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Latest News

Banner plans business-loan office here

Commercial lending center slated to open in January in Riverpoint One Building
February 26, 1997
Linn Parish
Banner Corp., the Walla Walla, Wash.-based parent of Banner Bank, plans to open a commercial lending center here in January. Banner has leased about 3,500 square feet of office space for the new center on the second floor of the Riverpoint One
Read More

New York tech company opens small office here

NeotechÂ’s CEO will head operations downtown that will cover all of West Coast
February 26, 1997
Paul Read
A New York-based company that provides front-line sales and customer-support people to small technology companies is opening a Spokane office that will be headed by its CEO and from which it plans to market itself on the West Coast.The company,
Read More

Fewer employers upped entry-level pay this year

Annual survey by Spokane employers group includes data on benefits, pay ranges
February 26, 1997
Paul Read
A new compensation survey by Associated Industries of the Inland Northwest has found that employers here offered the lowest bump in starting pay for entry-level workers this year than at any time in the surveys 14-year history.Only 28 percent
Read More

Washington Trust plans new branch

Bank to remodel former Walgreens Rxpress outlet on North Maple Street
February 26, 1997
Addy Hatch
Washington Trust Bank plans to open a new, full-service branch early next year in a remodeled former Walgreens pharmacy building at 3810 N. Maple. The Spokane-based bank has purchased the Walgreens site for an undisclosed amount and, assuming &
Read More

Seattle-based company agrees to buy Academy

Acquisition will allow Merrill Gardens to enter retirement market here
February 26, 1997
Linn Parish
Merrill Gardens LLC, a Seattle-based retirement-center owner and operator, has agreed to buy the Academy Retirement Community here.The company is buying the 99-unit North Side retirement center from The Academy LP, a partnership headed up by is
Read More

Large tax-increment financing district eyed

Proponents hope to use tool to spur increased West Plains development
February 26, 1997
Kim Crompton
Spokane real estate developers Dick Edwards and Pete Thompson are spearheading an effort to create a tax-increment financing district that would encompass about 2,000 acres of land on the West Plains.Edwards says he and Thompson, both of Inc.,
Read More

A small eye in the sky

ChopperCam Inc.
February 26, 1997
Megan Cooley
When Spokane resident Brett Nelson started tinkering with remote-control helicopters at age 13, he didnt realize the boyhood hobby someday would blossom into a business.Nelson, a Delta, British Columbia, native and Washington State University
Read More

Argus eyes expansion, acquisitions

Security company to open three new offices, hopes to buy three competitors
February 26, 1997
Linn Parish
Already among the fastest-growing companies in Washington state, the Spokane-based security company Argus Services Inc. is planning an aggressive expansion into the southwestern U.S. during the next year.Separately, Argus is negotiating to Jim
Read More

New tax law helps businesses

Economic-stimulus bill includes more deductions, operating-loss flexibility
February 26, 1997
Linn Parish
Last year, tax-law changes provided individual income-tax relief. This year, however, its all business.A federal economic-stimulus bill, called the Jobs Creation and Workers Assistance Act and signed into law last spring, provides a for a
Read More

Sandpoint condo project set

$31 million TimberBay development planned for Lake Pend Oreille waterfront near downtown
February 26, 1997
Addy Hatch
A prominent Sandpoint family is planning a $31 million, 102-unit condominium development on the last big piece of undeveloped lakefront property inside the North Idaho resort towns city limits. Construction of the sprawling project, to be is
Read More
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