Spokane Valley-based foundry Spokane Industries LLC has filed for Chapter 11 bankruptcy protection, citing equipment failures, rising material costs, a structural facility collapse, and more than $1 million in employee embezzlement as factors that strained the company’s finances, according to court records filed in the U.S. Bankruptcy Court for the Eastern District of Washington.
Over the last month, four men who made lasting impacts on Spokane’s culture, business landscape, and community have died: Gordon Budke, Larry Brown, Frank Bouten, and Steve Strom.
Spokane organizations are preparing to potentially host a national soccer team and large public fan events tied to the 2026 FIFA World Cup, offering businesses the opportunity to benefit from one of the world’s largest sporting events despite the absence of tournament matches in the city.
Construction of Excelsior Wellness’ 25-unit intergenerational apartment complex is underway on Northwest Boulevard and expected to be completed this fall.
PotlatchDeltic Corp.'s merger with Wildlight, Florida-based Rayonier Inc. (NYSE: RYN) has closed, the combined company announced Jan. 30 in a press release.
Cinema Quattro, a four-screen boutique theater in Liberty Lake’s River District, is under construction and expected to open by fall 2026, says founder and creative director Jeremy Whittington.
Selkirk Sport LLC, a North Idaho manufacturer of pickleball paddles and accessories, has received a $30 million investment from Bluestone Equity Partners, intended to transform Selkirk from a domestic pickleball leader into a global sports brand, says co-founder and co-CEO Mike Barnes.
Last April, Maddie’s Place President and CEO Shaun Cross was worried the Spokane-based neonatal transitional care facility might not secure $2 million from the Washington State Legislature to continue operating. To help prevent a potential closure, the organization launched a social media campaign. The campaign not only helped raise additional funds but sparked national interest, with groups in more than 30 states now exploring how to bring a Maddie’s Place-style facility to their communities.
With a waiting list of over 150 prospective residents, Riverview Retirement Community is meeting demand for senior housing and increasing its expansion project to include a 31-unit luxury condominium complex dubbed The Crest.
Startup companies pitching to the Spokane Angel Alliance raised significantly more capital in 2025 than they did the prior year, says Tom Simpson, president of the alliance and CEO of business accelerator Ignite Northwest.