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Latest News

Visiontec seeks investors, hopes to raise $5 million

Company plans to double, maybe triple, floor space within the next six months
February 26, 1997
Lisa Harrell
Visiontec LLC, a Spokane contract manufacturer, is seeking investors and hopes to raise at least $5 million to buy new equipment and buy or lease additional manufacturing space here.The 3-year-old company initially specialized in assembling used
Read More

Diving for dollars in the deep

Norwesco Marine Inc.
February 26, 1997
Kim Crompton
Imagine driving a wide-bodied Hummer more than nine miles down a dark, 24-foot-diameter yet-to-be-flooded sewer discharge pipe thats buried under the Atlantic Ocean floor near Boston Harbor. The purpose is to remove 55 water-tight bulkheads at of
Read More

Daines eyes $50 million office park

Complex could house 1,000 workers, but tenants must be secured if itÂ’s to proceed
February 26, 1997
Lisa Harrell
Packet Engines Inc. founder Bernard Daines says a high-tech office park he hopes to develop in the Spokane Valley could house dozens of buildings with up to 3 million square feet of floor space and the capacity to house more than 1,000 workers. for
Read More

Developers tee up more links

In light of healthy market, new courses are planned to attract upscale golfers
February 26, 1997
Linn Parish
Excuse the pun, but the Spokane-Coeur dAlene golf market is at par with demand.That, however, is about to change.The golf course-to-population ratio here matches the national average, and area golf pros say their courses are busy, but not
Read More

Logan Industries looks global

Telect spinoff to employ 150 by year-end, open additional facilities outside U.S. soon
February 26, 1997
Anita Burke
Newly spun off from Liberty Lake-based Telect Inc., Logan Industries Inc., a contract manufacturer for the electronics and other high-tech industries, plans to add about 20 jobs here by the end of the yeargiving it a total of 150 workersand to
Read More

Costco hopes to expand North Side store here

Warehouse retailer seeks county approval to add 16,000 square feet of space
February 26, 1997
Linn Parish
Costco Companies Inc., an Issaquah, Wash.-based membership warehouse chain, is seeking county approval to add about 16,000 square feet of floor space to its store on Spokanes North Side.At a public hearing set for July 7, Costco will request a
Read More

Work on big office building may start soon

Vandervert disclosed plans for $10 million project at Northpointe in 1997
February 26, 1997
Linn Parish
Northpointe Office Building LLC, a development company headed by prominent Spokane developer Dick Vandervert, hopes to start work within 90 days on a new, $10 million office building on Spokanes North Side. The three-story, 102,000-square-foot
Read More

First National to triple its number of branches

Spokane lender expects to employ 50 by year-end
February 26, 1997
Lisa Harrell
First National Financial Group Inc., of Spokane, has opened three new branches in the last two months, giving it five, and plans to open a sixth office, in Vancouver, Wash., within the next two weeks.Glen Hays, a director and senior shareholder
Read More

Foreclosures soared again here last year

County approaches highs, last seen in the late 1980s, of 800-plus defaults a year
February 26, 1997
Kim Crompton
The number of foreclosures in Spokane County climbed sharply in 1998 for the third straight year, putting the county within mortgage-tossing distance of highs not seen here since the late 1980s, according to county auditors figures.A total of
Read More

Two Idaho golf projects move ahead

One new course is almost finished; plans for second readied for county review
February 26, 1997
Linn Parish
Two major golf course developments, both of which will be semiprivate and designed to appeal to upscale golfers, are planned in Kootenai County.One course, called The Links Golf Course, is being built north of Post Falls on the Rathdrum Prairie
Read More
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