureau (2000, 2010); Portland State University (2012); Oregon Office of Economic Analysis (2015 Deschutes County is expected to add about 3,000 residents each year in the 2015-20 timeframe. The Office projects a 15.5% increase in

40.

EDUCATION Public Schools Central Oregon schools in the Deschutes County, Crook County, and Jefferson County School Districts serve an area of greater than 7,800 square miles; Central Oregon school districts include urban centers such as Bend and Redmond along with a wide array of smaller towns and rural areas. Over 32,000 students attend 62 schools. Tri-County districts operate 29 elementary schools, 13 middle schools, and 11 high schools as well as a diverse array of charter and community schools. meet Highly Qualified standards and over 65% hold a Degree or higher. In the 2012-13 State School Report Card, 20 of schools in the Tri-County

School District Crook County Crook SD Deschutes County Bend-La Pine SD Redmond SD Sisters SD Jefferson County Jefferson SD 509J Culver SD Tri-County Total

Students

Schools

Website

3,506

crookcounty.k12.or.us

16,905 7,055 1,688

28 13 3

bend.k12.or.us

2,857 656 32,667

7 3 65

Jcsd.k12.or.us

redmond.k12.or.us

sisters.k12.or.us

culver.k12.or.us

Source: Oregon Department of Education; local school districts

ntinue their education in college following graduation. The largest school district is Bend-La Pine, and with an attendance area spanning more than 1,600 square miles it is the seventh largest in the state. Nearly 17,000 students are enrolled in the District Bend-La Pine employs a total of 1,675 employees; of the teaching staff, 72% have a masters degree or higher lThe District is also proud to have a number of its staff recognized at the state and national level. Earlier this year, the Oregon Association of School Executives named Bend-La Pine Superintendent Ron Wilkinson as the 2012 Oregon Superintendent of the Year. Recent staff awards include: ncipal of the Year, Year, Orernalism Teacher of the Year, inary Teacher of the Year, and Presidential Award winners for Excellence in Math and Science Teaching.

2012 SAT Scores Bend-La Pine Washington Oregon California U.S. Average Nevada

1589 1545 1542 1502 1498 1450

Sources: College Board & Bend-La Pine School District

Within five years of graduation, more than 80% of Bend-La Pine students will pursue post-secondary education or training. Since 2000, students in the Bend-La Pine District have continually scored higher on SAT tests than their peers, 95 points higher than their peers nationwide.

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Private Schools Private schools in Central Oregon have developed a reputation for high academic achievement and a focus on giving personalized attention to each individual student. There are 29 private schools in Central Oregon; twelve of these are faithbased and represent a variety of Catholic and Protestant denominations. In addition, two institutions J Bar J and New Leaf Academy offer therapeutic education services to at-risk youth in need of support. While a diverse range of educational methods and services are present in private schools throughout Central Oregon, several institutions stand out for reputation and large student population. Among these select private schools are Trinity Lutheran School and Cascades Academy in Bend as well as Central Christian School in Redmond. Demand for Higher Education The populace of Central Oregon has a strong interest in pursuing higher education and improving their vocational skills. The chart to the right shows enrollment for Central Ore-secondary education institutions over the past six years. The last six years of e education, have been driven by several forces base, the national economic recession, and job training and re-training. Additionally, OSU Cascades Campus is gaining in reputation, attracting more students, and expanding its program offerings. EDCO works in partnership with Central OreSources: OSU-Cascades & Central Oregon Community College. Fall term enrollment. gon Community College (COCC) and OSUCascades to ensure that program offerings align with business needs. Both institutions have top leaders that serve as Directors Central Oregon Community College (COCC) Central Oregon Community College (COCC) operates campuses in Bend, Redmond, Madras and Prineville. Founded in 1949, COCC (www.cocc.edu, 541-383-7700 ision programs, mirroring the first two years of a university education at a fraction of the cost, plus career and technical education programs to move students into local industry jobs. small businesses. EDCO works closely with the SBDC to provide programs, counseling and market research assistance for entrepreneurs at the earliest stages of development. -specific courses and workshops tailored to ide range of continuing education for person and professional development. Enrollment at COCC has increased dramatically, doubling in the last few years as increasing numbers of area residents turned to the College for education and training during the recent economic downturn. A record number of students have been earning certificates and degrees then transferring to four-year colleges and universities or moving into jobs locally using skills learned in the career and technical education programs.

