Spokane Journal of Business

Local News

Met posts $3.9 million in fiscal-year earnings

Metropolitan Mortgage & Securities Inc., the big Spokane-based financial-services company, has reported net income of $3.9 million for its 2002 fiscal year ended Sept. 30, which marks a significant rebound after enduring two years of losses about a...

Window Products’ office to move to Liberty Lake

Window Products Inc., the big Spokane vinyl-window manufacturer, is moving its headquarters to Liberty Lake because the company is growing so quickly its overflowing its current central office. Window Products plans to move in February into...

Skipping is cool at this school

In a manner of speaking, Spokanes Deborah Wittwer sidestepped her way into business. For many years, Wittwer coached a competitive jump-rope team here called Side Steps, which grew through the late 1980s and 1990s, competing in a national on...

Empire foresees recovery

For Empire Health Services CEO Tom White, the best thing about 2003 is that its not 2002.Last year, the nonprofit parent of Deaconess Medical Center and Valley Hospital & Medical Center suffered a net loss of about $18 million, eliminated its...

Road builders face rough path

Spokane-area highway construction companies face a rough road ahead due to an expected precipitous drop in Washington state Department of Transportation-funded roadwork.Also, some planned projects within the new city of Spokane Valley could be...

Manufacturing contract gives PC Open a boost

A 4-year-old Spokane company that cut its teeth assembling computer servers and workstations for schools and colleges, expects now to ride a wave of growth making digital video recorders for a big international electronics manufacturer.The PC a...

Financial concern opens here

Payne Financial Group Inc., a Missoula, Mont.-based insurance and financial services agency, quietly has opened a Spokane office and hired some veteran agents from other agencies offices here. Payne opened its Spokane office about three ago,...

Investors mull new stadium

Plans are being discussed for a 15,000-seat domed stadium that would be built on property near the Northern Quest Casino, in Airway Heights.Tim Bainter, who owns the Spokane Nightmare semiprofessional football team here and is involved in the a...

Pawn 1 chain revises its expansion strategy

Pawn 1 Inc., the Spokane-based pawn-shop chain that launched an aggressive expansion strategy seven years ago and grew to nine stores, now is scaling back its growth plans after experiencing cash-flow problems of its own and ending a lengthy with a...

Supply distributor here leases larger quarters

Familian Northwest Inc., a Newport News, Va.-based mechanical- and industrial-supply distributor, has leased a 57,000-square-foot building and five adjoining acres in the Spokane Valley for its main Spokane facility.The company plans to start...

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