Featured Stories

Other Pamplin Media Group sites


Crane company to build headquarters near airport

Share

Triad Machinery, which sells and services cranes for the forestry industry, is seeking to buy city-owned land on Northeast Airport Way east of Interstate 205 to erect a corporate headquarters that would host 55 jobs.

Triad has offered to buy two lots owned by the Portland Development Commission for $1.6 million.

Triad expects to spend $5 million or more to build a 30,000-square-foot office building, equipment service center and storage yard.

PDC bought the site in 2003, as part of a larger property costing $7.2 million. PDC later invested $1.7 million for infrastructure improvements, and sold off parcels as buyers emerged.

The property, now called Riverside Parkway Corporate Center, resulted in $40 million worth of private investment, which supports about 500 jobs. That includes a large site occupied by Danner/LaCrosse boot maker.

The PDC Board of Commissioners is set to approve the sale at its meeting on Wednesday.