Erickson Air-Crane acquiring Brazilian firm

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

Erickson Air-Crane is close to landing a Brazilian helicopter firm that specializes in South and Central American gas and oil fields.

The Oregon-based heavy-lift helicopter company said it would pay HRT Participacoes em Petroleo, headquartered in Rio de Janeiro, between $65 million and $75 million by the time the deal for its aerial services unit, Air Amazonia, closes in the second quarter. Erickson's primary manufacturing and maintenance complex is on Willow Springs Road in Central Point.

President and Chief Executive Officer Udo Rieder called the transaction a milestone for Erickson Air-Crane as it expands into the fast-growing Latin America oil and gas markets.

Read more at The Mail Tribune.

{biztweet}erickson air-crane{/biztweet}

 

More Articles

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...

Bike Chic: 7 stylish options for cyclists

April 2015
Thursday, March 26, 2015

Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


Read more...

5 highlights from the Angel Oregon Showcase

The Latest
Thursday, April 23, 2015
IMG 5069BY JACOB PALMER | DIGITAL NEWS EDITOR

The entrepreneurial spirit was alive and well at the Oregon Angel showcase, an annual event for angel investors and early stage entrepreneurs.


Read more...

10 Oregon companies positioning themselves for growth

The Latest
Friday, March 13, 2015
vcthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Ten startups have secured venture capital, angel or seed funding in 2015.


Read more...

5 ways successful people kickstart the day

The Latest
Thursday, April 02, 2015
coffeethumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Are mornings the most productive part of the day?  We ask five successful executives how they get off to a good start.


Read more...

On the Road

April 2015
Friday, March 27, 2015
BY LINDA BAKER

My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


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