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|Articles - Jan/Feb 2012|
|Thursday, January 19, 2012|
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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.
Friday, March 27, 2015
BY LINDA BAKER
My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.
Thursday, March 26, 2015
Janet LaBar, Executive director, Greater Portland Inc.
Thursday, March 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Monday, February 09, 2015
BY MEGHAN NOLT
VIDEO: Gifford's Flowers brings family approach to PSU-area shop.
Thursday, March 26, 2015
Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
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