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Manufacturing

Hemmingson's Triumph: Lakeside Capital buys Triumph Composite plant

Group plans to convert 50-acre West Plains site into manufacturing hub
July 15, 2021
Kevin Blocker
Wanting to generate long-term, high-paying manufacturing jobs in the Inland Northwest, a company led by veteran businessman and philanthropist John J. Hemmingson has acquired Triumph Composite Systems Inc.'s nearly 50-acre parcel of land and
Read More

Jubilant HollisterStier broadens its expansion plans in East Spokane

Pharmaceutical company to double capacity by 2024
June 17, 2021
Natasha Nellis
Jubilant HollisterStier plans to invest $92 million to expand its existing facilities in North Spokane and double its capacity, broadening the scope of an expansion the company first disclosed late last year.
Read More

Spokane manufacturers expect long lead times into 2022

Supply issues coupled with steady demand contribute to backlogs
June 17, 2021
Virginia Thomas
Some manufacturers here say that demand for their products remains high, but they expect to experience ripple effects of the COVID-19 pandemic into 2022.
Read More

Gold Reserve cuts executives' pay for $1 million-plus savings

Cost cuts to be spread over three-year period
June 3, 2021
Kevin Blocker
The president of Gold Reserve Inc. and two other executives have taken voluntary salary cuts even though the company is debt free and has $60 million in working capital.
Read More

Motor maker Infinitum Electric looks to expand into Spokane

Company raises $40M in funding to ramp up its technology development
June 3, 2021
Natasha Nellis
A Texas-based developer of an air-core motor is planning to expand research and development operations to Spokane this year. Infinitum Electric develops lightweight, high-performance electric motors for use in commercial and industrial products and plans
Read More
NORTHWEST OFFSET PRINTING

Northwest Offset plans to expand in changing market

Presses at new Valley site increase versatility
May 20, 2021
Craig Howard
When CBS Sports was looking for an opening to its preview of the NCAA Men's Basketball Championship between Gonzaga University and Baylor last month, Northwest Offset Printing got the call.
Read More
Continuous Composites Inc.

Continuous Composites commercializes its 3D technology

Manufacturer inks joint development agreement with French conglomerate
May 20, 2021
Natasha Nellis
A Coeur d'Alene-based 3D manufacturing company is preparing to commercialize its technology with a new international partnership. The company, Continuous Composites Inc., is 'laser focused” on the commercialization of its technology
Read More
Kevin Blocker

MacKay starts to manufacture a workforce

MacKay to develop homegrown talent in light of nationwide labor challenges
May 20, 2021
Kevin Blocker
Coming off a record revenue year in 2020, Spokane Valley-based MacKay Manufacturing Inc. in March started its own in-house education program the company's leadership team hopes will ensure future growth for years to come.
Read More

Hecla Mining reaps benefits of surging silver market

In big boom, company fights for regulatory nod on two Montana properties
May 20, 2021
Kevin Blocker
Hecla Mining Co., the largest silver producer in the U.S., finds itself in a strong position and an ironic one at the same time. On one hand, the 130-year-old Coeur d'Alene-based company is benefitting from a strong precious-metals market that some
Read More
KEVIN BLOCKER

All That And A Lack of Chips

Global supply disruptions wreak havoc on local semiconductor availability
May 6, 2021
Kevin Blocker
Tate Technology Inc. President Scott Tate doesn't consider himself to be an alarmist by any stretch. But for a number of months, the head of the Spokane Valley-based contract manufacturing company has been issuing warnings to his customers
Read More
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