Bent, crunched

To all things, there are limits, even in go-go places like the metros of the Oregon high desert. From the Bend Bulletin today:

Another Bend manufacturing company is leaving the city to expand elsewhere, saying Bend’s limited industrial land supply and the high prices that the land commands have priced it out of the market. . . . Light industrial space in Bend is nearly gone, economic developers say, as the city’s growth has quickly absorbed available land. While space dwindled, costs shot up, says Roger Lee, executive director of Economic Development for Central Oregon, or EDCO.

To be sure, we’re not talking about moving out of region: the story is about Ameritech Machine Manufacturing Inc., a six-year Bend firm which is planning to move to Redmond, about 20 miles away. But it is an indicator: How high can prices go before they turn around and bite?

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