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|Thursday, October 28, 2010|
By Jacq Lacy
Three Oregon businesses described their success stories at the Kruse Way Economic Forum on Wednesday, and the common message was that to prosper in this economy you have to be able to adapt.
Imperial Stock Ranch
Dan and Jeanne Carver own and operate the Imperial Stock Ranch near Shaniko. The farm hit a rough patch as the American sheep meat industry declined in the late '90s requiring the Carvers to begin retailing raw materials.
Miles Fiberglass and Composites
A business restructuring plan in 2006 and opportunity knocking allowed Happy Valley-based Miles Fiberglass and Composites, originally a family fiberglass canoe company, to remain afloat. Now the company is diversifying its product and staff, as well as manufacturing components for wind turbines.
For Deek Heykamp, owner of Next Adventure ("Portland's alternative sporting goods store"), tough times remind him of why he loves business. In his view, difficulties open opportunities to innovate and plan for the future.
In 1996, Heykamp opened an equipment and apparel shop in a 1,600-square-foot location. Now the company has two Portland locations and a seasonal Eugene location, and customers can order online.
Jacq Lacy is an associate writer with Oregon Business.
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