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Home » Authors » Kim Crompton

Articles by Kim Crompton

Fessco Fleet & Marine leases old Alloy Trailers site on West Plains

Fessco Fleet & Marine will relocate there from space on East Broadway
March 15, 2012
Kim Crompton
The mostly vacant West Plains complex where Alloy Trailers Inc. and later Reliance Trailer Co. LLC operated for many years is about to see some new life.Marc Fessler, owner of Fessco Fleet & Marine Inc., at 4101 E. Broadway, says he has leased a
Read More
—Staff photo by Kim Crompton

Former Boeing lean manufacturing expert brings efficiencies to WorkSource Spokane

Former Boeing engineer John Dickson puts stamp on WorkSource Spokane
March 15, 2012
Kim Crompton
Impatient to help match jobless clients with employers, former Boeing Co. engineer John Dickson is applying "lean" process-improvement skills he learned in the private sector to a Washington state employment agency office here that he now is area
Read More

Inland Power & Light boosts its net margins

Inland Power & Light expects modest, steady growth to continue
March 1, 2012
Kim Crompton
Inland Power & Light Co., the Spokane-based electric cooperative, posted net margins of more than $5.8 million last year, up sharply from $3.6 million in 2010, but it says part of that gain was due to a one-time benefit."Bonneville (Power the us
Read More

Inland Power & Light boosts its net margins

Inland Power & Light expects modest, steady growth to continue
March 1, 2012
Kim Crompton
Inland Power & Light Co., the Spokane-based electric cooperative, posted net margins of more than $5.8 million last year, up sharply from $3.6 million in 2010, but it says part of that gain was due to a one-time benefit."Bonneville (Power the us
Read More

Washington Trust Bank report jump in net income

Its $16.2 million profit last year nearly doubled prior year's net income
February 16, 2012
Kim Crompton
Washington Trust Bank, of Spokane, has reported net income of about $16.2 million for last year, up substantially from earnings of $9.1 million in 2010 and $3 million 2009.Jack Heath, the bank's chairman and chief operating officer, says, "I was
Read More
—Staff photo by Linn Parish

FDIC sells stake in company holding Colfax bank's loans

$13.6 million transaction gives Kansas-based entity 25 percent interest in LLC
February 2, 2012
Kim Crompton
The Federal Deposit Insurance Corp. says it has sold a 25 percent initial equity stake in a limited liability company it formed in its receivership capacity to hold certain loans of the failed Bank of Whitman, in Colfax, Wash.The 62 loans the to
Read More

Farm Credit refund hits new record

Coop's stockholders get patronage checks totaling $53 million
February 2, 2012
Kim Crompton
Northwest Farm Credit Services, the big Spokane-based ag-lending cooperative, says it's sending out to its stockholders patronage refund checks totaling $53 million.FDS Board Chairman Kevin Riel said in a press release that this year's refund is
Read More

Metropolitan Mortgage, Summit trusts make fourth payment

Combined distributions since entities were formed now exceeds $112 million
January 19, 2012
Kim Crompton
Trusts established to try to recoup some of the huge amount of money that investors had tied up in Metropolitan Mortgage & Securities Co. and Summit Securities Inc. before those affiliated companies here shut down eight years ago have made a fourth
Read More

Lumber market to remain sluggish

December 15, 2011
Kim Crompton
The wood products industry shows little sign yet of emerging from the protracted slump it has endured, although it could see slight improvement next year.Spokane-based Potlatch Corp., which has about 1.5 million acres of timberland and also has
Read More

Tepid gains appear likely to remain

Most industry sectors foresee little change from this year's pace
December 15, 2011
Kim Crompton
Scattered examples that some industry sectors here are beginning to climb from the depths of this lengthy economic downturn aren't numerous or noteworthy enough to suggest that next year will be markedly stronger than this one has been.In fact,
Read More
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