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THE BULLETIN • TUESDAY, OCTOBER 6, 2015
BEST OFTHE
EXECUTIVE FILE
se emen announce
BIZ CALENDAR What:Mecca Grade TODAY • Innovations in Fraud — New te Protect Your Business Against the Newest Threats: Learn about internal fraud, externalthreats and cyber crime. Seminar qualifies for continuing education credits for CPAs; free; 7:30 a.m.; The Riverhouse Hotel8 Convention Center, 3075 N. U.S. Highway 97,Bend, 541-388-8708. • Search Engine Strategies I: Learn search engine optimization from a professional search engine marketer; through Oct. 20; $99; 6 p.m.; Central Oregon Community College, 2600 NWCollege Way, Bend, 541-383-7270; www.coco.edu. • SCORE Business Counseling: Business counselors conduct free one-on-one conferences for local entrepreneurs. 5:30 p.m.; Downtown Bend Public Library, 601 NW Wall St., Bend, 541-706-1 639. • Excel 2013 Level I: Create, edit, format and save aspreadsheet using Excel 2013.Write formulas, create charts and customize theappearance of worksheets to meetyour needs. Prerequisite: basic Windows experience. Cost includes textbook for the class. Meetstodayand Thursday; $89; 9 a.m.; Central OregonCommunity College Chandler Lab, 1027 NW Trenton Ave,Bend, 541-383-7270, www. cocc.edu/continuinged/ software. WEDNESDAY • Business Startup Class: Cover the basics in this two-hour class and decide if running a business is for you; $29; 11 a.m.; COCO Chandler Lab, 1027 NW Trenton Ave., Bend, 541383-7290, www.cocc.edu/ sbdc. • Electronics101: Eight two-hour classes for anyone interested in electronics. No prior technical knowledge required; $100; 6 p.m.;
E::SpaceLabs,48 SE
Bridgeford Blvd., Bend, www.espaceslabs.corn/ basic-electronics-101.html. FRIDAY • Excel 2010 Level II: Take your Excel 2010 knowledge to the next level by managing multiple worksheets, applying advance functions, adding graphics and using templates. $89, including textbook; 9a.m.;COCO Chandler Lab, 1027NW Trenton Ave., Bend, 541383-7270, www.cocc.edu/ continuinged/software. • For the complete calendar, pick up Sunday'sBulletin or visit bendbulletin.corn/ bizcal
DEEDS Deschutes County • Patrick L. McDevitt to Steven D.andAngela M. Boothroyd,trustees of the Boothroyd Family Revocable Trust, Townsite of Redmond, south half of Lot 2 and all of Lots 3-4, $185,000 • William D. andAnn R. Thomason to David A. and Leah B.Naftalin and Marvin Beshore, Township 16, Range11, Section 34, $687,450 • Audrey Colker to Michael T.andCatherine H. Wallenfels, Township 16, Range11, Section 28, $936,000 • Douglas J. Bennett to Mare Fortier, Skyliner Summit at BrokenTop, Lot 84, $575,000 • Gregory and JaneCuster to Andrew andPhillis Ehlers-Hardie, trustees of the Ehlers-Hardie Revocable Inter Vivos Trust, The Bluffs at River Bend, Phase1, Lot 9, $301,000 • Pahlisch Homes Inc. to Tianna L.Welch and Robert G. Newey,McCall Landing, Phase 1,Lot111, $417,250 • Troy G. andRuth K. Longstroth to Gregory J. and Sara N.Ausman, Cline Falls Oasis Subdivision, Lot 8, Block 1, $285,000 • Hayden HomesLLCto Bruce CouchandSonya Petrakis, Pettigrew Place, Phase1, Lot 6, $224,101 • U.S. Bank N.A., trustee for MASTRAsset Back Securities Trust 2006HE4, to Li Westenfelt, PinehavenSubdivision, Lot 3, $240,000
Estate Malt
oP-,
What it does:Grows a specific variety of barley and malts it for brewers and distillers Pictnred:Brad Klann, right, and Seth Klann, founders of Mecca Grade Estate Malt LLC Where:9515 NWColumbia Drive, Madras Employees:Two Phone:541-231-2801 Wehsite: meccagrade.corn
AF s
By Eric Tucker
support for coastal wetlands, fish and birds.
