Spokane Journal of Business

Local News

Company still pursuing big strawboard plant

A company that hopes to build a strawboard plant on the Palouse has leased nearly 350 acres in LaCrosse, Wash., and is pursuing building permits for the project.The company, Columbia Ag Fiber Inc., chose LaCrosse for its plant site because of a...

Morris: State erred badly by not boosting economy

Washington state let its economic-development programs slide when times were fat in the Puget Sound area, and the states economy is suffering today as a result, contends Scott Morris, president of Avista Utilities here. Morris, one of two on...

Wash. Trust posts record net income

Spokane-based Washington Trust Bank has posted record net income for 2002, and crested $2 billion in assets by year-end. In its annual report, the bank reports 2002 net income of $24 million, up 11.7 percent from $21.5 million the previous That...

Seattle parts distributor buys Interstate Parts

Six Robblees Inc., a Seattle-based distributor of heavy-duty truck and trailer parts that operates a Spokane branch, has bought the assets of Interstate Parts & Equipment, a longtime Spokane company, and plans to construct a new building here to...

Spoval Fiber Optics sold; plant being idled

A Massachusetts company has bought certain assets of Spoval Fiber Optics Inc., a Spokane maker of fiber-optic distribution panels, resulting in the elimination of 20 jobs here and the closure of Spovals plant, which is being shuttered now. Spoval...

Spokane, Cd’A banks report record profits

Almost every Spokane- and Coeur dAlene-based bank has reported record profits for 2002, the second year in a row in which banks in this area have produced glittering returns.The banks say they were helped by prevailing low interest rates rate...

Art center planned downtown

An investor group plans to transform eight buildings in the west 1000 block of First Avenue downtown into a creative center and business incubator for arts-related entrepreneurs.The group, known as Odd Girls LLC, of Spokane, has bought the over...

Downtown gets a (night)life

In the basement of the old Display House building in downtown Spokane, Chris Lewis gropes around in the dark, struggling to find a light switch to illuminate what soon will be the home of his new jazz bar, the Bluelight Underground.After and a...

Kaiser’s cleanups tallied

Environmental cleanup costs at Kaiser Aluminum Corp.s Trentwood rolling mill and shuttered Mead smelter will cost roughly $68 million, according to estimates from the Washington state Department of Ecology.Those estimates were disclosed in a...

Shriners docs study method to ease pain

Anesthesiologists at Shriners Hospital for Children-Spokane are studying a pain-control technique developed there, that they say reduces discomfort and recovery time for children after foot surgery.The technique, developed by Dr. Roberto the of...

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