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The Central Oregon Community College District encompasses all of Crook, Deschutes and Jefferson counties, as well as the southern part of Wasco and northern portions of Klamath and Lake counties. A seven-member board of directors governs the College, with members of that board elected from geographic zones in the District. The District covers a 10,000-square-mile area, making it larger than eight of the U.S. states. The 200-acre Bend campus includes 26 buildings with a total of 575,000 square feet under roof. The newest buildings are the Jungers Culinary Center, funded primarily by private donations and opened in 2011, and the Health Careers Center and Science Center, funded by a voter-approved bond measure, both opening in fall 2012. Just twenty minutes away nter, a 26,000-square-foot technical training facility with certificate and degree programs readying students for jobs in the manufacturing field. Scheduled to open in -square-foot facility, planned and developed with industry participation, will be constructed right on the corner of Veterans Way and Salmon Drive and will house the Center for Entrepreneurial Excellence and Development (CEED) and courses and programs in Non-Destructive Testing and Inspection, Digital Arts and Media and Flexible Technology. For more information, visit www.cocc.edu/redmond or 541-504-2900. Oregon State University Cascades Campus Founded in 2001, OSU-Cascades currently offers only upper-level and graduate courses in a unique partnership with Central Oregon Community College in which students typically took lower-division courses at COCC. The two institutions share a beautiful, 200-acre campus on the northwest side of Bend. Students who take advantage of this partnership pay about 25 percent less in tuition and fees than they would at a traditional university. Offering small class sizes, OSUCascades students may choose from 13 majors and more than 25 degree options (including Business Administration, Energy Engineering Management, Tourism and Outdoor Leadership, Hospitality Management and, in Fall 2013, a Computer Science degree). As part of its Hospitality Management program, OSUation, offering executive education courses to hospitality leaders on the West Coast. Considered the world leader among hotel schools for its undergraduate, graduate and research programs, Cornell has built an international reputation among professional hoteliers and restaurateurs for its executive education program. An initiative to transform OSU-Cascades into a four year university has gained strong community support as well as the endorsement of Governor Kitzhaber and the Oregon University System, resulting in the campus expansion being placed near the top of a list of more than 30 higher-education projects. The four-year university would be funded by $4 million from the community, $16 million from the state and $4 million in campus funds; as of the publication date of this Profile, prospects for approval by the Oregon Legislature in 2013 look very promising. If approved, plans call for enrollment to double from 1,000 to 2,000 by the year 2015. Additional Colleges and Universities Additional accredited academic institutions have a presence in Central Oregon, typically combining evening and occasional weekend classes in conjunction with distance learning. Concordia University, offers an MBA locally (1-866-288-3931) Eastern Oregon University Division of Distance Education (541-385-1137) George Fox University (1-800-631-0921) Linfield College - Central Oregon Center (541-388-2986) Oregon Institute of Technology

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TELECOMMUNICATION

Telecom Resources in Central Oregon Carriers & Providers

BendBroadband, BendTel, CenturyLink, Quantum Communications, Bendnet Community Broadband, Webformix, Yellowknife Wireless BendBroadband, Chambers Cable, Crestview Cable, DirecTV

telecommunications infrastructure is one of the Wireless Internet Northwe ting business and telecommuting requirements for capacCable ity, redundancy and reliability. High-end data services, Resellers & Integrators Integra Telecom (Internet & voice) typically offered only in large metro areas, include Telephone Interconnect ACT Cascades, CascadeTel Ethernet access rates up to 10 GB. Several local providers focus purely on the commercial marketplace. Cellular AT&T, Sprint, T-Mobile, US Cellular, Verizon Services are delivered to residential and commercial customers across a number of access options including land line (copper), high speed fiber optics, and wireless (WiFi, WiMax and secure microwave). Many providers offer DSL, ISDN, Frame Relay, ATM, and Metro Ethernet services, along with the traditional high capacity TDM services (T1, T3, OCx). All Local Exchange Carrier central offices use digital electronic switches and the entire system is on a redundant, self-healing fiber optic network.

innovation has made Central Oregon a telecommunications oasis, on par with far larger metro areas. In 2010 BendBroadband won a federal broadband infrastructure grant for $4.4M to deploy fiber infrastructure to Madras, La Pine, Sunriver, storically underserved areas. The new 132-mile fiber network is comprised of closed or open rings to points of presence in the four cities, OTN network in the middle mile, and a combination of Optical Metro Ethernet and GePON in the last mile. The result will be a comprehensive, regional 40 Gbps fiber ring.

