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Latest News

Small Business Watch

August 12, 2010
Locally owned Valley fast-food joint opens Spokane restaurateur Harold Fettig has opened Stop N Go Family Drive-In, a family-owned restaurant, at 6505 E. Sprague, in Spokane Valley.The 3,200-square-foot building had been occupied by
Read More

State Bank Northwest posts profit for quarter; loans, deposits decline

August 12, 2010
Kim Crompton
Spokane Valley-based State Bank Northwest has reported second-quarter net income of $210,000, up from a net loss of $383,000 in the second quarter of 2009, according to documents filed with the Federal Deposit Insurance Corp.The institution's of
Read More

Copier dealer buys building, plans to relocate operations

Imagetech says structure on North Side is bigger than location in Valley
August 12, 2010
Kim Frlan
Imagetech, a vendor of copiers and other office machines here, plans to move this month from leased space at 15320 E. Marietta, in Spokane Valley, to a building it has bought at 1515 E. Houston, on Spokane's North Side. The company's new will of
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RiverBank's net income jumps in second quarter

Niche institution here shows slight increases in loans, deposits, assets
August 12, 2010
Kim Crompton
RiverBank, which opened here four years ago, posted much higher second-quarter net income of $562,000, up from $58,000 in the year-earlier quarter, regulatory documents show.The privately held institution ended the second quarter with total of a
Read More

D.A. Davidson raises Potlatch profit estimate

Brokerage now expects $1.59 per share earnings, up from $1.40, in 2010
August 12, 2010
Richard Ripley
D.A. Davidson & Co. has raised its estimate of Potlatch Corp.'s 2010 earnings to $1.59 a share, from $1.40 a share, and has increased its estimate of the Spokane-based company's 2011 earnings to $1.75 a share, up from $1.71.The Great Falls, also
Read More

Building addition pondered at South Hill retail complex

New construction planned adjacent to Hogan's eatery in Lincoln Heights center
August 12, 2010
Mike McLean
A Spokane developer has entered preliminary discussions with the city of Spokane about a proposed 12,000-square-foot retail addition at the Lincoln Heights Shopping Center, but hasn't disclosed what tenant or type of tenant might occupy the north a
Read More

Itron sees mid-20 percent jump in revenues this year

Backlog soars, global orders up, 'smart pay' solves issues
August 12, 2010
Richard Ripley
When Itron Inc. announced its second-quarter earnings July 28, it also provided upbeat guidance on what it expects its full-year 2010 results will be, backing up President and CEO Malcolm Unsworth's statement that, "We are having a fantastic said a
Read More
—Staff photo by Chey Scott

Creating harmony from clutter

August 12, 2010
Chey Scott
Becky Hare, of Spokane, has taken a piece of her own well-ordered lifestyle and created a business out of it, organizing other people's homes and lives through her personal organizing business here, called Simply Living. She says her philosophy is
Read More

203-unit apartment complex planned in Cd'A

Liberty Lake developer obtains permit to begin site work for first phase
August 12, 2010
Mike McLean
The city of Coeur d'Alene has issued a permit to a Liberty Lake developer to start site work on the $6.2 million first phase of a planned 203-unit apartment complex northwest of the city center. The project owner, Riverview Venture LLC, also has in
Read More

Construction values exceed last year's pace

Industry watchers, however, say it's too soon to declare end to building slump here
August 12, 2010
Mike McLean
Total building permit values here for the first half of 2010 were up 56 percent over total values in the first six months of last year, but industry observers say the construction slump isn't over yet.The combined values of permits issued June a
Read More
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