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Latest News

—Staff photo by Kim Crompton

Giving tools spring power

February 11, 2010
Kim Crompton
North Idaho native Eric Thun says he spent enough time in the corporate world to get a strong distaste for the moving of manufacturing offshore, and came back to the Spokane area to escape that environment and hopefully do his small part to counter
Read More

U.S. Linen eyes more growth here

Richland company adds worker to Spokane branch after winning state contract
February 11, 2010
Kim Crompton
U.S. Linen & Uniform, of Richland, Wash., says it will be looking to grow its presence in the Spokane area after winning a roughly $1 million exclusive contract to supply linens, uniforms, mats, and other related rental and laundry services to goal
Read More

DOT has $83 million list of stimulus ideas

As Congress considers new legislation, state identifies eligible projects in region
February 11, 2010
Jeanne Gustafson
The Washington state Department of Transportation has prepared a draft list of $82.6 million in projects here that it would propose in Eastern Washington should more federal stimulus money come to the state for road construction projects.The a a
Read More

RiverBank posts profit; loans jump

Four-year-old boutique institution says it expects decent growth this year
February 11, 2010
Kim Crompton
RiverBank, which opened for business here in 2006, notched its first profitable calendar year in 2009, posting net income of $592,000, according to data it has filed with the Federal Deposit Insurance Corp.That was up sharply from losses of in a
Read More

Capital raising could total $600 million

Sterling Savings' needs balloon as equity figure on balance sheet falls
February 11, 2010
Richard Ripley
A fundraising that regulators have required Sterling Savings Bank to perform could end up totaling $600 million, rather than $300 million, two of the Spokane bank's top executives say.The amount of equity capital Sterling will need to raise is 1
Read More
—Staff photo by Mike McLean

Contractors' bids flood trickle of jobs

Some builders traveling farther, cutting profits in competition for work
February 11, 2010
Mike McLean
A dwindling supply of big construction projects is leading to unhealthy competition among bidders for too few jobs, some in the industry say.While project owners are benefiting from low bids, contractors are going farther to bid for work, are on
Read More
—Photo courtesy of University of Washington

Simulator hub possible here

UW dean says spin-off companies, intellectual capital likely
February 11, 2010
Richard Ripley
Small-town doctors don't deliver babies very often, but to keep their skills current—and to avoid catastrophic medical mistakes—they can practice deliveries with childbirth simulators at the University of Washington School of another can
Read More
—Staff photo by Kim Crompton

Valley Hospital eyes expansion

Master planning process under way to determine space needs
February 11, 2010
Kim Crompton
Valley Hospital & Medical Center, which experienced a surge in patients after adding staff last year, is exploring the possibility of expanding, possibly through the construction of a tower, and says construction could begin as early as looking at
Read More

In The News: February 11, 2010

February 11, 2010
Feb. 9 / Potlatch posts higher earnings for quarter, year Spokane-based Potlatch Corp. reported earnings of $2.9 million, or 7 cents a diluted share, for the fourth-quarter of 2009, compared with a net loss of $4.4 million, or 11 cents
Read More

Calendar: February 11, 2010

February 11-25, 2010
February 11, 2010
Meetings & Events Greater Spokane Incorporated will hold a breakfast meeting, featuring Spokane Mayor Mary Verner's State of the City Address, on Friday, Feb. 12, from 7:15 to 9 a.m., at the Spokane Convention Center, 334 W. Spokane a
Read More
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