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Latest News

—Jensen Byrd Development LLC

More construction anticipated on WSU Spokane campus

University also preps for first medical school class
March 2, 2017
Mike McLean
Washington State University Spokane will be humming with new activity this year, both in construction and in medical education, on its health sciences-focused campus in the University District east of downtown. On the construction side, Garco Constructio
Read More

Northwest Farm Credit's earnings drop

Co-op says some markets affected by oversupply
March 2, 2017
LeAnn Bjerken
Northwest Farm Credit Services has reported 2016 earnings of $247.2 million, a decrease of $8.4 million, or 3 percent, compared with $255.6 million in 2015. The Spokane-based agricultural lending cooperative says higher earnings in 2015 were a result of
Read More

Blue Water Technologies' new owner moves office to Post Falls

Nexom keeps engineering operations in North Idaho
March 2, 2017
Mike McLean
Nexom Inc., a Wisconsin-based wastewater treatment technology provider, has moved the former Blue Water Technologies Inc. office to Post Falls, says research and development manager CJ Strain. The Nexom office now occupies 1,900 square feet of leased spa
Read More

Inland Power & Light posts higher net margin

Energy cooperative here doesn't expect rate hikes
March 2, 2017
Inland Power & Light Co., the Spokane-based electric cooperative, has posted a net margin of $4.8 million for 2016, up 50 percent from $3.2 million in 2015. For the nonprofit co-op, net margins are the equivalent of a for-profit company's net income.
Read More
—LeAnn Bjerken

Group Health moves into future under Kaiser name

Officials look to enhance facilities, add members
March 2, 2017
LeAnn Bjerken
Changes are once again coming for Seattle-based health carrier Group Health Cooperative, following its acquisition by Oakland-based health insurer Kaiser Permanente, which was completed in early February. While officials here say the acquisition won't
Read More
—Treva Lind

Virtual care options expand in Spokane as demand grows

Patient satisfaction scores reportedly high for services
March 2, 2017
Treva Lind
While resting in her Cheney home, Robin Allen turned to her smartphone for a face-to-face video chat with a nurse practitioner to discuss a recent infection. Within a 10-minute virtual exam, Allen received a diagnosis of pink eye. She didn't feel well
Read More
—Kevin Blocker

Home equity loan demand expected to rise here

HELOC volumes surpass peaks during recession era
March 2, 2017
Spokane-area lenders say they've recently been approving more applications for home equity lines of credit, commonly referred to as HELOC loans, reminiscent of around the time of the Great Recession. 'We're seeing home equity lines of credit reach
Read More
—Kevin Blocker

Two big behavioral health projects get rolling in Spokane

Facilities slated to expand area's psychiatric services
March 2, 2017
Behavioral health providers have started work on two new facilities that, when up and running, are expected to expand psychiatric services here dramatically. Providence Health & Services has started clearing a site on the lower South Hill for a $34 milli
Read More
—LeAnn Bjerken

Spokane-area credit unions looks to expand commercial lending

Several cooperatives expand business lending services here
March 2, 2017
LeAnn Bjerken
Following several years of increased demand for commercial lending services here, several credit unions say they're looking to put greater emphasis on building up that portion of their loan portfolios. Lynn Heider, vice president of public relations a
Read More
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SBA-backed lending starting strong in the Inland Northwest this year

Loan volume decreased by 5.2 percent last year
March 2, 2017
Mike McLean
U.S. Small Business Administration-backed lending has started strong in 2017, and demand for the guaranteed loans looks to remain steady, some top SBA lenders here say. Ted Schinzel, SBA's Spokane branch manager, says, however, that although 2017 has s
Read More
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