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|Articles - March 2012|
|Friday, March 02, 2012|
Page 1 of 2
BY PETER BELAND
Kruger, owner of Kruger’s Farm on Sauvie Island, started as a produce manager at the now-defunct Daily Grind market in southeast Portland in 1984. Two years later he started Holiday Market in Lloyd Center and then co-founded City Market in northwest Portland in 1990 as its produce vendor. “I was on fire, I was on a run,” he says. “Then it started to erode. Zupan’s Market opened up. That hurt. Then the farmers market started to ruin our summers.” By 1996, he lost his lease to Holiday Market and was heading for disaster if he didn’t change something.
In the late 1980s and early 1990s, Kruger did a TV spot for a local news channel called Green Grocer at Noon. On the show, he visited a farm on Sauvie Island. “I thought some day it was something I might want to do,” he recalls. In 1999, Kruger ran into Dennis Grande who was retiring and couldn’t find a buyer for his 75-acre farm. “I’d never farmed before. I had a garden and it wasn’t even that good,” says Kruger of his initial scouting mission. “I walked away from it a dozen times. Ultimately I took the plunge and signed a 10-year lease.”
As Y2K fever swept the country, Kruger wrote in his journal about his desire to grow produce and then sell it in his high-end markets. But when he took on the farm, he got with it a traditional farm management plan geared toward maximum production for the commodities market.
By late 2000, he was broke after losing $150,000 that year. He sold his share in City Market and another market to pay the $100,000 he owed to produce vendors. He went bankrupt in 2002.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes.
Friday, May 22, 2015
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Mike Morrow and Mike Delos-Reyes first came up with the idea of an ocean power device 23 years ago, when they were students at Oregon State University. They realized a long-held vision last summer, when their startup, M3 Wave, successfully launched the first ocean power device that works underwater.
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Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
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