Spokane Journal of Business

Local News

Rating the terabyte triangle

Spokane is touted by economic cheerleaders here as one of the most wired cities in the U.S. for its size, but whether that has translated into increased recruitment of information-technology companies and quality jobs in the citys core is to of a...

Worthy readies garage project

Spokane developer Walt Worthy, who is rehabilitating the Davenport Hotel, says he hopes to begin erecting a seven-story parking garage just southeast of the downtown landmark in September and to complete it by the end of the year.He says hed a...

3M expands operation here

3M, the huge international company that acquired Spokane-based American Electronic Sign Co. late last year and renamed it 3M Dynamic Message Systems, isnt wasting any time in making its presence felt here.The Spokane business unit, now as a of...

Tech concern eyes Spokane

A Clarkston, Wash.-based developer of cooling systems for electronic components says it expects as early as 2003 to move its headquarters to Spokane and open a manufacturing plant here, both of which would employ 300 to 400 people.The company, a...

Cheney not content with serene

CHENEYIf community leaders here get their way, Spokane Countys second-largest city will be known as much more than a sleepy college town.The city of Cheney is seeking grants to develop an industrial park, has set in motion about $5.5 million...

Meineke stores here bought by new company

Spokanes three Meineke Discount Mufflers stores have been bought by a new company thats affiliated with a big Meineke franchisee in Portland, Ore.The Spokane-based company, SRD Inc., also has a license to open a fourth Meineke store in the a...

Retail sales took jump last year

Taxable retail sales in Spokane County rose a healthy 6.7 percent last year to $5.6 billion, outpacing gains in 1999, when they rose 6.3 percent to $5.2 billion.Within the city of Spokane, taxable sales climbed 6.1 percent last year to $3.2 also...

Big apartment complex appears to be coming

A large, long-proposed apartment complex on Spokanes North Side, to be named Prairie Hills at Grayhawk, appears to be moving forward.The city of Spokane has issued building permits for seven of 10 apartment buildings planned in the first phase...

Metropolitan Mortgage posts $14.1 million loss

Metropolitan Mortgage & Securities Co., of Spokane, has reported a net loss of about $14.1 million for its second fiscal quarter ended March 31, down sharply from net income of about $455,000 for the year-earlier period. The loss was on revenues of...

Aquatics center eyed for Valley

Spokane Regional Aquatics Center Inc., a new nonprofit corporation here, hopes to develop a $12 million-to-$15 million indoor swimming facility in the Spokane Valley.Jeff Eickerman, president of Spokane Regional Aquatics, says preliminary design...

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