SERVICES Health Services els. Bend, along with the rest of Central Oregon, has a high concentration of world-class physicians and specialists, attracted to the area for its high quality-ofesearch and care in cardiology and orthopedics lead the nation. St. Charles Health System owns and operates medical centers in Redmond, Madras and Bend (Oregon's only Level II Trauma Center east of the Cascades) and leases and operates Pioneer Memorial Hospital in Prineville. St. Charles Medical Center is a fully accredited, 261-bed hospital with 2,158 medical staff and employees. Services include 24-hour emergency care, intensive/cardiac care, physical, respiratory and nutritional therapy, radiology, surgery and an on-campus rehabilitation center. In addition, St. Charles Medical Center offers quality care services including cancer care, cardiology, neurology, orthopedics, stroke care, and weight loss surgery. High-tech leading-edge services are also present Bend is fortunate to be the medical hub of Central Oregon. St. Charles Medical Center is a high-quality institution that serves the area through its high-tech and readily available medical services. Over the years, St. Charles Health System has been recognized as the primary provider of quality health care for patients in Central and Eastern Oregon. In 2012, Thomson Reuters recognized St. Charles as one of the best health systems in the nation for quality and efficiency for the fourth year running. Clinics specializing in anticoagulation care, behavioral health, pulmonary care, wound care, and many other services support the services offered by St. Char these clinics, The Center serves patients and families through a wide variety of neurosurgical and orthopedic services.

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MEDIA Print: The Bulletin is the dominant daily newspaper while local papers cover Madras, Redmond, Prineville, Sisters, and La Pine. Cascade Business News, a bi-weekly business publication, The Source, an alternative weekly newspaper, round out the print news options. Radio: Three privately-held companies (Horizon Broadcasting Group, Bend Radio Group, and Combined Communications) collectively own 15 radio stations plus there are two independent operators. Spanish language station, Radio La Bronca, addresses the region Latino population. Television: KTVZ TV 21 is the NBC affiliate, KOHD TV 53 is the Bend bureau for Eugene-based ABC affiliate KEZI, KFXO TV 39 is the Fox affiliate, KPNZ is the CBS affiliate, and KOAB TV 3 is the PBS station. BendBroadband airs local origination programming through COTV 11, its community cable channel, which provides in-depth local news, sports and information. Other: Central Oregon is home to numerous blogs and other news options. Cascade Publications, parent of Cascade Business News, also publishes Cascade Arts & Entertainment and Cascade Discover.

TRANSPORTATION Commercial Airport Redmond Municipal Airport (RDM; www.flyrdm.com) provides commercial air service to all of Central Oregon with 14 departures each day to Denver, Los Angeles, Portland, Salt Lake City, San Francisco, and Seattle. Several years ago RDM completed a three-year $40 million expansion project, increasing the size of the terminal six-fold. In mid-June 2013, daily nonstop service between RDM and LAX will start with American Airlines, bringing the number of carriers at the airport to four (Alaska, American, United, and Delta). The Airport is home to the USDA Forest Service Redmond Air Center, Cascade Aviation Management, Life Flight, Butler Aviation, Les Schwab, Bonneville Power, RDD Enterprises, Lancair and Henderson Aviation. RDM also provides air cargo services and hosts general aviation traffic, including extensive corporate and business travel. Fed Ex, United Parcel Service and the USPS provide air freight and package express services to Prineville.

Flying Time to Markets Served by RDM Flight to: Denver, CO Los Angeles, CA Portland, OR Salt Lake City, UT San Francisco, CA Seattle, WA

Flying Time 2 hours 2 hours 0 hours 1 hour 2 hours 1 hour

Source: Redmond Municipal Airport

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24 min 0 min 40 min 30 min 8 min 10 min

