Gerry Frank's Mantra
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SHOWBIZ EARLY REGISTRATION MORNING ON KBZY LGC PENCE SEDCOR ECONOMIC FORUM MARCH 13 • SALEMCHAMBER.ORG REPORT DAILY AM 1490 COUNTY COMMISSIONERS MARCH 12 • SEDCOR.COM Salem Business Journal www.SalemBusinessJournal.com S E R V I N G T H E M I D - W I L L A M E T T E V A L L E Y SALEM, OREGON MARCH 2009 VOL. 5, NO 3 Historic Confidence Today “Gerry Frank’s Mantra” I enjoy reminiscing now and then and so-called “good old days.” Realizing that learning a little something from history, too. newcomers and next generations have little There are still a lot of old-timers in Salem institutional memory from which to draw, I who surely remember the classy and fun thought it might be fun to think back over the events held at Salem’s Meier & Frank, which years. opened in October, 1955 and is now known as It was a huge family decision to build the first Macy’s. Salem is fortunate to have two Macy’s store outside of Portland in Salem; it teetered stores, even in this economy, both doing their for awhile between the capital city and Eugene. level best to serve the demographics of the The ultimate decision to locate in Salem was mid-Willamette Valley; Macy’s has excellent largely based on the fact that we had over management, locally and nationally. 10,000 local family accounts already on the The family department store of yesteryear is books, accounts accumulated over the years just that – yesterday’s news – kaput. In these since the store’s 1857 founding. evolved big box, Internet, poor economic days, In the days prior to pounding one nail at there is no retail room for the extravaganzas the soon-to-be new Salem store, I made a and personality that local department stores world tour (at my father’s “request”). I spent nationwide once enjoyed. Whether it was an entire year visiting department stores all Meier & Frank in Oregon or Marshall Field over the United States and foreign countries in Chicago, these stores were an integral part gathering the latest innovative styles and ideas of the very fabric of their community. While for store merchandising and the physical plant. a thread of those nostalgic days may linger No store was as minutely planned as Salem’s with events like the Macy’s Thanksgiving Meier & Frank. The butterfly-style parking Day Parade, most of such activity has been structure was state-of-the-art, a technique discontinued. Salem has changed significantly since the Continued on page Salem is First U.S. City Fed Stimulus Adds Value to Receive Hybrid Bike to Oregon Economy A public dedication ceremony The approval of a $789 billion in coordination with Salem economic recovery package promises Sustainability Summit was held to create and preserve Oregon jobs, February 19th where SANYO demonstrating the critical role that unveiled its hybrid electric eneloop government can play in the economy. bicycle. SANYO gifted a bike to the The legislation comes at an opportune City of Salem and one to the State of time. It will help Oregon and nearly all Oregon. states in the nation confront revenue The new eneloop bike, an electric shortfalls caused by the deepening hybrid bicycle concept, stresses recession. We (The Oregon Center for Continued on page Continued on page OUR /XL^\ IS ON BX^ +&)#),*#-///mmm$l^f[Yk$eh] Can’t Wait for the Real Estate Market to Heat Up? 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Each RE/MAX® real estate office is independently owned and operated. 081960 John Lee Chris Aldrich Amy Allen Dawn Allen Adrianne Almond Karen Amen Stan Amundson Peggy Bean Principal Broker Principal Broker Salem Manager Alicia Brandt Jake Buckendorf Sitka Chiu Dowe DeJong Pam Elliott Trevor Elliott Roger Elliott Karen Fox Principal Broker Jim Hansen Cheryl Hastings John Hatch Terri Hays Ande Hofmann Rick Hofmann Chris Holmes Carrie Hamilton Principal Broker Kimberly Hyatt Phil Jayne Suzie Kelley Matt Killen Rafael Leal Peggy LeGrande Henri Lemon Matt Mahoney Principal Broker Don Madsen Tara Manning Russ Martini Amy McLeod Donna Miller Janis King Melsha Laurie Miller Don Meyer Principal Broker Principal Broker Principal Broker Melissa Miotke Karen Morrison Phyllis Murray Lyssa Patterson Sylvia Perry Judy Quillin Laura Rapp Vanessa Riley Principal Broker Dale Ropp Shelly Samson Marilyn Shotts Darin Smith Victor Smith Craig Snitker Jim Sparkman Taryn Stevens Principal Broker Tom Stutzman Debra Susee-Ventura Kristy Tindle Donna Toline Tania Turnell Paul Underwood Marcia VanMeter Carmen Villa Principal Broker Nikki Weiner Eric Wellard Heidi White Chris Workman www.remax.com Page 4 Salem Business Journal March 2009 STIMULUS...Continued from page district, 8,500 in Representative Greg Group Urges Governor and Walden’s district, 8,700 in Representative