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

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...

Kill the Meeting

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Meetings get a bad rap. A few local companies make them count.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

Woman of Steel

November/December 2014
Wednesday, October 22, 2014
BY LINDA BAKER

Tamara Lundgren tackles the challenges—without getting trampled.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


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