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

Dec 26, 2015

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

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

Page 2: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

Population11,750

2% AARG

Population72,930

1% AARG

Page 3: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

Page 4: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

Page 5: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

Port of Morrow—Economic Impact$We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State

The Port Is HostTo Regional,National And World Based

Firms Involved in

Freight Staging and Transport

200-300 Local Employees

Page 6: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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 Resources45-50,000 acres

Of Grain Corn Annually

Page 7: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

Port of Morrow—Economic Impact$We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State

Food Processing:Potatoes, Corn, Peas

Serving >100,000Irrigated Acres

Expanding Processed Ag. Product Exports

To U.S., Asia, andPacific Rim Markets

45% of Morrow County’s export Value in 2006

($318 million)

Page 8: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

ReuseWater QualityManagement

Page 9: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

Port of Morrow—Economic Impact$We Bring Economic Value to Morrow/Umatilla Counties, and Oregon State

Supporting Water ConservationAnd Efficiency

Low Pressure,Direct Application

Technologies

Promoting IrrigationBest Management

Practices(BMPs)

Page 10: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

1995 2006%

Change 1995 2006%

Change

Ag./Ag. Services 26% 33% 7% 12% 13% 1%

Mining 0% 1% 1% 0% 1% 1%

Construction 9% 3% -6% 4% 1% -3%

Manufacturing (Food Processing, Other) 18% 16% -2% 15% 12% -3%

Trade 13% 7% -6% 20% 12% -8%

Transport/Util/Com 5% 7% 2% 5% 4% -1%

F.I.R.E 2% 2% 0% 4% 4% 0%

Services 9% 16% 7% 24% 35% 13%

Government 17% 15% -2% 16% 17% 2%

TOTAL 4,830 5,693 18% 34,350 40,308 17%

Page 11: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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

The Regional Economic Base (2006): Morrow County:

Employment: 5,690Earned Income: $440 Mil.Product Value: $975 Mil.

Umatilla County:Employment: 40,300Earned Income: $2.3 Bil.Product Value: $5.6 Bil.

Port Of Morrow:

Employment (Direct): 2,070 Direct & Indirect: 4,070Regional income: $330 Mil.

product Value: $850 Mil.Property Taxes: $6.0 Mil.

Page 12: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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.

Page 13: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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—AttractInvestors 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.

Page 14: Port of Morrow—Economic Impact$ Bringing Economic Value to Morrow/Umatilla Counties and Oregon State.

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 PreparedBy:

IRZ Consultingand

Pacific NorthwestProject

Resource EconomistsRegional Planners

2008