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|Articles - March 2011|
|Tuesday, March 01, 2011|
Page 4 of 7
First came the recession, followed by the coldest, wettest summer in 15 years — meteorology that’s not very kind to a company whose flagship product is a salve for poison oak and ivy. Next, president and CEO Steve Smith lost his mother and went through a divorce.
Topping it all off, despite making the 100 Best list at least eight times before, Tec Labs failed to make the cut either year.
“I was very concerned,” says Smith, who founded Tec Labs in Albany with his father in 1977. “When you’re already down, it was just one more kick.”
But at the beginning of 2010, Smith and his 30 employees decided the trench mentality had run its course. Realizing that the company’s strong culture needed to be unhooked from the owner, Smith set up a culture team. Small perks like monthly lunches that had been cut to save money were reinstated. And in the first quarter of 2010, the company paid employees back for an earlier 5% payroll cut.
“You’ve got to take care of your horses first,” says Smith, alluding to his grandfather’s practice of always taking extra special care of his draft horses in the field.
The tribulations of the past couple years have underscored for Smith the important role that Tec Labs plays in the lives of its employees, not only as an employer, but as a place to develop lifelong friendships and become part of an extended family. When you create an environment like that, he says, employees enjoy their work and will go the extra mile — or 10 — in good times or bad.
“It’s like refining gold or silver,” Smith says. “You heat it up and that’s when all the impurities come out. But skim it off and what’s left is pure gold.”
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Tuesday, January 27, 2015
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Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR
At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.
Wednesday, February 11, 2015
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Recapping a wild week featuring plenty of will he or won't he resign drama.
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN
The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?
Thursday, January 15, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Consumers love the savings they get from low oil prices, but how has business been affected?
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It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
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Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.