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ESI restates revenues,
shuffles executive lineup
After restating its earnings for the first quarter of 2003, Electro Scientific Industries Inc. has revamped its top-level executive roster.
ESI said this week that James Dooley, the company's president and chief executive officer, has been placed on administrative leave until ESI completes an ongoing financial review. And David Bolender, ESI's board chairman, has stepped down.
Barry Harmon will replace Dooley, while Jon Tompkins will replace Bolender.
ESI, which makes testing equipment for electronics components, confirmed Tuesday that it will restate its earnings for fiscal 2003's first quarter. The company had expected its first-quarter revenues would reach $36.5 million; instead, they totaled $34.7 million.
Qwest gets go-ahead
for long-distance service
After nearly three years of trying, Qwest Communications International has earned approval to offer long-distance phone service in Oregon.
The Federal Communications Commission gave the OK after determining that Qwest, which dominates the local phone service market, would not misuse its position to monopolize its long-distance competitors.
Qwest, which also earned long-distance approval in New Mexico and South Dakota, has spent some $3 billion to demonstrate its willingness to keep local markets competitive. The company has said it will market long-distance services as part of an overall 'bundling' option that ensures customers receive just one bill for local and long-distance services.
blows into town
Cowboys looking for a place to cool their heels in Portland can take heart.
The storefront space at 425 N.W. Fifth Ave. in Old Town has been leased to the Coyote Ugly franchise.
The country-western saloon has locations in Las Vegas, Los Angeles, New York and other cities. The bar is famous for its female bartenders clad in ten-gallon hats, hip-huggers and little else.
The original Coyote Ugly saloon in New York City's East Village was the subject of a 2000 Hollywood film starring Piper Perabo in which the cowgirl-bartenders danced, sang and hog-tied their way through life's persistent questions.
The liquor application approval process has not been completed, says Oregon Liquor Control Commission's Ken Paulke. A decision is expected in late April.
Retrofit wraps up
at injured deputy's home
Painters and building contractors expect to finish renovations today to the home of injured Clackamas County sheriff's deputy Damon Coates, who was shot in the face while responding to a domestic disturbance call in January.
Drywallers, tile workers, plumbers, electricians and others have been installing a wheelchair ramp and widening doorways and halls in Coates' West Linn house this month to make it handicapped-accessible.
All the labor and materials have been donated. The Homebuilders Association of Metropolitan Portland says many of the donors belong to its Remodelors Council.
Coates is now in an in-patient rehabilitation unit at Legacy Good Samaritan Hospital.
Loss of distribution center
not all bad news for port
The Port of Portland lost a battle but is likely to be a big winner anyway.
Construction will start soon in Clark County, Wash., on a $40 million distribution center that will be the largest building in the county. The center will service Dollar Tree Inc., a nationwide discount store.
Dollar Tree had considered building at the Port of Portland's Rivergate site but instead chose the 330-acre Union Ridge development in Ridgefield, Wash.
Still, goods destined for the distribution center will pass through the Port of Portland.
Ñ Tribune staff