Erickson moving dozens of employees to Medford - News - MailTribune.com - Medford, OR

Mail Tribune (Medford, OR — Wayback)

2015-09-21

Document text

0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate NEWS NOW   Arson leaves Talent woman with few options       ...       California wildfire now ranks as third-worst in state's history       ...       More shots fired in Medford neighborhood Sunday night       ...       Arson leaves Talent woman with few options       ...       California wildfire now ranks as third-worst in state's history       ...       More shots fired in Medford neighborhood Sunday night       ...           AVIATION Erickson moving dozens of employees to Medford Comment By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Aug. 7, 2015 at 4:36 PM By Greg Stiles Mail Tribune Posted Aug. 7, 2015 at 4:36 PM »  Social News Erickson's decision to consolidate operations from the former Evergreen Helicopter facility in McMinnville to Southern Oregon and Portland will result in 25 employees relocating to the Medford area. The aviation company said Thursday it made the decision last month, but no formal public announcement was made before the release of Erickson's second quarter financial results. Erickson acquired Evergreen Helicopters from Evergreen International Aviation in March 2013 for $250 million in a leveraged deal that played a role in the company's debt load. President and CEO Jeff Roberts said the move was part of broader effort, including the closure of unprofitable foreign subsidiaries. "We have a clear line of sight with $12 million to $15 million of savings and are pushing for more," Roberts said. "We’re pleased with our initial traction, and we’ll finalize this plan in the near term." Erickson spokesperson Susan Bladholm said the employees asked to relocate from the Yamhill County facility include people involved in records, maintenance and mechanical areas. "The move will come in phases, primarily in the fall," Bladholm said. "This is a big shift for our employees, and the company is trying to take a thoughtful approach, making sure the families involved can get their kids enrolled in school and get their households set up." Of the 51 employees who have worked at the former Evergreen site, 10 or 12 will move to the company's Portland headquarters. "Several of them split their time traveling and being in Portland," she said. Roberts said that Bell 214 manufacturing, maintenance, repair and overhaul work will continue to grow. During the second quarter, such work produced revenue of $6.6 million, compared to $3.4 million during the same period in 2014. Reach reporter Greg Stiles at 541-776-4463 or [email protected]. Follow him on Twitter at www.twitter.com/GregMTBusiness , on Facebook at https://www.facebook.com/greg.stiles.31, and read his blog at www.mailtribune.com/EconomicEdge By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Aug. 7, 2015 at 4:36 PM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2015 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501