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Latest News

—Mike McLean

Post Falls parts maker restrengthens through reshoring

Swiss Tech owner took over operations last June
May 19, 2016
Mike McLean
Swiss Tech Precision USA, a Post Falls company that makes critical metal parts that other manufacturers use in a variety of products, is regaining strength largely through reshoring efforts of its U.S. customers, says Christopher Mark Choate, who bought S
Read More
—LeAnn Bjerken

Inland Empire Distribution Systems stays on upward trajectory

Company plans to expand Pasco warehouse facilities
May 19, 2016
LeAnn Bjerken
Inland Empire Distribution Systems Inc., a Spokane Valley-based warehousing and distribution company, is experiencing its sixth consecutive year of growth, says Jim Ewers, company president and CEO. 'The growth we're experiencing is due mostly to exp
Read More
—Kevin Blocker

Pearson Packaging's growth wave

Company plans to add more workers to operation here
May 19, 2016
Pearson Packaging Systems, the West Plains-based maker of packaging equipment, says it expects double-digit revenue growth this year and for the foreseeable future. President and CEO Michael A. Senske says the company has experienced that sustained level
Read More
-

Spokane Valley manufacturer CXT begins partnership with hydroponics company

Containers set up to grow produce in harsh climates
May 19, 2016
LeAnn Bjerken
Spokane Valley-based CXT Inc. has begun a new manufacturing partnership with Vertical Harvest Hydroponics LLC, an Anchorage, Alaska-based company that designs and builds what are called containerized growing systems. Containerized growing systems are co
Read More

Meridian to build City Hall in Valley

$10.6 million contract awarded for construction
May 19, 2016
Mike McLean
The city of Spokane Valley has awarded a $10.6 million construction contract for its planned City Hall to Meridian Construction Inc., of Spokane Valley. Meridian had submitted the lowest bid to erect the 65,200-square-foot facility, which will include th
Read More

Moses Lake company buys two complexes on Spokane's North Side

$17.9 million transaction includes 300 apartments
May 19, 2016
Mike McLean
Moses Lake-based real estate investment company 5D Holdings LLC has bought for $17.9 million two apartment complexes with a total of 300 living units on Spokane's North Side. The complexes are the Serrano Apartments, located at 121 E. Wedgewood, and th
Read More

Editor's Notebook: Unearthing trends in market data

-
May 19, 2016
Linn Parish
When mining for data that shows Spokane's economy is doing well, one doesn't have to dig too deep. The Journal staff, when preparing the 90-plus charts and graphs in the 2016 Market Fact Book published with this May 19 edition, unearthed new numbers
Read More

Editorial: Spokane Tribe's plan is too risky a wager

-
May 19, 2016
Staff Report
After months of information gathering, Gov. Jay Inslee is believed to be close to making a decision on the Spokane Tribe of Indians' proposal to develop an off-reservation casino in Airway Heights, near Fairchild Air Force Base. We urge him to act in t
Read More

Gold Reserve completes stock offering

Spokane mining company raises more than $34 million
May 19, 2016
Spokane-based mining company Gold Reserve Inc. says it raised just more than $34 million in a private placement stock offering where the proceeds will be used for general working capital purposes. The stock offering closed this week. Since March, Gold R
Read More

Helicopter operator leases Felts space

White Rabbit Heli Tours began earlier this month
May 19, 2016
LeAnn Bjerken
The Spokane Airport Board has approved a lease agreement with White Rabbit Aviation LLC for space in the main terminal building at Felts Field. Founded by owner Alan Bly in 2014, Spokane-based White Rabbit Aviation provides aircraft leasing and aviation
Read More
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