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Home » Authors » David Cole

Articles by David Cole

eBay-trading couple files in Bankruptcy Court

Netzels' filing lists nearly $3 million in debts, with business lawsuit
March 26, 2009
David Cole
Joseph R. and Jennifer L. Netzel, a Spokane couple who operate a business here that buys and sells items over the eBay Web site, have filed for Chapter 7 liquidation in U.S. Bankruptcy Court here.Their filing documents list assets of $734,000 of
Read More

Reservoir slated for Five Mile

New $2 million tank to provide more pressure
March 26, 2009
David Cole
The city of Spokane plans to construct a 1.1 million-gallon 134-foot-high water reservoir on Five Mile Prairie in a project it expects will boost water pressure to customers on the north end of that prairie.The city is accepting bids until March
Read More

Co-op gets $52 million in financing

Kootenai Electric to use federal loan to upgrade, expand its infrastructure
March 26, 2009
David Cole
Kootenai Electric Cooperative Inc., a member-owned rural electric utility that serves mostly North Idaho residents, has been approved by the federal government to receive a $51.7 million multiyear loan, which it says it plans to spend mostly on and
Read More
—Rendering courtesy of Coeur d'Alene architects Rann Haight and Roy Marshall

2009 to bring modest health-care construction, but more to come

First piece of Sacred Heart's big capital program to start; North Idaho work continues
March 12, 2009
David Cole
Only a smattering of larger health-care-related construction projects are under way or planned to start this year in the Spokane-Coeur d'Alene market, but a major capital plan that's expected to begin at Spokane's largest hospital portends much at
Read More

Stimulus bill's tax tools can boost businesses

Higher Section 179 limit extended for 2009, loss carry-back rule enhanced
March 12, 2009
David Cole
l economic stimulus bill has extended provisions that make it more attractive for businesses to buy new equipment and also has broadened a tax tool that allows businesses to apply losses in the current year to earlier years.Among other tax the of
Read More

Albertsons stores being remodeled

Spokane Valley outlet, and South Hill location to get $4 million in work
March 12, 2009
David Cole
Remodels are currently under way at two Albertsons Inc. grocery stores here—one on the South Hill and one in Spokane Valley.The 56,000-square-foot store that's being remodeled in Spokane Valley, at 13606 E. 32nd, will have a Starbucks Corp.
Read More
Staff photo by David Cole

Retail sector here battered by recession

Closures, layoffs, price cuts have become industry norm
March 12, 2009
David Cole
With few exceptions, the news in the retail sector here these days ranges from bad to awful.Major national retailers are closing their doors, others are filing for protection from creditors, and most are slashing prices to try to attract "It's
Read More
—Staff photo by David Cole

Growth by diversifying

Wilbert Precast, once known for burial vaults, now makes a host of concrete products
February 26, 2009
David Cole
Wilbert Precast Inc., a longtime Spokane-based manufacturer of concrete products, says it's holding its own amidst a tough economy because it has been quick to expand its offerings as opportunities arise, giving it a diverse product line upon which
Read More

Equipment leasing demand grows, as do credit concerns

Enterprising Capital sees applications triple; others say reasons to lease remain
February 26, 2009
David Cole
Demand from businesses that are interested in leasing equipment has been growing briskly in recent months, as borrowers seek alternatives to the battered loan market, but credit standards for leasing also are tightening, those in the industry of in
Read More

Blockbuster to close one store here

February 26, 2009
David Cole
Blockbuster Inc., the Dallas-based video-rental chain, says it plans to close a store on Spokane's North Side after failing to reach an agreement on a new lease with its landlord there.Randy Hargrove, the company's Dallas-based spokesman, says a
Read More
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