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Latest News

Potlatch separates tissue, paperboard operations

Company also reroutes Pacific Rim shipments due to snafus in Portland
February 26, 1997
Addy Hatch
Spokane-based Potlatch Corp. has split its consumer products and paperboard division into two operations in a move that the forest-products company says reflects the vitality of its consumer-products business.Potlatchs consumer-products makes
Read More

Met posts $3.9 million in fiscal-year earnings

Spokane companyÂ’s gain reflects sharp turnaround after losses last two years
February 26, 1997
Kim Crompton
Metropolitan Mortgage & Securities Inc., the big Spokane-based financial-services company, has reported net income of $3.9 million for its 2002 fiscal year ended Sept. 30, which marks a significant rebound after enduring two years of losses about a
Read More

Skipping is cool at this school

DeborahÂ’s Jump Rope Academy
February 26, 1997
Linn Parish
In a manner of speaking, Spokanes Deborah Wittwer sidestepped her way into business. For many years, Wittwer coached a competitive jump-rope team here called Side Steps, which grew through the late 1980s and 1990s, competing in a national on
Read More

Empire foresees recovery

Spokane hospital operator expects to be in the black this year after tough 2002
February 26, 1997
Linn Parish
For Empire Health Services CEO Tom White, the best thing about 2003 is that its not 2002.Last year, the nonprofit parent of Deaconess Medical Center and Valley Hospital & Medical Center suffered a net loss of about $18 million, eliminated its
Read More

Road builders face rough path

With DOT jobs declining, contractors look elsewhere for more highway work
February 26, 1997
Linn Parish
Spokane-area highway construction companies face a rough road ahead due to an expected precipitous drop in Washington state Department of Transportation-funded roadwork.Also, some planned projects within the new city of Spokane Valley could be
Read More

Home insurance in turmoil

Use of database in underwriting sparks complaints after rejections
February 26, 1997
Addy Hatch
Homeowners insurance used to be a no-brainer: You bought a house, you called an agent, you got insurance. Now, after suffering what one insurer in the state calls an unprecedented convergence of negative trends, the homeowners insurance is
Read More

The 2002 business year in review

For a complete recap, see our print version
February 26, 1997
Paul Read
In some respects, 2002 has been an extension of 2001, rife with bad economic news and uncertainty about the future. Still, the layoffs slowed, and there were substantive signs that Spokanes economy could improve in the coming year. New set up
Read More

Look for modest gains in most sectors

High-tech might rebound, but job market will be flat; real estate, finance should see improvement
February 26, 1997
Paul Read
There are threads of optimism in nearly every economic sector here as the year comes to a close. Whether Inland Northwest businesses can weave them into significant economic gains in 2003, only time will tell. At the least, the consensus opinion is
Read More

Manufacturing contract gives PC Open a boost

Young Spokane company is making digital recorders for international concern
February 26, 1997
Paul Read
A 4-year-old Spokane company that cut its teeth assembling computer servers and workstations for schools and colleges, expects now to ride a wave of growth making digital video recorders for a big international electronics manufacturer.The PC a
Read More

Financial concern opens here

Missoula-based Payne attracts industry veterans from other companies here
February 26, 1997
Megan Cooley
Payne Financial Group Inc., a Missoula, Mont.-based insurance and financial services agency, quietly has opened a Spokane office and hired some veteran agents from other agencies offices here. Payne opened its Spokane office about three ago,
Read More
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