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|Tuesday, April 17, 2012|
The nearly 75-year-old Tualatin-based Lumber Products Inc. filed for Chapter 11 bankruptcy.
Lumber Products indicated in the filing that it expects to have enough funds to pay its unsecured creditors, who include Timber Products Sales in Springfield, which is owed about $404,000, according to bankruptcy court filings. Lumber Products was founded in Portland 1938 by Ernest E. Hall and his son, Ernest L. Hall, after they realized that the millwork business they were in needed wholesale distributors to get products to the end users, according to the company history.
The seven-decades-old company felt the impact of the recent recession, though, and the accompanying slump in the demand for wood products, sliding from number 22 to 32 in the space of three years on Oregon Business magazine’s annual list of the state’s largest private companies. The magazine ranked the company as having revenues between $250 million to $1 billion in 2007, falling to $150 million to $250 million in 2010.
Read more at The Register-Guard.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Friday, September 12, 2014
BY TOM COX | OB BLOGGER
I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, August 26, 2014
Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.
Wednesday, August 27, 2014
BY KIM MOORE
A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.
Tuesday, August 26, 2014
BY VIVIAN MCINERNY
Craft beer comes to Mount Angel.
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