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Latest News

Ednetics makes gains in education market

Post Falls company projects $6.5 million in revenues this year, plans to add people
February 26, 1997
Marc Stewart
Ednetics Inc., a Post Falls company that designs, deploys, and services high-tech communication systems for the education sector, is enjoying strong growth and plans to expand next year.The 7-year-old company creates infrastructure packages of
Read More

Eddie Bauer confirms it will reopen store here

Clothing chain plans to open store in River Park Square; opening date not released
February 26, 1997
Marc Stewart
Eddie Bauer Inc., the Redmond, Wash.-based clothing chain, plans to reopen a retail store in River Park Square here after closing an outlet there more than a year ago. Its not clear when the store will open, its exact location, or how many it
Read More

Hangars being built at Felts

Moody Aviation facility is one of four structures going up at Valley airfield
February 26, 1997
Linn Parish
Moody Aviation, the aviation training arm of Chicago-based Moody Bible Institute, has started work on a 21,600-square-foot hangar facility at Felts Field, in Spokane Valley, where it will move its operations from Tennessee next summer.Meantime,
Read More

NWBDA nearly doubles loan volume over 2003

NonprofitÂ’s ranking jumps to 21st in activity among 268 operations nationwide
February 26, 1997
Andrea Worley
Northwest Business Development Association, the Spokane-based nonprofit that puts together government-backed loans for small businesses, says its loan volume in the federal fiscal year that ends today was looking to be nearly double what it was has
Read More

Potlatch to sell St. Joe conservation easement

Spokane company will get $4.1 million, still harvest timber on its 23,000 acres
February 26, 1997
Richard Ripley
Seeking to get more value out of its vast timberlands, Spokane-based Potlatch Corp. plans to sell this week a conservation easement that will cover almost 23,000 acres of its forests near North Idahos St. Joe River for $4.1 million.The sale a
Read More

Evolution of a developer

February 26, 1997
Linn Parish
For 20 years of Mick McDowells working life, what he did for a living depended on what day it was.From 1975 to 1996, he was a city of Spokane firefighter who would work the standard firemans schedule at the time: 24 hours on duty and 48 not
Read More

Interest in area growing

Business recruiting leads improve, focus tightens, and more funds sought
February 26, 1997
Paul Read
Invigorated by new leadership and armed with new strategies for recruiting employers here, the Spokane Area Economic Development Council says interest in the Spokane area is on the rise.A year ago, the EDC was talking with about six to 10 that
Read More

Call-center industry swells

Companies have added or made plans to create more than 2,000 jobs here since start of the year
February 26, 1997
Kim Crompton
Economic-development leaders here were disappointed when Miami-based Royal Caribbean Cruises Ltd. opted recently not to lower a gangplank here and instead set compass for Springfield, Ore., with plans for a reservation call center that would employ
Read More

Downtown tower values rise

Property transactions spur county assessor to look at buildings in SpokaneÂ’s city core
February 26, 1997
Linn Parish
Downtown Spokanes largest office buildings climbed in value by a combined 16 percent over the past six years, the Spokane County Assessors Office says.The combined assessed value of 14 of downtown Spokanes more prominent multitenant to in
Read More

Sterling sells insurance unit in Montana

February 26, 1997
Marc Stewart
Sterling Financial Corp., the Spokane-based parent of Sterling Savings Bank, ended a brief involvement in the property-and-casualty insurance business by selling a small Billings, Mont., agency to an affiliate of a large Utah insurance buyer, LLC,
Read More
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