WASHINGTON — The Justice Department and five
would cover other costs, such
states announced Monday a $20 billion final settlement of claims arising from the 2010
JosephDitzler i The Bulletin
a ma es e ecca ra e
"BP is receiving the punishment it deserves, while also providing critical compensation
MADRAS — In the brewing world, hops tend to overshadow their teammate malt in the flavor category. Brad Klann and his son Seth Klann are working to change that by growing and malting a particular variety of barley that imparts distinct flavor characteristics and then selling it to craft brewers and distillers. They are betting the farm on the success of Mecca Grade Estate Malt. The Klanns' operation, based on sumer has supported and is also a 1,000acres in Jefferson County, is reason why (Mecca Grade) will be in its infancy. At its heart is a proto- a success." type malter that, so far, has proved Where the wind blows across the concept by providing a relative- a dusty patch of Jefferson Counly small amount of malt to brew- ty on Seth Klann's farm, the two ers in Oregon and California who men have staked out a site for have turned out several distinctive a 25,000-square-foot, full-scale brews. malting facility. It lies in the shadThe single malt the Klanns pro- ow of four brand-new grain silos, duce is a departure,they say,from each capable of storing more than the blended, flavor-neutral malts 900,000 pounds of grain, the remost craft brewers start with. The
serve the Klanns anticipate they' ll need to meet demand. In a small
variety of barley they' re growing, called Full ~t, was developed by building nearby rests the prototype Oregon State University. It carries they designed themselves with the a "really sweet, almost nutty gra- help of engineers from a Willaham cracker" taste, Seth Klann mette Valley firm they declined to satd. He and his father said they see an opportunity to steal some of the
name. Wary of competitors,they're reluctant to share details. "It's the Area 51 of malting," Seth Klann said.
spotlight from hops. "Nobody's doing identity-preEssentially, they' ve combined served, single-variety malts like we the three stages of malting barley are," said Seth Klann. "This is the — soaking the barley kernels, turnflavor that comes from our farm. ing them for even germination and, It's not a mix, and because we' re finally, toasting them to produce growing these varieties that are m alt — into one machine. T h e really complex, we end up with a Klanns spent the last four years dereally complex malt." veloping the process. A handful of craft brewers used The prototype, which produces their malt to produce some tasty 700 poundsofmalted barley each brews that proved the K lanns' week, worked well enough to perconcept, they said. Mazama Brew- suade the two to build a production ing, of Corvallis, this year used facility capable of 20,000 pounds Mecca Grade malt in their Oregon per week. They expect to have two SMASH (for Single Malt and Sin- larger malters in service by Februgle Hop). Brewer Veronica Vega, of ary, Brad Klann said. Clients are DeschutesBrewery, collaborated already lining up, he said. "We have people that are waiting with the Klanns on Central Oregon Saison, a beer made of local- for it," Brad Klann said. "We have ly sourced ingredients, including a big chunk (of production from) M ecca Grademalt,Madras cori- the big facility already committed ander and CentralOregon carrot now. I think there's a lot of people honey. just waiting to see if we' ll deliver on "We got really good feedback this. What we' re doing, no one else from the beer," Vega said Monday. Is dotng. "The local and regional ingredi— Reporter:541-617-7815, ents, that's a trend that the con-
Sr. and Jennifer A. England, Ridge at EagleCrest 27, Lot 78, $329,000 • Dan and David J. Turner, who acquired title as David L. Turner, to Peter C.and Jamie R. Warnke,Township 18, Range12,Section 2, $179,500 • James E. andDenise D. Tucker to Erik T.andJami B. Olson, First Addition to Whispering PinesEstates, Lot 8, Block 3, $253,000 • Andrew T. Zepp, trustee of the Mary D.ZeppOregon Trust, to Darwin C.and Rita A. Born, Ridge atEagle Crest 11, Lot 36, $220,000 • Five Sisters Holdings LLC to Scott R. Jewell and Gabriella I. Pecora, Skyliner Summit at BrokenTop, Lot 257, $750,000 • Janelle M. and Mark R. Schmid to Gregory J.T.and Kaylee L. Boiler, AspenRim, Lot 70, $289,999 • Steven D. andDiane M. Brown to EnnazusLLC, Fall River Estates, Lot 5, Block 3, $225,000 • Michael N. andKarin L.
was the Q •• What genesis of this, to take the risk? I~ • Seth Kiann: ~ • Mainly me bugging Dadabout ! I I~
it. I~ • Bred Kinnn: ! • Our family' s been farming here for over 100 years. We wanted to keep the family farm going, to (help) the grandchildren and great-grandchildren keep the farm going. ~
II
~
do Q •• Where you expect the business to be in three to five years? • Bred Kinnn: • Our building (will be) big enough to expand our machines.... We' ll expand as fast aswe have to, and aslong as we havesales and everything is going good, we' ll expand. • Seth Kienn: • We kind of tied malt production to the growth of our farm, too, and I think that's pretty attractive. No one isdoing estate malting.
