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Latest News

Bakery might be starter project on Ridpath block

Kriger group floats vision for vacant Halliday Building
June 16, 2016
Mike McLean
A modest predevelopment application to open a bakery in the long-vacant Halliday Building, next to the shuttered Ridpath Hotel downtown, is just the first glimpse of plans to breathe new life into the block, says Spokane real estate investor and developer
Read More
—Kevin Blocker

Thrivent takes slow, steady approach to its growth

Nonprofit now manages $700M in assets in INW
June 16, 2016
Thrivent Financial, a national, Christian-based financial services organization with offices here, says its financial health-regionally and locally-is stronger than ever despite a methodical approach to attracting new clients. For more than a century
Read More

Rockwood Health owner set to sell 10 hospitals systemwide

Company might divest itself of more centers
June 16, 2016
LeAnn Bjerken
Community Health Systems Inc., the Tennessee-based hospital operator that owns Rockwood Health System in Spokane, reported during a first-quarter earnings investor call last month that it has transactions underway to divest itself of 10 hospital facilitie
Read More
—Treva Lind

Umpqua Bank, partners bank on food as an academic energizer

Pilot program in second year at three schools here
June 16, 2016
Treva Lind
On a recent Friday afternoon, a handful of Spokane-based Umpqua Bank employees left the financial world to spend a few hours on a kids' playground. Trading desks and teller stations to stand behind lunch tables, they staffed a mobile food bank to serve
Read More

Judge sentences former Northwestern Mutual adviser convicted of wire fraud

John C. Hanson to serve 30 months in prison
June 16, 2016
A federal court judge here sentenced a former Northwestern Mutual Investment Services adviser to 30 months in prison for stealing almost $2.8 million from four different clients, two of whom are family members. John Charles Hanson, 42, pleaded guilty las
Read More
—LeAnn Bjerken

Aerospace work outpaces other sectors at AccraFab

Company puts more focus on industry with new office
June 16, 2016
LeAnn Bjerken
Long known as a precision sheet metal fabricator, Liberty Lake-based AccraFab Inc. has spent the last few years working to expand its services to include other industries, with a particular focus on aerospace. AccraFab manufactures parts to serve variou
Read More
—Kevin Blocker

Inland Northwest aerospace hiring expected to cool

Sector is slowing to 'catch its breath,' economist says
June 16, 2016
Inland Northwest aerospace manufacturers and industry observers expect hiring within the sector to slow in the next few years. Doug Tweedy, Spokane-based regional economist for the Washington state Employment Security Department, says hiring in aerospace
Read More
—Mike McLean

Powering drones at Vertical Partners Northwest

Commercial battery sales expected to overtake hobby sector
June 16, 2016
Mike McLean
Though Rathdrum-based Vertical Partners West LLC has become a major supplier of batteries and chargers to remote-controlled model hobbyists during the last 15 years, commercial sales driven by the surging drone market could overtake the hobby sales this y
Read More
—LeAnn Bjerken

Northwest Trustee looks to grow

After securing state charter, company plans office in Boise, eyes other markets
June 16, 2016
LeAnn Bjerken
After 27 years of operation, Northwest Trustee & Management Services, a Spokane-based professional trust and estate management firm, has transitioned from a sole proprietorship to a limited-liability corporation. Founder and President Stephen Trefts sa
Read More

Rathdrum Trading Post is planning its second move this year

New owner plans to add space, renovate structure
June 16, 2016
Mike McLean
Rathdrum Trading Post Hardware plans to move this summer-again. It will be the second move for the independent hardware store this year. The store's permanent location will be in a 12,000-square-foot structure under construction about a half-mile so
Read More
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