October 14, 2005

Greg McGreevey receives 2005 Marshall Award

Local community activist and sales professional, Greg McGreevey of Vancouver was named this week as the 2005 recipient of the General George C. Marshall Public Leadership Award presented by the Bank of Clark County.

A 32-year-old Vancouver resident, McGreevey is the founder and executive director of the Fruit Valley Foundation, which helps the neighborhood’s working poor families meet basic needs by supporting a local food bank and clothing closet, as well as contributing to a program that supplies weekend nutrition to low-income students of Fruit Valley Elementary School.

McGreevey is also an account manager for Hexion Specialty Chemicals, where he works as part of a management team that oversees nine manufacturing sites. He earned his bachelor’s degree in pulp and paper science in 1996 from the University of Washington. McGreevey lives in the Lincoln Neighborhood with his wife, Laura and their 10-month-old son, Owen.

Vancouver Mayor Royce Pollard will present McGreevey with the Marshall Award during a special ceremony at 4 p.m., Wednesday, Nov. 2 at 1301 Officer’s Row.

Longview Fibre Co. declares dividend

Longview Fibre Co. declared a regular quarterly cash dividend of $0.02 per share, payable Oct. 10. The company reported third-quarter sales of $49.6 million, down 9 percent. Income fell 26 percent to $5.8 million. Longview-based Longview Fibre is a diversified timberlands owner and manager, and a specialty paper and container manufacturer.

Christensen Yachts calls Tiger Woods lawsuit ‘misguided’

Christensen Shipyards Ltd., a luxury yacht builder based in Vancouver, will have to fight a 2004 lawsuit filed by Tiger Woods in Florida, despite Christensen’s request for a change of venue to Washington. The suit alleges that Christensen violated Woods’ right of privacy by making it known that Woods had purchased a Christensen yacht, an allegation that Christensen refutes. The company said at issue in the lawsuit are two key provisions regarding the use of photographs and the company’s right to promote its product. Christensen employs 400 workers and builds composite fiberglass motor yachts from 100’ to 165’ in length.

Graphic design firm relocates

Formations Design Group LLC moved from its Hazel Dell location to the Al Angelo building at 16th and C streets in downtown Vancouver. The move allows the firm to be more accessible to its customers. The company, which specializes in print design and web application development, has been in Clark County since 1988. Formations Design Group is owned by Bruce Wilson and Nancy Phillips and has three employees.

Port of Vancouver Stevedore earns damage-free auto unloading award

Marine Terminals Corporation, a national contract stevedore and terminal operating company, has been awarded the 2004 NYK Best Quality Award for the perfect handling of 41,860 units at the port’s terminal 4 during 2004. The award, given annually by NYK Shipping Lines, recognizes U.S. stevedoring companies handling auto imports from Japan for achieving a record of limited or no damage while offloading vehicles. The MTC’s Vancouver operation was one of only two on the West Coast and one of four nationally to earn a first place award and the only one to achieve the damage-free record for offloading more than 10,000 vehicles. Local longshore labor is provided by the International Longshore and Warehouse Union Local 4.

Papa Murphy’s voted ‘Best Pizza Chain’ for third year

Vancouver-based Papa Murphy’s was voted "Best Pizza Chain in America" in the annual "Consumers’ Choice in Chains" survey, conducted by Restaurants & Institutions magazine. The Consumers’ Choice in Chains survey is commissioned annually by Restaurants & Institutions and is conducted by the Reed Research Group. According to Restaurants & Institutions, more than 2,600 consumers rated 123 chains on eight important attributes of guest satisfaction. Papa Murphy’s, a take-and-bake pizza company, is the sixth-largest pizza chain in the country. Nearly 900 Papa Murphy’s locations operate in 30 states, and the company plans to open nearly 60 additional restaurants in 2005.

West Coast Bank will open fourth Clark County branch

Lake Oswego, Ore.-based West Coast Bank will open an East Vancouver branch at 1125 S.E. 163rd Place, Suite 102, in the first quarter of 2006.

The 1,400 square foot branch will offer many client-friendly amenities, such as computer kiosk, satellite TV access to business news channels, ATM, night deposit and safe deposit boxes. Initially, four employees will staff the branch. Product experts in commercial banking, trust, investments, merchant bankcard, commercial real estate and residential real estate will also be available. West Coast Bank currently operates branches in downtown Vancouver, Salmon Creek and Orchards. Parent West Coast Bancorp has $1.8 billion in assets and operates 52 locations in Oregon and Washington.

Riverview Bancorp declares dividend

Riverview Bancorp, Inc. declared a quarterly cash dividend of $0.17 per share, to be paid Oct. 14, to shareholders. Riverview Bancorp reported net income of $1.8 million, or $0.33 per diluted share, for the first fiscal quarter of 2006. Assets grew 43 percent to $737 million, total deposits increased 45 percent to $583 million and loans grew 47 percent to $561 million from year ago levels. Vancouver-based Riverview Bancorp has 16 branches, including nine in Clark County, and one lending center.

Bullivant to merge with corporate finance and banking boutique

Portland-based Bullivant Houser Bailey PC, a multi-service West Coast law firm has merged with the corporate finance and banking law boutique Bartel Eng & Schroder in Sacramento, Calif. The merger is in line with Bullivant’s goals of expanding operations in California and Nevada and adding key transaction law practice areas. Bartel’s nine lawyers will join with Bullivant’s eleven Sacramento lawyers and fourteen San Francisco lawyers to give the firm 35 lawyers in California and 190 in six West Coast offices, including Portland, Seattle and Vancouver.

nLight reaches India distribution agreement

Vancouver-based nLight, a manufacturer of high-power semiconductor lasers, reached an exclusive agreement with Dynotech Instruments Ltd. to distribute its products in India. Dynotech will be responsible for sales and service of all of nLight’s extensive CW and QCW high-power visible and near-infrared diode laser product lines. Dynotech, with its principal office in New Delhi, was founded in 2001 and is an international distributor of laser, electro-optic, opto-mechanic and optical components, serving the industrial and scientific markets.

New Edge Networks named among fastest growing companies in Washington

New Edge Networks ranked sixth among the 2005 Deloitte & Touche LLP Technology Fast 50 for Washington State, a regional ranking of the fastest growing technology companies based on revenue growth over the previous five years. The Technology Fast 50 list includes both private and public companies. New Edge Networks, a provider of managed wide area networks for businesses and carriers formed in 1999, recorded a revenue growth rate of 3,654.2 percent in its first year on the list. The company’s revenues grew from $3.1 million in 2000 to $115.1 million in 2004, ranking as the fastest growing communications company in Washington State. As a regional honoree, New Edge Networks is eligible for the Deloitte Fast 500 technology companies in North America. The Fast 500 list will be announced Oct. 19.

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