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Manufacturing

Tractor Beverage raises $18.5 million in VC capital

North Idaho company distributes organic drinks exclusively to restaurants
May 7, 2020
Virginia Thomas
A specialty soda company based in Dalton Gardens has raised $18.5 million in venture capital funding. According to proprietary market data software subscription platform PitchBook, Tractor Beverages Inc. raised the funding as a combination of equity
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Vestis Systems shifts focus to making clear barriers

Small manufacturer aims to bring back employees
April 23, 2020
Natasha Nellis
Spokane-based custom awnings, sunshades, and canopy maker Vestis Systems Inc. has shifted its manufacturing operations to make and install clear vinyl barriers for businesses.
Read More

Clearwater Paper is lone bright spot in first quarter market report

Toilet paper demand fuels manufacturer as others lose value
April 23, 2020
Kevin Blocker
Fueled by nationwide consumer demand in toilet paper, Spokane-based Clearwater Paper Corp. was the lone publicly traded company in the region to experience an increase in market capitalization in the first quarter of 2020, according to an analysis by Hart
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Xcraft raises $1.1M though crowdfunding effort

Drone manufacturer adds  more than 2K investors 
April 9, 2020
Virginia Thomas
XCraft Enterprises Inc., the Coeur d'Alene-based drone manufacturer, raised $1.1 million in angel funding in a campaign that closed early last month through the StartEngine crowdfunding platform. 
Read More
Clearwater Paper Corp.

Silver linings emerge amid coronavirus storm

Some companies report sales growth, while others adapt
April 9, 2020
Kevin Blocker
Shannon Myers never thought she'd be talking about toilet paper so much, even though she's the spokeswoman for a company that makes it. Though Spokane-based Clearwater Paper Corp. doesn't have hard revenue figures yet for the first quarter of 2020
Read More
Mullen Technologies Inc.

Mullen Technologies agreement on West Plains expires

PDA remains optimistic that electric sports car maker will build plant here
April 9, 2020
Natasha Nellis
The letter of intent signed by Brea, California-based Mullen Technologies Inc. committing to take land for an envisioned electric sports car manufacturing plant expired March 31, leaving the young company's future in the region somewhat uncertain.
Read More
Natasha Nellis

First part of Exotic Metals expansion takes shape

Manufacturing company to complete first of two new buildings this fall
March 26, 2020
Natasha Nellis
Kent, Washington-based Exotic Metals Forming Co.'s two-phase expansion project at its West Plains facility is well underway, with walls in place on the first phase at 12933 W. McFarlane Road. The manufacturing company is building two new warehouse
Read More

Bankruptcy court approves Tamarack Aerospace's reorganization plan

Company starts to emerge from Chapter 11 protection
March 26, 2020
Natasha Nellis
The U.S. District Court for Eastern Washington has confirmed the plan for reorganization filed by Sandpoint-based Tamarack Aerospace Group Inc., allowing the company to start to emerge from its voluntary bankruptcy.
Read More
Kevin Blocker

2020 Icons: Pam Senske

Daughter of founder modernized company, helped shape culture
March 26, 2020
Kevin Blocker
Though founded by a man in the predominantly male world of manufacturing, West Plains packaging equipment manufacturer Pearson Packaging Systems has a long history of being run by women. And arguably, none played a more influential role than Pam Senske
Read More

Vaccine, drug manufacturing startup secures angel funding

Selkirk Pharma raises $9M, eyes first plant
March 26, 2020
Virginia Thomas
Spokane-based injectable-drug manufacturing and packaging startup Selkirk Pharma Inc. has raised $9 million in new angel funding. Meanwhile, the company is considering how the current coronavirus pandemic could affect the construction time line
Read More
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