Spokane Journal of Business

Local News

Providence Services seeks $241 million in bonds

Providence Services, which oversees two of Spokanes major hospitals and others in the region, is asking state health-care facility authorities in Montana and Washington to issue about $241 million in bonds in its behalf.Proceeds of the bond be...

Finnerty brothers file personal bankruptcies

Spokane restaurateurs Thomas K. Finnerty and his brother, Brian P. Finnerty, each have filed for personal bankruptcy liquidation in the Eastern Washington district of the U.S. Bankruptcy Court.The Finnerty brothers are co-owners of Spokane Bar &...

Foothills dealership plans South Hill shop

Foothills Lincoln Mercury Mazda plans to open a satellite service center on the South Hill that would be the first Ford Motor Co.-certified facility of its type in the Pacific Northwest and one of only about a dozen nationally.Chris Marr, of the...

WTB hasn’t paid taxes, state says

The state of Washington has filed a motion asking that Spokane trucking company WTB Inc.s Chapter 11 bankruptcy filing be dismissed or converted to a Chapter 7 liquidation due to the companys alleged failure to file post-petition tax returns to...

Inland Power considers big power line upgrade

Inland Power & Light Co., the Spokane-based electrical cooperative, says it plans to upgrade its transmission line through the town of Millwood if Inland Empire Paper Co. selects the cooperative to supply power to its paper plant there.Inland a...

Apartment developer buys Boise complex

Alvin J. Wolff Inc., the brokerage and acquisition division of The Wolff Companies, of Spokane, has bought a 288-unit apartment complex in Boise as the first move in what will be an aggressive plan to penetrate apartment markets in other Western H....

Valley retirement center will cost $21.5 million

A Spokane Valley development company and a Spokane nursing-home operator plan to build a $21.5 million, 200-unit retirement complex in the Spokane Valley.The development company, Arger Capital Corp., owned by brothers Prokey and Greg Arger, and...

Shop illuminates sleepy Madison

A warm glow emanates from a storefront nestled among run-down structures on a sleepy block of south Madison Street downtown. Through the picture windows, light radiates from antiquated lamps and 1930s ceiling fixtures on display in the showroom...

Business park eyed off Freya

Spokane businessman Dave Clack and North Idaho businessman Harry Magnuson are considering developing a business park on 18 acres east of a railroad overpass on Freya Street in the heart of East Spokanes industrial area.A portion of the has for...

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...

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