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Latest News

Packet Engines, WSU join in research effort

Separately, company plans to expand its space here
February 26, 1997
Anita Burke
Packet Engines Inc., a Spokane computer hardware maker that specializes in high-speed networking technology, and Washington State University are teaming up on a nearly $140,000 research project that will delve into how to improve Packets products
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Sterling plans Coeur dÂ’Alene branch

Bank will continue to look for expansion opportunities
February 26, 1997
Lisa Harrell
Sterling Savings Bank, of Spokane, has bought a building at the southeast corner of 11th Street and Sherman Avenue in Coeur dAlene and plans to open a bank branch there early next month.The Coeur dAlene branch will be Sterlings 34th new so
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Holley Mason upgrade gets financial backing

Rehabilitation of historic downtown building now expected to cost $5 million
February 26, 1997
Kim Crompton
Real estate investor and developer Rob Brewster Jr. says he has secured financing for the rehabilitation of the long-vacant Holley Mason Building in downtown Spokane and expects initial cleanup of the historic six-story structure to begin in is to
Read More

Vandervert clears site for Wandermere project

Spokane company he heads is talking to possible tenants for 7.5-acre development
February 26, 1997
Chad Cain
A Spokane company headed by prominent developer Dick Vandervert has cleared a 7.5-acre site just north of Wandermere Mall for a retail development project.The company, Wandermere Investments LLC, is considering several options for the site, will
Read More

EggheadÂ’s top exec will stay

Orban’s employment pact expires Aug. 31, but he has ‘no intention to leave’
February 26, 1997
Richard Ripley
Egghead.com Inc.s employment agreement with the executive who has led the Spokane company through its resurrection is about to run out, but he apparently is going to stay with the software reseller.Eggheads proxy statement from last year its
Read More

Trucker tries to pull out of skid

WTB Inc.Â’s creditors vote on plan; Bankruptcy Court confirmation hearing is scheduled in September
February 26, 1997
Kim Crompton
WTB Inc., the financially troubled Spokane trucking company that at one time commanded a fleet of 280 trucks operating nationwide, is seeking approval of a reorganization plan that it hopes will allow it to emerge from bankruptcy protection.The
Read More

Paulsen Center being sold

Historic high-rise would be Joel DiamondÂ’s second recent downtown purchase here
February 26, 1997
Kim Crompton
Joel Diamond, chairman and CEO of Seattle-based Diamond Parking Inc., which has substantial real estate holdings here, is buying the historic Paulsen Center downtown from Joe and Mary Dinnison.The transaction, which is expected to close by Nov.
Read More

SESCO buys assets of Pasco company

AE UtilitiesÂ’ 10 employees to join Spokane companyÂ’s growing PowerCom division
February 26, 1997
Lisa Harrell
Spokane Electrical Services Co. (SESCO), of Spokane, has bought the assets of AE Utilities, of Pasco, Wash., and melded those assets with those of its Spokane-based PowerCom division, which installs copper and fiber-optic wiring for data and voice
Read More

Kaiser takes cautious view on market buildup

Other aluminum projects in the region have raised speculation about rebound
February 26, 1997
Kim Crompton
Kaiser Aluminum & Chemical Corp., one of the Spokane areas largest employers, is taking a cautionary attitude toward reports that aluminum-industry activity appears to be rebounding in the Pacific Northwest.Kaisers two facilities here, the a
Read More

Portland company buys Christian Gift Center

Sale includes five stores; buyer plans another outlet; affiliate to purchase KTSL
February 26, 1997
Sandra Hosking
Christian Supply Centers Inc., a Portland, Ore.-based company that operates a chain of inspirational retail stores, has bought Christian Resources Inc., which had operated five Christian Gift Center outlets here and in Coeur dAlene.Also, Inc.,
Read More
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