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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 FEATURED » NEWS NOW Grants Pass boy dies after raft capsizes on Rogue River ... Murders at Crater Lake: The slaying of auto-parts reps in 1952 remains a mystery ... Our View: Law lets lobbyists keep public in the dark ... Grants Pass boy dies after raft capsizes on Rogue River ... Murders at Crater Lake: The slaying of auto-parts reps in 1952 remains a mystery ... Our View: Law lets lobbyists keep public in the dark ... AIRCRANES IN DEMAND Erickson shores up business with three contracts Comment By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Apr. 9, 2015 at 5:32 PM By Greg Stiles Mail Tribune Posted Apr. 9, 2015 at 5:32 PM » Social News Aviation services firm Erickson has found a new client in Asia and renewed old alliances in North America. The now Portland-based company, whose roots and employee base remain in the Rogue Valley, announced a new contract Thursday following renewals with the U.S. Forest Service and a Canadian firm earlier this week. Philipines road and bridge builder Cavite Ideal International Construction and Development Corp., and Asia Aircraft Overseas Philippines have hired Erickson to provide heavy-lift aviation services in support of the Angat Dam project on Central Luzon Island, Philippines. Erickson said it will perform the jobs between April and June. On Tuesday, Erickson said it renewed contracts with the Forest Service and Canadian aerial heavy lift company Helifor, a subsidiary of Columbia Helicopters. CEO Jeff Roberts, who took leadership of Erickson when Udo Rieder stepped down last month, said the Philippines project is good fit for the company and will allow it expand its Pacific Rim presence. “Asia is a burgeoning global market,” Roberts said in a statement, "and we’re glad to bring the skills and experience of our pilots and crews to this important infrastructure project.” This agreement guarantees the use of an S-64E Aircrane in support of the project, which will ensure water is accessible to hydroelectric facilities supporting Manila and the surrounding rural area. The aircraft will be deployed to move equipment and materials required for the construction of a tunnel to divert 5 million gallons of water daily from the Sumag River to the Angat Dam, augmenting the area’s water supply. The Forest Service renewal keeps multiple S-64 Aircranes available throughout the 2015 North American fire season, which is anticipated to be expansive due to drought conditions in the West. Erickson said the deal provides predictable income and consistent cash flow. The timber harvest work with Helifor Canada continues a 25-year relationship for year-round activity in British Columbia. Erickson keeps an S64-E, its pilots, crews, field maintenance support parts, and components inventory on hand. In February, Erickson shed 150 jobs, mostly at two Rogue Valley locations where the company’s manufacturing and maintenance work is centered. The firm presently has about 850 employees globally. Erickson shares have traded as high as $19.25 in the past year, but have plunged below $4 of late. Erickson closed at $3.65 Thursday, down 17 cents. By Greg Stiles Mail Tribune MailTribune.com By Greg Stiles Mail Tribune Posted Apr. 9, 2015 at 5:32 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