E CONOMIC D EVELOPMENT FOR CENTRAL OREGON

705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135

General Aviation Airports The Bend Municipal Airport is located just outside the Bend city limits in Deschutes County and is owned and managed by the City of Bend. The 415 acre airport has a single 5,200-foot runway with parallel full length taxiways on the east and west sides. A total of 67 separate structures reside at the airport, 15 city-owned and 52 privately owned. There are currently 14 businesses located at the airport. Aircraft manufacturing, aircraft parts manufacturing, and helicopter flight training comprise the greatest commercial activity at the airport. The Prineville/Crook County Airport is located three miles SW of the city. Prineville has two well-maintained, lighted, intersecting asphalt runways that are able to accommodate small aircraft and corporate jets. The primary runway is 5,751 feet in length and 75 wide and is equipped with GPS instrument approaches. The crosswind runway is 4,054 feet long and 40 feet wide. An automated weather observation system is being installed in the fall of 2013. In February 2013, Hillsboro Aviation began using the Prineville / Crook County airport as a flight training center for international students. Hillsboro picked Prineville because of the favorable weather conditions and services the airport and community provide. These primary flight students use the airport to gain experience flying fixed wing aircraft and helicopters. The Madras Municipal Airport and industrial site is a fast-growing Category 4 airport for general aviation and business use. The airport is now owned by the City of Madras and is surrounded by a 125-acre industrial park. One of the two ation aircraft up to Chas 2,100 acres for aeronautical and industrial use. A new 39,000 SF hangar facility is leased to Aero Air, LLC as their base for maintenance and operation of fire-fighting aircraft. Aero Air is currently expanding their operations with an additional 65,000 SF hangar and other aircraft related businesses. A $2.2 million Connect Oregon III project has been constructed with additional navigation aids and runway/taxiway lighting, an automated weather observation system and new taxiway and ramp improvements. The Sunriver Resort Airport is a general aviation airport located 17 miles south of Bend in the heart of the critically acclaimed Resort. With a recently upgraded and refinished 5,500 foot long paved and lighted airstrip, the Resort airport is the third busiest in the state and is one of the longest private airstrips in the West. A wide variety of amenities are immediately accessible through the Resort. The airport serves a wide range of aircraft from small private planes to corporate jets. Also prominent among these high-end services is luxury auto rental provided by the Carrera Collection as well as full services to pilots and flight crews. Additional Transportation Services For air freight, Central Oregon is served by Federal Express, United Parcel Service, and US Postal Service Express mail. To move motor freight, U.S. Highways 97 and 20, both of which run through Central Oregon, are two of the state's major trucking routes. trucking companies that operate in Central Oregon use Hwy 97 to access Interstate 5 (north-south) and Interstate 84 (east-west). In terms of rail service, Burlington Northern-Santa Fe, Union Pacific, and the City of Prineville Railway provide direct rail connections for shipping to any market in the United States, Canada and Mexico. Amtrak provides passenger rail service to Central Oregon via the Chemult station, about 60 miles south of Bend on Hwy 97. For transit within Central Oregon, Cascades East Transit (CET) operates the regional bus system, providing service within the City of Bend, and between Bend and the following cities: La Pine, Prineville, Madras, Culver, Metolius, Warm Springs Redmond, and Sisters. CET is managed by Central Oregon Intergovernmental Council (COIC). For more information, visit www.cascadeseasttransit.com, call locally: 541-385-8680 or call toll free 1-866-385-8680. Among the most relevant intra-city bus options, Central Oregon Breeze, a division of CAC Transportation, provides service 362 days a year between Bend, Redmond, Madras, Gresham, and Portland. The Breeze connects Central Oregon res-

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idents with Amtrak, the MET, and Portland International Airport. TAC Transportation operates two lines important to Central Oregonians making connections: Eastern POINT provides service along Hwy 20 from Bend to Burns and Ontario; similarly, the High Desert POINT provides daily Amtrak thruway service from the Chemult Amtrak station to Sunriver, La Pine, Bend, and Redmond.

TRAVEL DISTANCES FROM BEND

Distance from Bend Oregon

With U.S. Highway 97 running north to south through Bend, and U.S. Highway 20 running east to west through Bend, travel to other areas in Oregon is relatively straightforward. Using either the northern Highway 26 or the more southern Highway 20 route, Portland is a three hour drive from Bend while Medford runs about four hours away. Outside Oregon, Seattle can be reached in less than six hours and parts of the Bay Area can be accessed in eight or nine hours. Los Angeles, at nearly 14 hours, tests the

City Portland Medford Olympia Seattle Boise San Francisco Los Angeles

State OR OR WA WA ID CA CA

Miles 145 189 251 311 323 507 838

Drive Time 3 hrs, 3 min 4 hrs, 6 min 4 hrs, 44 min 5 hrs, 42 min 6 hrs, 33 min 9 hrs, 0 min 13 hrs, 48 min

Source: Mapquest

COMMUTE TIME Averaging just over 20 minutes, drive times for Central Oregon are very manageable. For the majority of people living and working in the same urban center, most commute times are often less than 15 minutes. However, because the workforce throughout the Tri-County area is truly regional, it is not unusual for people to between Redmond and Bend or between Sisters and Bend. Even with the TriCounty average of just over 20 minutes, commute times in Central Oregon are substantially below the average commute times in Portland, Seattle, and many other urban centers.

