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|Articles - September 2013|
|Monday, August 19, 2013|
Page 1 of 4
BY LINDA BAKER
"I know it’s kind of Portlandia-ish, but it’s a really good thing for me.” Brian Faherty, founder and owner of Schoolhouse Electric & Supply Co., is sitting in what he refers to as his “digital-free room,” a refurbished shipping-foreman’s office located in the company’s headquarters in Northwest Portland’s industrial district. No cell phones or digital devices of any kind are allowed inside the small space, which features brick walls, a wood stove and an axe, artfully buried in a stack of logs.
It all looks very Little House on the Prairie. “It does, doesn’t it?” responds the 49-year-old Faherty, his face lighting up. He pulls out two bottles of Bolle water, encased in a sleek glass design. “It’s my favorite water,” he says. “The bottle is kind of cool.”
Faherty sits at the helm of Schoolhouse Electric. But he is the first to tell you his passion is design, not business. He’s also the first to tell you, digital-free room notwithstanding, that he isn’t interested in copying the past. On the contrary, Faherty has spent the past 10 years transforming his nostalgia for an earlier era into a business that is decidedly future oriented. Founded in 2003, Schoolhouse Electric has grown from a small shop reproducing period light fixtures into a national housewares and furnishings brand that grew 70% last year and is on track to grow 30% in 2013.
Today, as the company celebrates its 10th anniversary, Faherty is at a crossroads — a business crossroads. “We’re in the rapids right now,” he says. “We’re experiencing a lot of velocity and it’s hard.” It’s a challenge that goes beyond managing the company’s accelerating growth. A Portland native and one of a signature breed of humble and self-effacing Oregon businesspeople, Faherty is driven by another imperative: to implement workplace and business practices that are as durable and useful as the interior furnishings the company sells.
Increasingly, that effort focuses on support for homegrown manufacturing and a call for local and state governments to move beyond what Faherty perceives as a narrow business retention and recruitment focus on green and tech industries. “How many app companies can you have?” Faherty asks. “Really, is that the future?” The City of Portland, he says, should target the “local maker movement, putting smaller companies like ours together, investing in us and what we can use.”
“Think what that could do to the local economy and manufacturing.”
Wednesday, August 19, 2015
BY BRIAN LIBBY
Ben Kaiser holds his ground.
Tuesday, August 04, 2015
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
Friday, July 10, 2015
BY AMY MILSHTEIN
When gossip crosses the line.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Monday, July 13, 2015
BY SAM BLACKMAN
Storyteller-in-chief with the CEO and co-founder of Elemental Technologies.
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