Spokane Journal of Business

Local News

Ambassadors’ shares up 60 percent since April

A regional brokerage company recently downgraded its rating on Spokane-based Ambassadors International Inc.s stock to neutral from strong buy in response to a dramatic rise in Ambassadors stock price in the last few months. stock price...

Olivetti building up for sale

Wang Laboratories Inc., of Billerica, Mass., has decided to lease out and ultimately to sell its big 46-acre Olivetti North America campus at Liberty Lake because it doesnt need all of the space at the property, says a Spokane real estate agent,...

Wemco plans for new plant still stymied

Wemco Inc., a heavy-equipment manufacturer based on the West Plains, has been trying for two years to obtain zoning approval to build a new, larger manufacturing plant here and the companys president says hes so frustrated at the delay that the...

Straw-baling venture files Chapter 11

Fresh Air Ag LLC, a company founded last year by a group of Inland Northwest grass-seed growers and other businesses to take advantage of alternatives to field burning, has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy...

Land Rover dealership mulls move

A Bellevue, Wash.-based company that bought the assets of Land Rover Spokane last fall is considering moving the high-end sport-utility vehicle dealership from Liberty Lake to downtown Spokane.We just need to get into the mainstream of Were...

Webiness ceases Web design, hosting services

Webiness, founded by Ethernet guru Bernard Daines as a Web-site design and hosting company, is getting out of that business, says Daines brother, Dan Daines, Webiness general manager.In February, Artesian Direct, a Liberty Lake-based and it...

Investor duo to develop loft units downtown

Spokane real estate developer Rob Brewster Jr. and telecommunications entrepreneur Greg Green plan to team up to develop loft-style apartments on the upper floors of the three-story Montvale Block building downtown. It is the first of what we...

Inland Asphalt receives $15 million in road jobs

Inland Asphalt Co., of Spokane, has been awarded more than $15 million in road construction projects by the Washington state Department of Transportation.The largest of the projects, a $6.9 million contract for the resurfacing of Mission Avenue...

Cousins turn ideas into reality

POST FALLSCousins Cory Siverson and Chad MacDonald say theyre like everyone elselooking for that million-dollar idea.To get where theyre going, though, they help other companies and individuals develop their ideas.Their young venture,...

West Plains to get 870 apartments

Companies headed by prominent Spokane developer Dick Vandervert have two big West Plains apartment projects in the works that are to include 870 living units and are to be built at a total cost of nearly $56 million.Work already is under way on...

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