Spokane Journal of Business

Local News

Enron’s fallout hits Avista

Some of the shock waves that have rolled out in virtually every direction from Enron Corp. since it filed for protection from creditors Dec. 2 are being felt here at Avista Corp.Enrons bankruptcy filing constituted a default under contracts of...

Buck Knives eyes Post Falls

Buck Knives Inc., a renowned maker of hunting and utility knives, is considering moving its corporate headquarters and manufacturing plant to Post Falls from Southern California, which would bring about 300 jobs here.Buck Knives is looking at of...

Stoneridge closed for renovation

Stoneridge Golf Course, just north of Spirit Lake, Idaho, closed last weekend for a yearlong, $2.5 million renovation.The project includes rebuilding all of the greens on the 18-hole golf course, adding new tee boxes and rebuilding older tee a a...

MSC starts remodel at East Sprague facility

MSC/Premera Blue Cross, one of Eastern Washingtons largest health insurers, has started work on a $1.7 million remodeling project at its main office complex.The complex, which is located at 3900 E. Sprague, includes two buildings with a total...

Farmers & Merchants logs strong annual gains

Farmers & Merchants Bank, of Spokane, posted healthy gains in loans, assets, deposits, and net income in 2000.We had a good year, says John Tombari, the banks chief operating officer.The banks net income soared 28.7 percent to $2.8 up...

GranTree re-enters market

GranTree Furniture, of Portland, has re-entered the Spokane market, opening a store at the northwest corner of Second Avenue and Bernard Street, and plans to open two more stores here within the next 12 months.Once GranTree has opened three it a...

New nonprofit pitches Valley sports complex

Spokane businessman Kert Carlson has formed a nonprofit corporation named Sports USA through which he hopes to develop and operate an $8 million-to-$10 million sports complex in the Spokane Valley. The project is in the predesign stage, and the...

Rockwood eyes another expansion

Spokane United Methodist Homes Inc., a nonprofit corporation that operates Rockwood Retirement Communities here, plans to develop a $6 million-to-$7 million addition to its Rockwood Forest Estates independent-living subdivision on Spokanes South...

Fruci Financial Services merges into Portland firm

Fruci Financial Services Inc., a Spokane-based medical management and billing company with 86 employees, has been merged into Portland-based Anesthesiologists Associated Inc. (AAI) and has assumed the AAI name.Fruci Financial, which was founded...

Douglass to build center on Diamond Bowl site

Spokane developer Harlan Douglass plans to begin work this month on a 124,000-square-foot North Side retail center that will include a World Lighting & Design store, among other tenants.World Lighting is the newest retail chain being launched by...

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