Source: U.S. Census Bureau

TOPOGRAPHY & CLIMATE

City

Every community in Central Oregon has its own variations of temperature and precipitation, relative to its elevation and proximity to the mountains. The region is known for sun, averaging just two weeks fewer sunny days than San Diego, CA. Interestingly, the region hes of precipitation and is only 60 miles from a region in the Cascades that receives over 120 inches. The geographical climate for Central Oregon is predominately High Desert. Summer temperatures range from an average high of 85° to a low of 44° Fahrenheit while winter temperatures

La Pine Sunriver Bend Sisters Redmond Prineville Madras Warm Springs

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Elevation

1,575

E CONOMIC D EVELOPMENT

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FOR CENTRAL OREGON

range from average highs in the 40s to lows in the 20s. Annual precipitation ranges from 8.5 to 20 inches, falling mostly in the form of snow during winter months. Although specific climatic conditions vary somewhat with the area due to elevation and proximity to the Cascades, Bend, in the heart of Central Oregon exemplifies the spectacular weather of the area. Bend, Oregon Weather Profile Average High (°F) Average Low (°F) Mean (°F) Average Precipitation (inches)

Jan 41° 21° 32° 1.8

Feb 46° 24° 36° 1.0

Mar 51° 26° 38° 0.9

Apr 57° 28° 44° 0.6

May 65° 34° 50° 0.8

Jun 74° 41° 57° 0.9

Jul 81° 45° 64° 0.5

Aug 80° 44° 64° 0.6

Sep 74° 37° 55° 0.5

Oct 64° 31° 47° 0.7

Nov 48° 27° 38° 1.6

Dec 41° 22° 32° 2.0

Source: CountryStudies.us

TOP 10 TAXPAYERS Top 10 Taxpayers in 2012-13 Deschutes County

Crook County

Jefferson County

PacifiCorp (PPL)

Property & Revenue Tax Manager

Portland General Electric

Gas Transmission Northwest Corp.

Brasada Ranch Development LLC

Gas Transmission Northwest Corp.

Cascade Natural Gas Corp.

Les Schwab Warehouse Center Inc.

PacifiCorp (PPL)

Bend Cable Communication LLC (BendBroadband)

Clear Pine Moulding Inc.

Bright Wood Corporation

Deschutes Brewery INC

Les Schwab Tire center #11

Warm Springs Power Enterprises

Touchmark at Mount Bachelor Village LLC

CVSC LLC (Cascade Village Square Center)

Ochoco Lumber Co.

Safeway, Inc.

CenturyLink

Burlington Northern Santa Fe Railroad

Suterra LLC

WG Prineville LLC

CenturyLink

Sunriver Resort Limited Partnership

Gas Transmission NW Corp.

Union Pacific Railroad

Keith Investments/Manufacturing

Sources: Local County Assessors

CHAMBERS OF COMMERCE & OTHER BUSINESS RESOURCES Chambers of Commerce Bend Chamber 541-382-3221 www.bendchamber.org

Other Organizations

Prineville/Crook Co. Chamber 541-447-6304

Bend Visitor & Convention Bureau 877-245-8484 www.visitbend.com

Crooked River Ranch Chamber 541-923-2679 www.crrchamber.com

www.visitprineville.com Redmond Chamber 541-923-5191 www.visitredmondoregon.com

La Pine Chamber 541-536-9771 wwwlapine.org

Sisters Area Chamber 541-549-0251 www.sisterscountry.com

Confederated Tribes of Warm Springs Business and Economic Development 541-553-3468 | www.warmsprings.com

Madras/Jefferson Co. Chamber 541-475-2350 www.madraschamber.com

Sunriver Chamber 541-593-8149 www.sunriverchamber.com

La Pine Industrial Group 541-536-9042

Central Oregon Visitors Assoc. (COVA) 800-800-8334 www.visitcentraloregon.com

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FOR CENTRAL OREGON

BUSINESS RESOURCES Oregon Resources

County Resources

Business Oregon www.oregon4biz.com Business recruitment, retention, and expansion

