Spokane Journal of Business

Local News

Telect sustains breathless roll

Liberty Lake-based Telect Inc., the telecommunications-equipment manufacturer thats seemingly always in a growth spurt, has opened a plant in Brazil, is spending millions to expand at its campus here, and is hiring hundreds of workers to handle a...

Foley sees potential for more NW trade with Japan

Japan remains a place of opportunity for businesses in Spokane and Washington state, despite being entrenched in the worst recession in its history and having a lingering reputation for resisting imports, says Thomas Foley, U.S. ambassador to Japan...

Metropolitan lends aid to Davenport

Companies affiliated with Metropolitan Mortgage & Securities Co., of Spokane, have quietly loaned the owner of the Davenport Hotel property downtown more than $1.5 million over the last 18 months, Spokane County records show.The affiliate Inc. &...

Brewster heads up tower plan

Spokane developer Rob Brewster Jr. is leading a group of investors who are seeking tenants for a proposed 25-story, $35 million-to-$40 million office tower at the corner of Riverside Avenue and Howard Street in downtown Spokane.Two other groups...

Sacred Heart offers to buy Fifth & Browne

Sacred Heart Medical Center has made an offer to buy the Fifth & Browne Medical Center, a busy 66,000-square-foot complex at 104 W. Fifth at the base of the South Hill.We made the offer because of the location, says Sacred Heart spokeswoman...

Making medallions from scratch

A tiny Spokane Valley company is providing a unique product to the automotive worldcustom grill and truck medallions and data plates for antique (and sometimes not so antique) vehicles.Owner Jerry Turner says he knows of no other source for as...

Rahco hit hard, but optimistic

Pounded by depressed metals prices and the Asian contagion, Spokane industrial manufacturer Rahco International Inc. has suffered substantial hits to both its revenues and employment level in the past 18 months. Down but not out, the longtime in...

Another big subdivision proposed for Five Mile

The Five Mile Corp., of Spokane, has proposed developing a 287-lot subdivision, to be called Falcon Ridge, on almost 122 acres located on Five Mile Prairie, where neighbors have contested several recent subdivision proposals.The proposed would a...

Indoor soccer facility planned for Spokane

Willi Aigner, a Portland, Ore., man who owns an indoor soccer facility there, plans to open a similar facility in the Spokane Valley by fall, says Brian Dreves, who will manage the soccer center here.The facility, which will be called the Soccer...

Itron to build new data collection system here

Itron Inc., of Spokane, is developing a radio-based data collection system for the meters of commercial and industrial energy users, and expects to begin producing the equipment here during the second half of this year.Mima Scarpelli, Itrons a...

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