Monford Orloff
Monford Orloff was born in Omaha, Nebraska, United States on March 29th, 1914 and is the American Businessman. At the age of 85, Monford Orloff biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
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Born in Omaha, Nebraska, he grew up in Nebraska and New York City and completed high school in Vancouver, British Columbia. He graduated from Stanford University in 1937 and was elected Phi Beta Kappa, in 1940 he graduated with a J.D. from Harvard Law School. He served in the U.S. Army in World War II first as an infantry officer then in intelligence.
In 1951, he settled in Bellingham, Washington and began practicing law there. In 1952, Mt Baker Plywood, one of his clients, was facing bankruptcy. Orloff signed on as general manager and successfully turned the company around.
In 1959, he bought the Aberdeen Plywood Co., in Aberdeen, Washington. As the CEO of Aberdeen Plywood and Veneers Inc. he orchestrated a merger with Plymouth, Michigan based Evans Products in 1961. He became president of Evans moving the corporate headquarters to Portland, Oregon. Under Orloff's leadership the company developed a combination of retail building materials stores, building and wood products, railcar and trailer manufacturing, heavy equipment leasing and home building and financing.
In 1972, he resigned. Two years later, due to interest rate increases and cuts in housing starts bringing massive losses to Evans (the company saw its stock fall from $13 a share to $2 a share) Orloff returned to his post. He cut many of the company's money-losing sectors, bringing confidence back to his investors. In 1979, Evans' share price rebounded and the company produced $1.5 billion in annual sales.
Evans Products was taken over by Victor Posner in 1983 and Orloff stayed on as a consultant until 1985 at which time he became Chairman of FEI Corporation in Hillsboro, Oregon.