Office Hours archive for March 2010

WEDNESDAY, MARCH 31, 2010


Sterling Financial extends repurchase deadline

Sterling Financial Corp. has extended the expiration date for its effort to buy back $238 million in trust-preferred securities.The deadline was today. April 12 is the new date.The Spokane-based parent of Sterling Savings Bank and Golf Savings Bank is offering 20 cents on the dollar...

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You can contribute to the Office Hours blog

The newly launched blog you're reading now, Office Hours, will try to keep you connected to what's happening in the region's business environment.We welcome suggestions, comments and ideas. Just post them here or e-mail messages to Tom Sowa toms@spokesman.com or Scott Maben scottm@spokesman.com or Bert...

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TUESDAY, MARCH 30, 2010

Eastern Washington companies receive energy funds

Three northeast Washington companies have been awarded stimulus grants and loans worth $3.2 million.Demand Energy Networks of Spokane will receive a $1.5 million grant to commercialize its electricity storage and network management software. The money will help the company retain or create 93 jobs, according...

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Multipacking, and what it means to Pearson Packaging

Spokane-based Pearson Packaging Systems has signed a co-marketing agreement with global service provider CT Pack. Pearson will be the supplier of CT Pack's Vortex Systems Multipacking equipment in North America and will sell the system as part of a complete end-of-line solution for customers. "Multipacking"...

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MONDAY, MARCH 29, 2010


Spokane homes cheapest among Northwest cities 

Spokane homes are the cheapest among major Northwest cities, according to the Center for Housing Policy.Of the 208 cities surveyed, Spokane ranked 93rd during the 4th quarter of 2009, with a median home price of $159,000.Seattle, ranked 20th nationally, was the most expensive city in...

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FRIDAY, MARCH 26, 2010

Inside the Applied Sciences Laboratory

Hergen Eilers, the first senior research scientist at WSU's Applied Sciences Laboratory, in Spokane, gave a 40-minute recap of three key projects he's heading, all involving advanced work in physics and optics.His remarks came during a recent yearly meeting explaining the ASL's progress, now starting...

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WSU negotiating for on-campus hotel, convention center

A hotel and convention center could be built on the Washington State University campus in Pullman, if negotiations between a California developer and the university are successful. WSU’s board of regents approved a plan Friday to begin negotiations with Sonnenblick-Del Rio Development for the sale...

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Panhandle Health District director to retire

Jeanne Bock, who has directed the Panhandle Health District since 2001, will retire this fall after 24 years of public health service in Idaho's five northern counties.The Board of Health accepted her retirement notice Thursday and plans to hire her successor by August.Bock led the...

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Anthony DeRusso, a trombone player with the Siena band, shouts "Go, Saints!" as his team battles Purdue during the first round of the NCAA tournament Friday, March 19, 2010, at the Spokane Arena. (Dan Pelle / The Spokesman-Review)

March Madness rounds bring dollars to region

The Spokane Regional Sports Commission says last week's 1st and 2nd round NCAA basketball championships had an economic impact on the region of about $4.6 million. About 12,000 of the 32,000 tickets sold were to out-of-town fans who traveled here to see the games, the...

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THURSDAY, MARCH 25, 2010


Fair housing training offered in Coeur d'Alene, Sandpoint

Two free fair housing trainings will be offered in April in Coeur d'Alene and Sandpoint.The trainings, sponsored by the Disability Action Center-NW, Intermountain Fair Housing Council and the city of Coeur d'Alene, will cover fair housing basics, disability rights and responsibilities, reasonable accommodations and legal...

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WEDNESDAY, MARCH 24, 2010

Ground broken for new Valley fire station 

The Spokane Valley Fire Department took another step Wednesday in its multi-year program to improve fire protection in Spokane Valley and Liberty Lake. Fire commissioners and other district officials gathered for a ground-breaking for construction of a new Station No. 10 at 17217 E. Sprague...

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Downturn starting to ease for lumber mills

Lumber mills are starting to emerge from the worst downturn in the industry’s history, according to the Western Wood Products Association.The Portland-based trade association predicts a 7 percent gain in Western lumber output in 2010, based on a strengthening national housing market.

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Renie Alles, who operates Churchill's Steakhouse in Spokane with her husband, Bill, stands in the proposed cigar lounge of their restaurant Thursday.  Customers would use an antique-style telephone to place  drink orders, then pick them up at the nearby bar so that  servers would not have to enter the smoky room.  
 (Jesse Tinsley / The Spokesman-Review)

Churchill's Steakhouse, in downtown Spokane, reopens

Someone suggested Bill Alles name his new steakhouse in Spokane, The "Prime Minister."The pun was less than accurate for a business that cooked more than prime rib.But owner Bill Alles liked the idea and eventually the moniker evolved into Churchill's Steakhouse.Starting this evening, the downtown...

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CDA Cellars chosen as best Idaho winery 

Wine Press Northwest makes annual selections for best winery of the year, for the states of Washington, Oregon and Idaho.This year's Idaho winery is Coeur d'Alene Cellars, at 3890 N. Schreiber Way.That's a nice honor. To read the full Wine Press announcement, go here.

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TUESDAY, MARCH 23, 2010

Former WaMu execs to talk with Congress 

The top two former Washington Mutual executives are being forced to testify publicly for the first time next month as part of a congressional investigation into the largest bank failure in U.S. history. Kerry Killinger and Steve Rotella will join five other former WaMu executives...

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Mountain View Elementary third-grader Jenna Whitfield listens to her teacher explain the importance of the 2010 census during a field trip to visit the 2010 Census Portrait of America Road Tour. (Kathy Plonka)

Census help centers open 

Questionnaire Assistance Centers have begun opening across the country and in the Inland Northwest for people who need help filling out the 2010 census form.Coeur d'Alene locations include the St. Vincent de Paul HELP Center, 201 E. Harrison Ave., and the Idaho Department of Labor,...

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.




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