Spokane Journal of Business

Local News

Ponderay Newsprint might get new operator

Ponderay Newsprint Co., which owns the big paper mill at Usk, Wash., about 60 miles north of Spokane, could have a new managing partner by this summer.Avenor Inc., the Montreal-based current managing partner and 40 percent owner of the plant, a...

Sales-tax hike could fund light-rail line

A modest boost in the local sales-tax rate could raise enough money to pay the local share of a $300 million light-rail system here, but Spokane-area voters would have to approve the tax hike, an official here says.The U.S. House of included of...

Spokane office market firms up

The Spokane-area office market is strengthening, due to continuing business expansions here and the arrival of some new companies, analysts say.Recently released results of an office market survey conducted earlier this year by Kiemle & Hagood a...

Jobs added here at a fast clip

Employment in the Spokane area rose 4 percent in 1997the biggest year-to-year gain in jobs in the 1990s, according to the latest full-year figures from the state of Washington.Last year, the number of people employed in the Spokane area rose...

Trustee to sell Layrite site on Trent

Layrite Products Co., the longtime Spokane block maker that shut its doors last year, allegedly is in default on four major loans, and property on Trent Avenue where its plant operated for decades is slated to be sold in a trustees sale to the on...

Health-care chain buys three Med Centers here

So far this year, HealthSouth Corp., a Birmingham, Ala.-based health-care provider that owns 12 physical therapy clinics and a surgery center here, has added to its growing empire three Spokane urgent-care clinics and a Post Falls physical therapy...

Motel to anchor big project on West Plains

A Spokane company says it plans to develop a $7 million to $8 million complex near the Interstate 90-Cheney-Four Lakes interchange that is to include a motel, possibly two restaurants, a convenience store-gas station, and a car dealership.The is...

Investors unveil plans for big medical complex

Investors say a new medical complex they plan to develop at Liberty Lake will offer everything from urgent care, X-ray, and specialty services, to dentistry and physical and occupational therapy. It even will include an Ultrafit wellness center a a...

Defaults here still climbing

The number of foreclosures in Spokane County more than doubled in 1997 for the second straight year, according to county auditors figures. However, a slower rate of increase through the first quarter of this year suggests that the recent upward a...

Airport projects set to take off

The Spokane Airport Board expects work to begin this year on an estimated $75 million in new and previously planned construction projects at both Spokane International Airport and the nearby Spokane International Airport Business Park.John who a...

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