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Latest News

Mixed-use project set at Five Mile

$5.7 million complex to include apartments, retail, office buildings
November 8, 2012
Mike McLean
Spokane Valley real estate company Brumback Inc. has started site work for a planned $5.7 million mixed-use development at the former site of a Tidyman's supermarket in the Five Mile commercial district and expects to obtain building permits this a
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—Staff photo by Jessica Valencia

Hotstart fields post-storm orders

Superstorm Sandy leads to fourth-quarter surge in demand
November 8, 2012
Jessica Valencia
Hotstart Inc., the Spokane-based engine heating equipment manufacturer, has reported a steady increase in employment and sales this year, bolstered by a recent influx of product orders as a result of Superstorm Sandy.Hotstart CEO Terry Judge a a
Read More

Red Lion reports $906,000 loss

October 25, 2012
Red Lion Hotels Corp., of Spokane, today reported a third-quarter net loss of $906,000, or five cents a share, down from a loss of $122,000, or 1 cent a share, in the 2011 third quarter.Through the first nine months of this year, the company has
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Cd'A Mines reports quarterly loss

October 25, 2012
Coeur d'Alene Mines Corp. has posted a third-quarter net loss or $15.8 million, or 18 cents a diluted share, down considerably from net income of $31.1 million, or 35 cents a share, during the year-earlier period.In all, he company sold $230.6 in
Read More

Avista reports decline in net income

October 25, 2012
Avista Corp., of Spokane, has posted third-quarter net income of $5.8 million, or 10 cents a diluted share, down from $10.7 million, or 18 cents a share, during the year-earlier period.Company Chairman, President, and CEO Scott L. Morris says in a
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Hecla to resume production at Lucky Friday

Company also posts net loss for third quarter
October 25, 2012
Hecla Mining Co., of Coeur d'Alene, says it will resume production at its Lucky Friday mine during the first quarter of 2013 and expects full production of 2 million ounces of silver from the mine next year.The federal Mine and Safety had ordered
Read More

Northwest Farm Credit's earnings dip slightly

October 25, 2012
Northwest Farm Credit Services, the Spokane-based agricultural financial services cooperative, has reported third-quarter net income of $43.6 million, down from earnings of $45.8 million in the year-earlier period.For the first nine months of Farm
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Itron's earnings rebound

October 25, 2012
Itron Inc., of Liberty Lake, reported this morning third-quarter net income of $35.3 million, or 89 cents a diluted share, up from a net loss of $517.1 million, or $12.70 a share, in the year-earlier quarter.Despite the improved earnings, the to a
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Key Tronic's earnings jump

October 25, 2012
Key Tronic Corp., the Spokane Valley-based electronic manufacturing services company, reported this afternoon net income of $3.7 million, or 35 cents a diluted share, for its fiscal year 2013 first quarter ended Sept. 29. That's up sharply from of
Read More

AmericanWest agrees to acquire Oregon bank

October 25, 2012
AmericanWest Bank, of Spokane, says it has agreed to acquire Medford, Ore.-based PremierWest Bank.The transaction is valued at about $16.6 million and is expected to be completed in the first half of 2013.AmericanWest spokeswoman Kelly McPhee is
Read More
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