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|Articles - April 2012|
|Thursday, March 22, 2012|
Page 5 of 5
Five years after the collapse of the housing market, Neil Kelly is slowly getting back on its feet. Although Kelly declined to reveal total gross revenues, the employee count is now up to 160, with much of that increase dedicated to the new Seattle location and the Home Performance division, which in 2012 is expected to bring in $6 million, double 2009 revenues. In Bend, Kelly’s remodeling business is up 23%, 53% in Eugene.
As sales rebound, Kelly aims to grow the company into a regional remodeling firm, with a Seattle showroom debuting this fall. It’s a legacy project he hopes to pass on to his son, Garret, 21, a student at Portland State University who has expressed interest in third-generation ownership. Kelly sees an employee stock ownership plan as another option.
Remodeling is a tough business. It requires going into people’s homes, never knowing what’s behind the walls, and often competing with people who work out of the back of a pickup truck. In a chaotic industry, Kelly has built a business of national stature that not only reflects Kelly family values but also serves as a mirror of Oregon — solid, dependable, but with ambitions for something better. Whether the state retains those values today is a matter of some debate, but Kelly, who laments the state of higher education funding in particular — “in many ways we’re going backwards” — remains unflagging. In December, when The Oregonian published an article criticizing the high cost of the proposed Oregonian Sustainability Center, he fired off a letter to the editor focusing on the bigger picture. “The OSC is not a real estate project,” he wrote. “It is a proposed state of the living laboratory, a university research center and a showcase for Oregon’s ultra-efficient building sector.”
In true Kelly fashion, not all his civic involvement projects are so grandiose or cutting edge. On a recent morning, Kelly and sales vice president Randy Hudson were stooped over the trunk of the former’s Lexus hybrid, picking out meals to deliver to homebound seniors.
“There are so many causes in this world,” says Kelly, who drives the same meals-on-wheels route his father pioneered 40 years ago. “This one is straightforward: nutrition and social interaction for shut-ins.”
The first part of that assessment applies as much to the man as it does Loaves & Fishes. No matter how big or small the cause, Kelly’s estimation of his life and his role in the community is disarmingly direct.
“How do you develop self-worth in this world?” he asks, simply. “Business is just a huge lever for that.”
|Thursday, February 27, 2014|
BY ERIC FRUITS
Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.
|Thursday, February 13, 2014|
BY JASON NORRIS | GUEST CONTRIBUTOR
Investor returns in January usually predict what the returns will be for the entire year. The Seahawks win may offset this calendar trend.
|Wednesday, January 08, 2014|
BY WIM WIEWEL | OP-ED CONTRIBUTOR
Oregonians this year will see a seismic shift in how public higher education operates across the state, bringing changes that I hope will help our students succeed and allow our economy to grow.
|Wednesday, December 11, 2013|
BY HANNAH WALLACE | OB BLOGGER
The movement to label genetically modified foods suffered a major blow last month with the defeat of ballot measure 522 in Washington state, which would have required manufacturers to label foods containing GM ingredients. So what does 522‘s defeat mean for the GM-labeling efforts in Oregon?
|Tuesday, February 25, 2014|
Brad Smith, founder of Hot Pepper Studios, and Travis Boersma, president of Dutch Bros. Coffee, share their recent reads.
|Tuesday, January 07, 2014|
BY MICHAEL BECK | OB BLOGGER
Many organizations recognize the importance of improved engagement, but the result of their efforts to improve engagement are generally poor because they are misguided.
|Tuesday, February 25, 2014|
BY BRANDON SAWYER
Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.
|The more they change, the more they stay the same|
|The 2014 List: The Top 33 Large Companies to Work, For in Oregon|
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|The 2014 List: The Top 33 Small Companies to Work, For in Oregon|
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|U.S. adds 175,000 jobs|
|Bitcoin creator revealed|
|Staples closing 225 stores|
|EU to offer aid package to Ukraine|
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