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Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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Presentation on theme: "Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State."— Presentation transcript:

1 Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State

2 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Boardman Located on the Mighty Columbia River Serving Morrow And Umatilla Counties Population 11,750 2% AARG Population 72,930 1% AARG

3 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State We Are: Boardman Chip Boardman Foods Cascade Specialties Boardman Chip CLD Pacific Grain Columbia River Proc. Con-Agra Foods Coyote Springs Power Frederickson Farm Hancock Sandblast and Paint JSH Farms L-S Transport LTI Specialists Miller Manufacturing Morrow Cold Storage North Morrow Vector Oregon Hay Company Oregon Potato PGE-Boardman Pacific Ethanol, Inc Pacific Rock Products Port of Morrow Port of Morrow RDO Dairy and Calbe Food RDO Farms PNW Motorsports Reklaim Technologies River Lodge & Grill Taylor Transfer Tidewater Terminal Tredit Tire Upper Columbia Mill Vandenbrink Dairy-Farm Watts Brothers Re-Pack Western Alfalfa Windwave Shop Over 30 Businesses and Firms

4 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Gas and Coal-Fired Power Generation 28% of Morrow County’s export Value ($196 million) Rail and Trucking Linking U.S. Markets Water-Borne Transportation The Route to Global Trade

5 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State The Port Is Host To Regional, National And World Based Firms Involved in Freight Staging and Transport 200-300 Local Employees

6 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Ethanol and Bio-Fuels Production—Oregon’s largest Ethanol Production Facility 40 Million Gal./Year ($120 Million) Renewable Energy Resources 45-50,000 acres Of Grain Corn Annually

7 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Food Processing: Potatoes, Corn, Peas Serving >100,000 Irrigated Acres Expanding Processed Ag. Product Exports To U.S., Asia, and Pacific Rim Markets 45% of Morrow County’s export Value in 2006 ($318 million)

8 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Wise Water Resources Management Irrigated Ag. And Waste Water Reuse Water Quality Management

9 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State Supporting Water Conservation And Efficiency Low Pressure, Direct Application Technologies Promoting Irrigation Best Management Practices (BMPs)

10 Port of Morrow—Economic Impact$ Bringing Value to Morrow/Umatilla Counties and Oregon State The Regional Economic Base (2006): Morrow County % Employment Umatilla County % Employment 19952006 % Change19952006 % Change Ag./Ag. Services26%33% 7% 12%13% 1% Mining0%1% 0%1% Construction9%3%-6%4%1%-3% Manufacturing (Food Processing, Other) 18%16%-2%15%12%-3% Trade13%7%-6%20%12%-8% Transport/Util/Com5%7% 2% 5%4%-1% F.I.R.E2% 0%4% 0% Services9%16% 7% 24%35% 13% Government17%15%-2%16%17% 2% TOTAL4,8305,69318%34,35040,30817%

11 Port of Morrow—Economic Impact$ Bringing Value to Morrow/Umatilla Counties and Oregon State The Regional Economic Base (2006): Morrow County: Employment: 5,690 Earned Income: $440 Mil. Product Value: $975 Mil. Umatilla County: Employment: 40,300 Earned Income: $2.3 Bil. Product Value: $5.6 Bil. Port Of Morrow: Employment (Direct): 2,070 Direct & Indirect: 4,070 Regional income: $330 Mil. product Value: $850 Mil. Property Taxes: $6.0 Mil.

12 Port of Morrow—Economic Impact$ Bringing Value to Morrow/Umatilla Counties and Oregon State The Port of Morrow State-Wide Economic Impact (2006): Port Of Morrow: Employment Impact: 5,360 State-Wide income: $440 Mil. product Value: >$1.0 Bil. State Income Tax: $26 Mil.

13 Port of Morrow—Economic Impact$ We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State What Are the Port’s Future Needs?  Access to Capital Markets and Financing—Attract Investors and Business.  State Assistance for Economic Development Funds.  Collaborative State Approach To Business and Environmental Regulation.  Bolster the Port’s Competitive Advantage: State Issues New Columbia River Water Rights. State Support for River-Based Transportation and Economic Development.

14 Port of Morrow—Economic Impact$ Bringing Value to Morrow/Umatilla Counties and Oregon State The Regional and State Economic Impact of the Port of Morrow Industrial Park Report Prepared By: IRZ Consulting and Pacific Northwest Project Resource Economists Regional Planners 2008


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