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

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


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