Spokane Journal of Business

Local News

Home building to start at Black Rock project

Construction could begin this summer on 40 to 50 high-end homes in the Black Rock golf-resort development near Coeur dAlene Lake, developer Marshall Chesrown says.Although no building permits have been issued for homes at Black Rock, Chesrown...

Metropolitan Mortgage posts record net income

Metropolitan Mortgage & Securities Co., of Spokane, has reported net income of $9.7 million for its most recent fiscal year, which is up from about $8 million in the previous year and nearly two-and-a-half times higher than it was five years its a...

54-unit apartment project planned

Inland Construction Co., of Spokane, plans to develop a $4 million, 54-unit apartment complex on Spokanes South Hill, five blocks south of the Cedar Canyon Shopping Center.Darin Davidson, a spokesman for Inland Construction, says site work for...

New drug-rehab center plans hiring

American Behavioral Health Systems Inc., a Spokane company that was formed last year to treat chemically dependent clients, has hired about 10 people within the last year and expects to hire another about 15 by a year from now.The proposed rise...

Wal-Mart to remodel Valley store

Wal-Mart Stores Inc. is moving forward with plans to remodel and significantly expand its Spokane Valley store into whats called a Wal-Mart Supercenter, which involves adding a full-service supermarket to the stores retail mix.The big, chain...

Sprint boat race track constructed at Playfair

A Lewiston, Idaho, company called World JetSprinting Promotions Ltd. has constructed a mile-long $80,000 sprint boat race course in the grass infield of Spokanes Playfair Race Course, and plans to hold a racing event there this fall.The is...

Zak Designs plans to open four international offices

Zak Designs Inc., of Spokane, expects in coming months to expand its international operations substantially by opening new offices in Mexico, Brazil, and Australia. The Airway Heights company, which makes tableware and childrens dinnerware as...

District 81 initiates technology spending

Spokane School District 81 has begun spending part of about $26.6 million it has earmarked for a complete technology upgrade at all of its schools. The first wave of spendingfrom which several Spokane businesses will benefitincludes $14.3 of...

After a scare, RAHCO ships order to Pakistan

When Pakistani officials flexed their military muscles in late May by detonating several nuclear devices in underground tests, the shock waves resonated all the way to Spokane, where RAHCO International was preparing to ship $2 million worth of to...

Washington Trust plans two more new branches

Washington Trust Bank, which said earlier this year that it hoped to open a branch in Liberty Lake and expand its presence in southern Idaho, has filed applications with regulators to establish bank branches in those areas.Washington Trusts to...

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