A
jditzler@bendbulletin.corn
Walsh to TarynYatesand Eugene A.Yates III and Martha Y.Yates, Buena Ventura, Lot 9, Block 3, $310,000 • Sharon B. and Jeffrey A. Longridge to Becky R. and Bradford J. Thiessen, Braeburn, Phase 2,Lot 32, $405,000 • Troy A. and PamelaK. Noland andRobert J. and Ruth E. Nichols to Scott Aley and DeidraTowers, Forest Park I, Lot14, Block1, $189,000 •DunlapFine HomesInc. to Charlie McLaughlin, Tamarack ParkEast, Phase 2, Lot1, Block 4, $260,000 • Dunlap Fine Homes Inc. to Kirsten andTobin Dresser, Meadowbrook Estates, Lot 6, Block 4, $176,600 • Betty S. Faith and Wiliam S. Shelton to RenateE. Addington, Summit Park, Lot 5, $210,000 • Melanic F. Pierpont to James D.Weston, Tamarack Park East, Phase 4,Lot 34, Block 7, $275,000 • Clifford A. and Judith
Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would resolve all civil daims against BP and end five years of legal fighting over the 134 million-gallon spill. It also would bind the company to a massive cleanup project in the Gulf Coast area aimed at restoring wildlife, habitat and water quality.
By Joseph Ditzler• The Bulletin
• Scott L. Huntsman to Janey M. Purvis, Northwest Crossing, Phase 5,Lot 200, $420,000 • Phillip C. and Lorraine R. Paschke to Leonand Vicki Risch, trustees of the Risch Family Trust, Umatilla Heights, Lot 7, $292,500 • Kevin F. andJoanna P. Phalen to SamuelD. Kimerling, Rolling Hills, Lot 35, Block 2, $250,000 • Brad and DebraPearson and Jean Kiesling to Don Jerod, Luis LopezandKeri L. Ellen Lopez,SecondAddition to Whispering PinesEstates, Lot 5, Block 20, $170,000 • Lorie Weber to Kevin and Jennifer West, Replat of Orion Estates, Lot 5, Block 15, $419,000 • Krystal A. Lien to Michele A. and Joel A. McCabe, North Wind Estates, Lot12, $258,000 • Cheryl A. Davis to Melissa Scott and Edwin Campos, Tanglewood, Phase 7,Lot 9, $475,000 • Curtis E. and Sharyn L. W eiss toLew W .England
The Associated Press
M. Burbank to Sherryl K. Roberts and PeggyL. Cliburn, Fairway Crest Village, Phase 4,Lot 8, Block 31, $470,245 • Thomas D. andTerry L. Sager to Russell L. and Judith E. VanBeek,Hollow Pine Estates, Phase 5,Lot 106, $365,000 • Richard A. and Stephanie K. Pearce,trustees ofthe Richard andStephanie Pearce RevocableTrust, to Brian E. andHalie A. Groza, trustees of the GrozaFamily Trust, Township 18, Range 11, Section 24, $255,000 • Rubber Tooth Investments LLC to Kent E.and Susan M. Couch, Bradetich Park, Lot 1, Block 1, $385,000 • Carl J. Seneker II and Julie P. Seneker, trustees of the SenekerFamily Trust, to Stephen G.and Stacey L. Dehmer, BrokenTop, Phases 5Aand6A, Lot 499, $1,315,000 • Joseph G. andSteveA. Dunn to William G.andLinda D. Guy, Antler Ridge, Phase 1, Lot 4, $216,500
An additional $600 million as federal and state reimburse-
ment claims. And up to $1 billion would go to local governments to settle daims for eco-
nomic damage from the spill. A coalition of conservation organizations, induding the National Audubon Society and the Environmental Defense Fund, praised the settlement in
a joint statement. The groups said while the full damage of the oil spill may not yet be known, the process "will help bring the Gulf back to the state it was before the spill,
and the release of this plan is a positive step toward that end."
