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|Articles - June 2011|
|Wednesday, May 18, 2011|
Midway between signing a 10-year purchasing agreement with Hanesbrands and closing a development deal with Levi’s, a very pumped up and busy Ken Barker stopped into a downtown café recently to talk flax.
During the previous chapter of Barker’s career he was head of apparel of Adidas North America in Portland. Now he is CEO of Naturally Advanced Technologies, a small company with global aspirations. When Barker first got involved in NAT as an investor it was a hemp company based in Vancouver, B.C., using enzymes to break down fibers into fine strands. Now it is using the same technology on flax to make a patented material softer than linen and cheaper than cotton.
That’s right — cheaper than cotton. A spike in cotton prices has propelled Barker’s small company into a strong position. The deal between NAT and Hanesbrands brought coverage from the Wall Street Journal and Marketplace radio and sent stocks soaring for both businesses.
“We are talking to leaders in denim, sportswear, bed and bath, disposable drapes, and gowns for the medical industry,” Barker said. “There isn’t a category out there we’re not engaged in. Because everyone is faced with the same dilemma" of rising cotton prices.
Barker expects to produce 400,000 pounds of CRAiLAR flax per week at facilities in South Carolina and Manitoba, Canada, by the end of 2011. His plan involves growing flax in South Carolina, buying it from farmers in North Dakota and potentially planting new crops in the Willamette Valley. Barker’s strategy is to build CRAiLAR into a brand as ubiquitous as Lycra or Gore-Tex, and to introduce it into a global system he knows well.
“The supply chain for us to ship fiber into manufacturing regions around the world exists currently,” he said. “All the major brands we’re working with are saying, fine, ship it to Karachi, ship it to India, ship it to China. It’s exactly the same process.”
Friday, October 02, 2015
BY KIM MOORE
Our intrepid (and expecting) research editor finds the child care search involves long waiting lists, costly fees and no certainty of securing a place before she goes back to work.
Monday, September 28, 2015
BY TIM NEVILLE
A Power Lunch at Zydeco Kitchen and Cocktails in Bend.
Tuesday, September 15, 2015
BY LINDA BAKER
The 2016 presidential election is shaping up to be the year of the outsider, with Bernie Sanders and Donald Trump capturing leads in the polls and the headlines. In Portland, Wheeler vs. Hales is bucking the outlier trend.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
Thursday, October 01, 2015
PHOTOS BY JASON E. KAPLAN
Images from the big 2015 celebration of worker-friendly organizations that make a difference.
Thursday, October 08, 2015
BY LINDA BAKER
In an era dominated by self-promotion and marketing speak, John Bradley, CEO of R&H Construction, is a breath of fresh air.
Wednesday, August 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
One of the hottest new investment trends has proven quite lucrative for some companies.
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