|| Print ||
|Articles - Jan/Feb 2012|
|Thursday, January 19, 2012|
Page 2 of 2
Erickson’s fleet of 17 helicopters has also installed 8,000 miles worth of power transmission lines, delivered snow for the 2010 Winter Olympics in Vancouver, B.C., and installed many of the ski lifts at major resorts around the U.S., including the newest lift at Mt. Hood Meadows in the fall.
Erickson is unique among the other members of the consortium in that it is also a manufacturer of helicopters, the Erickson S-64 Aircrane. The company’s manufacturing facility in Central Point, which employs 300 of Erickson’s 400 Oregon workers, can build four of the helicopters per year. It has manufactured 32 to date. In 2010, revenue from Erickson’s manufacturing, maintenance and services topped $118 million.
In November, the company announced it was laying off 119 employees, most of them in Central Point, in order to cut costs, and in December, it reaffirmed its plan for an initial public offering, through which it hopes to raise $75 million.
Several of Oregon’s helicopter companies have also turned to aircraft maintenance as a way to grow their revenue. Columbia, for example, recently invested about $4 million in an engine overhaul and testing facility at its location in Aurora that will expand its maintenance capabilities. The company already works on not only its own aircraft, but also those of foreign nations such as Thailand, Singapore and The Netherlands.
The seven companies came together under the heavy-lift consortium in 2006 in part as a response to missed opportunities during Hurricane Katrina. But the consortium is also helping to unify an industry whose major players all face similar issues, whether it be a lack of workforce training options or bureaucratic red tape from the likes of the Federal Aviation Administration that slows down operations.
“There’s been times when we’ve had ships grounded in Afghanistan for months because of governmental procedures,” says Elise Bair, director of business development for Evergreen Helicopters in McMinnville.
“It’s insane the way the FAA inhibits the growth of the aviation industry,” says state Sen. Betsy Johnson, D-Scappoose, who was a working helicopter pilot herself for 20 years. “These companies make Oregon proud, but the federal partners are a drag on the entire industry.”
Oregon helicopter companies would like to see FAA regulations loosened up a bit to help facilitate their businesses a little more. They’d also like to have more training opportunities for aircraft mechanics and pilots, and through the consortium, they’re also working on agreements with agencies like Oregon Emergency Management on possible contracts for emergency response operations.
“We really see excellent opportunities for growth for our helicopters and for the industry in general,” says Columbia’s Petersen.
Wednesday, September 30, 2015
BY LINDA BAKER | EDITOR
The media coverage about Pope Francis must have put me in a Biblical frame of mind. Because after touring the latest phase of the South Waterfront development, a mind boggling 1.5 million square feet of office and retail space that will spring up north of the aerial tram over the next few years, I couldn’t stop thinking about the massive project as a modern day creation story.
Thursday, November 12, 2015
BY LINDA BAKER
Raye Miles, a 17-year taxi industry veteran, lacked the foresight to anticipate the single biggest trend in the cab business: breaking the law.
Thursday, October 08, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Based on several metrics, Oregon has one of the lowest performing K-12 education systems in the country. Teacher compensation is part of the problem.
Wednesday, October 28, 2015
BY AMY MILSHTEIN
Oregon's first generation of food entrepreneurs created a brand based on quality and craftsmanship. Can the second generation sustain it?
Tuesday, November 03, 2015
Two trends dominate the manufacturing sector: onshoring and the rise of small-scale production manufacturing, known as the "maker economy."
Wednesday, October 28, 2015
BY KIM MOORE
A conversation with Patrick Curran, CEO of CareOregon.
Wednesday, October 28, 2015
BY JACOB PALMER
Molly Rogers believes she has found the solution to excessively syrupy cocktail mixes. She first just needs people to understand her product isn’t foliage.
|The Love Boat|
|The Food Pod Grows Up|
|The High Road|
|Tinker, Tailor, Portland Maker|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.