|| Print ||
|Articles - January 2014|
|Monday, December 09, 2013|
BY EMMA HALL
From Stumptown to silicon forest. DWFritz could be a poster child for Oregon’s industrial evolution. In 1973 Dennis W. Fritz started a one-man engineering consultancy in the West Hills of Portland focused on the booming lumber industry. By 1989 his company was doing precision automation work with Hewlett-Packard, pushing revenues in excess of $1 million for the first time. In 2010 the company now known as DWFritz Automation, Inc. shifted its entire focus to consumer electronics, landing a major contract with a large brand to provide assembly and inspection of precision automation systems. “With all the cell phone and tablet construction that’s happening in Asia, it’s important to automate these processes to eliminate labor,” says Jake VanderZanden, vice president of corporate development. “This demand for miniaturization, where human hands can’t do some of the operations has driven a demand for our services.”
The skills gap. DWFritz grew from 30 employees in 2010 to more than 100 employees today and is still hiring. Because DWFritz’s clients do a lot of Asian manufacturing, the company has a 30-person support staff dispersed in cities across Asia. But all of the basic design and principal manufacturing is done in Oregon to ensure high quality. “It’s an Oregon-founded company. Our roots are here, so we will always run our headquarters from here,” VanderZanden says. “And also, we’re just committed to jobs in Oregon, period.” Like other tech companies, however, DWFritz has struggled to find experienced software-engineering talent locally. “There tends to be a lot of talent in the Bay Area,” VanderZanden says. The company does plan to hire more junior engineers as it grows, and expects to have more luck filling that demand in Oregon. It sees promise in its partnership with the OSU robotics program, which has the third-largest robotics faculty in the nation.
Building green. Since 2010 DWFritz has quadrupled revenues. In order to accommodate such rapid growth, the company moved to a new Wilsonville headquarters featuring 20,000 square feet of office space and 50,000 square feet dedicated to manufacturing. Designed by Portland architecture firm Mackenzie to focus on sustainability and modern design, the building includes automated light switching and a kitchen with only reusable dishes. “The new headquarters is a part of attracting big-time talent, and sending a message to our clients that we’re really serious and have much more capacity now, from both a manufacturing and engineering point of view,” VanderZanden says.
Template for success. Driven by backlog from new clients, DWFritz’s growth rate is expected to continue. “We have good things to come and more people to hire,” VanderZanden says. His optimism is grounded in reality. Launched 40 years ago to accommodate the state’s homegrown timber industry, DWFritz has since evolved to meet the needs of a global, tech-based, sustainable economy. If that trajectory sounds familiar, it should. As goes DWFritz, so goes Oregon.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Gold futures drop to six-week low|
|The 'Pill' linked to breast cancer risk|
|Adidas reveals profit warning|
|Target appoints new CEO|
|U.S. economy grew by 4% in Q2|
|Twitter Q2 revenue surges|
|Pfizer results beat estimates|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.