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Latest News

EDC plots strategies for growth

Consultant suggests group boost funding, focus efforts on ‘innovation clusters’
February 26, 1997
Jennifer Hesse
The Spokane Area Economic Development Council plans within the next few months to discuss with its major funding partners raising additional money it says it needs to implement a consultants strategy recommendations. The EDC had hired Audrey
Read More

Downtown vacancies spike

More Class A space in core sits empty; MetropolitanÂ’s cutback is just one factor
February 26, 1997
Linn Parish
Office vacancies in downtown Spokane have jumped sharply in the last six months and could become more widespread, Spokane-area real estate agents say.With more premium floor space on the market there nowand more becoming for tenants are to to
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Truckers transfer fuel costs

Runaway prices drive transportation companies here to raise surcharges
February 26, 1997
Jennifer Hesse
As fuel prices continue to climb across the U.S., trucking and delivery companies here are shifting the load of additional expense onto their customers through fuel surcharges to help offset their costs.The rising fuel prices are pinching and a
Read More

Hillyard launches efforts to pick itself up

Time and money spent on downtrodden area; freeway vital to change
February 26, 1997
Marc Stewart
Hillyard business leaders and the city of Spokane are working together on an economic-development strategy to transform the underutilized former railroad community into a more vibrant commercial and residential center.The city has budgeted for
Read More

Sub work on horizon at convention center

Nearly $40 million in jobs to be let throughout year
February 26, 1997
Linn Parish
More than $40 million in subcontract work for the big Spokane Convention Center expansion project will be coming down the pike in the nearing months, with much of it to be awarded this summer. The Spokane Public Facilities District and a joint
Read More

PC Open owners form new IP video company

Securgen makes products for sending digital video via high-speed Internet
February 26, 1997
Linn Parish
The owners of PC Open Inc., a fast-growing electronics equipment manufacturer here, have formed an affiliated company to make computer servers and software for next-generation digital video recording. The new company, Securgen LLC, has begun of
Read More

Post Falls travel agency surpasses pre-9/11 sales

Travel Management Inc. projects its revenues will reach $16 million for 2004
February 26, 1997
Marc Stewart
Travel Management Inc., a Post Falls travel agency and tour operator, says its revenues now are 30 percent higher than they were before the Sept. 11, 2001, terrorist attacks that crippled the travel industry.The company projects $16 million in
Read More

Fireplace log maker files Ch. 11

Dellen Wood Products Inc. lists assets of $1.1 million, liabilities of $3.5 million
February 26, 1997
Kim Crompton
Dellen Wood Products Inc., a 43-year-old Spokane maker of fireplace logs, has filed for Chapter 11 bankruptcy protection.Documents that the company has filed with U.S. Bankruptcy Court here list its total assets at about $1.1 million and its at
Read More

RiverstoneÂ’s size doubles with purchase of quarry

Spokane developer plans to develop mining property for office, retail, and homes
February 26, 1997
Marc Stewart
A company headed by Spokane developer John Stone has doubled the size of the big, mixed-used Riverstone development in Coeur dAlene, by agreeing to buy a neighboring, massive gravel quarry along the Spokane River from Central Pre-Mix Concrete of
Read More

State Farm combines claims operations here

Illinois-based company will employ 60 people at Iron Bridge building
February 26, 1997
Jennifer Hesse
State Farm Insurance Co., of Bloomington, Ill., is consolidating its Spokane-area and Coeur dAlene automobile and homeowners insurance claims offices by moving them to a building at the Iron Bridge Corporate Campus here.State Farm will 60 a
Read More
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