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Latest News

—Staff photo by Jessica Valencia

Powering up folded paper

November 8, 2012
Jessica Valencia
Andrew DePaula has managed to make paper smarter, thanks to a product he invented that combines the versatility of a USB flash drive with the low cost of paper.He founded a company in Edwall, Wash., last April named intelliPaper LLC to market a
Read More

Alternative financier plans move in Valley

Universal Funding expects to add about 10 employees once it's in larger quarters
November 8, 2012
Treva Lind
Spokane Valley-based Universal Funding Corp., a financing company that lends money to small- and medium-sized businesses against their accounts receivable, says it plans to move next spring into larger quarters inside the River View Corporate the
Read More

Aviation company to shutter

Spokane Airways to close flight school, repair shop; other units sold last year
November 8, 2012
Treva Lind
Spokane Airways, a decades-old business that now provides aircraft maintenance, small charters, and a flight school at the Spokane International Airport, will cease operations at the end of this year, says a member of the family that runs it.The
Read More

Zak Designs' Web store lifts sales

Dinnerware designer increases online shop to 600 items from 70
November 8, 2012
Jessica Valencia
Airway Heights-based dinnerware designer and manufacturer Zak Designs Inc., says it has expanded the retail selection available through its online store and has seen sales growth since it began marketing directly to consumers, a diversification its
Read More
Staff photo by Kim Crompton

New angel fund family set to launch

Kick-Start II will perpetuate organizer's focus on aiding emerging businesses here
November 8, 2012
Kim Crompton
Spokane entrepreneur and angel-investing fund organizer and adviser Tom Simpson says he has formed a new family of angel funds that shortly will begin making its first investments in emerging companies in the Inland Northwest.Named Kick-Start he
Read More

Mixed-use project set at Five Mile

$5.7 million complex to include apartments, retail, office buildings
November 8, 2012
Mike McLean
Spokane Valley real estate company Brumback Inc. has started site work for a planned $5.7 million mixed-use development at the former site of a Tidyman's supermarket in the Five Mile commercial district and expects to obtain building permits this a
Read More
—Staff photo by Jessica Valencia

Hotstart fields post-storm orders

Superstorm Sandy leads to fourth-quarter surge in demand
November 8, 2012
Jessica Valencia
Hotstart Inc., the Spokane-based engine heating equipment manufacturer, has reported a steady increase in employment and sales this year, bolstered by a recent influx of product orders as a result of Superstorm Sandy.Hotstart CEO Terry Judge a a
Read More

Red Lion reports $906,000 loss

October 25, 2012
Red Lion Hotels Corp., of Spokane, today reported a third-quarter net loss of $906,000, or five cents a share, down from a loss of $122,000, or 1 cent a share, in the 2011 third quarter.Through the first nine months of this year, the company has
Read More

Cd'A Mines reports quarterly loss

October 25, 2012
Coeur d'Alene Mines Corp. has posted a third-quarter net loss or $15.8 million, or 18 cents a diluted share, down considerably from net income of $31.1 million, or 35 cents a share, during the year-earlier period.In all, he company sold $230.6 in
Read More

Avista reports decline in net income

October 25, 2012
Avista Corp., of Spokane, has posted third-quarter net income of $5.8 million, or 10 cents a diluted share, down from $10.7 million, or 18 cents a share, during the year-earlier period.Company Chairman, President, and CEO Scott L. Morris says in a
Read More
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