Oregon
Here are the companies collecting Oregon’s biggest tax breaks
Intel, Amazon, Apple, Twitter and the mother or father corporations of Fb and Google cumulatively saved practically $400 million final 12 months. They benefitted from two Oregon packages that exempt Intel’s factories, Amazon’s warehouses and a constellation of information facilities that stretch from Hillsboro to Hermiston.
Particular person cities and counties negotiate the tax breaks, in search of personal funding that might in any other case go to different Oregon communities or to different states. Property tax exemptions helped entice billions of {dollars} in Intel funding to Hillsboro, wind farms in japanese Oregon and knowledge facilities within the state’s suburbs and small cities.
The {dollars} these corporations save are funds that might in any other case go towards native companies — public security, well being care and college development, for instance.
Rank | Firm | Whole financial savings | Operations |
---|---|---|---|
Word: Financial savings are internet of charges paid in lieu of taxes. Among the many prime 10, Intel, PGE, Shepherds Flat and Avangrid obtain Strategic Funding Program incentives. Amazon’s incentives are principally by way of the enterprise zone program, with some SIP incentives. Different incentives come from enterprise zones. | |||
Source: Particular person county assessors, Enterprise Oregon | |||
1 | Intel | $214,056,435 | Factories, analysis labs and company places of work in Washington County |
2 | Amazon | $80,940,943 | Information facilities in Morrow and Umatilla counties and warehouses in Portland, Salem and suburbs |
3 | Fb (Meta) | $54,344,000 | Information facilities in Prineville |
4 | Google (Alphabet) | $24,427,961 | Information facilities in The Dalles |
5 | Apple | $13,189,209 | Information facilities in Prineville |
6 | PGE | $9,451,039 | Wind farms in Sherman and Morrow counties, gas-fired plant in Columbia County |
7 | Caithness Shepherds Flat | $7,961,707 | Wind farm in Gilliam and Morrow counties |
8 | Lamb Weston | $7,737,769 | French fry processing in Umatilla and Morrow counties |
9 | $5,595,432 | Information heart in Hillsboro | |
10 | Avangrid Renewables | $5,045,128 | Wind farm in Sherman and Gilliam counties |
With one main tax break program up for renewal this 12 months, The Oregonian/OregonLive referred to as particular person county assessors across the state to search out corporations that obtain the largest financial savings.
Right here’s a have a look at 10 of Oregon’s greatest property tax break recipients in 2022:
Intel: $214 million
By far the most important recipient of Oregon property tax breaks, Intel advantages from the Strategic Funding Program, established particularly for the chipmaker’s profit within the Nineteen Nineties.
State leaders hoped to draw large Intel investments by exempting the corporate’s manufacturing instruments from property taxes. Their plan labored. Oregon is now Intel’s largest web site and the corporate is the state’s largest company employer, with 22,000 employees assigned to its Washington County campuses.
Oregon semiconductor jobs pay a mean of greater than $150,000 yearly (skewed upward by Intel’s extremely paid executives and engineers). These employees’ private revenue taxes are a significant contributor to the state price range.
In change, Intel acquired property tax breaks which have saved the corporate practically $800 million in simply the previous 5 years.
>> Oregon property tax breaks go largely to Massive Tech, with diverse outcomes and unintended penalties
Intel nonetheless pays some property taxes on its land and buildings, plus extra charges. Washington County collected $42 million in taxes and different charges from Intel final 12 months. However the firm’s most up-to-date tax settlement with the county and Hillsboro, a 30-year deal, doesn’t regulate for inflation. So the worth of some funds gained’t go up as quick as prices.
Intel continues to spend money on Oregon, opening a $3 billion enlargement of its D1X analysis manufacturing facility in Hillsboro final 12 months. However after saying main new factories in Arizona and Ohio over the previous few years, Intel says it needs extra Oregon tax breaks – within the type of analysis tax credit – to make sure future progress right here.
Amazon: $81 million
Morrow and Umatilla counties collectively awarded Amazon $76 million in property tax incentives for its native knowledge facilities final 12 months.
For the reason that state permits native governments to supply limitless tax breaks to corporations, Amazon has performed the 2 counties off each other to maximise its financial savings, saying it’s going to construct within the neighboring county if its calls for aren’t met.
However the firm additionally has a significant financial affect within the communities. Amazon says it employed 739 individuals within the two counties in 2020 (mixed inhabitants: 92,000), paying a mean annual wage of $76,000. And the corporate says it paid $35 million that 12 months in decreased property taxes and costs in lieu of taxes.
Amazon additionally acquired greater than $5 million in property tax financial savings for its warehouses in Portland and close by suburbs. The warehouses make use of hundreds packing and delivering bins, nevertheless it’s not clear the tax breaks play any position in attracting the roles. Oregon financial improvement officers acknowledge Amazon must put its warehouses near cities to be close to its clients.
Fb: $54.3 million
Fb operates a number of knowledge facilities within the excessive desert above the central Oregon metropolis of Prineville. Its progress has helped compensate for the financial loss the neighborhood suffered after wooden merchandise mills closed and Les Schwab Tire Facilities moved its headquarters to close by Bend.
Traditionally, Fb has had about 200 Prineville workers — lots of them safety contractors. Electrical energy franchise charges generated by the information facilities’ energy use contributes hundreds of thousands of {dollars} to Prineville’s native price range.
Google, $24.4 million
Google constructed Oregon’s first massive knowledge heart alongside the Columbia River in The Dalles about 16 years in the past. It has expanded since and plans to construct two extra.
The corporate employs about 200 at its Oregon knowledge facilities and has saved not less than $260 million over the previous 15 years. Its unique tax breaks expired final 12 months, bringing the unique knowledge heart onto the tax rolls and producing $5.2 million in native property taxes for parks, public security and different functions.
