agreement ensuring the company is taxed
25 September, 2014 at 3:52 am in Construction
just as it had planned for
Back to Main MenuBusiness News HomeFront PorchIt Only MoneyOregon the EconomyPlaybooks ProfitsSilicon ForestWindow ShopStock Market ReportBusiness Public BlogBack to Main MenuVideos from the OregonianVideos from The Beaverton LeaderVideos from the Hillsboro ArgusVideos from The Forest Grove LeaderYour VideosBack to Main MenuThe StumpEditorialsLetters to the EditorMy OregonOpEdElizabeth HovdeTim NesbittDavid Sarasohn"Make It Count," Nike said at the beginning of 2012. And did it ever by the end of the year.The Oregon based sports giant introduced several digital products to its growing array, starting with FuelBand in February, an exercise counting wristband that accompanied the "Make It Count" slogan. Then there were sensor enabled sneakers, exercise apps updates and Nike+ Kinect Training, an Xbox 360 video game.The world's largest sporting goods company played that global big man on campus role to the hilt the rest of the year, whether it wanted to or not.The company introduced the world to Flyknit, the woven upper shoe with sustainable features and multiple possibilities that figures to test to judge by Chief Executive Mark Parker's enthusiasm for the stuff the public's perception of what footwear is all about.For an encore, it rolled out its line of NFL jerseys and other apparel, the first step in its five year contract with the league.From there, Nike and its sponsored federations and athletes steamrolled into the London Summer Games. The caravan was fueled by a YouTube commercial that achieved that rarely executed dual feat of inspiring the athlete within while deftly tweaking the nose of Olympic officials. Nike sponsored athletes took home the vast majority of the hardware. The Greek goddess of victory was on one side of the medal handed out to all athletes, including those sponsored by rival brands.Paterno's name was removed from a child care center on the Nike World Headquarters campus following the release of an investigation by former FBI Director Louis Freeh that made clear Paterno knew of former Penn State assistant football coach Jerry Sandusky's sexual abuse of children, yet did nothing. Anti Doping Agency produced a report detailing the cyclist's use of performance enhancing drugs. His name was dropped from another building on the Nike campus. Nike's Livestrong Brand, however, remains.Stockholders enjoyed a year in which their shares hovered near $100 and a record high. That was stock split territory, and the company's board of director's approved one that took place in December.For Oregon residents, all that was a prelude to their front row seat for true muscle flexing by their local Fortune 500 company.Gov. John Kitzhaber and the state Legislature rushed to comply with the company's surprise end of the year request to achieve tax certainty for the next 30 years. Kitzhaber, in exchange for Nike's promise to invest $150 million in a capital project that will produce 500 jobs, signed an agreement ensuring the company is taxed only on the portion of its sales inside Oregon. Where will Nike build? wholesale jerseys china The guessing game is so on.In another corner of Washington County, cold weather loving Columbia Sportswear Co. introduced more warm weather apparel, while hoping that this year's winter doesn't mimic last year's season.An era ended for locally owned Danner Boots when a Japan based company bought its parent, LaCrosse Footwear Inc. And cross town LaCrosse competitor Keen Inc. moved into its own five story Pearl District headquarters, leaving a leased space down the street.