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Latest News

THE BONDS that tie ... into job creation

Industrial revenue bonds offer tax break to buyers, low interest rate to borrowers
February 26, 1997
Mike McLean
When Mark Sonderen was seeking funding for new equipment to expand production at Sonderen Packaging here, his banker recommended that the longtime paperboard carton maker seek financing through whats called an industrial revenue bond.Such is
Read More

Fewer employers in state offering health insurance

Benefits survey shows percentage decline for second year in row
February 26, 1997
For the second year in a row, the percentage of Washington employers that offer health insurance declined, according to a 2006 benefits survey released last week by the state Employment Security Department.The percentage of employers offering a
Read More

Dangling richer benefits?

Despite tight labor market, employers havenÂ’t had to perk up perks to attract workers
February 26, 1997
Rocky Wilson
Spokanes tight labor market, with the countys average annual unemployment rate at 5.6 percent in 2005 and 5 percent last year, hasnt spurred employers here to sweeten their benefit packages noticeably yet to attract the workers they need, say
Read More

Payne Financial Group anticipates more growth here

Montana company expands Spokane office, which will have room for 40
February 26, 1997
Emily Brandler
Payne Financial Group Inc., a Missoula, Mont.-based insurance brokerage that operates a growing office here, says Spokanes strong economy has been helping drive its robust, companywide growth. At the same time, the company, which has its top
Read More

Manufactured-home dealer opens in Valley

Independence Home Center sells Fleetwood dwellings
February 26, 1997
Rocky Wilson
A new Spokane Valley company named Independence Home Center Inc. has opened a Fleetwood Homes manufactured-home dealership just south of Interstate 90 near Barker Road.Peter Zeman, who owns Independence Home Center, says the new dealership is a
Read More

Inland Power mulls moving headquarters to West Plains

Co-op would construct administrative offices next to main warehouse
February 26, 1997
Kim Crompton
Inland Power & Light Co. says it is considering developing a 25,000-square-foot administrative building on the West Plains, near its main warehouse and maintenance facility, and moving its headquarters there from 320 E. Second, where its offices it
Read More

Servatron Inc. foresees, prepares for growth here

Contract manufacturer adds space, has hired 40 workers
February 26, 1997
Emily Brandler
Servatron Inc., a Spokane Valley-based contract electronics manufacturer, says that after experiencing flat revenue growth in 2006, it expects to make strong gains this year and is adding floor space at its plant to prepare for future company has a
Read More

Getting creative with carpet

February 26, 1997
Emily Brandler
TinaMarie Bell can really cut a rugliterally. On a typical day, Bell isnt gliding across dance floors, but rather is busy cutting pieces of carpet and fashioning them into rugs she has designed for homes, businesses, and vehicles.Bell owns
Read More

Sylvan closing its Spokane furniture store

Though family operation here will end, Lewiston store will remain open
February 26, 1997
Rocky Wilson
Sylvan Furniture Co., a 62-year-old family-owned Spokane business, is closing its doors, according to a flyer distributed by the company. The flyer, advertising a five-day liquidation sale held earlier this month, says the business lost its at
Read More

120-bed nursing home eyed on South Hill

Operator of three facilities here submits application to build $14 million project
February 26, 1997
Emily Brandler
Extendicare Health Services Inc., of Milwaukee, a large operator of long-term care facilities in the U.S., including three here, says it hopes to open a 120-bed, $14 million skilled-nursing center on the South Hill.The Milwaukee-based company a
Read More
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