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Latest News

Chicago brokerage acquires Spokane-based Fidelity Associates

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January 8, 2015
Staff Report
Fidelity Associates Financial Services Inc., a Spokane-based insurance and employee-benefits brokerage with roots dating back to 1906, has sold its assets to Chicago-based Hub International Ltd. Hub International didn't disclose the terms of the tran
Read More

Ace Hardware acquires Jensen Distribution

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January 5, 2015
Staff Report
Jensen Distribution Services, a 131-year-old, Spokane-based wholesale hardware distributor, has sold its assets to Oak Brook, Ill.-based cooperative Ace Hardware Corp. Founded in 1883, Jensen Distribution has about $150 million in annual revenue and se
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Small Business Watch

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December 18, 2014
Staff Report

120-unit rental complex set to start on South Hill

Whitewater Creek permitted to begin $16 million project
December 18, 2014
Mike McLean
Hayden-based developer and contractor Whitewater Creek Inc. has obtained permits from Spokane County to begin construction of the first of two $16 million affordable-housing projects it has planned on the South Hill. The 120-unit Summit Ridge Apartments
Read More

Downtown auto service garage buys own building

Mechanic's Pride's move due to big Lexus project
December 18, 2014
Mike McLean
Mechanic's Pride Tire & Automotive Inc., a Spokane-based auto service business, has bought a 13,600-square-foot, single-story building at the northeast corner of Second Avenue and Jefferson Street and plans to move there from its longtime flagship locat
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Added ferry funding is fine, for now

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December 18, 2014
Linn Parish
I live roughly 300 miles from the nearest ferry port in Washington state and haven't been on a state ferry since 2001. Regardless, when I go to renew my car tabs next month, I'll get to pay an extra $5 to fund construction of new ferries. You will t
Read More

Hoping for recovery worth a capital 'R'

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December 18, 2014
Staff Report
The Great Recession earned and richly deserves its capitalized moniker, given the breadth and the depth of the damage it wreaked. Now, five and a half years after it ended, we're still in the midst of a small 'r” recovery-one that in its early sta
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Poll: Voters statewide back WSU medical school

Results shows differences in other areas, however
December 18, 2014
Judith Spitzer
While Washingtonians agree on issues such as whether environmental activism is too aggressive and hurts economic growth, Eastern Washington voters disagree over whether the state should have legalized recreational marijuana, say the findings of a new surv
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STA moves forward with West Plains transit project

Organization also slated to vote on 10-year plan
December 18, 2014
Katie Ross
Spokane Transit Authority is moving forward with its plans for an envisioned $14.8 million West Plains Transit Center, including applying for funding and contracting for the design of the facility, says Karl Otterstrom, STA's director of planning. The
Read More

Three-office occupational therapy provider acquired

Olympia-based concern buys Spokane practice
December 18, 2014
Mike McLean
Sean and Christina Sipe, owners of three Olympia, Wash.-area physical therapy practices, have bought the assets of Spokane Occupational & Hand Therapy Inc. The Spokane-based practice has offices at 601 W. Fifth near downtown, at 111 E. Central on the Nor
Read More
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