165 to be laid off by closing Oregon City company
A West Coast beverage distributing giant has bought a nearly 100-year-old Oregon City distributor, resulting in the loss of over 160 jobs.
Columbia Distributing announced the acquisition of General Distributing Inc., a family owned company serving the Portland-area since 1921.
"GDI's long history of service in this region doesn't go unnoticed," said Columbia President and CEO Chris Steffanci in a press release. "They've been a fierce competitor and have done a lot over the years to demonstrate the value of the three-tier system."
Terms of the deal weren't disclosed.
A notice from the Office of Workforce Investments and the Higher Education Coordinating Commission said GDI will permanently close on March 31. It also said 165 people will be laid off.
"I will always take great pride in what GDI stood for – superior service executed with the upmost pride, integrity and professionalism," said GDI President Charles Fick III, the grandson of company founder Charles Fick. "I'd like to thank all GDI employees, past and present, for their contribution to our century-long success, and I wish Columbia well in its future endeavors."
GDI distributes to the Portland-area for over 100 beer, wine and other beverage companies.
Columbia currently serves over 20,000 customers and covers over 135,000 in Washington, Oregon and California.