Accelerate Bend / Bend 2030 (541) 388-5505 Future vision for shaping

(541) 317-1154

Bend Downtown Association www.downtownbend.org

NEW (Network of Entrepreneurial Women) www.networkwomen.org

City Club of Central Oregon www.cityclubco.com

Oregon Employer Council Central Oregon (541) 749-4011

City of Bend & BEDAB (Bend Economic Development Advisory Board) www.ci.bend.or.us

OMEP (Oregon Manufacturing Extension Partnership) www.omep.org Lean manufacturing and leadership training for business owners

Crook County www.co.crook.or.us

Worksource Bend (Oregon Employment Department) www.worksourceoregon.org

Deschutes County www.deschutes.org

Vocational Rehab (541) 388-6336

Jefferson County www.co.jefferson.or.us

community and economy

Tri-County Resources Abilitree (541) 388-8103 | www.abilitree.org Advocacy and training for people with disabilities

HRACO (Human Resource Association of Central Oregon) www.HRCentralOregon.org

AdFed of Central Oregon (541) 385-1992 Marketing and advertising resource

Opportunity Knocks www.opp-knocks.org Confidential peer-to-peer problem solving and strategy

COCC (Central Oregon Community College) www.cocc.edu

OSU-Cascades (Oregon State University Cascades) www.osucascades.edu

COIC (Central Oregon Intergovernmental Council) (541) 548-8163 | www.coic2.org Community and economic development services

SBDC (Small Business Development Center) (541) 383-7290 Free and confidential business advising

EDCO (Economic Development for Central Oregon) www.edcoinfo.com Comprehensive services for start-up, expanding and relocating companies

SCORE (Service Corps of Retired Executives) www.centraloregon.score.org No cost business consultation and mentorship

HiDEC (High Desert Enterprise Consortium) www.hidec.org Industry roundtables, lean training and business networking

Tech Alliance www.techallianceco.org MeetUp organization for high tech professionals in Central OR

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ABOUT EDCO

EDCO Offices

Origins Economic Development for Central Oregon (EDCO) is a private, nonprofit membership-based organization dedicated to building a strong and secure economic future for Central Oregon. EDCO was founded over 30 years ago when the timber-dependent region was hit City leaders recognized the need to develop an organization that would direct and lead efforts to diversify strial base. Looking to attract jobs that provide income and create additional jobs in the economy, EDCO has focused on what are called traded sector companies. These are companies that make products or provide services for customers who are primarily outside Central Oregon and thus, help enlarge the regional economic pie. To most effectively reach Central Oregon's diverse communities, EDCO operates five satellite offices in addition to its main office.

Main Office (Bend) 705 SW Bonnett Way, Ste. #1000 Bend, OR 97701 | 541-388-3236 Executive Director: Roger Lee Bend Manager: Nate LiaBraaten Redmond 446 SW 7th Street Redmond, OR 97756 | 541-923-5223 Manager: Jon Stark Sisters (Opening Fall 2013) 520 E Cascade Street. Sisters, OR 97759 Manager: To be named La Pine (opening Fall 2013) 16345 Sixth Street. La Pine, OR 97759 Manager: To be named Prineville/Crook County 510 SE Lynn Blvd. Prineville, OR 97754 | 541-233-2015 Manager: Russell Deboodt

Focus Today, EDCO has three key goals: 1.

Recruit traded sector employers to the region. Most traded sector employers come from these sectors: manufacturing, high-tech, and information services.

Assist existing Central Oregon companies to retain and grow company base. This involves helping companies expand and increasing their productivity and profitability.

3. entrepreneurs with business planning, access to capital, and access to human talent. Board of Directors EDCO is a membership organization with roughly half of its funding coming from public entities (counties and cities) and the other half from private companies. The organization is guided by a 36-member board drawn from the three counties of Crook, Deschutes, and Jefferson, and represents a wide variety of industry sectors.

Madras/Jefferson County 2028 NW Airport Way Madras, OR 97741 | 541-390-3121 Manager: Janet Brown

EDCO Platinum Members Bank of the Cascades Bend Memorial Clinic BendBroadband Cascade Natural Gas Central Electric Cooperative, Inc. Central Oregon Community College CenturyLink City of Bend City of Madras City of Prineville City of Redmond City of Sisters Crook County Deschutes County Home Federal Bank Jefferson County Mid Oregon Credit Union OSU-Cascades Campus Pacific Power Schwabe, Williamson & Wyatt St. Charles Health System U.S. Bank

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