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Latest News

Wash. Trust adds to profit during 2004

BankÂ’s net tops $29 million; assets, loans, deposits jump
February 26, 1997
Richard Ripley
Washington Trust Bank has posted net income of $29.3 million for 2004, up 15.1 percent from $25.5 million in the previous year.The Spokane-based banks assets grew to $2.5 billion in 2004, up 12.3 percent, and it also reported substantial in a
Read More

Action Mortgage looks to grow where parent company isnÂ’t

Spokane-based subsidiary of Sterling Savings Bank is entering sixth state
February 26, 1997
Rocky Wilson
Action Mortgage Co. the real estate lending subsidiary of Spokane-based Sterling Savings Bank, has ridden Sterlings rapid growthlast year making $1.16 billion in loansand now is looking to expand in areas its parent doesnt in 1987, Action I
Read More

Loan, deposit growth surges in Kootenai County

Bankers say competition also increases between institutions in the market
February 26, 1997
Linn Parish
If population surges and a hot real estate market werent proof enough, banking activityspecifically sharply rising loans and depositsprovide further evidence of rapid economic growth in Kootenai County. Three Coeur dAlene-based banks in
Read More

GSA seeks CdÂ’A sites for court

Developers asked to submit proposed locations, maps; Jan. 1 occupancy desired
February 26, 1997
Marc Stewart
The location of a planned new federal courthouse in Coeur dAlene has been a matter of keen interest in the community, and developers were scheduled to give the U.S. General Services Administration some proposed sites earlier this were to have to
Read More

Work to start in March on next phase of freeway

$10 million bid awarded to do grading, excavation on North Spokane Corridor
February 26, 1997
Rocky Wilson
KLB Construction Inc., of Lynnwood, Wash., has been awarded a $10 million contract to do earth-moving and grading work in the third construction job on the North Spokane Corridor project, which is also known as the north-south freeway.The work
Read More

Coeur dÂ’Alene distributor to build new warehouse

Centennial Distributing to expand to 36 workers after its move to Hayden
February 26, 1997
Rocky Wilson
Centennial Distributing Inc., a Coeur dAlene distributor of Anheuser Busch beverages for five North Idaho counties, plans to build a 50,000-square-foot warehouse in Hayden to replace its current 20,000-square-foot facility at 500 W. a contractor
Read More

Office building goes up

$1.8 million structure is set to be completed this spring near Whitman bank branch
February 26, 1997
Linn Parish
Granite Investments LLC, a company headed by Spokane developer Dick Vandervert, is building a $1.8 million office building in the Pacific Northwest Technology Park, on the West Plains.The 17,000-square-foot, single-story structure is being just
Read More

Parts distributor here sets new plant in China

Wintech Inc. also plans to move Spokane Valley quarters to larger building
February 26, 1997
Rocky Wilson
Wintech Inc., a Spokane Valley importer of metal parts for the pharmaceutical, food and beverage, chemical, and irrigation industries, plans to move its warehouse in the Spokane Business & Industrial Park to a different facility there and also this
Read More

Sewer plant to undergo $40 million in upgrades

Project includes two new digesters to replace tanks, including one that exploded
February 26, 1997
Marc Stewart
BAs much as $40 million in contract work to upgrade Spokanes waste-water treatment plant will be filtering through the economy here later this year, with much of the work to be awarded in the fall. Between about $30 million and $33 million be
Read More

Cutting a Celtic rug

Haran School of Irish Dance
February 26, 1997
Linn Parish
Standing on the sidewalk along South Perry Streetnear a Dutch windmill that houses a natural-foods store and a service station-turned-coffee shopone can hear flurries of stomps and taps most evenings.Peer through the picture windows of a a
Read More
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