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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.”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
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