The company said the funds will go toward “multi-year support of a new, local economic development program” being developed by a private-public partnership that includes the Prineville/Crook County Chamber of Commerce, area businesses, Crook County, the City of Prineville and Economic Development for Central Oregon.”
“We recently announced plans to relocate to a new headquarters office in Bend, Ore., by the fall of 2008,” said Les Schwab chairman Phil Wick. “We understand that this relocation will have an impact on Prineville, and this grant will be used to help strengthen economic development efforts for the local community.”
“We are committed to Central Oregon, and even with the relocation of our corporate employees to Bend, more than 800 employees will stay in Prineville, supporting an important hub of our operations,” said Wick.