|| Print ||
|Articles - August 2010|
|Wednesday, July 21, 2010|
Page 4 of 4
Twenty-five years after founding Clear Creek Distillery, which produces grappas and eaux de vie from Oregon fruits and herbs on Portland’s west side, McCarthy says his business only became profitable during the last few years, with the past year making a record $1.25 million in net sales.
Because most of Oregon’s distillers aren’t making spirits from scratch, like he does, McCarthy says they’re left to compete with big national brands with huge marketing budgets.
And even the most well-made products backed by a genuine story can be a tough sell, he says. “You have to hammer your way into the marketplace,” McCarthy says. “After 25 years, most of the sales trips I make are extremely productive, but that wasn’t always the case.”
Despite the long road to profitability, some long to follow in McCarthy’s footsteps. “I look at Clear Creek Distillery as the gold standard,” say Portland distiller Sebastian Degens, “but I don’t see them as competition. The market is large and growing and there is an interest in diversity of products.” Degens and his wife, Erika, have become the latest addition to Distillery Row with a new business called Stone Barn Brandyworks. So far the distillery has produced an oak-aged apple brandy, a pear brandy, a pinot noir grappa and brandy-based coffee liqueur.
The couple continues to work day jobs, a conservative approach that will help them continue to pay for a house and college educations for their two kids, as they focus on starting up a small business.
“I’d like to get to a point where our grappa is as distinctive as the pinot noir that it came from, and I don’t think that’s national conglomerate takeover material,” he says. “We’re just happy serving a niche of people who are like-minded and are interested in trying out distinctive distillates.”
Just a few months into business, it’s an easy and admirable aim. But considering the paths taken by other local distillers, Degens may yet learn that cranking out craft liquors comes weighted with complications.
STORY BY LUCY BURNINGHAM
|The more they change, the more they stay the same|
|The 2014 List: The Top 33 Large Companies to Work, For in Oregon|
|The 2014 List: The Top 34 Medium Companies to Work, For in Oregon|
|The 2014 List: The Top 33 Small Companies to Work, For in Oregon|
|The future of money|
|Cerberus Capital to buy Safeway|
|U.S. adds 175,000 jobs|
|Bitcoin creator revealed|
|Staples closing 225 stores|
|EU to offer aid package to Ukraine|
|Daily sugar intake 'should be halved'|
|White House reveals 2015 budget|
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
Allowing individuals to access their own healthcare options has created more difficulty instead of making things easier. There are so many examples that illustrate why agents are more important than ever in helping businesses and individuals determine the healthcare coverage that best fits their need.
The 2014 World Trademark Review 1000 (“WTR”) recently named Lane Powell as one of the top trademark law firms in Oregon and Washington, and Lane Powell attorneys Kenneth R. Davis II, Parna A. Mehrbani, Frances M. Jagla and Paul D. Swanson as top individuals in the practice.
Capital Pacific Bank, a Portland-based community bank serving businesses, professionals and nonprofit organizations, today announced that it has earned recognition as a Certified B Corporation by B Lab, a nonprofit organization dedicated to building a community of socially responsible businesses. The bank is one of six financial institutions across the country to achieve B Corp status.
On Thursday, April 3, from 8 a.m. to noon (registration begins at 7:30 a.m.), Lane Powell will team with Oregon Business magazine for a half-day seminar titled “Best Practices For Best Employers™: How to Become One of ‘Oregon’s Best Workplaces’ Starting Today!”