Willamette

BakerHostetler, Watts Guerra and Arnold Gallagher Announce Willamette Valley Wineries Hire Fire Litigation Lawyers to Investigate Suing Pacific Power for Grape and Wine Losses Arising from the 2020 Labor Day Fires

Retrieved on: 
Friday, May 5, 2023
Retail, Legal, Professional Services, Wine & Spirits, BakerHostetler, Oregon State University, PacifiCorp, Wildfire, Tree, Fire, State government, Lawyer, PG, Associate, Wind, Pacific Power, Willamette, Smoke, 2020 Oregon wildfires, Santiam Fire, PG&E, News, Labour, Lusby, Wine, Willamette Valley

The smoke ruined the majority of the 2020 harvest in the Willamette Valley, as well as the wineries’ wine sales and profits over the next several years.

Key Points: 
  • The smoke ruined the majority of the 2020 harvest in the Willamette Valley, as well as the wineries’ wine sales and profits over the next several years.
  • The investigation evaluates whether Pacific Power’s electrical system failed repeatedly in the Santiam Canyon during the record 2020 Labor Day windstorm and ignited 13 separate fires, with the resulting smoke choking residents throughout the Willamette Valley and saturating the 2020 grape harvest.
  • The wineries issued this joint statement:
    “These fires devastated our industry, and we believe it’s time we investigate seeking compensation.
  • The wineries’ legal team has already retained Oregon’s leading smoke taint expert as well as wine revenue loss experts.

SAP Supervisory Board Proposes Punit Renjen as Designated Successor to Chairman Hasso Plattner

Retrieved on: 
Wednesday, February 22, 2023
Supervisory board, International Business Council of Florida, SVB, Annual, Economic Times, NYSE, Retirement, Carnegie Corporation of New York, Willamette, SAP, Growth, National Executive Board of the Boy Scouts of America, The Economic Times, WEF, AGM, Punit Renjen, General partnership, Willamette University, United Way, Leadership Council, Property management, Management

WALLDORF, Germany, Feb. 22, 2023 /PRNewswire/ -- The Supervisory Board of SAP SE (NYSE: SAP) has nominated Mr. Punit Renjen to stand for election as a new member of the Supervisory Board and proposes Mr. Renjen as the designated successor to Chairman, Prof. Dr. Hasso Plattner. With this decision, Prof. Dr. Plattner and the Supervisory Board initiate the succession process. The next step is Mr. Renjen's candidacy for the Supervisory Board, which the shareholders will decide upon at the Annual General Meeting on May 11, 2023. Upon election to the SAP Supervisory Board, the handover process by Prof. Dr. Hasso Plattner to Punit Renjen would begin. Prof. Dr. Plattner's term expires in May 2024.

Key Points: 
  • WALLDORF, Germany, Feb. 22, 2023 /PRNewswire/ -- The Supervisory Board of SAP SE (NYSE: SAP) has nominated Mr. Punit Renjen to stand for election as a new member of the Supervisory Board and proposes Mr. Renjen as the designated successor to Chairman, Prof. Dr. Hasso Plattner.
  • Upon election to the SAP Supervisory Board, the handover process by Prof. Dr. Hasso Plattner to Punit Renjen would begin.
  • Prof. Dr. Hasso Plattner (79), who co-founded SAP in 1972 – together with Dietmar Hopp, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector – and has served as Chairman since 2003, said:
    "We are excited to propose Punit Renjen as a new member of the SAP Supervisory Board for a four-year term at the AGM in May 2023.
  • His deep understanding of our customers' needs, and the broader industry make him an ideal candidate for Chairman of the Supervisory Board from 2024 onwards.

Post Holdings Reports Results for the First Quarter of Fiscal Year 2023; Raises Fiscal Year 2023 Outlook

Retrieved on: 
Thursday, February 2, 2023
Honey, Volume, Interest, Honey Bunches of Oats, GAAP, RTD, Cheese, Jabłonna Lacka, Acquisition, Post, Willamette, EBITDA, RTE, Public expenditure, Forecasting, Adjustment, Nature, Growth, EST, Senior, Share repurchase, Life insurance, Cereal, Security (finance), Bank, Management

For the first quarter, net sales were $554.7 million, an increase of 9.3%, or $47.4 million, compared to the prior year period.

