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Latest News

Malt-O-Meal eyeing distribution facility here

Big cereal maker expected to occupy new building in Valley
February 26, 1997
Kim Crompton
Malt-O-Meal, the Minneapolis-based company that makes cereals such as Marshmallow Mateys, Coco Roos, and Toasty Os, is negotiating to open a large distribution facility in the Spokane Business & Industrial Park.Were working to put a
Read More

Cogentrix buys land for plant

North Carolina company hopes to start construction in Rathdrum next fall
February 26, 1997
Anita Burke
Cogentrix Energy Inc., a Charlotte, N.C.-based power producer, has bought about 107 acres in Rathdrum, Idaho, where it plans to build a $100 million electricity-generating plant. If it can arrange the necessary financing, the company hopes to
Read More

Empire Securities spanked

But attorney for one investor calls the action ‘a slap on the wrist’
February 26, 1997
Paul Read
Empire Securities Inc. of Washington has signed a consent order issued by state securities investigators that allows the troubled Spokane brokerage firm to remain open but on a short regulatory leash. Also, four of Empires employees or a
Read More

Owners battle renterÂ’s market

Newer complexes fill faster than older ones; experts differ on the outlook
February 26, 1997
Chad Cain

Future Shop stores here to stay open

Company closed outlet in Portland, four in Utah, takes about $10 million hit
February 26, 1997
Lisa Harrell
Future Shop Inc., which is in the process of implementing a new strategic plan that has resulted in the closure of five stores and will involve the renovation of others, says that its two Spokane-area stores will remain open.Gary chief of
Read More

Work on Medical Lake sewage plant to begin

City awards $5.7 million job to joint venture headed by Hoffman Construction
February 26, 1997
Chad Cain
The city of Medical Lake has awarded a nearly $5.7 million contract to a joint-venture partnership headed by Hoffman Contractors Inc., of Spokane, for construction of a new wastewater treatment facility that will serve the Medical Lake which
Read More

7-Eleven to build new C-store near downtown

Facility will be located on old Perkins site at Division and Second
February 26, 1997
Chad Cain
Southland Corp., the Dallas-based convenience-store chain, plans to develop a 7-Eleven gas station-convenience store at the northeast corner of Division Street and Second Avenue. The site formerly housed a Perkins restaurant.Work on the is
Read More

Guardian leases Cedar Creek Village building

It plans to move big group of employees there from building on Lyons
February 26, 1997
Kim Crompton
New York-based Guardian Life Insurance Co. of America has agreed to lease a new 14,000-square-foot building at Cedar Creek Village, near Guardians big Spokane operations center on the citys North Side.Kathleen Greco, Guardians top to
Read More

John Stone to develop another Seattle project

Assisted-living facility will have 76 units, cost about $9.8 million
February 26, 1997
Chad Cain
John Stone Development LLC, of Spokane, plans to develop a $9.8 million, 76-unit assisted-living facility in Seattle, boosting to seven the number of big dwelling complexes that the company is either working on or is about ready to launch in
Read More

Outdoor Sportsman to close

Sporting goods store has been in business 22 years
February 26, 1997
Kim Crompton
The Outdoor Sportsman, a sporting goods retailer at the northeast corner of Division and Mission that has been in business here for 22 years, apparently plans to close its doors.Owner Mark Jones couldnt be reached for comment. However, the to
Read More
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