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|Archives - July 2008|
|Tuesday, July 01, 2008|
Oregon’s top private companies diversify to stay ahead of the downturn.
By Ben Jacklet
Frank Foti sprints up a flight of rusty stairs to a gritty rooftop with a panoramic view of Portland’s shipyard. Down below, workers in hardhats are pedaling bicycles from one job site to the next, through a maze of huge cement blocks, oil drums, spools of wire, pipes and beams. The air resonates with a purposeful hum of ventilation systems, forklifts, trucks and cranes. A half-dozen boats are docked for repairs, including a dredge ship, a tugboat, a tour boat and several military vessels. A huge new barge, the 360-foot, 6,000-ton Maka’ala, is nearly ready for launching.
Fortis also has invested heavily in sustainability, with a large percentage of LEED-certified green building specialists and a goal to gain eventual accreditation for all managers and superintendents. These green credentials have helped Fortis benefit from the latest wave of commercial and public works projects in Oregon.
But it is unclear how long the money will keep flowing. As a hedge against an eventual slowdown, Fortis is aggressively pursuing technology data centers, which store servers for companies expanding their Internet capabilities. David Aaroe, executive vice president, explains that these buildings appear simple from the outside but are incredibly complex inside.
One of Columbia’s main competitors for future firefighting contracts will be Evergreen Aviation (No. 9), another perennial front-runner on the Private 150 list. After investing more than $50 million in research and 20,000 engineer hours, Evergreen has begun marketing its massive new firefighting “supertanker,” a Boeing 747 retrofitted with water nozzles to blast huge volumes of liquid onto forest fires. This new approach to firefighting represents the latest innovation for the one-of-a-kind McMinnville-based company that specializes in everything from unmanned aerial drones to hazelnut shells.
Even the king of the Private 150 has had to diversify to stay on top. Closely held Jeld-Wen, headquartered in Klamath Falls, rose to the top of the list in 1996 after years of double-digit growth and has stayed No. 1 ever since, building name recognition through a sponsorship spending spree targeting Australian Rules football, NASCAR, an OHSU leukemia research program and, of course, golf. Millions of television viewers see ads touting Jeld-Wen’s doors and windows while watching the Jeld-Wen Tradition and the Player’s Championship. Jeld-Wen also has deepened its expansion into the leisure business, opening a huge new water park at its destination resort in Idaho and an upscale resort called Suncadia in Washington where homes are selling for up to $3.25 million.
Gresham-based Allegro Media Group (No. 101), which matched Fortis Construction’s 108% sales growth, is another case study in strategic adaptation. The Gresham-based entertainment distribution company has quadrupled its business over the past five years to $100 million in sales and 100 employees by delving into every genre of music imaginable, from classical to New Age to indie rock, distributing digital music and videos through major Internet sites as well as CDs and books on tape through Wal-Mart, truck stops, Nordstrom and other retailers.
Between its new 131,000-square-foot facility in Rockwood, its recent acquisition of a company that specializes in marketing music and videos to the Armed Forces and a new infusion of $37 million in equity, Allegro is well positioned to avoid the misfortunes plaguing less nimble players within the music and entertainment industry.
Thursday, March 26, 2015
BY LINDA BAKER
Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.
Wednesday, April 15, 2015
BY GARY CONKLING | GUEST BLOGGER
Avoiding a crisis is a great way to burnish your reputation, increase brand loyalty and become a market leader.
Tuesday, March 10, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Baseball is returning to Portland and city officials are hoping economic opportunity comes with it.
Friday, March 27, 2015
BY AMY MILSHTEIN
As baby boomers sell their businesses, too many forget the all-important succession plan.
Wednesday, April 01, 2015
BY LINDA BAKER
Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Monday, February 23, 2015
Yeah, we know: Oregonians are way too cool for umbrellas. But today’s stylish, high-tech models will soften the resistance of the most rain hardened.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.