Athletic Shoe Giant's Expansion Plans Could Provide Economic Benefit

By Jim McCoy Mon 10th December SportsNike
Nike wants to expand its Oregon operations and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code. Gov. John Kitzhaber says he'll call the Legislature into session Friday to create a law to give Nike its promise. The governor did not release information about the company's expansion plans. But he says the $440 million project would create 2,900 construction jobs with an annual economic impact of $2 billion a year. Nike Inc. has its headquarters in Beaverton. Company officials could not immediately be reached for comment. The Legislature is due to meet in its regular annual session beginning Jan. 14, but Kitzhaber says Nike needed certainty sooner. He says the company is being wooed by other states.

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