for the injuries that it caused to the environ-
The spill followed the April 2010 explosion
ment and theeconomy Lynch of the Gulf region," Attorney General Loretta Lynch said at a Justice Department
on an offshore rig that
killed 11 workers. BP earlier settled with people and
businesses harmed by the spill, a deal that's so far resulted in "The steep penalty should $5.84 billion in payouts. inspire BP and its peers to take A report by Deepwater Horievery measure necessary to en- zon Natural Resource Trustees sure that nothing like this can called the oil spill damages ever happen again," Lynch said. "unprecedented." It found deep The settlement, filed in ocean water currents carried federal courtin New Orleans, oil from the spill hundreds of finalizes an agreement first an- miles from the blown-out well. nounced in July. The next steps Oil from the spill was deposare a 60-day public comment ited onto at least 400 square period and court approval. miles of the sea floor and In a statement, BP spokeswashed up onto more than man Geoff Morrell said the 1,300 miles of shoreline from news conference.
settlement total announced Monday includes amounts
Texas to Florida. The oil was
previously spent or disclosed by the company and "resolves the largest litigation liabilities remaining from the tragic accident."
turtles and mammals, causing
Among other requirements,
BP would have to pay $5.5 billion in Clean Water Act penalties and nearly $5 billion to five Gulf states: Alabama, Florida, Louisiana, Mississippi and Texas.
toxic to fish, birds, plankton, death and disease and making it difficult for animals to reproduce. Environmental Protection
Agency Administrator Gina McCarthy said that besides
the toll on human life, "the spill drove Gulf communities into a period of painful uncertainty, forcing questions that no American family shouldever
The company would also be required to pay $8.1 billion in natural resource damages, with funds going toward Gulf
have to ask: Is my food safe to
restoration projects, such as
my businesses ever recover?"
eat? Is it dangerous for my kids to play near the shore? Is the air still clean to breathe? And will
SupremeCourt won't
hear insidertrading case By Adam Liptnk
panel of the appeals court, the
New York Times News Service
2nd U.S. Circuit Court of Appeals, in New York, overturned
WASHINGTON — The
Supreme Court on Monday refused to review an appeals
the convictions last year.
court decision that made it
It ruled the original tips were not unlawful because
hardertoprosecuteinsider
the company insiders had not
trading. As is their custom, the
disclosed confidential information in exchange for a personal
justices gave no reasons for turning down the case. In its petition urging the
benefit. That ruling was based
on a 1983 Supreme Court decision, Dirks v. Securities and Justice Department said the ap- Exchange Commission, which peals court's decision "unjustifi- requires evidence the insider ably impedes the government's "directly or indirectly" gained ability to restrain and punish" something from the initial those who trade on confidential disclosure. information. Allowing the rulThe appeals court interpreting to stand, the petition said, ed that requirement narrowly, will "hurt market participants, saying it required "proof of a disadvantagescrupulous marmeaningfully dose personal ket analysts and impair the relationship that generates government's ability to protect an exchange that is objective, the fairness and integrity of the consequential and represents securities markets." at least a potential gain of a The case, United States v. pecuniary or similarly valuable Newman, No. 15-137, connature." cerned trading at two hedge The court added prosecutors funds that was said to be based must also prove the defendants on inside information about knew they were trading on information of this sort. It said coming earnings announcements. The defendants, Todd there was insufficient evidence Newman and Anthony Chias- on this second point. son, learned the information The government asked the indirectly and said they did Supreme Court to review only not know enough about the the first ruling, on the kind of original tips to be held crimiproof required to establish the nally responsible for trading insider's personal benefit. It on them. should be enough, the governcourt to hear the case, the
Newman, a former portfolio
ment said, to show the insider
manageratDiamondback Capital Management, and Chi-
had freely given "a gift of in-
asson, a co-founder of Level Global Investors, were convicted in 2012. Newman was sentenced to 54 months in prison, and Chiasson to 78 months.
relative without receiving money or valuables as a result."
A unanimous three-judge
formation to a trading friend or The government did not
challenge the second ruling, on what the defendants had to know.