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Latest News

Metropolitan Mortgage posts $14.1 million loss

Spokane company absorbs transition costs, remains confident in strategic plan
February 26, 1997
Kim Crompton
Metropolitan Mortgage & Securities Co., of Spokane, has reported a net loss of about $14.1 million for its second fiscal quarter ended March 31, down sharply from net income of about $455,000 for the year-earlier period. The loss was on revenues of
Read More

Aquatics center eyed for Valley

Nonprofit hopes to open $12 million-to-$15 million, three-pool facility by 2003
February 26, 1997
Linn Parish
Spokane Regional Aquatics Center Inc., a new nonprofit corporation here, hopes to develop a $12 million-to-$15 million indoor swimming facility in the Spokane Valley.Jeff Eickerman, president of Spokane Regional Aquatics, says preliminary design
Read More

Hollister-Stier could add second shift soon

So far this year, company has seen 300 percent jump in contract manufacturing
February 26, 1997
Addy Hatch
Hollister-Stier Laboratories LLC, of Spokane, began a marketing blitz in January to promote its contract-manufacturing services, and the strategy appears to be working: The pharmaceutical makers contract sales are up more than 300 percent for the
Read More

Tax-increment financing interests developers here

Granite Investments hopes incentive is used on project; others expected to follow
February 26, 1997
Linn Parish
Tax-increment financing wont become available in Washington state for another several weeks, but developers here already are looking into whether the city or county would use it in conjunction with their projects, which could be worth tens of of
Read More

Pizza-car signs bring piece of pie

Cassel Promotions
February 26, 1997
Anita Burke
Chances are, the car-mounted sign atop the pizza-delivery vehicle that whisked through your neighborhood last night was made here in Spokane by Cassel Promotions. The same might be true if you lived in New York, Boston, Las Vegas, or a host of U.S.
Read More

Avista unit may face big tax bill

Company is challenging $13.5 million assessment, stateÂ’s B&O interpretation
February 26, 1997
Kim Crompton
Avista Energy, currently the hottest-performing subsidiary of Spokane-based Avista Corp., has been slapped with an additional $13.5 million business-and-occupation tax assessment by the Washington state Department of Revenue for its energy-trading
Read More

Pretty city seeks a makeover

Sandpoint downtown group, Bonner County EDC form as developments emerge near town
February 26, 1997
Addy Hatch
Sandpoint is celebrating its centennial this year, and like most milestone birthdays, the event finds this city on Lake Pend Oreille reminiscing about its past and looking ahead to its future. On its 100th birthday, Sandpoint can be certain of a
Read More

WestCoast readies to expand

Hotelier hopes to double lodging establishments, sell headquarters, Crescent Court, other properties
February 26, 1997
Lisa Harrell
After more than doubling its portfolio of hotels last year through a major acquisition, Spokane-based WestCoast Hospitality Corp. now plans to double that chain againto 100 hotelsduring the next five years.Meanwhile, WestCoasts ticketing a
Read More

Outlaw.com boosts sales for decoy maker here

Web site advertises over 10,000 items from local and national companies
February 26, 1997
Lisa Harrell
Outlaw Decoys Inc., a 10-year-old Spokane-based maker of duck decoys and duck-hunting boats, has broadened its strategy from advertising its own products via a mail-order catalog to offering thousands of outdoorsy products on an e-commerce Web the
Read More

County OKs expansion of landfill here

Graham Road still needs permit from health district before project can begin
February 26, 1997
Lisa Harrell
Graham Road Recycling & Disposal Facility recently received two conditional-use permits from Spokane County, moving it a step closer to proceeding with a multimillion-dollar expansion of its 40-acre landfill just west of Fairchild Air Force Road is
Read More
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