Spokane Journal of Business

Local News

Room-tax revenues grow here

Room-tax revenues in the city of Spokane and Spokane County grew 11 percent and 16 percent, respectively, during the first quarter, providing an indicator of growth in hotel business here, says Mina Gokee, director of sales at the Spokane Area and...

Idaho Trust Co. to offer its services nationwide

Idaho Trust Co., a Coeur dAlene-based investment-management company, has formed a nationally-chartered bank, called Wealthbank N.A., so that it can offer its estate-planning and trust services across the country, says company President Thomas new...

AT&T unit will move downtown

AT&T Media Services, the advertising sales and production arm of AT&T Cable Services, plans to move its offices to downtown Spokane from the cable companys main facility here at 1717 E. Buckeye in East Spokane.The media-services unit, which 18...

North Side mall readies for proposed big tenant

P.OB. Montgomery & Co., a Dallas-based real estate company that owns Franklin Park Mall here, has started an interior demolition in part of the North Side retail center to make room for an unnamed big national retailer.Lance Taylor, a partner...

Metropolitan Mortgage reports jump in earnings

Metropolitan Mortgage & Securities Co., the big Spokane-based financial-services company, has reported record net income of $16.3 million for its most recent fiscal year, an increase of nearly 60 percent over the previous year.The company also a...

Where the pregnant pause

Martha Cummings is a mother, at heart and practiceand also by occupation.The fair-haired, rosy-cheeked grandmother of 10soon to be 11has spent the last 17 years nurturing her venerable downtown Spokane specialty store through its ups and a...

LineSoft to add over 200 people

LineSoft Corp., a Spokane-based maker of software for power-line planning and design, plans to hire more than 200 workers in the next 18 months, accelerating an already aggressive growth clip that has exceeded company projections, says Linda of and...

WestCoast Hospitality to package its offerings

WestCoast Hospitality Corp., of Spokane, soon will launch a new version of its Internet ticketing site that will allow customers to book hotel rooms, event tickets, and entertainment packages on line, all at once.The site, www.ticketswest.com, a...

SIRTI exec Lyle Anderson to resign this summer

Lyle Anderson, executive director of the Spokane Intercollegiate Research & Technology Institute, has announced to SIRTIs board that he intends to resign this summer.Andersons contract expires at the end of next month, but at the request of...

Electromart to shut doors after 55 years

Electromart Factory Direct Inc., a longtime Spokane computer and appliance dealer plans to close at the end of the month, after 55 years in business here.Tightening margins on computer sales, competition from computer manufacturers that sell to...

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