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Aviation Services Co @EricksonInc $EAC Hires Imperial Capital to Explore Exit

Aviation Services Co @EricksonInc $EAC Hires Imperial Capital to Explore Exit

The Erickson Story erickson_historical_pixJack Erickson founded Erickson in 1971 with a focus on logging that evolved to an eventually much bigger market of firefighting. The Erickson reputation for trustworthiness and toughness was built on the hard work of men and women from southwest Oregon in the Central Point/Medford area and the iconic Sikorsky S-64, a giant in the aircraft industry. The blazing orange “Air-cranes” are viewed as beacons of hope in the midst of boiling wildfires, and the Air-crane named “Elvis” is revered in Australia for having saved several firefighters’ lives. Given the heavy lift capabilities of the Air-crane, and the thinking that goes into complex project troubleshooting, Erickson’s earnest employees claim, “If we can’t do it, it can’t be done,” the company says on its website. Del Smith founded Evergreen Aviation in 1960 and earned his stripes establishing a legacy of extensive contacts within the Department of Defense for missions in service to the United States for nearly 50 years. His leadership within the aviation world was broadly recognized and he built a world class aviation and space museum that features iconic aircraft starting with the Wright Brother’s early flight models and the museums draw nearly a million visitors every year. The breadth of his collection is testament to his broad circle of influence in the aerospace industry and devotion to promoting flight. Unfortunately, the company faced struggles with waning contracts and a diminishing reputation, but many of the talented employees and workhorse aircraft were acquired by Erickson Inc. in 2013. Erickson Air-Crane, Inc. was founded in 2007, with the intent to build and grow a global helicopter aerial service provider, the company says. The initial group of investors saw the concept of “the whole is greater than the sum of its parts.” Understanding that bringing two specialty companies—and acquiring the Oil and Gas expertise of Brazilian-based Air Amazonia in 2013—has created an organizational opportunity to be a full-services provider for firefighting, government services, and commercial services such as oil and gas, construction, and special project work. Jeff Roberts began his tenure as Erickson’s President and CEO in April of 2015.]]>

Leading Forestlands Owner, Lumber Company Rosboro, Hires Goldman Sachs to Explore Sale

Leading Forestlands Owner, Lumber Company Rosboro, Hires Goldman Sachs to Explore Sale

The Register-Guard. “What was once an organization owned by just a few of the original leaders of the company today has 60 owner-families throughout the country,” said Rosboro CEO Scott Nelson. Given its dispersed ownership, the company’s strong financial position and a robust mergers and acquisitions market, Rosboro’s board has determined it would be “prudent to undertake a review of strategic alternatives to maximize shareholder value,” Nelson said. Those alternatives include potentially selling the company, he said, according to the RG. The company doesn’t publicly disclose its financial figures. Rosboro manufactures green and kiln dried studs and dimension lumber and is the largest glulam manufacturer in North America. Composed of boards that have been glued together, glulam beams are typically used in large retail stores, bridges and other big structures. Based in Springfield, Oregon, the company was founded in 1940, and is known for quality products and old-fashioned customer service. Rosboro 100,000 acres of timberlands are concentrated in the highly productive forests of Western Oregon, strategically located near its operating facilities in Oregon’s Willamette Valley, constituting one of the largest privately owned networks of tree farms in the Pacific Northwest. Rosboro glulam products are sold through a nation-wide distribution network that provides next day delivery. Glulam is the most cost effective engineered wood product on the market today making it the best choice for floor, roof and wall framing. Rosboro glulam products are inspected and certified by the APA/EWS. Rosboro’s groundbreaking X-Beam is the industry’s first full framing-width glulam in Architectural Appearance. Rosboro X-Beam is the most cost effective engineered wood product on the market and is available in traditional and I-Joist compatible depths. Rosboro Treated X-Beam is its Douglas fir, architectural appearance X-beam that is treated with Hi-Clear II – a clear preservative treatment that leaves the beam a light honey color while providing resistance against insect attack, decay, mold, and mildew. Treated X-Beam is Ideally suited for outdoor applications like decks, porches, trellises, and balconies. Rosboro Manufactured Timber RMT meets or exceeds the published design values of solid sawn timber of the same size and grade. For example, an RMT timber stamped with WCLIB Select Structural or #1 will meet or exceed all the published design values for solid timber of the same size and grade. RMT is DSA-approved in California. Rosboro specializes in green and dry Douglas fir and KD Hem-Fir studs in standard and custom trim lengths. Rosborough in Rosboro The Rosboro story begins in 1890, when Thomas “Whit” Whitaker Rosborough started running his own sawmill. A coincidence of names occurred sixteen years later, when Whit Rosborough formed the Caddo River Lumber Company in Rosboro, Arkansas. After his honeymoon in the Pacific Northwest, Whit started forming his westward plans. In 1939 he moved to Springfield, Oregon, with a team of loyal employees. Trading his recently purchased coastal-range timberlands for holdings in the McKenzie River Valley, Whit and crew started constructing Rosboro’s first sawmill. Using energy generated from its three-stack power plants and two steam turbines, the new Rosboro mill was a model of self reliance. When the first board rolled through the state-of-the-art facility in June of 1940, the local newspaper touted the mill as the “Northwest’s most modern timber manufacturing plant.” Whit retired five years later, leaving Rosboro ownership to several of his key employees. They got to work on expanding the scope and production of the sawmill that was the pride of the Northwest. Demonstrating an early knack of adapting new technology, Rosboro constructed a veneer mill in 1959 and began manufacturing plywood. Quickly making strides in laminated products, the company introduced its glulam operation in 1963, a development that helped distinguish Rosboro as one of the first fully integrated forest products operations. The Rosboro team didn’t stop there. In 1975, the small-log mill was built to manufacture studs from second growth timber. The glulam business expanded in 2005 with the purchase of a Weyerhaeuser laminating facility in Veneta, Oregon, an addition that made Rosboro North America’s largest glulam manufacturer.]]>