Oregon Success Stories
Business Oregon Backing Helps "Green" Paint Company Grow Jobs
Since 2002, Business Oregon loans and export assistance has helped Forrest Paint Company of Eugene create nearly 100 jobs over a decade.
Western Juniper is a native tree known for its durability, is impervious to rot and disease, and is a great alternative to cedar and redwood use in buildings. More than 100 years of fire suppression and past rangeland activity has allowed the Juniper to overtake upwards of 9 million acres of rangelands, using up water and destroying habitat for wildlife.
In 2013, the Western Juniper Alliance (WJA) began implementation of an initiative working toward a sustainable way to manage the spread of invasive Western Juniper and grow the market as a way to support and create new business opportunities. Removing the invasive juniper improves the ecosystem and creates much-needed jobs in rural communities.
In the 2015 Legislative Session, the Oregon Legislature approved $500,000 to establish the Western Juniper Industry Fund managed by Business Oregon. The fund's purpose is to provide economic development assistance to Oregon businesses engaged in harvesting or manufacturing products from Western Juniper.
Loans for Capital Investment and Permanent Working Capital are available to assist with Oregon Western Juniper businesses' expansion projects.
The loan may not be used to retire an existing debt, in whole or in part.
Projects can include, but are not limited to:
No more than 10% of the fund will be available to businesses whose primary product is firewood.
A complete list of requirements is included in the Program Guidelines.
Applications will be accepted on an ongoing basis, as long as funding remains available. Download the application and Program Guidelines; complete the application and submit it to Business Oregon according to the steps and instructions outlined in the Program Guidelines.