Spokane Journal of Business

Local News

Wash. Trust parent posts record profit

Spokane-based WTB Financial Corp. posted record net income of $15.6 million for 1997, up 6.9 percent from 1996.The financial services holding company, the parent of Washington Trust Bank, of Spokane, also reported solid gains in assets, loans, a...

Plans show Shadle Wal-Mart

Plans have been submitted to the city of Spokane for a proposed 120,000-square-foot Wal-Mart store at Shadle Center on Spokanes North Side.If the project proceeds as expected, the new development would give the aging retail complex a facelift...

Jobs added here at a fast clip

Employment in the Spokane area rose 4 percent in 1997the biggest year-to-year gain in jobs in the 1990s, according to the latest full-year figures from the state of Washington.Last year, the number of people employed in the Spokane area rose...

I-90 Express Finishing coats the inland market

Theres something to be said for recognizing ones aptitude and exploiting it.Thats what Spokanes Kevin Collins did after going to work in 1984 for a finishing shop in Redmond, Wash., that painted sheet-metal, cast-aluminum, machined, and...

Truck-stop chain here to expand its reach

Spokane-based Alsaker Corp., which owns a chain of Flying J truck stops, mostly in the Inland Northwest, is extending its geographical reach and hopes to acquire two more truck stops by the end of this year.The company, which owns properties in...

Trustee to sell Layrite site on Trent

Layrite Products Co., the longtime Spokane block maker that shut its doors last year, allegedly is in default on four major loans, and property on Trent Avenue where its plant operated for decades is slated to be sold in a trustees sale to the on...

For your 15 seconds of fame

A stack of seven videocassette recorders hooked to one small television set whir into action in the corner of what once was the dining room of Lisa Bergstrom-Regehr and her family.Across the hardwood floor of the South Hill home, a desk holds a...

High-rise rumors escalate

Rumors are swirling in downtown Spokane about a possible building projectperhaps a high-rise office tower or a parking garageon the block where the Rookery Building and several smaller structures now stand.The rumors, which are circulating a...

Entertainment facilities report record revenue

Spokanes four major entertainment and meeting facilities had their best year ever financially in 1997, bolstered by record combined revenue of more than $2.35 million, according to a year-end report released recently.The Opera House, Center, a...

PhysiciansÂ’ group plans medical-business park

A Coeur dAlene medical practice says it plans to develop a 17-acre medical and business park at the northwest corner of Prairie Avenue and U.S. 95 there.Hayden Lake Family Physicians, which is owned by Dr. Mark Borsheim and Dr. Terry Riske, to...

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