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Omega Morgan
Omega Morgan is a privately held company headquartered in Hillsboro, Oregon, Hillsboro in the U.S. state of Oregon. Founded in 1991, the 350-employee company specializes in heavy lifting, specialized transportation, machinery moving, crane and Rigging (material handling), rigging services, plant relocations, equipment installations, millwrighting, and applied and industrial metrology. History Morgan Industrial was founded in 1991 in North Plains, Oregon, by Joe Morgan, where the company served customers, including aerospace manufacturer Boeing, at industrial manufacturing sites around the Portland area. The company merged with machinery moving specialists Omega Rigging, based in Tacoma, Washington, in 2003. Jeff Morgan became the company’s CEO in 2004. The company announced in 2010 they would likely add 150 employees during construction of Intel’s D1X facility, which was on top of the 100 employees already working on projects for Intel. In 2011, the company renamed itself a ...
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Privately Held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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