Spokane Valley-based electronics manufacturer Servatron Inc. will shut down at the end of the year, according to a statement from its U.K.-based parent company, Volex PLC.
Spokane Valley-based foundry Spokane Industries LLC has filed for Chapter 11 bankruptcy protection, citing equipment failures, rising material costs, a structural facility collapse, and more than $1 million in employee embezzlement as factors that strained the company’s finances, according to court records filed in the U.S. Bankruptcy Court for the Eastern District of Washington.
Seattle-based contractor and energy-efficient systems manufacturer McKinstry Co. is planning a second prefabrication building on the West Plains that’s expected to double the company’s fabrication capacity in Spokane County.