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Latest News

Wash. Trust posts record net income

Spokane-based bank also reports large increases in assets, deposits, loans
February 26, 1997
Linn Parish
Spokane-based Washington Trust Bank has posted record net income for 2002, and crested $2 billion in assets by year-end. In its annual report, the bank reports 2002 net income of $24 million, up 11.7 percent from $21.5 million the previous That
Read More

CountyÂ’s retail salesgrew in third quarter

Automobile sector posted big gains, while department stores, others saw declines
February 26, 1997
Megan Cooley
Taxable retail-trade sales rose 5.3 percent in Spokane County and 5.1 percent in the city of Spokane during the third quarter of 2002.The county logged retail-trade sales of $823 million, up from $782 million in the third quarter of 2001, and 5
Read More

Spoval Fiber Optics sold; plant being idled

Massachusetts company hires co-founder, but 20 in work force lose jobs
February 26, 1997
Addy Hatch
A Massachusetts company has bought certain assets of Spoval Fiber Optics Inc., a Spokane maker of fiber-optic distribution panels, resulting in the elimination of 20 jobs here and the closure of Spovals plant, which is being shuttered now. Spoval
Read More

Selling tile Italian style

Reillo Tile Co.
February 26, 1997
Kim Crompton
Luigi Lou Reillo arguably enjoyed an advantage because of his heritage when he journeyed to Italy, where some of the worlds finest tile is made, on several occasions before starting an imported-tile wholesale business here about 17 months the
Read More

High-rise condos proposed

Building on NW Boulevard would include 42 mid-priced residential units, offices
February 26, 1997
Addy Hatch
North Idaho real estate executive Brad Jordan is making plans for a high-rise condominium-and-office project near Coeur dAlenes city center.Current plans call for a 10-story project that would include 42 mid-priced condominium units, three
Read More

Winemaking sustains allure

Starting a winery is pricey, but industry statewide has tripled; 10 in Spokane
February 26, 1997
Addy Hatch
If you want to make a small fortune in the wine business, the old saying goes, invest a large fortune. Winery owners in the Inland Northwest say thats not too far from the truth, yet the attraction of making and bottling fine wines keeps
Read More

Met faces IRS challenge

Agency wants to disallow $28 million tax benefit, company disclosure says
February 26, 1997
Kim Crompton
Metropolitan Mortgage & Securities Co., the big Spokane-based financial-services company, is being challenged by the Internal Revenue Service over a $28 million tax benefit it claimed on an investment loss.The company disclosed in its most in a
Read More

Service matches special workers, tasks

Labor company for people with disabilities helps both its clients and employees
February 26, 1997
Megan Cooley
When Nova Services, a nonprofit corporation that provides job training and placement to disadvantaged and developmentally disabled people, approached John Crow eight months ago about contracting with it, Crow hesitated. Hed employed disabled as a
Read More

Seeking an MBA in a tough economy

Programs at Gonzaga, EWU, Webster attract more students in tight job market
February 26, 1997
Linn Parish
Dan Morris doesnt know exactly where he wants to be in the future, but thinks he knows precisely what he needs to have to get there.The 32-year-old is working full time as a project manager at Spokane-based Itron Inc. and is attending Gonzaga
Read More

Assisted-living project well under way in CdÂ’A

Four Seasons facility features seasonal décor, home-like atmosphere
February 26, 1997
Addy Hatch
COEUR DALENEA new company is building an assisted-living facility here that it hopes will be the first in a chain of five such operations in the Northwest.The company, Four Seasons Assisted Living LLC, already has completed the first of at
Read More
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