Erickson Air-Crane revives IPO plans


Portland helicopter manufacturer Erickson Air-Crane renewed plans for a public stock offering. 

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Portland helicopter manufacturer Erickson Air-Crane renewed plans for a public stock offering.

Erickson took its first step toward an initial public offering two years ago, but put off plans amid uneven financial results. On Wednesday, the company proposed a stock price range between $13 and $15. 

No Oregon company has held an initial public offering since 2004, when Portland restaurateur McCormick & Schmick’s and Beaverton-based Cascade Microtech went public.

Read more at OregonLive.com.

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