Google’s native water use has tripled over the previous 5 years new knowledge facilities opened, based on data the town agreed to launch final 12 months. Town gained’t say how a lot water it has dedicated to offer Google for the 2 new knowledge facilities the corporate plans.
Apple, $13.2 million
Apple constructed a big knowledge heart down the highway from Fb and continues to function there. It says it has spent greater than $1 billion on the venture and employs about 70 there.
Portland Common Electrical, $9.5 million
PGE receives tax incentives for wind farms in Sherman and Morrow counties and for gas-fired energy vegetation in Columbia and Morrow counties.
Lamb Weston, $7.7 million
The Idaho-based firm employs 500 in Umatilla County and one other 137 on the Port of Morrow processing French fries.
Caithness Shepherds Flat, $8.0 million
The venture operates wind farms in Gilliam and Morrow counties.
Twitter, $5.6 million
Media reviews point out that Elon Musk had deliberate to close down an information heart in Sacramento to avoid wasting prices after shopping for the corporate final 12 months however proceed working the corporate’s different two services, in Hillsboro and Atlanta. However after struggling extreme technical issues earlier this month, reviews recommended Twitter deliberate to maintain working all three in the interim.
Avangrid Renewables, $5.0 million
Wind farms in Sherman and Gilliam counties make use of 50, based on state data.
That is Oregon Perception, The Oregonian’s weekly have a look at the numbers behind the state’s economic system. View previous installments right here.
— Mike Rogoway | mrogoway@oregonian.com |
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Oregon
Will No. 13 Oregon men’s basketball be able to slow down Braden Smith, No. 17 Purdue?
EUGENE — By far Oregon’s biggest remaining home game this season, a top 20 clash with two-time reigning Big Ten champion Purdue carries significant stakes.
The No. 13 Ducks (15-2, 4-2 Big Ten) are ahead of the No. 17 Boilermakers in the polls, but behind them in the conference standings and NET entering Saturday’s game (12 p.m., NBC) at Matthew Knight Arena.
Both teams could use the Quadrant 1 win to improve their respective resumes come Selection Sunday, with Purdue (14-4, 6-1) arguably in bigger need of the road victory with all of its losses coming away from home. But as jockeying at the top of the Big Ten intensifies these are the matchups that will go a long way to determining the top four seeds in the conference tournament, which all receive double byes.
Oregon
Second man dies after being washed out to sea by king tides on Oregon Coast
King tides on the Oregon Coast 2025
People travel to the Oregon Coast to watch the king tides.
A Happy Valley man died Wednesday after being washed out to sea by abnormally high tides just south of Depoe Bay.
It’s the second fatal incident blamed on the so-called “king tides” — the largest tides of the season — this winter.
Hong B Su, 45, was fishing on the rocks of the shoreline at the north end of Otter Crest Loop when he was “washed out to sea by a wave” at roughly 2:04 p.m., according to Oregon State Police.
Su was in the water for approximately 39 minutes before he was recovered by the United States Coast Guard. He was pronounced deceased when he reached the Depoe Bay Coast Guard station.
The tides were near their highest level of the month on Wednesday. The peak of the king tides was recorded on Jan. 12 at 9.84 feet in Newport, and on the day Su was swept into the sea, Jan. 15, they were just a bit lower at 9.33 feet, according to the National Weather Service. On Friday, high tide was under 8 feet. King tides is an unofficial term for the highest tides of the year.
In December, a 72-year-old North Bend man who went to photograph the king tides at the beach also died after apparently being swept into the surf. His body was recovered nearly a month later in Haynes Inlet.
Zach Urness has been an outdoors reporter in Oregon for 16 years and is host of the Explore Oregon Podcast. He can be reached at zurness@StatesmanJournal.com or (503) 399-6801. Find him on X at @ZachsORoutdoors.
Oregon
What Gonzaga’s Mark Few said after loss vs. Oregon State
Putting the ball in the basket didn’t seem to be a problem for Gonzaga during Thursday night’s battle with Oregon State in Corvallis, Oregon.
The issue for the Bulldogs (14-5, 5-1 WCC), however, was on the other end of the floor. Led by 29 points from Michael Rataj and 20 from Nate Kingz, the Beavers (14-4, 4-2 WCC) made 58.5% of their field goal attempts to outlast the Zags in a 97-89 overtime final from Gill Coliseum.
“[Oregon State] made shots and [isolated] guys and posted us,” Gonzaga head coach Mark Few said of the Beavers’ attack strategy after the game. “And when we did guard them well, they hit some tough shots [and] some tough pull-ups.”
Here’s more from Few after the loss.
On Gonzaga’s struggles defensively against Oregon State:
“We played really, really good offense. We just could not get consistent stops for longer stretches. Came out in the second half with more intensity on the defensive end. [The Beavers] were still able to get some tough shots. I mean they had some real backbreakers, the bank 3 and contested 3. Even when we did play good defense, they were able to knock in some really tough shots. You almost have to play perfect on offense when you’re playing defense like that.”
On Graham Ike’s big night:
“He was great. Graham was terrific. He delivered time and time again in a high-level game against a very good, physical, big postman. You know, you also got a guard at the other end too. So again, our offense wasn’t the problem — our defense was at pretty much all five spots.”
On the positives the Bulldogs can take from the loss:
“We competed, great environment, fought, dug our way back in after our slow start; played some good ball there in the middle of the second half. We just had a couple of possessions, I think we missed a lay-up on one of those; and then again, just not even some of the stops, we foul a lot off the ball. We fouled on the ball. They were able to get critical free throws when they were in the bonus, and you just can’t do that.”
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