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Latest News

—Rendering courtesy of Mahlum Architects

Health care isn't recession proof, faces challenges

December 15, 2011
Treva Lind
Tough economic times have tapped on the shoulder of the region's health care sector this year, an industry that in past recessions held steady. The destabilizing impact of the struggling economy is expected to carry into 2012.Industry leaders in
Read More

Metal prices help mining industry shine

December 15, 2011
Treva Lind
Riding high metal prices, mining companies expect another year of improved cash flows in 2012 that also will support the pursuit of new development.Industry leaders say that higher prices for silver, gold, and copper are expected to continue the
Read More

High-tech firms to jockey for market share

December 15, 2011
Linn Parish
Inland Northwest technology companies say they will be adapting to changing markets in 2012 in efforts to boost sales—or at a minimum, maintain market shares.Meantime, says Innovate Washington co-founder Kim Zentz, startup activity appears
Read More
—Rendering courtesy of NAC|Architecture

Construction industry expects lean year again

December 15, 2011
Mike McLean
A long-awaited construction rebound has been so slow to emerge that some in the industry are merely hopeful the market avoids another decline in the coming year.While some commercial contractors are working on substantial projects, most don't of
Read More

Real estate said heading to price stability in 2012

December 15, 2011
Mike McLean
Residential and commercial real estate sectors could see some market recovery as buyers take advantage of fallen prices and low mortgage interest and continue to pare down the recession-related glut of properties for sale, industry sources here by
Read More

Jobs could grow slowly next year

December 15, 2011
Linn Parish
The number of jobs in the Inland Northwest is expected to increase in 2012, though not nearly as quickly as analysts typically would expect them to grow in what appears to be a recovering employment market. Grant Forsyth, an economics professor
Read More

Tepid gains appear likely to remain

Most industry sectors foresee little change from this year's pace
December 15, 2011
Kim Crompton
Scattered examples that some industry sectors here are beginning to climb from the depths of this lengthy economic downturn aren't numerous or noteworthy enough to suggest that next year will be markedly stronger than this one has been.In fact,
Read More

Countertop maker opens Valley location

Winnipeg company leases 6,000-square-foot space, employs 16 people there
December 15, 2011
Mike McLean
Floform Countertops, a Winnipeg, Manitoba-based manufacturer, dealer, and installer of countertops, has opened a 6,000-square-foot showroom in Spokane Valley.The facility, at 5320 E. Sprague, features displays of a range of countertop materials,
Read More

Murphy Bros. is low bidder on Francis Ave. widening

$1.3 million project set to begin in spring; adds center turn, bike lanes
December 15, 2011
Chey Scott
Murphy Bros. Inc., of Spokane, has submitted an apparent low bid of about $1.3 million for a city of Spokane project to widen and resurface a stretch of east Francis Avenue between Freya and Havana streets in northeast Spokane.That half-mile of
Read More

Real Estate Roundup

December 15, 2011
Mike McLean
Rasmussen Sports Training LLC, doing business as Ultimate Athlete Sports Performance Training Center, has leased 5,900 square feet of floor space at 1116 E. Sherman, in Coeur d'Alene, and plans to move there from leased space at 7791 N. Aqua in Ben
Read More
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