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|Articles - July/August 2013|
|Monday, July 08, 2013|
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The industry began to revive around 2005, says Hal Hockema, a naval architect for Seattle-based Hockema & Whalen Associates. The favorable exchange rate for U.S.-caught fish and the premium on wild salmon made commercial fishing a lucrative occupation once again, as did the strategic fisheries management via federal- and state-set quotas.
“Wahl stayed with it while others dropped out, and now that the market is coming back, he’s in a good position to meet it,” Hockema says. “He’s kind of a last man standing.” Staffed by about 75 employees, Fred Wahl’s shipyard can construct a boat in six to seven months and, unlike most others, fabricates all its own tools from scratch, welding together everything from cranes to anchor winches to shaft couplings.
Wahl’s specialty boat to date is the Arctic Fox, a 58-foot design he developed in 2007 and has replicated a dozen times. The seiner fits the regulatory length limits of Alaskan fisheries but compensates by being as wide and deep as possible.
Commercial fisherman Matt Giambrone, whose 58-foot Magnus Martens is one of the three new boats headed for Alaska this season, says the design squeezes maximum performance out of the length limit. The boat can hold a lot of gear and 200,000 pounds of fish at once, which reduces the number of port trips needed to unload.
“It used to be, to pack that much fish, you’d be looking at a boat that was 80 feet long,” Giambrone says.
To meet a need he predicts will arise in coming years, Wahl recently designed and built a 114-foot stainless steel crabbing vessel called the Victory. His largest boat yet — and hopefully (depending on demand) a prototype for many more to come — the Victory will take on the Bering Sea this summer.
While Wahl’s shipyard is currently busier than ever, Wahl’s son Mike, who started as a purchasing agent when he was 20 and now oversees the yard day-to-day, says he cannot predict what the future will bring. He does know one thing for sure, though: “The good old days are right now,” he says. “We’re rolling through them.”
Wednesday, November 26, 2014
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.
Thursday, November 20, 2014
BY JASON NORRIS | OB CONTRIBUTOR
Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).
Wednesday, October 22, 2014
BY KIM MOORE
Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:
The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace.
Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.
This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay.
Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.
New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”
That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
Saturday, December 13, 2014
The president of LaPorte & Associates lets us in on his day-to-day life.
Thursday, December 11, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask business and nonprofit leaders how they survive the season.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Debate surrounding Washington-Oregon I5 span heats up|
|Watchdog group takes issue with timber company's 'green' label|
|Labor dispute at the ports slowing Christmas deliveries|
|Fed stresses 'patience' regarding interest rate|
|Obama to announce end of Cuba isolation|
|Energy prices drop cost of living in US by most since 2008|
|Russia's attempt to slow ruble freefall fails|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
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How sports tourism is driving economic growth and making cities across Oregon a better place to live.
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Through its support of the arts, the Cultural Trust is strengthening the business community.
Heed the morals of these seminal holiday stories in your everyday life.
Amy will practice in the firm's Business, Real Estate, and Tax practice groups.
While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.