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Latest News

Policy center will add to debate here

February 25, 2010
Editor's Notebook
The discussion of public-policy matters here should get a welcome boost with the Washington Policy Center adding its well-researched opinions to the mix more frequently, following its recent opening of an Eastern Washington office here.The says
Read More

INB chief sees return to black ink

Solid core earnings, better credit loss results projected at bank here
February 25, 2010
Richard Ripley
Randall L. Fewel, president and CEO of Inland Northwest Bank, has projected that the Spokane-based institution will return to profitability this year.The bank's parent, Northwest Bancorporation Inc., reported recently a fourth-quarter net loss a
Read More

Central Pre-Mix seeks rezone near racetrack

Company bought land at auction in 2008, plans to mine it for gravel later
February 25, 2010
Jeanne Gustafson
Central Pre-Mix Development Corp. is seeking to rezone for mining uses 85 acres of land it bought in 2008 at an auction of part of the former Spokane Raceway Park property.Central Pre-Mix, which produces ready-mix cement and sand and gravel to a
Read More

TicketsWest center starts telecommuting

Contractor now operates facility, moves almost half of workers to homes
February 25, 2010
Jeanne Gustafson
The operator of Red Lion Hotels Corp.'s TicketsWest call center here says it has begun having some of the employees in that center work from their homes. TicketsWest outsourced its call center ticket sales in Spokane last spring to Dallas-based
Read More

Plastic parts maker adds to Cd'A plant

Accurate Molded Plastics says $665,000 addition will alleviate crowding
February 25, 2010
Mike McLean
Accurate Molded Plastics Inc., of Coeur d'Alene, is erecting a 20,000-square-foot addition at its manufacturing plant there, says Scott Gabbert, the company's general manager.The company currently occupies about 35,000 square feet of floor space
Read More

Inland Power & Light's net margins, revenue rise

Co-op projects slower growth, sets 8.5 percent rate increase for April 1
February 25, 2010
Kim Crompton
Inland Power & Light Co., the Spokane-based electric cooperative, says its net margins jumped 56 percent last year to slightly more than $5 million, due largely to record power sales, lower operating costs, and the sale of its former headquarters
Read More

WashTrust posts sharply lower profit for '09

Balance sheet displays 'positive' trends; capital ratios exceed guidelines
February 25, 2010
Richard Ripley
Washington Trust Bank managed to make a profit last year, although the just under $3 million in net income it posted was less than a fifth of the $15.8 million in profit that it logged in 2008.As of Dec. 31, the Spokane-based bank's loans were a
Read More
—Staff photo by Mike McLean

Making the write turn

February 25, 2010
Mike McLean
John Ferrell and Joe Wing started "turning," or making components for, pens as a hobby. Now, as business partners, they're hoping to turn a profit.Ferrell and Wing opened JJ's Pen Place LLC this year in the Eagle Plaza, at 14415 E. Sprague, they
Read More

Olive Garden to open at Northpointe

Restaurant chain applies for building permit, plans $1.3 million restaurant
February 25, 2010
Jeanne Gustafson
The operator of the Olive Garden Restaurant chain has applied for a permit to build a $1.3 million "new Olive Garden" at the site of a former Hollywood Video Store near Northpointe Plaza.The operator, GMRI Inc., of Orlando, Fla., submitted an a
Read More
—Rendering courtesy of Russell C. Page Architects PS

Vandervert groups plan Tri-Cities projects

Apartment complex, hotel, office development worth $34.3 million combined
February 25, 2010
Mike McLean
Ownership groups led by Spokane developers Dick Vandervert and Lowell McKee plan to start work soon on three major commercial projects in the Tri-Cities area with a total value of $34.3 million.The planned projects include a hotel and an office
Read More
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