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North Idaho

Hecla reports loss

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February 19, 2014
Staff Report
Hecla Mining Co., of Coeur d'Alene, reported today a fourth-quarter net loss of $3 million, or 1 cent a diluted share, compared with net income of $605,000 in the year-earlier period. For all of 2013, the company posted a net loss of $25.7 million, o
Read More

Inland Northwest commodity markets expected to be mostly profitable

However, wheat growers are said likely to struggle
January 30, 2014
Treva Lind
Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, says commodity markets appear generally strong this year for most agricultural producers, but wheat producers will face challenges turning a profit due to lower grain pric
Read More
—Mike McLean

More apartments to rise at Riverstone

Two complexes will have 152 units, $13 million total value
January 16, 2014
Mike McLean
Hayden developer Whitewater Creek Inc. has obtained permits to build two apartment complexes, with 152 living units combined and a total construction valuation of $13 million, in the Riverstone mixed-use community in northwest Coeur d'Alene, city record
Read More

Bankruptcies in Eastern Washington, North Idaho fall for third straight year

Spokane, Cd'A attorneys expect trend to continue
January 16, 2014
Katie Ross
Bankruptcy filings fell again in Eastern Washington and North Idaho last year, marking the third year in a row that they've declined. The U.S. Bankruptcy Court's Eastern District of Washington reported 5,057 cases filed in 2013, down 7 percent from
Read More
—Staff photo by Mike McLean

Health care, manufacturing lead North Idaho rebound

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December 19, 2013
Mike McLean
Health care, manufacturing, tourism, and real estate are among current growth industries in Kootenai County that are expected to continue to improve in the new year, sources in North Idaho say. Alivia Metts, Post Falls-based regional labor economist for
Read More
—Staff photo by Treva Lind

Inland Northwest timber industry expects steady recovery in coming year

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December 19, 2013
Treva Lind
The wood products sector is expecting continued, steady improvement next year, largely due to anticipated ongoing recovery in the U.S. housing market, industry observers say. Shawn Church, editor of Eugene, Ore.-based Random Lengths, a publication that t
Read More
—Staff photo by Mike McLean

Spokane-area builders optimistic about sustained growth

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December 19, 2013
Mike McLean
Following an upswing in building activity here in 2013, some construction industry observers are optimistic that forward momentum will carry through the coming year. Jan Quintrall, director of business and development services for the city of Spokane, sa
Read More

Inland Northwest economy continues to make positive strides

While some industries face challenges, others report return to prerecession levels
December 19, 2013
Linn Parish
In some sectors of the Inland Northwest economy, activity levels are returning to prerecession levels, welcome news that comes none too soon for economic observers. In overall employment, Spokane-area economists are expecting job growth next year, though
Read More
—Rendering courtesy of Eixenberger Architect

Coeur d'Alene wealth management company is in growth mode

Pinkerton acquires two financial adviser firms, plans new office building
December 19, 2013
Mike McLean
Pinkerton Retirement Specialists LLC, a growing Coeur d'Alene-based wealth-management company, has acquired two other financial adviser offices and plans to construct a new building in the Riverstone development that will have three times the office spa
Read More

Coeur d'Alene-based stock brokerage Pennaluna launches new investing site

Cd'A company's online tool intended to connect funders, companies seeking capital
December 5, 2013
Treva Lind
Pennaluna & Co., a Coeur d'Alene-based stock brokerage, has opened a division named PennStarter, which launched a website last month as an online equity funding portal enabling people to invest mainly in startup companies. Pennaluna, which is located at
Read More
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