Home Back Issues February 2007 Tire giant leaves tread behind in Crook County

Tire giant leaves tread behind in Crook County

| Print |  Email
Archives - February 2007
Thursday, February 01, 2007

Tire.jpg

PRINEVILLE — Les Schwab Tire Centers may be moving its headquarters from Prineville, but city leaders predict the departure will have fewer economic and cultural effects than might be expected for a city of 9,000.

Schwab built the company from a single store in Prineville five decades ago to 410 stores, 7,700 employees and $1.6 billion in 2006 sales. The move will leave 800 workers behind at the company’s tire-retreading, warehouse and distribution center, but 350 employees will head 35 miles south to Bend and a 120,000-square-foot office building that will be finished in 2008.

It’s not a devastating loss, says Prineville city manager Robb Corbett, because the city has tried to develop a broad economic base — including industry, tourism and the regional railroad — as Les Schwab has grown.

However, he and others in the region wonder how the loss of Les Schwab’s highest-paid employees will impact restaurants and other businesses. The company has acknowledged the potential consequences: Days after officials announced the move, Les Schwab gave Prineville a $50,000 grant for economic development.

As to the city’s identity, long tied to its famous resident, Crook County commissioner Mike Mohan thinks Prineville’s character will remain essentially the same. Much of the company’s top brass already lives outside the county and isn’t involved in the community.  

The move is a homecoming of sorts for 89-year-old Schwab, who reportedly spent much of last year in the hospital. (Company reps will not comment on the move or his health.) He was born in Bend in 1917, and graduated from high school there. But as his company grew, Prine-ville held his heart. In his 1986 autobiography, he wrote that any drawbacks of being headquartered in a small, isolated city had been offset by the quality of employees he found there.

“Les Schwab is really interwoven in the community,” says Corbett. “But they grew faster than Prineville did.”

— Abraham Hyatt


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


Read more...

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS