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World : North America : USA : Oregon OR : Portland city : economy

Portland city, economy - Pictures


Portland enjoys a diversified economy. Major manufactured products include paper, transportation equipment, metal products, sportswear, and electronic components and equipment. Major corporations headquartered in the metropolitan region include Nike, a leader in the manufacture of sports footwear, in Beaverton; Louisiana-Pacific, a wood-products manufacturer, in Portland; and Tektronix, a maker of scientific measuring devices and color printers, in Beaverton. High-technology manufacturing is a growing component of the city's economy, with such firms as Intel, a leader in microprocessor production, opening plants in the area. Portland is the wholesaling, financial, and medical center for much of Oregon and parts of Idaho and Washington. Although Portland is inland from the Pacific Ocean, the 150 km (90 mi) of the Columbia River between the city and the sea is fully open to navigation. Oceangoing shipping helped the city develop, and it remains a major transportation center. The Port of Portland, one of the busiest in the western United States, manages five marine terminals and a ship repair yard in addition to Portland International Airport. Two interstate highways, major railroads, and barges on the Columbia-Snake river system serve the city. Chief exports are wood products and farm produce. A prominent import is automobiles from Japan and South Korea.
Microsoft® Encarta® Online Encyclopedia 2001
http://encarta.msn.com © 1997-2001 Microsoft Corporation. All rights reserved.
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World : North America : USA : Oregon OR : Portland city : economy

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