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Home » Authors » Marlene Mehlhaff

Articles by Marlene Mehlhaff

Ambassadors nets $71 million

Spokane travel company, with $26.5 million in sales, sells stock to fund fast growth
February 26, 1997
Marlene Mehlhaff
Ambassadors International Inc., of Spokane, has completed a major public offering that has netted the company about $71 million, says Jeffrey Thomas, the companys chief financial officer.The big travel and events coordinator, which had $26.5 a
Read More

Deposits here decline; as investors buy stocks

Still, credit unions and thrifts, in Spokane County pick up market share
February 26, 1997
Marlene Mehlhaff
Total deposits in financial institutions in Spokane County dropped 2.8 percent in the year ended June 30, 1997, newly released figures show, but the decrease probably doesnt reflect on Spokanes economic climate, says a Spokane bank in the as of
Read More

Deposits here decline;as investors buy stocks

Still, credit unions and thrifts, in Spokane County pick up market share
February 26, 1997
Marlene Mehlhaff
Total deposits in financial institutions in Spokane County dropped 2.8 percent in the year ended June 30, 1997, newly released figures show, but the decrease probably doesnt reflect on Spokanes economic climate, says a Spokane bank in the as of
Read More

SIRTI to be separate agency

Change slated to take effect on July 1, should boost profile, bring more funds
February 26, 1997
Marlene Mehlhaff
The Spokane Intercollegiate Research and Technology Institute (SIRTI) will embark on a new life starting July 1, when it becomes a separate state agency.The move is expected to boost the institutes profile, allow it to garner more money from a
Read More

Wash. Trust parent posts record profit

WTB Financial reports assets, deposits, loans all grew at least 6.5 percent
February 26, 1997
Marlene Mehlhaff
Spokane-based WTB Financial Corp. posted record net income of $15.6 million for 1997, up 6.9 percent from 1996.The financial services holding company, the parent of Washington Trust Bank, of Spokane, also reported solid gains in assets, loans, a
Read More

Sales-tax hike could fund light-rail line

Official says local portion of $300 million project is easier to find than it seems
February 26, 1997
Marlene Mehlhaff
A modest boost in the local sales-tax rate could raise enough money to pay the local share of a $300 million light-rail system here, but Spokane-area voters would have to approve the tax hike, an official here says.The U.S. House of included of
Read More

Jobs added here at a fast clip

Employment growth in 1997 was largest so far this decade
February 26, 1997
Marlene Mehlhaff
Employment in the Spokane area rose 4 percent in 1997the biggest year-to-year gain in jobs in the 1990s, according to the latest full-year figures from the state of Washington.Last year, the number of people employed in the Spokane area rose
Read More

Trustee to sell Layrite site on Trent

Longtime block maker here that closed last year said to be in default on four loans
February 26, 1997
Marlene Mehlhaff
Layrite Products Co., the longtime Spokane block maker that shut its doors last year, allegedly is in default on four major loans, and property on Trent Avenue where its plant operated for decades is slated to be sold in a trustees sale to the on
Read More

Health care here faces surgery

Medicare, Medicaid cuts from 1998 through 2002 to total $172.5 million
February 26, 1997
Marlene Mehlhaff
Health care in Spokane is about to go under the federal budget-balancing knife.Medicare and Medicaid spending in the county will be slashed by $172.5 million from 1998 through 2002 as a result of the 1998 Congressional Budget Resolution and says
Read More

Will Egghead leave Spokane for Portland?

Investor relations firm gives conflicting replies
February 26, 1997
Marlene Mehlhaff
Egghead.com Inc.s investor relations firm, Seattle-based Rockey Co., has released conflicting statements in recent days about whether Egghead.com might move its headquarters office from Spokane to Portland.Erica Perez, an Egghead spokeswoman a
Read More
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