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|Articles - April 2012|
|Thursday, March 22, 2012|
BY DAN MCMILLAN
Giant Loop’s founders set out to make motorcycle saddlebags that are functional and rugged, that look good strapped to a motorcycle and that would find an immediate audience among motorcycle adventurers worldwide. So far, the founders are three for three.
The Bend company’s line of saddlebags, tank bags and other accessories are made of a 22-ounce, extra heavy-duty vinyl coated polyester wrapped in ballistic-strength Cordura nylon and held together with highstrength straps and clips, says co-founder Dave Wachs. Wachs and co-founder Harold Olaf Cecil took their inspiration from the gear used by outdoor enthusiasts in Central Oregon. In fact, friends at Bend-based Metolius Climbing, which is best known for its rock climbing harnesses, helped the pair design and build their prototype products.
The goal, says Olaf Cecil, was to make “an internal-frame backpack for a motorcycle.”
“Everything available looked super dorky, but motorcycles are really cool,” Wachs says. Rather than big, bulky bags, Giant Loop focused on slim, sleek bags that don’t affect the performance of the motorcycle.
As for sales, the company went live with its retail website in September 2008 and sold its first bag within two hours of opening. Today, the company has 120 dealers nationwide and another eight international distributors. Giant Loop, which takes its name from the term for a long-distance motorcycle tour that begins and ends in the same place, now has eight products and has added two full-time employees.
Giant Loop was profitable from the first day by necessity as much as by choice. The company has no line of credit, no loans and no outside investors. What it does have is an enthusiastic customer base that inspires Wachs and Olaf Cecil to keep coming up with new ideas. Just don’t expect anything dorky.
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA
Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?
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Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
Friday, July 10, 2015
BY AMY MILSHTEIN
When gossip crosses the line.
Wednesday, August 19, 2015
BY BRIAN LIBBY
Ben Kaiser holds his ground.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
Friday, July 10, 2015
BY GREGG MORRIS
Rita Hansen aims to scale natural gas vehicle innovation.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.