Oracle Corp Plans To Relocate Manufacturing From Mexico To Hillsboro, Oregon
“Oracle is pleased to announce plans to grow our manufacturing presence in Oregon,” said Luke Kowalski, Oracle Vice President. “By moving production of our industry-leading systems and servers from Mexico to Oracle’s Hillsboro facility we’ll be able to meet customer demand while bringing new technology jobs to the state of Oregon.” Oracle currently operates several facilities in Oregon, employing hundreds of people across the state.
“I want to recognize Oracle’s decision to expand in the United States rather than overseas, just the latest example of an industry leader choosing to ‘onshore’ in our state,” said Governor John Kitzhaber. “This is further proof of Oregon’s competitiveness in the global economy and a recognition that Oregon workers are second to none in their skills and training.”
As an incentive, the State of Oregon is awarding Oracle a forgivable loan of $750,000 from the Strategic Reserve Fund and $649,000 from the Business Expansion Program for their Hillsboro expansion. Combined, the awards are contingent upon the company creating 130 new full-time jobs while also retaining 300 full-time positions over a two-year period.
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
2018 Leading Metro Locations: Pacific and Mountain Metros Dominate the List
2018 Top States for Doing Business: Georgia Ranks #1 Fifth Year in a Row
Opportunity Zones Can Uplift Communities and Investors Alike
A Changing Food Manufacturing Industry
2017 Food Processing
Made in America: An Outlook for Manufacturing in the U.S.
Location USA 2018