Home Must Reads Evergreen Airlines closing down

Evergreen Airlines closing down

| Print |  Email
Must Reads
Friday, November 08, 2013

Evergreen International Airlines will be closing effective Nov. 29.

The closure will eliminate most of the parent company's remaining workforce. However, it will not affect employees of the helicopter division, now owned and operated by Erickson Air-Crane; the non-profit museum complex across the highway; or, at least in any direct way, the company's agricultural or ground support subsidiaries.

Former employees said the air cargo arm, which once ferried freight around the world in a fleet of 747s, has been laying off employees to the point where it is already down to a skeleton force. They said this remaining force is due for lay off as well at the end of November.

Employment numbers for the company vary, but according to the McMinnville Economic Development Partnership, the parent company listed local employment, across all of its divisions, at 463 last year. That was, of course, prior to sale of its helicopter division to publicly traded Erickson Air-Crane in a deal valued at $250 million to $276 million, depending on some performance clauses.

Read more at The News-Register.

 

More Articles

How to help your staff solve their own problems

Contributed Blogs
Friday, March 21, 2014
03.21.14 thumb coxcoffeeTOM COX | OB BLOGGER

During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.


Read more...

How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Read more...

Why I became an educator

News
Tuesday, March 04, 2014
03.04.14 thumbnail teachBY DEBRA RINGOLD | GUEST CONTRIBUTOR

How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?


Read more...

Spring thaw

News
Thursday, April 17, 2014
Spring ThawBY JASON NORRIS | OB BLOGGER

The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

The 2014 List: The Top 33 Small Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Wheel man

March 2014
Tuesday, February 25, 2014
BY LINDA BAKER

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.


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