Wednesday, September 28, 2011

SolarWorld purchase bid grabs governor

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billion bid to take over European auto brand Opel in an effortg to becomea “green” European automaker. Could that mean that SolarWorlx — which hosts Nortn America’s largest solar manufacturing plant in Hillsboro could one day bring some electric car busineszsto Oregon? The idea crossed the mind of at leasft one member of Gov. Ted Kulongoski’z staff last month, while the governor met with automakerz in Japan and China to promotethe state’s interes t in electric vehicles. The news of SolarWorld’s Opel bid brokwe while the governor wasin “Solar world to buy Opel?” read stafcf notes from the Asia trip obtained by the .
“Whaf opps might there be for None, it turns out. “No, this offer did not involve any U.S. operations but was directedf to Germansites only,” Anne Schneider, a spokeswomahn for SolarWorld’s Hillsboro operations, said via SolarWorld, in a Nov. 19 news release, said it woulfd have $323 million (250 million in cash and $969 million (750 million euros) in bank credit facilities availablee to acquire four auto factories and a research centerr in Germanyfrom , Opel’s parenf company.
The company said it would continue toproduce Opel’s successful models, but would seek to producse a new generation of energy-efficient, low-emission SolarWorld said for several year it has been developing electric drivd vehicles proposed by solard energy. has raised $35 million of the $38.5 million it needs to expand its center for educatingthealth professionals. , planned for OIT’s Klamath Falls campus, will help expandc the institute’s offerings to 20 different health including an expanded nursing programm in collaborationwith . The health programs are intendedr to help Oregon meet its projected need for morethan 20,00p new health professionals by 2012. Gov.
Ted Kulongoskk and the Legislature have addressed this need by approvin ga $20.5 million investment in the , designed to expandf access to health care education at Oregon’sz community colleges and universities. Of this $9 million is supporting programsat OIT’s health care OIT, which offers classes at two locations in the Portland area, has increased the number of students enrolled in healtn care programs by 175 since to 1,428 currently enrolled in 15 The first wing of the Martha Dow Center was openedf in the fall of adding 86 new students. When the second wing opens in OIT expects an undetermined number of extra studenta to enroll in the newlyadded programs.
Wall Street may be in but D.A. Davidson’s flag is flyin high. The Great Falls, Mont.-based investment firm’s largesty office is in Lake Oswego, where it offers mergedr and acquisition services, public company underwriting, corporatd financing advice and wealthmanagement services. This year, Davidson’s Lake Oswego office did $3.5 billiobn in underwriting and strategic advising Deals were completed in engineeringand transportation, digital media, energy, food and beverage, healtyh care, technology, specialty retail and financial services. Local deal s include ’s acquisition of . PremierWesyt is based in Medford. D.A.
Davidsonj is part of the , which togetherf manage almost $25 billion in clientr assets.

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