|| Print ||
|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.”
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Taxis Uber Alles?|
|Powerlist: Staffing Firms|
|Zillow to acquire Trulia for $3.5B|
|Dollar Tree to buy Family Dollar|
|Facebook revenue surges 61%|
|Walmart unexpectedly fires CEO|
|GM profit declines 80%|
|Study: Dogs can feel jealousy|
|Boeing profit surges 52%|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.