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|Articles - July 2011|
|Wednesday, June 22, 2011|
Kirkman Group president David Humphrey says he prides himself on the purity of the food supplements his company makes in Lake Oswego and sells globally. So it bothered him profoundly to have to recall several products in December 2009 after learning they were contaminated with antimony, a toxic chemical.
“We can’t be preaching on being a great company, watching out for stuff, and having a heavy metal in one of our products that might harm children,” says Humphrey. So Kirkman spent about a million dollars on dealing with the recall, then spent another $2 million on a long-term solution: a lab across the street from headquarters with mass spectrometry machines to identify and analyze potential contaminants in ingredients used to make the enzymes, probiotics and vitamin pills that Kirkman sells.
Questionable ingredients in over-the-counter “nutraceuticals” have become a vexing problem in a loosely regulated $26 billion industry. Humphrey, who does not shy from hyperbole, says contaminants in supplements have resulted in “hundreds if not thousands of deaths.” Most of the ingredients for these products come from overseas, where oversight is lax or nonexistent, and when they enter the United States they are not tested.
Humphrey says Kirkman’s new testing protocol goes far beyond what the Food and Drug Administration requires. He argues that testing ingredients carefully could improve standards in the industry, at a minimal cost. “For 50 cents a jar, you could test everything,” he says. “If the suppliers know we won’t buy contaminated product, they won’t ship it.”
Kirkman specializes in supplements for people with dietary restrictions and environmental sensitivities. The company has a history of selling to families with autistic children, although its catalog contains an oft-repeated disclaimer that products are “not intended to diagnose, treat, cure or prevent any disease.”
Humphrey took over the family business from his father 10 years ago, growing revenues to over $12 million and jobs from five to 100. About 20 employees work in the new testing lab. Humphrey says the new lab represents “a challenge to other companies in this business to do the same thing.”
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
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.
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