A California wind turbine engineering firm is moving its headquarters from California to Portland.
Diamond WTG Engineering & Services is owned by Mitsubishi Heavy Industries. Regional economic development agency Greater Portland Inc. said Monday that Diamond has been in the process of moving its offices to downtown Portland since 2017 and will complete the transition this spring.
Diamond said it picked Portland because of its proximity to Mitsubishi customers, access to a pool of skilled engineers, comparatively low real estate costs and the availability of nonstop flights between Portland and Tokyo.
Diamond will employ about 25 people in Portland initially and will lease 10,000 square feet downtown, enough space to potentially double its workforce. Greater Portland Inc. said the company received no public incentives.
-- Mike Rogoway | twitter: @rogoway | 503-294-7699