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|Articles - February 2010|
|Thursday, January 21, 2010|
Al Pazar has been a crab fisherman on the Oregon Coast since 1975 so it didn’t take him long to realize that the 2009-2010 season was going to be good. By noon on the first day of the fishery season in December his 50-foot boat, the Delma Ann, was fully loaded and headed to port. That boatload was followed by five more in quick succession and by the time Pazar and his three crew members came up for air they had caught 110,000 pounds of Dungeness crab, worth nearly $200,000.
“Our crewmen all had a good Christmas,” says Pazar. “Their kids got some nice presents under the tree.”
Oregon fishermen caught about 16 million pounds of Dungeness crabs in December. That’s 3 million pounds more than they caught in the entire eight-month season a year ago. Unseasonably calm seas allowed smaller boats to share in the bounty, and the crabs have been plentiful and meaty. Using a multiplier of two, the economic impact of the state’s Dungeness fishery in December alone was about $55 million, a welcome jolt for coastal towns from Astoria to Brookings.
“A lot of guys really needed this season,” says Pazar. His strong December ensures that the restaurant and seafood shop he runs with his wife Pam in Florence, the Krab Kettle, will be well stocked through the winter. He’ll also be able to invest in maintenance and new equipment for the boat he has operated since 1983.
Dean Fleck of Englund Marine Supply in Newport says he has been selling more depth sounders, rain pants and fishing boots this season than usual, and he’s hearing similar news throughout the business community. “The money the crab fishermen earn trickles its way through the entire economy around here,” he says.
John Corbin, who runs the 56-foot Buck & Ann and is part owner of the 78-foot Northern Endurance, says, “After this season you’ll see a lot of boat owners spending money at the gear stores and the shipyards. There’ll be a lot of guys doing home improvements and buying new pickup trucks.”
Corbin’s big purchase with his early Dungeness earnings was a natural-gas-powered generator for the next power outage on the Coast. As for Pazar, his money is going the same place it’s been going since his two kids began attending private colleges. “I don’t go out and buy new pickup trucks or take trips to Vegas,” he says. “I write tuition checks.”
Thursday, August 20, 2015
BY DAN COOK
The state’s angel investing fund gets hammered in Salem.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Wednesday, August 19, 2015
BY GINA BINOLE
Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
Tuesday, August 04, 2015
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.