Wednesday, May 14, 2014

Could Vestas be on its way out of Portland?

Whereas Portland bested Colorado in attracting Vestas Wind Systems U.S. headquarters, the tables might be turning.
Vestas received an $8.1 million, 15-year interest-free loan from Portland in 2010 for its $66 million Pearl District headquarters. The report said Vestas’ North American president Chris Brown, who was hired in late 2012, supports the move. The company has about 200 people in Portland, the newspaper said.
www.bizjournals.com/portland/morning_call/2014/05/....html

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