PORTLAND -- Daimler Trucks North America announced Friday it would build a new corporate headquarters in Portland, bringing hundreds of jobs to the city.
The company made the announcement Friday afternoon at Jeld-Wen Field. The company said the move will bring 400 jobs, with an average salary of $80,000 per year, to the Portland economy. It will also consolidate workers at two different Portland offices.
The 265,000-square-foot, LEED Platinum-certified headquarters will be built on Swan Island. The building will cost $150 million and is slated for completion in 2016.
The current Daimler plant on Swan Island employs 725 union workers and makes up to 30 Western Star semi-trucks per day.
U.S. Senator Ron Wyden (D-Ore.) said it's a honor that the company picked the Rose City to consolidate its North American operations.
"That the company chose Portland is a vote of confidence in the Oregon economy, in the state’s workforce and in Daimler’s long and prosperous association with the Pacific Northwest," he said.
Oregon and Portland offered the company nearly $19 million in tax incentives for building the headquarters on Swan Island.
Bldg Daimler will build along Willamette River pic.twitter.com/6hWRU4uw8o— Pat Dooris (@PatDoorisKGW) September 13, 2013
The company also announced it would be investing more than $330,000 in donations and mentoring programs to Portland and southwest Washington schools, as part of its Education in Motion program.