Articles by Richard Ripley

Lumber mill's saws run again in Springdale

Renovated facility employs 32; manufacturing plant, bioenergy projects planned
Richard Ripley
Springdale Lumber & BioEnergy LLC, which is launching one of four bioenergy demonstration projects selected by the state in January, has begun sawing custom timbers at a mill it has refurbished at Springdale, Wash., providing 32 jobs and setting of
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New Sterling disclosure touts big gains

Potential investors saw confidential projections of much-improved results
Richard Ripley
When Sterling Financial Corp. met with potential investors before wrapping up its $730 million recapitalization Aug. 26, the Spokane company provided them with nonpublic information, including projected net income many times higher than its the in
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Bullet makers to add jobs at Lewiston-area plants

Demand causes ATK to enlarge staff; expansion planned by Extreme Bullet
Richard Ripley
The owners of two Lewiston, Idaho, bullet-making operations plan to add significant numbers of workers, with one doing so this year and the other gradually through an expansion.The larger of the two, ATK, a Minneapolis-based company, says it to
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Dave Smith to build new showrooms, buys theater

Kellogg auto dealer enjoys strong sales, plans more hiring
Richard Ripley
Dave Smith Motors, of Kellogg, Idaho, says it's breaking ground on a new showroom and service department for its Chrysler vehicle lines this week and will follow that project up soon with a new showroom for its General Motors lines.The auto also
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UW, WSU seek funds for Riverpoint building

Joint effort encourages Spokane business leaders who want med school
Richard Ripley
The University of Washington has joined Washington State University in asking the state to appropriate funds to construct a 100,000-square-foot building on the Riverpoint Campus here that would house a proposed four-year medical school and the WSU
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Per capita income fell during 2009

Measurement of personal income per person off here for first time since 1969
Richard Ripley
Per capita personal income fell by 0.6 percent in the Spokane area in 2009, dropping on an annual basis for the first time in 40 years, says the Eastern Washington University-managed Community Indicators program.A study released recently by the
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—Staff photo by Richard Ripley

Casting company molds future

LA Aluminum enjoys sales growth, to erect building
Richard Ripley
HAYDEN LAKE, Idaho—LA Aluminum Casting Co., of Hayden Lake, Idaho, is riding a string of strong sales years that helped it glide through the recession and is expected to continue.The company, which casts specialty parts from aluminum its &
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NIC plans to offer two courses in health record systems

School will use $625,000 from stimulus fund grant focused on modernization
Richard Ripley
North Idaho College says it will offer this school year training in the adoption and implementation of electronic health record systems after having received a $625,000 federal grant to train health information-technology workers.The school says
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Farm Credit's net reaches $34.1 million

Co-op's earnings double through first six months of 2010, to $75 million
Richard Ripley
Northwest Farm Credit Services has reported second-quarter net income of $34.1 million, up sharply from $18.5 million in the second quarter of 2009.Through the first six months of this year, the Spokane-based, federally-chartered ag-lending net
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IIB reports $1.5 million quarterly loss

Total loans fall 24 percent to $333 million in year; deposits, assets also slide
Richard Ripley
Idaho Independent Bank, of Coeur d'Alene, has reported a second-quarter net loss of $1.5 million, or 23 cents a share, compared with a net loss of $195,000, or 3 cents a share, in the year-earlier quarter.For the six months ended June 30, the it
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