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Latest News

Retraining takes center stage

After years of economic growth, numerous layoffs here have fueled heightened activity
February 26, 1997
Addy Hatch
Retool your skills, retrain for a new careerin a fat economy, these are the kinds of slogans you see on matchbook covers and bus-stop benches, and its advice thats widely ignored.Why retrain when jobs are easy to come by? With the and
Read More

Mortgage refinancings surge

Lenders here say inquiries have risen sharply thanks to falling interest rates
February 26, 1997
Linn Parish
Lenders say home-loan refinancing activity has begun building toward a crescendo in recent weeks following yet another dip in mortgage-loan interest rates.With lower rates, more people have inquired about reworking home loans to lower their and
Read More

Shooting range targeted with foreclosure action

Owner is negotiating for financing package to pay off amount owed
February 26, 1997
Addy Hatch
Sharp Shooting Indoor Range & Gun Shop Inc., of Spokane, faces foreclosure by a Texas company after defaulting on a loan that originally was guaranteed by the U.S. Small Business Administration. According to a foreclosure action filed in Court
Read More

Addis buys dealership in Newport

Business will move to new location near the intersection of U.S. 2 and state Route 41
February 26, 1997
Addy Hatch
Tom Addis, who owns two auto dealerships in Coeur dAlene, is buying Jackson Motors Inc., a longtime Ford dealership in Newport, Wash., and will move that dealership to a new location there. Addis company, Tom Addis Automotive Group, expects
Read More

Spokane printer maker plans to move to SBIP

Output Technology to leave larger facility on Fancher
February 26, 1997
Linn Parish
Output Technology Corp., a manufacturer of high-speed computer printers here, plans to move into a 20,000-square-foot space at the Spokane Business & Industrial Park, in the Spokane Valley.Crown West Realty LLC, the Spokane company that owns and
Read More

Cheney studies citywide broadband fiber system

Council seeks grant funding to explore connecting 4,000 plus EWU to fast network
February 26, 1997
Rob Strenge
The city of Cheney expects early next month to hire a contractor to design the backbone of a high-capacity fiber-optic network that eventually could bring broadband computer and telecommunications lines to its 4,000 utility customers, including
Read More

CXT Inc. buildings for sale

Parent declines comment; source says companyÂ’s operations will stay here
February 26, 1997
Rob Strenge
CXT Inc., the Spokane Valley manufacturer of concrete railroad ties and prefabricated concrete buildings, has posted signs at its administrative office building and a nearby building identified as a concrete crossing-panel production plant offering
Read More

Coeur unit to consult on the environment

Earthworks Technology to tap companyÂ’s expertise from own reclamation efforts
February 26, 1997
Addy Hatch
Coeur dAlene Mines Corp. is fighting back against a flagging metals market by spinning off its environmental and governmental relations operation into a subsidiary that will do consulting work for the Coeur dAlene-based mining company, its and
Read More

Telect woes humbled, strengthened its CEO

Wayne Williams tells group about companyÂ’s decline, and what he learned from it
February 26, 1997
Paul Read
The man behind the Spokane-area company that seemingly could never stumble but did this year, told business leaders here last week that for the first time in his life, there were mornings in recent months when he curled up in bed and dreaded going
Read More

Racing family picks up speed

Herberholz Racing Inc.
February 26, 1997
Linn Parish
One day a few years back, Sheri Herberholz waited for her husband, Larry, and oldest son, Dana, to come home with the familys first real race car. The two returned with a flatbed trailer carrying car-body parts. It didnt exactly rev her tells a
Read More
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