Key Points: 
  • For the first quarter, net sales were $554.7 million, an increase of 9.3%, or $47.4 million, compared to the prior year period.
  • Segment Adjusted EBITDA was $112.9 million, an increase of 4.8%, or $5.2 million, compared to the prior year period.
  • For the first quarter, net sales were $600.5 million, an increase of 36.9%, or $161.9 million, compared to the prior year period.
  • For fiscal year 2023, Post management has raised its guidance range for Adjusted EBITDA to $1,025-$1,065 million from $990-$1,040 million.

Arcimoto FUVs Now Available to Rent at Hyatt Place Eugene/Oakway Center

Retrieved on: 
Thursday, September 8, 2022
Emerald, TikTok, NASDAQ, YouTube, Willamette, LinkedIn, SEC, Emerald City, Oakway Center, GLOBE, Instagram, Twitter, EVS, Industry, Environment, Forward-looking statement, Adoption, Family, Hyatt, Hotel, Risk management, Arcimoto, Facebook

EUGENE, Ore., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, and Hyatt Place Eugene/Oakway Center today announced that Arcimoto Fun Utility Vehicles are now available for guests to rent directly at the hotel.

Key Points: 
  • EUGENE, Ore., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Arcimoto, Inc. (NASDAQ: FUV), makers of rightsized, outrageously fun, ultra-efficient electric vehicles, and Hyatt Place Eugene/Oakway Center today announced that Arcimoto Fun Utility Vehicles are now available for guests to rent directly at the hotel.
  • Hyatt Place Eugene/Oakway Center is centrally located in Eugene, and perfectly situated for discovering the Southern Willamette Valley.
  • The Hyatt Place is located at 333 Oakway Road in Eugene in the center of Eugenes premier lifestyle center, Oakway Center
    We're thrilled to partner with Arcimoto to offer this innovative new electric vehicle to guests, said Allen Pike, Regional Director of Operations for the Hyatt Place Eugene/Oakway Center.
  • Based in Eugene, Oregon, the Arcimoto team is dedicated to creating world-class EVs that make the world a better place.

Alyrica Networks Wins Funding to Bring High-Speed Wireless Internet to Oregon’s Rural Polk County with Tarana’s G1 Platform

Retrieved on: 
Tuesday, June 14, 2022
Networks, Internet, Mobile, Wireless, Technology, Telecommunications, Internet, Willamette Valley, Friends, Research, ISP, Data-rate units, Radio, Gigabit, Partnership, City, American Rescue Plan Act of 2021, Digital divide, Telecommunication, Multimedia, Propagation delay, Technology, Economics, Human, Industry, Internet access, ARPA, Family, Willamette, Internet service provider, Network, G1, Mobile phone, Online shopping, Tarana, Growth

The county awarded Alyrica $795,000 in local grant and American Rescue Plan Act (ARPA) funds to deploy Taranas G1 platform, its groundbreaking next-generation fixed wireless solution.

Key Points: 
  • The county awarded Alyrica $795,000 in local grant and American Rescue Plan Act (ARPA) funds to deploy Taranas G1 platform, its groundbreaking next-generation fixed wireless solution.
  • (Photo: Business Wire)
    Polk County officials have been working with local internet service providers (ISPs) to improve their broadband offerings and coverage throughout the county since 2018.
  • County officials had begun to notice discrepancies between the FCCs broadband coverage reports and the reality of service in Oregons rural areas.
  • Alyrica Networks is Willamette Valleys leading internet service provider offering both wireless broadband and fiber optic services.

Oregon Bancorp Announces Second Quarter Earnings

Retrieved on: 
Friday, July 23, 2021
Banking, Professional services, Finance, Passaic, New Jersey, Valley Bank, Wayne, New Jersey, Willamette, Banks of the United States, Companies, Regions of the United States

Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $5.4 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 33.2%.

Key Points: 
  • Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, reported net income for the second quarter totaled $5.4 million resulting in an annualized return on average assets of 5.8% and a return on average equity of 33.2%.
  • During the quarter, total assets increased $2.3 million driven by a $6.5 million increase in deposits and the paydown of $6.3 million in borrowings.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon.
  • For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503) 485-2222 or visit our website at www.willamettevalleybank.com .