Public Policy) applaud Representatives Earl Blumenauer’s district, 8,400 in Blumenauer, Schrader and Wu and Representative Peter DeFazio’s district Congress to Push Forest Senators Wyden and Merkley for and 8,700 in Representative Kurt supporting the measure. Schrader’s district. Health Restoration The legislation means significant Not all provisions of the bill are likely to federal investment in Oregon’s health provide effective stimulus. For instance, The federal government’s economic underlining both the importance and care, education, law enforcement inclusion of a one-year “patch” for the stimulus funding should include unhealthy condition of Oregon’s federal and transportation infrastructure Alternative Minimum Tax will generate “significant investment” in Oregon’s federal forests. The federal government owns and and provides additional resources relatively little economic activity, despite forests, forest workers and forest-sector manages more than 18.2 million acres, or for Oregon’s social safety net. These its $70 billion price tag. Likewise, infrastructure. 60 percent, of Oregon forestlands, the letter approaches are widely known to provide prospects of the “bonus depreciation” That’s the conclusion of a new coalition pointed out. Yet, an estimated nine million economic stimulus with a good “bang business tax break for generating new of Oregon business, environmental, labor to 13 million acres of those forests are at for the buck,” according to leading economic activity in Oregon are quite and community leaders. The group recently high risk of catastrophic fire and are “in economists. poor. joined forces to promote the economic and desperate need of restoration thinning and A sizeable portion of the package (about While there were some missed environmental benefits of enhanced federal prescribed burning.” $116 billion or 15 percent) will go to opportunities, the overall package is likely funding to restore forest health in the state. The group’s positions, the letter also a new Making Work Pay credit. The to lessen the severity of the recession and In a February 3 letter to Gov. Ted noted, align with the recommendations credit will benefit all but the wealthiest may help jumpstart Oregon’s economy. Kulongoski, Senators Ron Wyden and developed by the Federal Forestland working Oregon households. The Oregon Center for Public Policy is a Jeff Merkley, and the other members of Advisory Committee and approved by the According to a memo released today by non-partisan research institute that does the Oregon congressional delegation, the Oregon Board of Forestry in January. the White House, the recovery package in-depth research and analysis on group urged legislators to press for stimulus Restoring these forests, the letter went will create or save an estimated 44,000 budget, tax and economic issues. The funding dedicated to “landscape-scale forest on to say, would provide jobs and support jobs in Oregon. The memo breaks these Center’s goal is to improve decision restoration and related rural development businesses in economically hard-hit rural jobs down by congressional district: making and generate more opportunities projects.” communities, cut firefighting costs by 9,300 jobs in Representative David Wu’s for all Oregonians. “This dual investment will create good, reducing woody fuels, lower the amount family-wage jobs and restore the condition of carbon released in the atmosphere as of our national forests,” the three-page a result of unnatural fire, and provide a letter said. renewable source of biomass for alternative BIKE...Continued from page The letter was signed by Duncan Wyse, energy production. Salem Business Journal SERVING THE MID-WILLAMETTE VALLEY president of the Oregon Business Council, The group provided several documents ‘looping energy’ or a lifestyle of Martin Goebel, executive director of to support its positions with details and reusing and recycling. With this new www.salembusinessjournal.com Sustainable Northwest, Russell Hoeflich, statistics. Specifically, the group called on product, clean and reusable energy is Publisher vice president of the Nature Conservancy, the new administration to provide: “generated, recharged, and conserved” Bruce Taylor Ryan Deckert, president of the Oregon Federal investment in forest restoration simultaneously. Energy is generated Columnists & Writers Business Association, Mike McArthur, activities and equipment, and in retaining or by the rider, recharging the auxiliary Alice Berntson executive director of the Association of retooling forest-sector industrial facilities; battery, and conserving the energy both David Chandler Oregon Counties, and Bill Kluting, legislative New investment to train rural workers in from the main battery and the rider.