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Breakfast has been called the most important meal of the day, but few have championed morning fare like chefs Kristina Liedags Compton and Rachel Sillcocks, who are putting their fine dining pedigree to work elevating porridge and pancakes at their new brunch restaurant, Hilda and Jesse, in North Be.
Many major businesses here posted sharply higher net profits in the first quarter, often despite the pandemic or because of it, their financial reports show.
A survey of 12 publicly held companies based here or with sizable operations here found that 11 had better bottom lines in the January-through-March period than they did in the opening quarter of 2020, when COVID-19 arrived.
The latest quarterly results mark the second consecutive period of significantly better profits. In the fourth quarter, a similar portfolio of 12 companies included nine with higher profits. But in the third quarter, nine of 12 fared worse.
The surveyed companies, which employ more than 7,000 people locally, were selected by LNP | LancasterOnline to represent a cross-section of local economic sectors. Hereâs a summary of how the 12 performed, based on reports they released over the past four weeks.Â
Perlo Headquarters
General Contractor: Perlo Construction
Subcontractors: 3Form, Aktura, Associated Plumbing, Current Electrical, HL Stearns, HVAC Inc., Mannington, MDC, Mohawk Group, Moz Designs, Patriot Fire Protection, River City Glass, Skyline Sheet Metal, The Harver Co., VLMK
2019 was a good year for tenant improvement projects in the wider Portland area. One of the best of those actually featured a local general contractor, Perlo Construction, reimagining their own headquarters.
With the boom of industrial and warehouse construction in the area in recent years, Perlo outgrew its old space in Tualatin and decided to expand. They hired multidisciplinary firm Mackenzie to handle both architectural and engineering work on the project, and self-performed the general contractor role.