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Latest News

Bankruptcy filings hit record level

Businesses, consumers rushed to file petitions before law changed in fall
February 26, 1997
Linn Parish
The number of bankruptcy filings in Eastern Washington hit record levels in 2005 after an unprecedented surge last fall, when debtors rushed to submit their petitions before new bankruptcy laws went into effect on Oct. 17.Businesses and filed a
Read More

STCU plans to open first branch in Idaho

Credit union to build large office in Post Falls, hopes to open it later this year
February 26, 1997
Linn Parish
Spokane Teachers Credit Union plans to enter North Idaho with its first branch there, to be located in Post Falls.Steve Dahlstrom, STCUs president and CEO, says the organization has bought 1.25 acres of land in Post Falls, near the southwest
Read More

240-home subdivision proposed in the Valley

Development group agrees to buy 98-acre site, seeks preliminary plat approval
February 26, 1997
Linn Parish
ElkRidge Development Group, of Spokane, has agreed to buy 98 acres in the Spokane Valley from Spokane entrepreneur Bernard Daines and wants to develop an upscale, 240-home subdivision there. Jim Maki, a Spokane-based partner in the development
Read More

RiverBank backers file for charter

Organizers also assemble board, hire CFO, gear up for private stock offering
February 26, 1997
Kim Crompton
Backers of a proposed new bank here, called RiverBank, have applied to the Washington state Department of Financial Institutions for a commercial bank charter.Longtime Spokane banking executive Duane Brandenburg, who is heading the effort to up
Read More

Garco tabbed to update Shadle Park High School

Design work to start soon on $59 million renovation of 48-year-old structure
February 26, 1997
Linn Parish
Spokane Public Schools has selected Garco Construction Inc. as general contractor and construction manager for the planned $59 million modernization of Shadle Park High School, on Spokanes North Side. Mark Anderson, the districts associate
Read More

Health plan rate hikes soften some during 2006

Increases this year will be in single to low double digits, down slightly from last year
February 26, 1997
Emily Brandler
Health-plan costs for Spokane-area businesses are rising this year mostly in the single-digit to low double-digit percentage range, which is slightly lower than the rate hikes businesses experienced in 2005.Representatives of several of the say
Read More

109 restaurants: a lot of bread

Something Different
February 26, 1997
Rocky Wilson
Making the vocational leap from being an electrical engineer on nuclear power plants to pushing sub sandwiches was a dramatic change, but Spokanes Gary Turnidge says its one he doesnt regret.Recognizing in 1987 that the construction of on
Read More

Garco Building on a roll

Company enjoys cyclical rise, eyes expansion here, perhaps operation in Ohio River Valley
February 26, 1997
Rocky Wilson
Garco Building Systems, Washingtons largest metal-building manufacturer, is expecting to grow even more rapidly after racking up record revenue of nearly $35 million in 2005, says Bill Savitz, its president and CEO.The West Plains company is
Read More

SIRTI in throes of change

New head seeks top execs as reworked plan, reshaped board suggest agency is evolving
February 26, 1997
Paul Read
If SIRTI were the petri-dish subject of a microscopic examination, it would be quite a sightmolecules darting about, gathering in new clusters, and transforming before your eyes. Perhaps the only constant these days at the Spokane Intercollegiate
Read More

SamÂ’s Club is coming here

Wal-Mart-affiliated chain to open first Spokane store on site along Nevada Street
February 26, 1997
Linn Parish
Sams Club, the members-only warehouse-store chain operated by retail giant Wal-Mart Stores Inc., is coming to Spokane.Eric Berger, a Seattle-based Wal-Mart spokesman, says that plans submitted to the city of Spokane for an $11.7 million, on a
Read More
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