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Economy News in Warm Springs, OR

Stay informed about economy news and updates in Warm Springs, OR.

Coos Bay looks to shipping as its future economic engine after decline of timber

Coos Bay is pivoting towards shipping as a key economic driver following the decline of its timber industry. The Port of Coos Bay is spearheading a significant $2.3 billion project to establish a deep-water terminal that will facilitate the transport of goods from across the Pacific Ocean. This initiative aims to revitalize the local economy and create new job opportunities in the region.