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Manufacturing

Precision Cutting Technologies changes hands

Industrial metal manufacturer's employees retained after acquisition by private equity firm
March 2, 2023
Erica Bullock
Clint and Brenda Grassel, founders of Precision Cutting Technologies Inc., in Liberty Lake, have sold their business to a Washington state-based private equity company that they say will continue operations under the Precision name and expand the business
Read More

Patent claims against Continuous Composites denied

Trial against competitor scheduled for December
February 16, 2023
Virginia Thomas
Six petitions seeking to invalidate patent claims of Coeur d'Alene-based additive manufacturer Continuous Composites Inc. have been denied, and a seventh is set to be reviewed in November. That yet-to-be-resolved issue will occur ahead of a trial
Read More

Meet & Greet with Vera Water & Power's Jim Fields

~
February 16, 2023
Karina Elias
Jim Fields stepped into his new role as general manager and CEO of Spokane Valley-based Vera Water & Power on Jan. 1. Fields, 60, took over for Kevin Wells, who retired after 49 years with the utility.
Read More

Nic Nac Naturals nicotine lozenges hit market

Funded and operated by family, startup now sells products in c-stores, online
February 16, 2023
Virginia Thomas
Nic Nac Naturals LLC owner and co-founder Nicco Magnotto didn't use nicotine until about five years ago, but he says he believes potential benefits of the substance are so compelling that he established the Spokane-based startup to make and market a new
Read More

Key Tronic ramps up as customers leave China

Contract manufacturer hires 500 in Mexico, projects higher sales
February 16, 2023
Karina Elias
Key Tronic Corp. is on the receiving end of a tenfold increase in contract-bidding opportunities as many companies-prompted by production delays, rising costs, and tensions with China-are pulling business out of that country and bringing it back to
Read More

23 People of Influence in 2023

Journal recognizes Inland Northwest professionals making a profound impact
February 2, 2023
Staff Report

American Manufacturing Solutions moves operations to Spokane Valley

New space to save costs, energy, allow room for expansion
February 2, 2023
Erica Bullock
American Manufacturing Solutions LLC, of Spokane, has leased 50,000 square feet of industrial space in a multitenant building in Spokane Valley, where the company plans to move from smaller quarters in Spokane, says Luke Ankenman, partner and general
Read More

What's Happening With: former New Jersey Mining Co.

Idaho Strategic now eyes new direction in rare earth elements
February 2, 2023
Mike McLean
Idaho Strategic Resources Inc., the Coeur d'Alene-based mining company formerly known as New Jersey Mining Co., sees its future in rare earth elements, says John Swallow, company president and CEO. The company took on its new name in late 2021.
Read More

Fairchild Air Force Base aims to grow its externship program

More companies sought for temporary placements
January 19, 2023
Virginia Thomas
Fairchild Air Force Base is continuing its externships program with a second cohort next month. Capt. Sean Johnson, chief technology officer of the 92nd Air Refueling Wing at Fairchild, says the program currently is accepting up to 10 external partners
Read More
—Hotstart Inc.

Hotstart has hot start to 2023

Valley manufacturer acquires Florida company, hopes to hit $75M in sales
January 19, 2023
Erica Bullock
Spokane Valley-based manufacturer Hotstart Inc., which does business as Hotstart Thermal Management, is planning for a big year of development and growth following its recent acquisition of Tampa, Florida-based engine heating company
Read More
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