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—Staff photo by Jeanne Gustafson

Designing a path through slump

Design Source Inc. partners emphasize sustainability, flexibility of work spaces
November 25, 2009
Jeanne Gustafson
Design Source Inc., a longtime Spokane interior design firm, has made its mark here over the years, and now is adapting in the tepid economy. In a business that relies heavily on new construction, Design Source has had to make ends meet with in
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Small Business Watch: November 25, 2009

November 25, 2009
Martial arts school moves to larger space Allen and Stephanie Gast have moved their business, Paradigm Martial Arts, from their home to a leased 1,150-square-foot space at 1510 N. Argonne, in Spokane Valley.Allen Gast says he taught
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Veteran analyst tracks small signs

November 25, 2009
Editor's Notebook
Fred Dickson has learned to watch for telling, if unofficial, economic indicators during his 38 years in the securities industry.Eighteen months ago, Dickson, who's a market strategist and director of retail research for D.A. Davidson & Co., a a
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—Staff photo by Paul Read

Much-smaller Telect sees reason for optimism in telecom

Liberty Lake company says sales are edging up, to stay conservative on hiring
November 25, 2009
Paul Read and Paul Read
No longer the shining star of high-tech manufacturing here, Liberty Lake-based Telect Inc. has settled into a new role as a scrappy fighter in the rough-and-tumble telecommunications equipment industry, and that appears to suit CEO Wayne Williams a
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Two prosthetic vendors to take on Hanger name

Hanger-owned Riessen's to be moved farther up on North Side in 2010
November 25, 2009
David Cole
Hanger Orthopedic Group Inc., of Bethesda, Md., which owns Schindler's Orthotic & Prosthetics and Riessen's Orthotic & Prosthetic Services here, plans to change the name of both those operations to Hanger Prosthetics & Orthotics starting early next
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Clare House looks to receive $9.5 million from state bond

Funding for 120-unit apartments to include low-income tax credits
November 25, 2009
Jeanne Gustafson
The Washington state Housing Finance Commission has agreed to issue $9.5 million in tax-exempt revenue bonds for a multifamily affordable housing project at the Clare House retirement complex on Spokane's South Hill.Whitewater Creek Inc., of on
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American Drapery to move to larger space in the Valley

Renton-based company also will begin marketing flooring products here
November 25, 2009
David Cole
Renton, Wash.-based American Drapery, Blind & Carpet says it plans to move its longtime store on East Sprague further east to larger quarters, and also will begin selling flooring products at the new location. Wendy Edwards, a Renton-based for a
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AmericanWest expects boost from tax rule

Bank holding company anticipates $13.7 million gain under assistance act
November 25, 2009
Kim Crompton
AmericanWest Bancorp., of Spokane, says it expects its regulatory capital ratios and those of its main operating subsidiary, AmericanWest Bank, to improve significantly as the result of a new law that extends the federal income tax carryback period
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CVB to add panel to study future funding

Also plans to open joint office with Hartford CVB in Washington, D.C.
November 25, 2009
Richard Ripley
The Spokane Regional Convention and Visitors Bureau will seek to appoint a blue ribbon committee of board members and other business leaders to help it address long-range funding issues.Separately, the CVB and the Greater Hartford (Conn.) and a
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Empire Ford property sale said pending

Transaction, if completed, would stave off trustee's sale postponed to Feb. 5
November 25, 2009
Kim Crompton
A California-based real estate investment trust has signed a purchase agreement to acquire the former Empire Ford auto dealership property in downtown Spokane, says Nate Greene, who along with his wife, Roberta, owns the property through The Greene
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