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Latest News

Disappointing report drops Coldwater Creek's shares

Sandpoint company will miss profit projections, leading to big sell-off
November 4, 2010
Richard Ripley
Coldwater Creek Inc. CEO Dennis Pence told securities analysts Oct. 18 that five factors were behind disappointing results in the company's third quarter ended Oct. 30.The shares of the Sandpoint-based women's fashion retailer fell almost 35 on
Read More

Sandpoint's Litehouse plans large plant in southern Utah

Growing salad dressing maker to spend $10 million-plus
November 4, 2010
Kim Crompton
Litehouse Inc., the Sandpoint-based salad dressing maker, says it plans to spend more than $10 million to open a plant in the southern Utah rural community of Hurricane, and expects that the facility eventually will employ 162 full-time Frank, says
Read More
—Staff photo by Kim Crompton

Marketing Mighty Mustard

November 4, 2010
Kim Crompton
Siblings Kim and Matt Davidson didn't anticipate when they left other careers to take over family-owned Davidson Commodities Inc., of Spokane, that changing market conditions would spur them to revamp the 20-year-old grain-trading business almost a
Read More

Ziggy's store on Market Street to shut down

Building-supply retailer sold site to state in 2002 to clear path for highway
November 4, 2010
Mike McLean
Spokane-based building-supply chain Ziegler Lumber Co. says it will close its 45-year-old, original retail store on North Market Street this month to make room for the North Spokane Corridor project. Company founder Vern Ziegler says he decided
Read More

Key Tronic predicts record annual sales

Spokane company racks up 53 percent growth in revenue, strong earnings in quarter
November 4, 2010
Richard Ripley
Key Tronic Corp., of Spokane, says it expects to achieve record revenue in its 2011 fiscal year after announcing its highest-ever quarterly revenue in its fiscal first quarter, ended Oct. 2.The company, an electronic manufacturing services with
Read More

Big Lots plans third store in area

Outlet to take over old Linens 'n Things space
November 4, 2010
Chey Scott
Big Lots, a Columbus, Ohio-based closeout retailer with 1,370 stores nationwide, including two in the Spokane-Coeur d'Alene area, has signed a lease for a 29,600-square-foot space in the Northpointe Plaza.Inland Western Real Estate Trust Inc., a
Read More

Old friends helped save Sterling

Seibly, new chairman, key board member go back years in banking world
November 4, 2010
Richard Ripley
When Greg Seibly was named acting president and CEO of Sterling Financial Corp. a year ago and given the task of raising hundreds of millions of dollars to save the Spokane company, he did what many of us would have done: He consulted with an old &
Read More

Roaster sets aggressive growth plans

Spokane company wants to double its retail chain, extend wholesale presence
November 4, 2010
Kim Frlan
Thomas Hammer Coffee Roasting Co., a Spokane company with nine retail coffee houses and about 200 wholesale customers, says it plans to more than double the size of its retail chain, including entering markets as far away as San Francisco, while on
Read More
—Staff photo by Chey Scott

Manufacturing on the upswing

Some manufacturers see sales increase, still cautious about future
November 4, 2010
Chey Scott
Manufacturers here say they've started seeing slow but steady growth and recovery in both the local and national market, and are hopeful about 2011, though cautiousness remains.The national press has been reporting for some time that has been I
Read More

Cleanup plan dulls mining's glow

With metals outlook good, new EPA plan triggers worry
November 4, 2010
Paul Read
North Idaho's Silver Valley is poised for renewed prosperity in mining—and the highly paid jobs that industry brings—but the most recent proposal by the U.S. Environmental Protection Agency to clean up historic mining pollution there that
Read More
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