SCAPPOOSE, Ore. (AP) — The Oregon Institute of Technology is moving forward with the purchase of a facility in Scappoose.
The Herald and News reports (https://is.gd/ET7Y8s ) that on Monday the board of trustees approved the purchase of the facility which will house the Oregon Manufacturing Innovation Center research and development center which should open in 2017.
Institute officials say funding for both the property purchase and on-going operations are in place, and progress has been made on the property purchase, upgrades, and site access.
The exact amount of the purchase is not known, but Interim Oregon Tech President Dr. Jay Kenton says the purchase has complied with the board's earlier requirement that the investment be limited in this project to no more than $1.75 million.
Information from: Herald and News, http://www.heraldandnews.com