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|Articles - May 2011|
|Wednesday, April 20, 2011|
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As Lew Danielson read a worn, creased piece of yellow ruled notebook paper before work nearly 18 years ago he didn’t know he was reading the future.
Danielson is now the CEO and chairman of the board of Crimson Trace, the company he co-founded in 1994 based upon the mission statement that he wrote on that worn piece of paper dated “9/28/93” he now has framed in his office. The creased piece of paper has bullet points like “we will dominate the market” and “have top-notch customer service.” Following these and other simple guidelines has served them well. With revenues of between $40 million and $50 million, the Wilsonville-based company makes state-of-the-art laser gun sights, employs around 100 people and controls 70% of the national market for laser gun sights. It has seen a 10% to 12% annual growth rate for the past four years.
Danielson was formerly the president at EPS, a now-defunct Portland company that made parts for Boeing, when he decided to form Crimson Trace in 1996 to meld his professional experience and passion for shooting. The prototype laser sights were initially machined on weekends at EPS and were rather clunky; now the company uses CAD software to design the modular sights that are partially built by Hillsboro-based injection molding company R&D Plastics before being finished at the company’s Wilsonville factory “Oregon is a great place to start a business; you can start on a bootstrap,” says Danielson. “In California, you’re broke before you start,” he says, referring to permitting fees.
Wednesday, July 22, 2015
Charlie Hales has long viewed sound urban planning as the route to salvation: social, economic and environmental. This week, the mayor's city design philosophy got the nod of approval from a bona fide spiritual authority, Pope Francis.
Monday, July 13, 2015
BY JACOB PALMER
Holding a Power Lunch at Veritable Quandary in downtown Portland.
Wednesday, July 15, 2015
Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.
Friday, July 17, 2015
Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner. The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
"I feel private enterprises are capable of operating at a higher efficiency than state government."
"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
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