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Business Journal-Portland articles from February 1996
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Business Journal-Portland archives from February 1996
Flood devastates, but businesses keep paddling. (Portland, OR)
February 16, 1996... Retailer inundated with water, assistance
Nancy Bishop-Dietrich, president of fabric retailer Mill End, knew she had no flood insurance to cover losses from the more than three feet of muddy water which invaded her 67,000-square-foot Milwaukie...
PacifiCorp exec shepherds power utility's growth. (Dennis Steinberg, vice-president for transmission and resource planning)
February 16, 1996... In the button-down world of electric utilities, Dennis Steinberg is an unusual blend of corporate correctness and offbeat independence.
Like many utility executives, Steinberg used an engineering degree to launch his career, first with Southern...
Self-insuring workers' comp.(Focus on Insurance)
February 16, 1996... Growing numbers of companies save money and even reward employees by self-insuring. But it's not for everyone.
Fred Jory's Company, Willamette View Manor, is in the business of creating and maintaining a secure, long-term living environment for...
RadiSys buying Intel division in $17 million deal.
February 23, 1996... RadiSys Corp. has paid $17.5 million in stock and cash to pick up a minor product line from Intel Corp. that suddenly increases the Beaverton company's revenues threefold.
Though neither company is willing to discuss what the deal means to...
West Coast Bancorp buys Vancouver Bancorp.
February 23, 1996... Deal may portend more expansion through acquisition
Eager to build a portfolio of community banks, West Coast Bancorp agreed to acquire Vancouver Bancorp for stock worth $11.6 million.
The deal, expected to close in midyear, would transfer...
Ernst's parent defaults on $106 million debt. (Ernst Home Center Inc.; E.H.C. Companies Inc.)
February 23, 1996... SEATTLE - As if Ernst Home Center Inc. wasn't having enough trouble with shuttered stores and slumping sales, it now has something else to worry about: Its parent company and majority shareholder has defaulted on $106 million in long-term debt,...
Carter revs up management buyout. (Ralph Carter, chief executive officer of RevTek Inc.)(Company Profile)
February 23, 1996... Once troubled RevTek now prospering with an MBO
As a hired-gun corporate manager, Ralph Carter got used to taking over troubled companies. When the Hong Kong & Shanghai Bank asked him to run a mid-sized Portland contract manufacturer called...
TRM Copy Centers Corp. (Proxy Report Excerpts)(Company Profile)
February 23, 1996... 5208 N.E. 122nd Ave., Portland, Ore. 97230
TRM Copy Centers Corp. owns and maintains more than 29,000 self-service, 5-cent photocopiers in retail stores such as pharmacies, stationery stores, hardware stores and gift shops in 56 metropolitan...