Target Industry Development

Overview and Strategy

Industry overviews and action plans for 2006-2007

The 2002 Economic Development Strategy for the City of Portland looks to the Portland Development Commission (PDC) to take the lead for business retention, expansion, and recruitment activities and to support key industries deemed to be of pivotal importance to the City’s current and future economy.

A target industry cluster is a group of firms that, through their interactions with each other and with their customers and suppliers, develop innovative, cutting-edge products and processes that distinguish them in the marketplace from firms in the same industry found elsewhere. Clusters interact in ways that establish competitive advantages through the creation and incorporation of new knowledge into products and the processes that produce them.

Target industries are part of the traded sector, meaning that they sell to markets outside the region, bringing new money into the community.

PDC focuses staff and resources on the following target industries:

• View the fact sheets for each of these listed industries.

• Activewear/Footwear/Outdoor Gear
• Biosciences
• Creative Services
• Distribution and Logistics
• Food Processing
• High Tech
• Metals & Transportation Equipment
• Sustainable/Energy
• Professional Services

A Strategy for the Future

PDC's strategy for our future economic vitality has two central goals:

• To facilitate the growth and diversification of business activity that creates jobs, income and wealth, and
• to create investment that generates municipal revenue to fund the provision of facilities and services that maintain and enhance our quality of life.

Learn more about the City of Portland's Economic Development Strategy

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