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Latest News

Economic slump keeps seniors closer to home

Retirees here are traveling less, but otherwise mostly carry on as before
February 26, 1997
Megan Cooley
As many Americans retirement wealth has fallen during the last two years, some older residents here have curbed plans theyd made for their sunset years.Retirement-industry and elder-service experts here say the sour investment market among
Read More

Finding a good nursing home for your parent

Spend time investigating facilities, finding funding, doing paperwork
February 26, 1997
Gail Goeller
Special to the Journal of BusinessSuddenly, your mom has broken her hip, stayed her limit in the hospital, and now needs 24-hour care. The word nursing home becomes part of your vocabulary.But I promised Id never put her in one of a
Read More

PCS UtiliData looks to tap conservation demand

Spokane companyÂ’s system automates voltage control at substations, CEO says
February 26, 1997
Megan Cooley
A small, white dry-erase board hangs on the wall in Tom Wilsons modest office on North Market. Its been scribbled on and erased hundreds of times, but Wilson believes one of those scribbles, a diagram drawn almost two years ago on the heels of
Read More

Medinex says it wants to liquidate its assets

In SEC filing, Post Falls company lists cumulative losses of hefty $46 million
February 26, 1997
Addy Hatch
Medinex Systems Inc., of Post Falls, says it will ask the U.S. Bankruptcy Court for permission to liquidate its assets. Medinex, which in November filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code, says if the it
Read More

Ad-design firm to take Liberty Lake building

Banner Advertising owners buy $1.2 million structure, to move there in March
February 26, 1997
Linn Parish
Spokane business owners Bill and Jane Sauther have bought an office building in Liberty Lake for $1.2 million and plan to move their advertising-production company there.Their company, Sauther & Associates Inc., does business as Banner and for
Read More

AvistaÂ’s Coyote Springs project delayed again

Replacement transformer damaged in transit; analyst affirms earlier ‘buy’ rating
February 26, 1997
Addy Hatch
Avista Corp. just cant catch a break with its joint-venture Coyote Springs 2 power plant, which has been under construction at Boardman, Ore., since 2000. Last May, a transformer at the plant caught fire, delaying the project by several the
Read More

Dreifuses plan to sell buildings

Five downtown structures, including old Sylvan store, to change hands in spring
February 26, 1997
Linn Parish
The Dreifus family, which owns and operates Sylvan Furniture Co., has agreed to sell five buildings it owns on the west 200 block between Riverside and Sprague avenues downtown. Sylvan Furniture had notified customers in a recent letter that to
Read More

Dix builds fish bypass at Rocky Reach Dam

$17 million project is set to be finished in March; crane rehab also in works
February 26, 1997
Linn Parish
Dix Corp., a longtime Spokane contractor, has started work on a $17 million portion of a fish-bypass project at Rocky Reach Dam, which is on the Columbia River near Wenatchee, Wash.The company also is under way on a $345,000 gantry-crane at in
Read More

Bankruptcy filings hit record high here again

Pace likely wonÂ’t subside in 2003, could pick up if legislation sets deadline
February 26, 1997
Linn Parish
For the third straight year, a record number of bankruptcy petitions were filed in Eastern Washington in 2002. The trend, experts say, is expected to continue this year.Last year, businesses and consumers filed 10,154 petitions seeking from in
Read More

Diving for sunken ‘treasure'

Pend Oreille Pines
February 26, 1997
Addy Hatch
SANDPOINT, IdahoIt all started in 1982 when Don and Kim Cox were sitting around, bored, on a frigid winter day. In a moment of insanity er, inspiration the Sandpoint couple, both scuba-diving enthusiasts, decided to don their gear and
Read More
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