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Latest News

Pend Oreille PUD awards $69 million dam upgrade

Project at Box Canyon will include replacing hydro plantÂ’s turbines
February 26, 1997
Jeanne Gustafson
Pend Oreille Public Utility District No. 1, in Newport, Wash., says it has awarded a $69 million contract to Andritz VA Tech Hydro, of Charlotte, N.C., to replace the turbines and do other related work at the districts Box Canyon Dam on the Pend
Read More

Specialized lumber maker files Chapter 11 bankruptcy

Timberlake Forest Products lists liabilities of $5.2 million
February 26, 1997
Emily Brandler
Timberlake Forest Products Inc., a Spokane Valley-based maker of specialized lumber, has closed its doors and has filed for Chapter 11 protection from creditors in U.S. Bankruptcy Court here. Stephen and Sheryl Kennedy and David Thompson are in
Read More

WingerÂ’s to take place of Tony RomaÂ’s

Valley restaurant to open in August; North Side rib outlet to stay in business
February 26, 1997
Emily Brandler
A representative of the Wingers USA restaurant chain says he plans to open a new Wingers Grill & Bar restaurant at the Spokane Valley Mall in a building that had been occupied by a Tony Romas restaurant, which closed earlier this new diner is
Read More

‘Convenience’ care clinic opens in Valley

Rapid Clinics plans to launch as many as five more outlets in Spokane-area supermarkets
February 26, 1997
Kim Crompton
Rapid Clinics LLC, a new Spokane company, has opened a non-emergency health clinic in the Rosauers supermarket in Spokane Valley, and says it hopes to open as many as five more such outlets here over the next several years.Jay Molitor, Rapid of
Read More

Purchase of Hollister-Stier overcame snag

Acquisition fell apart at 11th hour, then revived in New York City bar
February 26, 1997
Emily Brandler
Hours before an agreement was reached in late April for an Indian pharmaceutical giant to buy Hollister-Stier LLC, the deal fell through at the 11th hour, only to be put back together in a New York City hotel bar.The $122 million transaction of
Read More

Prium plans to expand Rock Pointe

Developer to build office structure, add parking at North Side complex
February 26, 1997
Emily Brandler
Prium Companies LLC, the Tacoma-based developer that owns the big Rock Pointe Corporate Center just north of downtown Spokane, says it plans to build a fifth office building there and expand one of the complexs two parking garages.Prium Rock
Read More

Rules change, big pay remains

Executive compensation here reflects prospering companies
February 26, 1997
Paul Read
New executive-pay disclosure rules, triggered nationally in response to shareholder outrage over big CEO payouts and unclear disclosure, are shedding fresh light on the components of executive compensation, but also are making it more difficult to
Read More

PurcellÂ’s diversification pays off

ManufacturerÂ’s sales might reach $100 million
February 26, 1997
Emily Brandler
Purcell Systems Inc., a maker of outdoor cabinets for telecommunications equipment, says that after flat sales in 2006, its on track to boost its revenue by roughly 50 percent this year.The Spokane Valley-based company expects 2007 revenues &
Read More

MedStar feels pinch as fuel costs soar

Spokane-based air ambulance service focuses on efficiency, new income to keep up
February 26, 1997
Mike McLean
Northwest MedStar, the Spokane-based nonprofit air-ambulance service, is feeling the pinch between rising fuel costs and flat Medicare, Medicaid, and insurance reimbursements, its managers say.Anthony Minge, MedStars business operations says
Read More

SHMC adds third lab for implants of heart devices

New room lets doctors implant more pacemakers, defibrillators, do studies
February 26, 1997
Rocky Wilson
The opening of a third electrophysiology lab at Sacred Heart Medical Center & Childrens Hospital in February already is helping the hospital meet fast-growing demand for procedures such as implanting cardiac defibrillators, says Sacred Heart. 1
Read More
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