Evergreen Airlines closing down

Evergreen Airlines closing down

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.