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Latest News

Farm Credit boosts net to $41.1 million in quarter

Wheat, fruit growers, timber producers look to have good year in 2010
May 20, 2010
Richard Ripley
Northwest Farm Credit Services has reported $41.1 million in net income in the first quarter, boosting its quarterly earnings by 140 percent from $17.1 million in the year-earlier period.Meanwhile, the Spokane-based ag-lending cooperative set in
Read More

Sterling proposes merging two units, taking other steps

Spokane company to alter board, envisions buying failed banks as strategy
May 20, 2010
Richard Ripley
Sterling Financial Corp., of Spokane, is proposing to merge its Golf Savings Bank mortgage subsidiary into Sterling Savings Bank, its Spokane-based banking arm, and take other steps as it works to complete its proposed $720 million company also to
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—staff photo by Kim Crompton

A concrete business plan

May 20, 2010
Kim Crompton
After living and working for a time in northern California, Spokane Valley natives Curtiss and Laura Grenz were eager to return here, and they found a concrete way to do that, literally. They founded a business through which they used an initial of
Read More

New building planned on West Plains

$2.4 million structure to house entrance station for armed forces recruits
May 20, 2010
Mike McLean
The U.S. General Services Administration says construction will start this month on a 20,300-square-foot building on the West Plains that the agency plans to lease from private developers to house a military unit that processes recruits Spokane be
Read More

Lydig erects $56 million jail on West Side

813-bed lockup to house misdemeanor offenders for seven cities in King County
May 20, 2010
Mike McLean
Spokane-based Lydig Construction Inc., which has an office in Bellevue, Wash., is building a $56 million West Side jail, says the director of the facility, which is scheduled to open in September 2011.The jail director, Penny Bartley, says Lydig
Read More

Itron meter can be shut off remotely

Company also appears at White House briefing, sells off software group
May 20, 2010
Richard Ripley
Itron Inc., of Liberty Lake, has released what it says is North America's first gas meter with an integrated remote disconnect valve that enables a utility to shut off the flow of natural gas to a customer for safety reasons without sending out a a
Read More
—Rendering courtesy of bernardo wills architects pc

Ross to take anchor spot at Manito

Retail chain agrees to lease most of former Gottschalks space at South Hill center
May 20, 2010
Kim Crompton
Ross Stores Inc., a Pleasanton, Calif.-based company that operates the Ross Dress for Less retail chain, has agreed to lease most of the former Gottschalks Inc. space in the Manito Shopping Center, on Spokane's South Hill, and plans to open a store
Read More

Greenstone buys Agilent facility, site

Transaction includes big Liberty Lake building, 70 acres; office park planned
May 20, 2010
Kim Crompton
Liberty Lake-based Greenstone Corp. is buying the vacant 250,000-square-foot Agilent Technologies Inc. building there, along with about 70 acres of land, and plans to develop a multibuilding campus on the site called the MeadowWood Technology is on
Read More
—Staff photo by Jeanne Gustafson

What's next for N-S freeway?

Focus now is on $342 million in work between Francis, river
May 20, 2010
Jeanne Gustafson
With federal funds committed for the final section of the North Spokane Corridor's most northern leg, the Washington state Department of Transportation now is seeking money for seven projects that would comprise the next three-mile segment of the a
Read More
—Staff photo by Kim Crompton

Part of Kaiser plant may reopen

Ohio-based aluminum maker agrees tentatively to buy smelter property
May 20, 2010
Kim Crompton
Ormet Corp., a Hannibal, Ohio-based aluminum producer, says it has agreed tentatively to buy the shuttered former Kaiser Aluminum Corp. Mead Works smelter and plans to reopen the carbon anode facility there if it completes the purchase.That a of
Read More
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