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Business, Industry & Economic Development

The Corvallis area is home to a burgeoning innovation economy with a strong entrepreneurial community centered on engineering and high technology. The Corvallis Benton Chamber Coalition, the Software Association of Oregon, the Oregon Nanoscience and Microtechnologies Institute (ONAMI), and Oregon State University are just of few of the active players contributing to this vibrant, creative environment.

The area’s early economy was based on agriculture, timber and education. Oregon State University, once known as the Oregon Agricultural College, was established in Corvallis in 1862. Designated as one of two land, sea, space and sun grant institutions in the U.S., OSU has grown to be the second largest and oldest institution of higher learning in Oregon.

A unique combination of soil and climate has made the Willamette Valley a world leader in seed and specialty crops, as well as Christmas trees. Grass and legume seeds, dairy, sheep, plywood, lumber and paper are important local products, and we have a well-respected and growing wine industry.

While wood products, agriculture and tourism continue to be major industries in the state, high technology is the fastest growing. Corvallis has over 25 software companies ranging in size from Summit Information Systems with over 300 employees to one-person operations, plus Hewlett-Packard’s 2.3-million-square-foot research campus. Corvallis benefits from its identity as a college town and has a workforce that is among the highest educated in the Northwest.

Research Parks & Industrial LandAvailability

Benton County has over 1,800 acres of industrial zoned land available, including 1,000 acres in a tax-incentivized Enterprise Zone with a “sustainability” focus and 42 acres designated “shovel ready” by the State of Oregon. Corvallis also has turn-key industrial properties, high-tech lease properties and research parks. The Business Enterprise Center (BEC) is a full-service business incubator offering shared services, mentoring and reduced rates for budding entrepreneurs. Since 1988, The BEC has a long list of successful graduate enterprises, graduating 87 businesses with more than 80 percent still in business five years after leaving the BEC.

ONAMI

Corvallis is home to the Oregon Nanoscience and Microtechnologies Institute (ONAMI), the state’s first signature research center. ONAMI’s mission is to grow research and commercialization, accelerating innovation-based economic development in Oregon and the Pacific Northwest. In its first two years, ONAMI successfully leveraged $40 million in federal and private research grants and has over 140 researchers statewide working to achieve its mission. It is a powerful collaboration involving Oregon’s three public research universities—Oregon State University, Portland State University and the University of Oregon. Other partners include the Pacific Northwest National Laboratory, the State of Oregon, selected researchers from the Oregon Graduate Institute and the Oregon Health Sciences University.

Together, the ONAMI partners are performing cutting edge research in several aspects of nanoscale metrology, transparent and printed electronics, green nanoscience and nano-manufacturing, materials characterization, bulk microfluidics for energy/chemical and medical devices, process intensification and microfabrication. This research is applied to commercial opportunities ranging from computers to healthcare, and energy systems to environmental remediation.

ResearchThemes & Interests

With OSU graduating some of the country’s most employable engineers and the area businesses drawing some of the most innovative and creative minds from around the world, Corvallis has specific research capabilities:

• Microfabricated systems for miniaturization of energy, chemical and biological/ biomedical processes

• Microreactor production of nanomaterials—high efficiency, high precision, low waste

• Select techniques for nanoscale metrology—a critical enabler for future generations of innovation

• Select nanomaterials (functionalized and precision-spaced Au nanoparticles, bulk superlattices) and “green” synthesis techniques combining higher material yields and less harmful reagents

• Portable/miniature heating, cooling, and micro-power systems

• High-temperature, corrosion resistant microstructures (e.g. to enable localized and on-vehicle production of hydrogen)

EducationalPartnership Facilities

• Oregon State University • College of Business – Austin Family Business Program – Austin Entrepreneurship Program • College of Engineering • Technology Transfer

• Linn-Benton Community College • Small Business Development Center

• WNHS Microenterprise Program

• Workforce Investment Board • Workforce Response Team

• Expansion Management magazine rated Corvallis as one of the top public school districts in the country, 509J District

• Ninety-three percent of classes in the district (509J) are taught by teachers who are “highly qualified” under federal standards

Corvallis MSA (Benton County)

NON-FARM EMPLOYMENT • 2008

Total Non-Farm employment — 38,300

Total private — 26,498

— Natural Resources, Mining, — and Construction — 1,552

— Manufacturing — 4,676

— Trade, transportation, and utilities — 4,298

— Information — 967

— Financial activities — 1,506

— Professional and business services — 3,400

— Educational and health services — 4,960

— Leisure and hospitality — 3,611

— Other services — 1,183

Government — 11,801

Federal government — 585

State government — 8,500 State education — 8,147

Local government — 2,715 Local education — 1,424

Source: Oregon Employment Department

LEADING EMPLOYERS

Name — Employee Size

Oregon State University — 5,000 to 9,999 Education

Hewlett-Packard Corp — 1,000 to 4,999 — Technology

Samaritan Health Services — 1,000 to 4,999 — Healthcare

Corvallis Clinic — 500 to 999 — Healthcare

Corvallis School District — 500 to 999 Education

Georgia Pacific – Halsey Mill — 500 to 999 — Paper Products

Linn-Benton Community College — 500 to 999 — Education

ATS Oregon — 250 to 499 — Manufacturing

CH2M Hill — 250 to 499 — Engineering

Summit Information Systems — 250 to 499 Technology

Trillium Family Services — 250 to 499 — Health & Human Services

Aramark Management Services — 100 to 249 Janitorial Services

Avi Biopharma Inc — 100 to 249 Physical, Engineering, & Biolog. Research

Blue Heron Farm — 100 to 249 Nursery & Florist Merchant Wholesale

Blueberry Meadows — 100 to 249 Agriculture

Citizens Bank — 100 to 249 — Finance

Corvallis Gazette-Times — 100 to 249 Newspaper

Corvallis Manor Nursing Center — 100 to 249 Vocational Rehabilitation Services

Evanite Fiber Corp — 100 to 249 Manufacturing

First Alternative Co-op — 100 to 249 Supermarkets

Koch Industries — 100 to 249 Sawmills

Greenberry Industrial — 100 to 249 — Fabricated Structural Metal Mfg

Heart of the Valley Health Care — 100 to 249 — Healthcare

IGT Software — 100 to 249 —

Mary’s River Lumber Co — 100 to 249 Sawmills

Miller Timber Services — 100 to 249 Logging

National Guard Armory — 100 to 249 National Security

O’Brien Dental Lab — 100 to 249 Dental Prosthetics

OSU Book Stores Inc — 100 to 249 — Book Stores

OSU Federal Credit Union — 100 to 249 Finance

Stahlbush Island Farms Inc — 100 to 249 Agriculture

Tripod Data Systems (TDS) — 100 to 249 Manufacturing

Truax Corp — 100 to 249 Manufacturing

Timberhill Athletic Club — 100 to 249 Fitness & Recreation

Nypro Oregon — 100 to 249 Plastics Prod Mfg


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