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Latest News

—Staff photo by Kim Frlan

Ingots on the Internet

July 29, 2010
Kim Frlan
Businesses as diverse as cabinetmakers, motorcycle accessory dealers, tattoo parlors, giftware wholesalers, and antique reproduction manufacturers need metal parts. If they want to make their own, they'll need a foundry, and Lost & Foundry, of has
Read More

Farm Credit's CEO to retire at end of 2010

July 29, 2010
Northwest Farm Credit Services, the Spokane-based federally chartered ag-lending cooperative, has announced that longtime President and Chief Executive Officer Jay Penick will retire at the end of the year, and that Phil DiPofi, chief banking of to
Read More

Pend Oreille PUD sets transmission line project

$1.5 million contract let for construction; poles, other items cost $1.9 million more
July 29, 2010
Richard Ripley
The Pend Oreille County Public Utility District has awarded a $1.5 million contract to Potelco Inc., of Sumner, Wash., to build a 115-kilovolt power transmission line between the district's Diamond Lake substation and a lot where it will build its
Read More

Bankruptcy filing pace slows down here

Attorneys say workload remains steady; North Idaho filings jump 25 percent
July 29, 2010
Kim Frlan
Filings in U.S. Bankruptcy Court here continued to grow during the first half of this year, but at only a 4 percent pace, well below the 44 percent jump in the first six months of 2009 and the 31 percent jump during all of last year. Meanwhile, in
Read More

Sawtooth to leave mall; sushi on way

July 29, 2010
Kim Frlan
Sawtooth Grill, located on the main floor of River Park Square downtown, says it's looking for a space to relocate. Meanwhile, a Seattle-area sushi restaurant says it plans to take Sawtooth's space. "Our lease was up, and we couldn't negotiate a
Read More

County looks to offload land on West Plains

$2.3 million final payment made late last month on 200-plus acres there
July 29, 2010
Kim Crompton
Spokane County was forced late last month to borrow money from its treasurer's office to make a $2.3 million balloon payment due on more than 200 acres of West Plains land that it bought to facilitate the Geiger Spur rail line relocation project a
Read More

Graham now low bidder on NSC project

$22 million project will add southbound freeway lanes between Freya and Farwell
July 29, 2010
Kim Frlan
Graham Construction & Management Inc., of Spokane Valley, is the new apparent low bidder for a now $21.5 million contract to construct the southbound lanes of a 3.7-mile section of the North Spokane Corridor, after earlier bids were thrown out due
Read More
—Staff photo by Mike McLean

Payday loan outlets dwindling

Decline largely attributed to tightened regulations on industry
July 29, 2010
Mike McLean
Payday loan centers in Spokane and throughout Washington state have declined in number since more stringent regulation of them went into effect at the first of the year.As of mid-June, 46 payday loan outlets were operating in Spokane County, 56
Read More
—Staff photo by Paul Read

Lydig nabs big Moses Lake job

Contractor to erect first phase of carbon fiber plant
July 29, 2010
Kim Crompton
Lydig Construction Inc., of Spokane, has won the contract to build the first phase a plant at Moses Lake, Wash., that will produce carbon fiber for use in making materials for components of a BMW car, called the Megacity Vehicle, that's to be in a
Read More

Even cheap, passive exchange-traded funds can be volatile

Investors must be careful; to avoid reckless trading, pick ETFs that fit goals
July 29, 2010
Personal Investing
Another one bites the dust.Just when investors thought the exchange-traded fund was the absolutely perfect investment to diversify their portfolios, it turns out it can carry risks just like other vehicles.A number of ETFs, which are mutual a
Read More
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