Bravo's Top Chef Finale Hosted at Willamette Valley Vineyards

Retrieved on: 
Thursday, July 1, 2021
Oregon wine, Oregon, American Viticultural Areas, Geography of the United States, States of the United States, Willamette Valley, Turner, Oregon, Willamette Valley Vineyards, Willamette Valley AVA, Tualatin Valley, Pinot noir, Willamette

TURNER, Ore., July 1, 2021 /PRNewswire/ --Willamette Valley Vineyards (NASDAQ: WVVI & WVVIP), a leading Pinot Noirproducerin Oregon, will host the finale of Season 18 of Bravo's Emmy Award-winningTop Chef.

Key Points: 
  • TURNER, Ore., July 1, 2021 /PRNewswire/ --Willamette Valley Vineyards (NASDAQ: WVVI & WVVIP), a leading Pinot Noirproducerin Oregon, will host the finale of Season 18 of Bravo's Emmy Award-winningTop Chef.
  • "We are honored to be selected for the finale location of Bravo'sTop Chef Portland which highlights some of the best experiences Oregon has to offer," explained Winery Director Christine Clair.
  • Hood Territory, Tillamook Bay, Tualatin Valley and Willamette Valley wine country before it closes the season at Willamette Valley Vineyards, known for its gorgeous views of the estate vineyard and valley as well as a 65-foot lookout tower.
  • Wine Enthusiasts interested in becoming a Winery Owner at Willamette Valley Vineyards are encouraged to review the current Preferred Stock Offering (NASDAQ: WVVIP) at www.wvv.com/Ownership .

Oregon Bancorp Announces Quarterly Dividend

Retrieved on: 
Friday, June 18, 2021
Banking, Professional services, Finance, Regions of the United States, Geography of the United States, Salem, Oregon, Salem, Oregon metropolitan area, Willamette Valley, Willamette, Valley Bank, U.S. Bancorp

The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share.

Key Points: 
  • The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share.
  • Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon.
  • The Bank conducts commercial and retail banking activities at four full-service branch locations in Salem, Keizer, Silverton, and Albany, Oregon.
  • For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit our website at www.willamettevalleybank.com .

Full-Time Online School Willamette Connections Academy Celebrates Graduates From Across Oregon

Retrieved on: 
Thursday, June 10, 2021
United States, Connections, Willamette, Scio, Oregon, Education

SCIO, Ore., June 10, 2021 /PRNewswire-PRWeb/ --Willamette Connections Academy, a statewide tuition-free online public charter school , is holding a drive-through commencement ceremony for an estimated 45 graduates, as well as family and school staff, on Saturday, June 12th in Scio.

Key Points: 
  • SCIO, Ore., June 10, 2021 /PRNewswire-PRWeb/ --Willamette Connections Academy, a statewide tuition-free online public charter school , is holding a drive-through commencement ceremony for an estimated 45 graduates, as well as family and school staff, on Saturday, June 12th in Scio.
  • "Many students transitioned to Willamette Connections Academy because they were seeking an established online learning program to support their needs over the past year," said Willamette Connections Academy Principal Chris Long.
  • "It is so rewarding to watch these graduates persevere and grow in a year full of challenges," said Victoria Neer, 12th grade advisor for Willamette Connections Academy.
  • Willamette Connections Academy (WillCA)is a unique, tuition-free, online public school for K-12 students across Oregon.

Eastside Distilling Partners with American Forests to Help Restore American Oak Ecosystems

Retrieved on: 
Wednesday, June 2, 2021
Packaging, Geography of the United States, Willamette River, Quercus garryana, Flora of North America, Willamette Valley, Oak, Willamette, Barrel

PORTLAND, Ore., June 2, 2021 /PRNewswire/ --Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the Company"), a consumer-focused beverage company, today announced its partnership with American Forests, the nation's oldest conservation organization, to help protect and restore the Oregon white oak (Quercus Garryana) habitat in the Willamette Valley.

Key Points: 
  • PORTLAND, Ore., June 2, 2021 /PRNewswire/ --Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the Company"), a consumer-focused beverage company, today announced its partnership with American Forests, the nation's oldest conservation organization, to help protect and restore the Oregon white oak (Quercus Garryana) habitat in the Willamette Valley.
  • Eastside and American Forests will plant 5,000 oak trees in the Willamette Valley to help protect and restore the threatened oak territory in the Pacific NW.
  • Eastside uses barrels made from the Valley's fallen oak trees to age its Burnside Whiskeys, imparting a profound effect on its unique flavor profile.
  • Oregon white oaks found in the Willamette Valley are one of the most imperiled ecosystems in the United States.