Business Journal-Portland articles from March 1996

Business Journal-Portland archives from March 1996

PDC regains urban renewal funding. (Portland Development Commission)
March 1, 1996... East Bank park may be among new projects Portland's urban renewal tax - on hiatus since property tax limitation - is being revived, lending new muscle to the city's weakened redevelopment agency. Portland Development Commission stands to...

Freightliner considers layoffs. (Freightliner Corp.)
March 1, 1996... Faced with a shrinking national market for new trucks, Freightliner Corp. is considering layoffs. "Nothing's been decided there," said Debi Nicholson, Freightliner's director of public affairs, adding that the company may announce its decision...

Small banks leap on merger bandwagon.(Industry Overview)
March 1, 1996... Unnoticed among the furor surrounding Wells Fargo's pursuit of First Interstate Bancorp, tiny Columbia River Bank in The Dalles announced last month it was buying Klickitat Valley Bank in Washington state. Outside of the Columbia Gorge...

Oregon Steel moves closer to upgrading Portland mill. (Oregon Steel Mills Inc.)
March 1, 1996... Will more than double company's plate steel capacity The ship has come in for Oregon Steel Mills Inc. - literally and perhaps figuratively. Oregon Steel recently received its first shipload of equipment for its $180 million mill upgrade. The...

Thrifty PayLess aims to trim debt with IPO. (Thrifty PayLess Holdings Inc.; initial public offering)
March 1, 1996... Thrifty PayLess Holdings Inc. is hitting the public stock market with a mammoth and complex $325 million offering. The retail drugstore chain will need every dime of the offering to begin paying off a debt load remaining from a 1994 merger and...

Captain Redhook. (Redhook Ale Brewery Inc. CEO Paul Shipman)
March 1, 1996... Paul Shipman is the quiet force behind Redhook Ale Brewery's steady rise to the top SEATTLE - In the early 1980s, Paul Shipman was the only person on Gordon Bowker's list of potential chief executives when Bowker decided to start a brewery....

Garden Botanika files IPO to fuel retail expansion. (initial public offering)
March 1, 1996... Years after the first whisperings of a public stock offering, Garden Botanika has finally planted the seeds for a $37.8 million IPO in April. The Redmond, Wash.-based specialty retailer, a fast-growing chain that sells natural bath and body...

The Greenbrier Cos. (Proxy Report Excerpts)(Company Profile)
March 1, 1996... One Centerpointe Drive, Lake Oswego, Oregon 97035 Greenbrier Cos., The serves equipment needs of the railroad industry through two integrated business segments. Its manufacturing segment, Gunderson Inc., manufactures double-stack intermodal...

Pentium Pro key to Intel's server strategy: supercomputer project showcases chip's flexibility.
March 15, 1996... Supercomputer project showcases chip's flexibility A team of 150 Intel Corp. engineers in Beaverton is currently at work on the world's largest desktop computer - if you could find a 1,500-square-foot desk to support a $56 million system....

Wells Fargo will keep loan center in Beaverton.
March 15, 1996... Wells Fargo & Co. plans to keep open the First Interstate Bank loan processing center in Beaverton and retain the bulk of the center's 1,100 jobs, Wells officials said. Wells recently decided to keep the center open and will certainly retain a...

Albina Community Bank starts making loans.
March 15, 1996... The Durham brothers' proposal to fill a North Portland block with 22 new rowhouses generated some enthusiasm, but no commitment, from traditional lenders. Banks were hesitant about the $1.3 million Worster Square project because new...

Pacific storm brewing: former Security Pacific exec Bill Williamson returns to lead First Hawaiian Bank's surge into the Northwest.
March 15, 1996... When the hurricane struck, Bill Williamson was cut off from home. Having escorted his daughter to Olympa, Wash., to attend Evergreen State College, Williamson feared he was stranded from his home and job on the Hawaiian island of Kauai,...

Tektronix Inc. (1995 corporate report)(Company Profile)
March 15, 1996... P.O. Box 1000, 26600 S.W. Parkway, Wilsonville, Ore. 97070 Tektronix Inc. broke records for sales and orders in 1995. Sales from continuing business increased 19 percent, and total sales were up 11 percent. Since 1990, total shareholder return...