|| Print ||
|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, September 30, 2015
Oregon Business magazine has named the seventh annual 100 Best Nonprofits to Work for in Oregon. The rankings were revealed Wednesday night during an awards dinner at the Sentinel Hotel in Portland.
Friday, October 30, 2015
BY LINDA BAKER
This is a story about a small plastics company in wine country now exporting more than one million feet — 260 miles worth — of tubing to China every month.
Tuesday, November 03, 2015
Two trends dominate the manufacturing sector: onshoring and the rise of small-scale production manufacturing, known as the "maker economy."
Friday, October 02, 2015
BY KIM MOORE
Our intrepid (and expecting) research editor finds the child care search involves long waiting lists, costly fees and no certainty of securing a place before she goes back to work.
Wednesday, October 21, 2015
BY JASON NORRIS | CFA
Volatility reigned supreme over the summer. The old Wall Street adage of, “Sell in May and go away,” was prophetic in 2015.
Thursday, November 12, 2015
BY LINDA BAKER
Raye Miles, a 17-year taxi industry veteran, lacked the foresight to anticipate the single biggest trend in the cab business: breaking the law.
Friday, October 30, 2015
BY CHRIS NOBLE | ART DIRECTOR
|The Love Boat|
|The Food Pod Grows Up|
|The High Road|
|Tinker, Tailor, Portland Maker|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.