Spokane Journal of Business

Local News

Development process improves

Though the regulatory maze remains tortuous for some, developing property in the Spokane area appears to be getting easier, industry and government officials say.That may be most evident in comments by developers, contrasted by time.Its a...

Avista: ‘Enron used us’

After first claiming that it had no record of involvement in suspect power-trading schemes, Avista Corp. has told the U.S. government that it was used by Enron Corp. in the Death Star power-trading strategy in April, May, and June made the...

Investors plan loft condos downtown

A small group of Spokane investors is buying an older, four-story building downtown and plans to redevelop it into about a dozen loft condominiums.Steve Thosath, one of the investors, says the group expects to close shortly on the purchase of at...

South Hill retail outlet planned

LOI Distributing Inc., a Lakewood, Wash.-based discount retailer that operates the Dollar Store chain, plans to open its third store here and is looking into eventually opening three more outlets in the Spokane-Coeur dAlene area.Bill LOI vice...

Former Avista executive starts training venture

A former Avista Communications executive has launched a Post Falls company that provides training in telecommunications technologies. The company, Northlight Institute of Technology Inc., was founded by Terry Jett, who previously was vice of for...

Hecla hopes to get rid of $8 million dividend

Hecla Mining Co., of Coeur dAlene, would cut its annual obligations by $8 million if it succeeds in persuading holders of its Series B cumulative convertible preferred stock to exchange their shares for common stock.Hecla announced June 13 it...

FirstBank plans loan office here

FirstBank Northwest Corp., a Lewiston-based bank that opened a branch office in Liberty Lake in 1999, plans to open a commercial-loan center near downtown Spokane this summer.FirstBank plans to open the center at the beginning of August, and or...

Truckers give Referendum 51 mixed reviews

Referendum 51, the Washington state transportation-improvement package that will be on the November ballot, is getting a mixed review from the Spokane-area trucking industry.The referendum would impact the trucking industry by increasing gross...

U.S. Customs has changed greatly here, post-Sept. 11

The job of a U.S. Customs Service inspector has changed a great deal since Sept. 11, 2001. Perhaps most notably, inspectors are busier, says Mike Marshall, port director at the U.S. Customs office here. Were doing a lot more inspections...

Incident responders smooth I-90 traffic

If you drive the Spokane-area stretch of Interstate 90 on your way to work, chances are youve passed by Ernie Sims.If so, hes already at work. His job is to ensure that nothing slows you down as you traverse the metropolitan area along more...

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