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Latest News

Laser manufacturer eyes future markets

Paradigm Lasers plans expansion, production of light-beam systems
February 26, 1997
Marc Stewart
Paradigm Lasers Inc., a small Spokane Valley laser-systems designer and manufacturer, says it is developing several new commercial lasers and hopes to start producing some of them next year. The company, which moved here from East Rochester, in
Read More

Wages grow here, yet trail state, U.S. widely

Average wage rose faster than in King County, but weekly gap still was $342
February 26, 1997
Kim Crompton
Spokane Countys average weekly wage grew faster than King Countys in the first quarter of this year2.6 percent to 2.2 percent, compared with the year-earlier quarterbut that wasnt much to boast about, judging by the latest data released a
Read More

Foundry lays off workers

Concern formerly known as Inland Foundry sold its sales operation in April
February 26, 1997
Rocky Wilson
A longtime Mead foundry has laid off about half its employees after its only customer, a Michigan company that bought the foundrys name and sales operation in April and locked up all of its production, cut back on its orders.The foundry, long
Read More

Brokerage downgrades Sterling, Banner shares

D.A. Davidson asserts rising rates might hurt bank stock performance
February 26, 1997
Richard Ripley
D.A. Davidson & Co. has downgraded the shares of Sterling Financial Corp., of Spokane, and Walla Walla, Wash.-based Banner Corp., which operates bank branches here, partly on the belief that rising interest rates could hurt bank stocks Davidson, a
Read More

InCyte Pathology plans new building in Valley

Spokane-based company hopes to move operation to Mirabeau by end of 2005
February 26, 1997
Kim Crompton
InCyte Pathology Inc., a longtime pathology practice and laboratory here, plans to develop and move into a new building at Mirabeau Point in Spokane Valley, says Terri Montano, its chief operating officer.Montano says the company plans to a on
Read More

Selling Christmas year-round

Christmas at the Lake
February 26, 1997
Marc Stewart
The warm glow of Christmas tree lights and shimmering ornaments dazzle the eyes when you first enter the Christmas at the Lake store in downtown Coeur dAlene.Wandering through a small forest of decorated Christmas trees to the tunes of songs,
Read More

Vandervert starts more apartments

Project on Country Vista to cost about $12 million, include 192 living units
February 26, 1997
Linn Parish
A company headed by prominent Spokane developer Dick Vandervert is building a $12 million, 192-unit apartment complex in Liberty Lake.Site work for the project started last month at the southeast corner of Country Vista Drive and Henry Road, in
Read More

Wish list tops $115 million

Slew of higher-ed projects sought; business wants reforms, health-care cures
February 26, 1997
Linn Parish
Spokane-area business advocates will go to Olympia this legislative session asking for more than $115 million for higher-education capital projects here, most of which are just now being introduced, including $40.6 million for two major also be and
Read More

Argonne-Mullan activity rises

Host of building projects along busy Valley stretch adds to space inventory
February 26, 1997
Marc Stewart
The Argonne-Mullan corridor, an area of Spokane Valley thats flush with partially vacant office buildings, is a focus of renewed interest from developers who recently have completed or are planning projects worth at least $13 million. During
Read More

Air-cargo volume here looks to be rebounding

Tonnage handled at SIA up 5.7 percent year-to-date; first nice bump since 2000
February 26, 1997
Paul Read
The amount of air cargo handled at Spokane International Airport grew at a healthy 5.7 percent clip during the first 10 months of this year, signaling a possible turnaround following three years of stagnation.We had a very good October, and a
Read More
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