Lars Larson

ON AIR NOW

Lars Larson

12:00pm - 3:00pm

Contact
Business News


Advanced Manufacturing reports that “manufacturing economic growth should continue through the rest of 2017.” The semi-annual forecast predicted “an average revenue increase for the year of 4.4%, compared with 2016.” “The survey showed manufacturers this year expect a 5.2% increase in capital expenditures, a 1.3% rise in employment and a 4.4% rise in revenues.”

New single-family home sales tumbled 11.4% in April from a 9-1/2-year high in March. However new home sales increased 0.5% on a year-on-year basis. April's sales drop came after three straight months of increases. (Commerce Department)

Flir Systems the Wilsonville thermal imaging company has a new CEO.  He is Jim Cannon, an Army veteran who has been at toolmaker Stanley Black & Decker for the past 16 years. Flir is one of Oregon's largest companies, reporting sales of $1.7 billion last year and profits of $167 million. It employs nearly 3,500 worldwide. (Oregon Live)

Home improvement supplier Lowe's profit fell 32% to $602 million, or 70 cents per share last quarter. Sales rose 10.7% to $16.86 billion. Same-store sales rose only 2%. (AP)  

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

Hide Comments

News
Traffic

 

 

  • Hwy 20, Santiam Pass, 1-mile East of Suttle Lake to ORE 22 junction, up to 20 min DELAYS, Paving and Striping. 9am-5pm through 10/17
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • 61st St CLOSED between Young Ave & Canal Blvd as part of the “Six Corners” Improvement (through 11/8)
  • SE 3rd between Hwy 97 and Murphy Road CLOSED 8pm – 5am (8/25-10/18)

 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER