Sponsored by Oregon Business

The 2010 Top 150 Private Companies in Oregon

| Print |  Email
Articles - July 2010
Thursday, June 24, 2010

0710_150List02Given the beating that sales suffered at most U.S. companies during 2009, it’s no surprise our annual ranking of the state’s top private companies showed strains. Revenue fell an average of 5% but many companies reported dips exceeding 30%. This was a year when companies with 20% revenue declines could still find themselves rise in the rankings.

Last year, with the recession in full swing, five companies topped $1 billion in revenue. In this year’s list, Roseburg Forest Products, Hoffman Corp. and EPIC Aviation fell below that mark, leaving just two in the billion-dollar club: Jeld-Wen and Les Schwab.

North Pacific Group was another casualty from the top. The building products distributor, No. 6 last year, was no longer able to keep creditors at bay and went into receivership in May to liquidate assets. Other prominent companies on last year’s list — including ESCO Corp., Columbia Distributing and Platt Electric Supply — declined or did not respond to requests for their latest annual revenue. Given the choice of many private companies to keep a low profile, there may well be a billion-dollar business out there under our radar, but it’s still discouraging to see the top echelons of the list shrink.

On the encouraging side are the recent IPO announcements by Erickson Air-Crane (which did not respond to our survey) and Tripwire (No. 93), both of Portland. Look for them next year in our August 2011 Public Companies list.

Some retailers and wholesalers had a decent year. Western Family Foods, a Portland grocery distributor, saw an 11% jump in revenue, moving the company from 12 last year, to No. 6. Bi-Mart, Reser’s Fine Foods, Harry & David Holdings, C&K Market, Sherm’s Thunderbird Market and Plaid Pantries all advanced ranks with flat or modest sales declines.

Financial services powerhouse M Financial Group wasn’t so lucky. The Portland firm, which focuses on the ultra-affluent and Fortune 1000 companies, dropped from No. 7 to No. 10. In a dismal year for contracting and construction, Portland’s S.D. Deacon Corp. fell from No. 18 to No. 30. Yet Portland’s Harder Mechanical Contractors managed to grow sales 38%, leaping 20 ranks in the list to this year’s No. 18.

Wood products and building materials also were hit hard. Lumber Products of Tualatin, Swanson Group in Glendale, and Portland-based Tumac Lumber all stumbled in the rankings.

Last year, R2C Group was ranked No. 133 based on net revenue. This year, the Portland advertising agency correctly provided its gross revenue, moving it to No. 25 on the list. The company is thriving by targeting infomercials and other low-budget media on the secondary advertising market.

On average, this year’s Private 150 had $198.1 million in revenue. In total they had $29.7 billion. Just two years ago, these figures were $265.2 million and $39.8 billion. Now that the national economy is slowly growing again, perhaps next year’s numbers will be stronger. THE EDITORS



 

More Articles

Footloose

April 2015
Friday, March 27, 2015
BY LINDA BAKER

Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

Grassroots movement pursues carbon bills

News
Tuesday, February 24, 2015
eventthumbBY KIM MOORE | OB RESEARCH EDITOR

A partnership of a grassroots environmental organization and a youth group is striving to build community and business support for carbon price legislation.


Read more...

Everything old is new again: How the EEOC is reinventing itself

Contributed Blogs
Tuesday, February 17, 2015
BY TAMSEN LEACHMAN | OB GUEST CONTRIBUTOR

It is important to understand the EEOC’s priorities, and ensure that your leadership understands the shifting expectations of regulators and the heightened standards to which you (and they) may be held.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


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