Oregon Iron Works to merge with Vigor Industrial




Local Angle

The Oregon Iron Works manufacturing plant in Vancouver has enjoyed steady growth and will continue to add jobs under the company’s merger with Portland-based Vigor Industrial, said Tom Hickman, vice president of sales and marketing for Clackamas, Ore.-based Oregon Iron Works.

The company’s Vancouver facility, at the site of the former Kaiser shipyard at 3515 S.E. Columbia Way, now has about 100 employees and potentially could grow to double that number, Hickman said. “We have a lot of work for that facility,” he said.

The merger will allow the combined company to bid on larger and more complex projects than either could have handled on their own, Hickman said. “Having the facilities to do that is key,” he said, adding that Oregon Iron Works has invested heavily in its Vancouver site.

PORTLAND — Oregon Iron Works and Vigor Industrial are forming a combined company that will employ about 2,300 workers in the Pacific Northwest.

The Portland-based industrial firms announced the merger Wednesday, saying Oregon Iron Works will become a subsidiary of Vigor Industrial.

The companies said in a statement that combining Oregon Iron Works’ fabrication abilities with Vigor’s shipbuilding and marine-launch capabilities will allow them to complete large-scale projects that neither company could do alone.

The companies expect the merger to be finalized before July.

Besides Oregon, the company will employ workers in Washington state and Alaska.