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|Articles - February 2011|
|Thursday, January 27, 2011|
Mike Slinkard was born and raised in John Day, and like most of his peers he went straight from high school to a job in the woods. Those jobs didn’t last. Rather than cling to what was left of the local timber industry, Slinkard turned his passion for bow hunting into his livelihood.
He started with a shop in town. Then in 2000 he launched Winner’s Choice Custom Bow Strings, which has grown to $3 million in annual sales and 38 employees. His latest venture is Human Energy Concealment Systems, an apparel company focused on blocking the electromagnetic field emitted by the human body.
The idea came from a conversation with employee and fellow bow hunter Max Maupin about the “sixth sense” that enables prey animals to escape danger. Maupin put his degree in animal science to work and tracked down a study that showed how cud-chewing animals respond to minor changes in electromagnetic fields as a survival mechanism.
Slinkard and Maupin designed a hunting suit with electricity-conducting carbon woven into a grid to block the electromagnetic field (prices start at $149). A partnership with a New Zealand fabric company and a Taiwanese factory followed, and they released their HECS hunting suit at a national archery trade show in Columbus, Ohio, in 2010.
Slinkard promoted the product with full-page ads in archery publications and television spots on outdoor channels. Sales started slow, then picked up with the fall hunting season. Returning to this year’s archery show, Slinkard found reviews were positive. “We still have some skeptics, but they aren’t people who have tried it,” he says.
Slinkard, 45, imports the hunting suits fully made and ships them to market from John Day. But he may manufacture locally if his other ideas take off. The company has five patents pending, one of which covers wetsuits for diving and surfing, to protect people from sharks. He also has an agreement with a Virginia Beach-based company to handle military contracts (think Navy Seals).
If he can land a military contract, “Buy American” requirements would bring new jobs to Grant County, where unemployment is 14.3% and Slinkard is one of just two tenants at the John Day Industrial Park.
“It’s going to be a worldwide company,” he predicts. “There’s no doubt about it.”
Thursday, August 20, 2015
BY DAN COOK
The state’s angel investing fund gets hammered in Salem.
Wednesday, August 19, 2015
BY KIM MOORE
A conversation with Chris Maples, president of the Oregon Institute of Technology.
Thursday, August 20, 2015
Which of the following would be most effective in reducing the cost of operating a public university in Oregon?
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
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, September 30, 2015
BY KIM MOORE
Oregon Business magazine’s seventh annual 100 Best Nonprofits to Work For project attracted more than 150 nonprofits from around the state from a variety of sectors, including social services and environmental advocacy. More than 5,000 employees and volunteers filled out the survey, rating their satisfaction with work environment, mission and goals, career development and learning, benefits and compensation, and management and communications.
Tuesday, September 08, 2015
BY LINDA BAKER
Alan Lehto, TriMet's director of policy & planning, shares a few thoughts on ride sharing and more nimble bus services.
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