JULY 2007: THE PRIVATE 150
Revenue and jobs up
Growth is the game
The billion-dollar club got a little bigger again this year as
two new companies joined the top ranks of the Oregon Business Private 150. This
was the second year in a row that the number of companies
reporting annual revenues of more than $1 billion grew.
Portland-based construction heavyweight Hoffman Corp. jumped
from No. 10 last year to second place on this year’s
list, just behind window-and-door behemoth Jeld-Wen, the
perennial No. 1 on the list. The other new company to break the
billion barrier is Vesta Corp. The Portland virtual-payment
company was No. 13 last year.
Overall revenue growth and job growth were an important aspect
of the Private 150, researched and compiled by Oregon Business research editor
Brandon Sawyer, and sponsored by Associated Business Systems.
The 2007 total revenues of $41 billion were about $4 billion
more than 2006. The average revenue growth for the 138
companies that are on both this and last year’s lists was
10.8%.
Job growth among the Private 150 was up this year. The total
number of Oregon employees at the Private 150 grew by about
1,200 over last year. That employment growth mirrors the
improved job picture in the state for the past year. The
Private 150 companies employ about 4% of the total state
workforce.
Forest product companies dominate the list, along with
construction companies; at 45 companies in the combined
categories, they comprise nearly one-third of the
list.
The youngest company on the list is Portland-based Fortis
Construction (No. 144), which was established in 2003. Collins
Companies (No. 43), a wood products manufacturer in Portland
that was founded in 1855, once again is the senior member of
the list. Just proves that the youngsters have to work that
much harder to beat the senior members of the Private 150.
— The editors
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101-150...
Go to alphabetical index and
footnotes...
The Private 150 by region
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Total revenue reported by the Private 150:
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$41.1 billion
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Average revenue reported by the Private 150:
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$274 million
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Average revenue growth reported by the Private 150:
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11%
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Average number of Oregon employees:
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427
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Total number of Oregon employees:
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63,132
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Total number of employees worldwide:
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142,269
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Number of new companies in the Private 150:
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12
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The Private 150 by sector
Associated Business Systems is the sponsor of Oregon Business' Private 150 list.
