Local Assets

Oregon based businesses enjoy financial benefits designed to make running a company easier and more successful. Oregon has a stable and predictable workers' compensation system that delivers excellent results for both workers and employers. From 1990 to 2011 the rates decreased 62.8% and remain the 11th lowest in the nation. Our ports and transportation of goods are streamlined for leading efficiency. Oregon's tax system favors you. There's no sales tax, inventory tax, state business or occupations tax. Energy costs are also low, up to 50 percent lower than those of our southern neighbor. In fact, Oregon is in the lowest 25 percent of overall business costs in the nation. So thriving here isn't a matter of if, it's a matter of when.

Klamath County has some unique assets as well. Read on . . .


ANNUAL OPERATING COSTS
STANDARD MANUFACTURING

Metro Area Employee Payroll Fringe and
Mandated Benefits
Utilities Building and
Lease Payments
Property Tax Total
Operating
Klamath County $7,342,900 $1,993,801 $196,076 $1,249,950 $184,005 $10,966,733
Reno $7,907,120 $2,219,248 $286,458 $1,334,580 $200,942 $11,948,348
San Jose $9,093,240 $2,607,348 $241,230 $2,049,147 $237,801 $14,228,765
Where did this information come from? Check the detailed report [PDF - 96K].

KCEDA Spearheads Development

The Klamath County Economic Development Association

In 1975, a group of dedicated citizens from the private and public sector decided something had to be done to enhance Klamath County's economic development potential. These leaders were concerned about Klamath's future especially regarding diversification and opportunities for young people. The result was KCEDA.

KCEDA has served as "lead" for economic development contact for 37 years. KCEDA is a unique organization, reflecting the best of private responsibility and public dedication. Its mission: to provide, through tailored recruitment and retention/expansion programs, new opportunities for jobs, a diversified, value-added industrial base and expanded economic development.

KCEDA's staff and executive committee duties include targeting and marketing Klamath County for new business and reporting back to various business and public leaders on its efforts. Part of KCEDA's responsibility includes analysis of our livability and workability - those aspects that make a person or business stay, expand or locate here.

An increasingly important role for KCEDA is providing staff and project "leads" to TEAM Klamath, a term given to representatives from Klamath County, the City of Klamath Falls, Oregon Institute of Technology, Klamath Community College, Lake Employment Training Institute, Klamath Community Development Corporation, Klamath County Chamber of Commerce, and the Oregon Business Development Department (our state partners). By all working in concert, TEAM Klamath has been able to avoid duplication, maximize cooperation and ensure the best utilization of scarce funds for all its endeavors.

Industrial development in such high tech endeavors as fiber optics, software development, the Lane/Klamath Fiber Consortium (a private project), and precision machinery include: NEW Corporation, Thermo Pressed Laminates, Sturdi-Craft, and Electro Scientific Industries. Most of these endeavors have been developed cooperatively with Oregon Institute of Technology (OIT) which has the "first hired and highest paid" students of any public university in Oregon.

KCEDA has many important priorities for the future of Klamath County. In addition to industrial development, it is committed to enhanced telecommunications and transportation, "value-added" agriculture, increased commercial development, and small business assistance throughout the county; and working with our neighbor to the east - Lake County - in supporting a South Central Oregon Economic Development District.

If you are interested in finding out how TEAM Klamath can assist your business please contact L.H. "Trey" Senn, Executive Director.

REGIONAL PROGRAMS

The Klamath County Economic Development Association helped forge a strong partnership between Klamath and Lake Counties. With KCEDA's assistance the two counties successfully formed one of the first recognized regional partnerships in the state. That partnership evolved into the South Central Oregon Economic Development District in 1999. The board, representing both counties, rotates its regular meetings between Klamath and Lake County locations. At each meeting the board of directors addresses such important issues as telecommunications infrastructure and capacity, transportation, planning, community services, and business development.

In addition to their role as the South Central Oregon Economic Development District, board members also serve as the South Central Oregon Area Commission on Transportation giving the region distinction and credibility in state transportation decisions.

FINANCIAL PACKAGING

One of the most difficult hurdles all businesses face is accessing appropriate financing and adequate capital resources. KCEDA is dedicated to helping all businesses, large and small, throughout the county by guiding businesses through the range of financial products available. There are a variety of ways to pair public and private dollars to best serve the financial needs of businesses. KCEDA staff can work with individual private businesses to determine if there is a public loan program available to help with unique capital needs.

KCEDA works hand-in-hand with the Small Business Development Center at Klamath Community College and other partners including Oregon Business Development Department and the Small Business Administration to provide assistance for development and growing businesses. For more information please contact L.H. "Trey" Senn, Executive Director.

AGRICULTURE AND ECONOMIC DEVELOPMENT

Agriculture has been designated as the main focus for the South Central Oregon Economic Development District (SCOEDD). Ever-changing agricultural markets and the need for economic diversification present a new opportunity for economic development within the two-county area.

Currently, there are two types of value-added agricultural markets being recruited to Klamath and Lake counties. The first, greenhouse and aquaculture farms, utilize the area's unique geothermal water as a source of heat. The industry also benefits from the region's 300+ days of sunshine annually.

The second agricultural market opportunity is dairy processing. Such a facility would utilize the dairy production of the two-county area, while encouraging a new market - organic dairy farming. Organic dairy production is safe for the environment and brings a premium price for its products.

These are just a few examples of what SCOEDD is trying to accomplish for Klamath and Lake Counties. Diversification and marketing of this unique and highly productive area constitutes the efforts SCOEDD is putting forth to sustain agriculture in the two-county area. For more information contact SCODD staff.