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Latest News

Health plan rates: no relief

Large share of employers here will see double-digit increases in premiums again this year
February 26, 1997
Kim Crompton
Many Spokane-area employers who had hoped for some respite this year from double-digit percentage increases in their health-care plan premiums likely are finding themselves mightily disappointed.Representatives for several of the Inland larger 7
Read More

Hecla boosts gold output by a third, cuts cash costs

Cutbacks at Lucky Friday, however, contribute to lower overall silver production
February 26, 1997
Addy Hatch
Hecla Mining Co., of Coeur dAlene, boosted its gold production by a third last year and significantly lowered its cash costs of producing both gold and silver. The company, which has operating mines in the U.S., Mexico, and Venezuela, also it
Read More

WAM plans retail strip at Wal-Mart

Three tenants on board for $1.8 million project at new Post Falls store
February 26, 1997
Addy Hatch
WAM Enterprises Inc., of Spokane, plans to build a retail strip center in the northeast corner of the parking lot at Wal-Mart Stores Inc.s new outlet in Post Falls. WAM bought a little more than an acre of Wal-Marts 20-acre Post Falls site,
Read More

Three new tenants to fill Bayou Brewing space

Rendezvous Events opens in banquet facility; brewer, Thai restaurant plan moves
February 26, 1997
Linn Parish
A Spokane events business has leased part of the shuttered Bayou Brewing Co. premises, and two other businesses, an Airway Heights microbrewery and a Spokane Thai restaurant, expect to sign leases there soon and move their respective operations the
Read More

Kmart here reportedly on closure list

Store in Veradale is one of just two in Washington; company wonÂ’t confirm
February 26, 1997
Kim Crompton
A Kmart store in the Spokane Valley is one of two in Washington state that are on a leaked list of more than 200 Kmart stores reportedly slated for closure, the Puget Sound Business Journal, of Seattle, says.Kmart Corp., the struggling Troy, for
Read More

Doctors sign contract for Post Falls hospital

Plans for surgical facility have created much rancor in CdÂ’A medical community
February 26, 1997
Addy Hatch
A group of Coeur dAlene doctors has signed an agreement with a Chicago company to open a surgical hospital in Post Falls, a move that Kootenai Medical CenterCoeur dAlenes only hospitalestimates will cost it $6 million to $7 million a year
Read More

Rahco sells equipment in China and Indonesia

CompanyÂ’s recent orders for salt harvesters, mining systems top $20 million
February 26, 1997
Paul Read
Rahco International Inc., the longtime Spokane industrial manufacturer, says it has landed a contract to supply two more of its salt harvesters to a Chinese maker of potash for fertilizers. The contract is worth roughly $10 million. Meanwhile, ,
Read More

Floral consultant sows profits

February 26, 1997
Addy Hatch
I will never be in the flower business. Thats the vow Tom Lavagetto made to his father when he left high school, after spending a good deal of his childhood helping out in the family-owned greenhouse business here. Yet, Lavagetto, 56, a
Read More

Iron Bridge developer pitches TIF

Tax-increment financing seen as way to cover cost of complexÂ’s infrastructure
February 26, 1997
Linn Parish
Iron Bridge LLC, the Spokane company that plans to develop an office complex, valued at as much as $60 million, along the Spokane River east of Hamilton Street, expects to ask the city of Spokane to form a tax-increment financing district there to
Read More

Rec center advocates huddle up

February 26, 1997
Proponents of a spate of proposed Spokane-area sports facilities have huddled on the sidelines to strategize against their newest adversarya slow economy that has spiked their hopes of building two multimillion-dollar recreational complexes here
Read More
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