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Latest News

Index of Inland Northwest public companies shows increase for 2012

Hart Capital says value of stocks rose 14 percent, slightly higher than S&P
January 17, 2013
Treva Lind
Hart Capital Management Inc., a Spokane-based investment firm, says the stock value of 15 publicly traded Inland Northwest companies as measured in an overall index performed well last year compared with the Standard & Poor's 500. For its Inland
Read More

Business software maker Imprezzio looks to hire after landing contract

Software company looking to fill 18 positions now
January 17, 2013
Mike McLean
Spokane-based business software company Imprezzio Inc. recently has landed a big contract with a major insurance company. The company is looking to fill 18 positions now—and perhaps that many more later this year, says Lisa Bick, Imprezzio's a
Read More
—Staff photo by Treva Lind

A foodie flavor shop

January 17, 2013
Treva Lind
The owners of a Spokane Valley nursery have found a way to spice up their business plan—and boost sales year-round—with a separate enterprise on-site that offers specialty food ingredients and beverages.Bill Coyle and his wife, Jan a
Read More

Bankruptcy activity fell in Eastern Washington, North Idaho

Drop marks third year of fewer filings, though some foresee rise in '13
January 17, 2013
Jessica Valencia
Bankruptcy filings declined for the third consecutive year, with 750 fewer filings in Eastern Washington in 2012 than in the previous year. Attorneys here, however, say bankruptcies could climb this year. Businesses and consumers filed a of a
Read More

Aslin Finch acquired by Skagit Farmer Supply

Skagit Farmers Supply to preserve name, stores of longtime company
January 17, 2013
Treva Lind
Aslin-Finch Co., a Spokane Valley-based concern that operates seven retail feed and pet supply stores, and its AFCO Distribution & Milling wholesale division have been acquired by agricultural co-operative Skagit Farmers Supply, of Burlington, of a
Read More

Schweitzer Engineering expands in Pullman, Lewiston

New engineering facility, manufacturing addition values exceed $19 million
January 17, 2013
Mike McLean
Pullman, Wash.-based Schweitzer Engineering Laboratories Inc. is acting as its own contractor on two major construction projects under way with a combined value exceeding $19 million.One project is a $9 million, 98,000-square-foot Zocholl on in
Read More
-Photo courtesy of First Wind

Wind farm powers up on the Palouse

Recently finished project touted to meet equivalent needs of 30,000 customers
January 17, 2013
Jessica Valencia
Work on the Palouse wind farm, a two-year project to construct turbines meant to generate electricity for Spokane-based Avista Corp., is now complete, an addition that the energy company says will pad its growing renewable energy portfolio.The a
Read More
-File photo

Health plan costs are on the rise in the Inland Northwest

Some small concerns see double-digit rate hikes; others closer to 5 percent
January 17, 2013
Treva Lind
Health-plan costs for Spokane-area businesses are rising yet again this year, at rates that range from about 5 percent up to double-digit percentage increases, with variations mainly depending on employee numbers and plan design.Area employers a
Read More
—Staff photo by Linn Parish

Innovate Washington is ready to grow

Technology-focused economic development group to bolster staff, develop energy hub
January 17, 2013
Linn Parish
Quietly operating for a year and a half as a statewide technology-related economic development agency, Innovate Washington expects to make more noise in the coming year. As it does so, Innovate Washington CEO Kim Zentz says, the organization's a
Read More

Foreclosures in Spokane County fall to four-year low

Job growth, stable prices help drive downturn in defaults
January 17, 2013
Mike McLean
After several years of steeply rising mortgage defaults in Spokane County, foreclosures on deeds of trust plummeted to a four-year low in 2012, while foreclosure numbers in Kootenai County were tracking downward as well in the latest available the
Read More
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