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Latest News

URM Stores, Inland buy rivalÂ’s assets

Food Service Distributors closes; Inland Meats to move into old facility
February 26, 1997
Linn Parish
URM Stores Inc. and Inland Meats Inc., both of Spokane, have bought through separate transactions the assets of Food Service Distributors Inc., a Spokane food distributor and meat processor. URM acquired Food Service Distributors customer 400
Read More

Real estate investors buy Eagles lodge here

Aerie #2 plans to develop much smaller structure on adjoining North Side land
February 26, 1997
Kim Crompton
The North Side lodge of what once was the largest Fraternal Order of Eagles chapter in the country has been sold, a consequence of declining membership nationally in such organizations.Spokane real estate investor Terry Tombari says he and his
Read More

Rahco secures contract for big oil-sands project

Conveyor system to be built for major energy producer; cost is roughly $10 million
February 26, 1997
Linn Parish
Rahco International Inc., the longtime Spokane industrial manufacturer, has landed a $10 million (U.S.) contract with a Canadian company involved in oil-sands extraction in Alberta. Darrell White, Rahcos vice president of business says the on
Read More

Pushing patriotic pins

US-Pins.com
February 26, 1997
Marc Stewart
About four months after the 9/11 terrorist attacks, C.J. Hays bought a large inventory of lapel pins from a friend who had given up on selling them.Hays believed he could do better than his friend by using the Internet to reach thousands of the
Read More

Downtown building could grow

Six floors might be added to River Park Place; plan for landscaping due soon
February 26, 1997
Linn Parish
The owners of the former Great Western Bank Building, which is across Spokane Falls Boulevard from Riverfront Park between Wall and Howard streets downtown, are mulling plans to more than double the height of the structure, now called River Park of
Read More

Hecla shows rebound luster

CEO says Coeur dÂ’Alene precious-metals company is well-positioned to make most of strong market
February 26, 1997
Kim Crompton
What a difference a few years can make.Phillips S. Baker Jr. says he had some hesitation before becoming chief financial officer for then-struggling Hecla Mining Co. in the spring of 2001 because, There were certain questions in my mind as to
Read More

Lab here finds genetic edge

Signature GenomicÂ’s microarray DNA test unlocks secrets of human chromosomes
February 26, 1997
Rocky Wilson
A young Spokane business, Signature Genomic Laboratories LLC, has positioned itself on the leading edge of commercial genetic technology by employing a relatively new molecular technique to diagnose chromosome abnormalities in human patients.In
Read More

Fairfield bank plans loan office here

Operation slated to open in March, could employ five people by year-end
February 26, 1997
Linn Parish
Bank of Fairfield, which is based 30 miles south of Spokane, plans to open a lending office on the edge of downtown Spokane.The office will be located in about 2,700 square feet of office space on the third floor of the WCH Building, at 201 W.
Read More

One-woman business books $30 million a year in loans

‘Niche lender’ stabilizes financial difficulties with bridge, other loans
February 26, 1997
Rocky Wilson
A 6-year-old Millwood business called Commercial Lending Northwest Inc., which is owned and staffed by just one person, books an average of $30 million a year in loans. The company, which often serves businesses that are struggling to repay has
Read More

Check 21 debuts quietly for institutions here

Bankers foresee gradual phase-in of law allowing electronic check exchange
February 26, 1997
Kim Crompton
A sweeping and somewhat controversial new banking law, dubbed Check 21, thats intended to speed up check processing and reduce processing costs became effective three months ago, but has caused nary a stir here yet.Spokane-area financial
Read More
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