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Latest News

Group plans equestrian development

Stonebrook Ranch, near Springdale, configured for 20-, 40-acre parcels
February 26, 1997
Kim Crompton
An investor group has begun work on a 350-acre equestrian estates development, called Stonebrook Ranch, thats to be located about 35 miles northwest of Spokane, near Springdale, Wash., and that the group believes is the first of its type in this
Read More

Corridor not yet luring opportunists

Investors, real estate specialists donÂ’t foresee land buys soon
February 26, 1997
Jeanne Gustafson
The first leg of the north-south freeway to open for traffic likely will stir new commercial development, such as around the interchanges where it connects with busy arterials, but market demand for that land isnt materializing yet, commercial of
Read More

MatriCal thinks big with small item

Medical storage concern here prepares to supply cell-culture plates to GE unit
February 26, 1997
Jeanne Gustafson
Spokane-based scientific-research equipment supplier MatriCal Inc. is on the verge of a potentially huge distribution contract for one of its smallest products and is preparing to move much of its operation out of the Sirti Building to a bigger is
Read More

Banks start to see more loan problems

Northwest Bancorp., Sterling, Intermountain point out new edginess in real estate
February 26, 1997
Richard Ripley
Some Inland Northwest bank-holding companies reported higher loan charge-offs, nonperforming assets, or provisions for loan losses in their third-quarter earnings reports, reflecting a softening in the real estate markets they serve.After an in
Read More

Banner Corp. posts growth in net, loans

Company that bought F&M is interested in adding more branches in Spokane area
February 26, 1997
Mike McLean
Walla Walla-based Banner Corp., which operates Banner Bank and acquired Spokane Valley-based F&M Bank earlier this year, says its loan and deposit growth from that acquisition and another helped bolster its net income for the third posted earnings
Read More

Assault on ATMs

Cash-machine owners try to counter rash of heists
February 26, 1997
Jeanne Gustafson
Thieves have smashed and grabbed 13 ATMs here in the last several months, pitting the brute force of a car or truck against the perceived imperviousness of a bolted-down cash machine. The thieves either bash a vehicle right through a storefront or
Read More

Documenting workersÂ’ ID can be tricky

Avoid federal penalties by keeping good records
February 26, 1997
Dale A. DeFelice
In recent months, employers across the U.S. have seen an increase in audits and enforcement actions by U.S. Immigration and Customs Enforcement (ICE) or the U.S. Department of Labor. Also, some proposed immigration-reform legislation has called for
Read More

Fast path to journeyman

Spokane Public Schools program helps young workers get ahead, seeks to stem shortage
February 26, 1997
Mike McLean
A two-year-old pre-apprenticeship program offered through Spokane Public Schools is helping students enter construction-related tradesand earn living wagesright out of high school.Apprentices are needed to fill an expected shortage of as a
Read More

Private universities, CCS, NIC post enrollment gains

WSU-Spokane reports fewer students; EWU dips from record high
February 26, 1997
Jeanne Gustafson
Private universities and community colleges here have seen an uptick in enrollment this year, while enrollment in state universities Spokane programs has fallen. Overall enrollment at Gonzaga has increased 2.7 percent to 6,923 students this a
Read More

Heat-treat plant plans new facility in Valley

11,500-square-foot structure on East Marietta intended to accommodate growth
February 26, 1997
Emily Proffitt
Inland Northwest Metallurgical Services Inc., of Spokane Valley, plans to have a new building erected behind its current location to accommodate its growth.The company, which heat-treats metal for manufacturers, is located in an structure at a
Read More
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