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Latest News

Tech Group buys building downtown

Spokane hospital-staffing company plans to renovate former Integrus structure
February 26, 1997
Linn Parish
Tech Group Inc., a Spokane-based company that provides temporary staffing for hospitals nationwide, has bought the former Integrus Architecture PS building in downtown Spokane.Royce Drye, president and CEO of Tech Group, says the company plans &
Read More

Ex-Spokane venture now worth nearly $1 billion

Docent Inc.Â’s founder still lives here, is mulling next move, might launch fund
February 26, 1997
Paul Read
Docent Inc., a Silicon Valley company that cut some of its teeth while based in Spokane as Stanford Testing Systems Inc., has grown to a market capitalization fluctuating around $1 billion following a highly successful initial public offering in to
Read More

Rehab starts at Heritage strip center

Starbucks, restaurant already secured for new spaces at retail complex
February 26, 1997
Lisa Harrell
Work has begun to rebuild the east end of a strip retail center at Heritage Village, a shopping center near the Division Street Y in North Spokane.The shopping centers owner, Heritage Village Partnership, also plans within the next two to
Read More

Avista Labs to move to old Itron building

Company to consolidate operations that now are in three separate locations
February 26, 1997
Linn Parish
Avista Laboratories Inc., Avista Corp.s Spokane-based technology-development company thats commonly referred to as Avista Labs, plans to move its operations into a former Itron Inc. office-and-manufacturing building in the Spokane Business & in
Read More

Duesenbergs to dough makers

Crescent Machine Works Inc.
February 26, 1997
Kim Crompton
Squeezed between a neon-illuminated bail bond office and a corner caf painted in vivid art-deco colors, rustic Crescent Machine Works Inc., at 821 N. Monroe, looks distinctly out of place.The only thing along the weather-beaten front of the to
Read More

Alcatel secures its future here

Spokane office employs 170 people now, over half of whom are engineers
February 26, 1997
Lisa Harrell
After a somewhat tumultuous start here, the Spokane operation of Paris-based Alcatel S.A. has secured its role within that multi-billion-dollar company and apparently, for some time to come, its future in Spokane.When Alcatel acquired Packet in
Read More

Staffing agencies shift to pros

With temp-help demand leveling, personnel recruiters emphasize filling professional positions
February 26, 1997
Anita Burke
A shift in the supply and demand for workers has forced staffing agencies here and elsewhere to alter the way they do business.Through the late 1980s and much of the 1990s, many agencies prospered mainly by supplying temporary or contract whom a
Read More

Fairgrounds plan shows $8.7 million in projects

Proposed upgrades include new grandstand, food court, and additional exhibit space
February 26, 1997
Anita Burke
The Spokane County Fair & Expo Center has created a master plan outlining roughly $8.7 million worth of expansions and upgrades at its facilities here.The plan was drawn up to clarify the fairgrounds long-range goals and to provide information
Read More

Minera Andes reaches exploration agreement

Spokane company, partner work on definitive contract for project in Argentina
February 26, 1997
Richard Ripley
Minera Andes Inc., a small Spokane mining exploration company, says its joint-venture partner in an Argentinian gold and silver prospect will exercise its option to proceed with extensive exploration of the property.Such work is done as a mining
Read More

Metropolitan sale tallies $293 million

Spokane company now has held securitization offerings totaling nearly $1.8 billion
February 26, 1997
Kim Crompton
Metropolitan Mortgage & Securities Co., of Spokane, has raised more than $293 million through a recent offering, called a securitization, that involved the sale of about 3,500 adjustable-rate and fixed-rate mortgage loans.The latest completed by
Read More
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