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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Northwest Hardware Supply moves to new spot in Hayden

More room and more visibility were the incentives for Northwest Hardware Supply to move to a new location at 7680 Government Way in Hayden. The company moved this past week from 10640 Government Way.

The business now has about 4,500 square feet to display items such as door locks, cabinet fixtures and hinges. The store is open for builders and retail customers 8 a.m. to 5 p.m. weekdays and by weekend appointments.

Owners are Dave and Luana Church and their son, Matt. Dave has 30 years’ experience in the business. Phone (208) 762-8461.

Edward Jones office to open near Costco

Adrian Menard plans to move his Edward Jones individual investor business from his home to the Sportsman’s Plaza shops at 3518 Government Way at the end of the month. The 1,100-square-foot office is near the Costco parking lot.

“I help the individual investor meet long-term financial goals,” Menard said. Originally from Sandpoint, he graduated from Lewis-Clark State College in Coeur d’Alene and is an Army Iraq war veteran. Phone (208) 664-8284.

Nighthawk on, Hecla off NW list

Last weekend the Seattle Times released its list of the “Northwest 100: Investor’s Guide to the Region’s Top Companies.” One problem was that only 87 companies made the list, either because they became private instead of public, or because their stock closed below $2 anytime in 2007-’08.

Ironically, Hecla Mining of Coeur d’Alene was at the top of the previous list because of soaring silver prices. But as silver prices fell last year, the company lost $66.6 million and its stock fell below $2, disqualifying it this year.

However, a newcomer is Nighthawk Radiology of Coeur d’Alene, which debuted at No. 69 with $139 million in sales for the fiscal year. Despite its profit being down 35.7 percent and its stock price falling 77 percent, Nighthawk made the list because its stock went public.

Flir Systems, which makes infrared cameras in Wilsonville, Ore., was the top-rated company, followed by Precision Castparts and Schnitzer Steel, both of Portland. No. 4 was Amazon.com of Seattle, and No. 5 was Key Technology of Walla Walla.

Of the 87 companies on the list, Starbucks (of Seattle, at No. 42) is the biggest Northwest retailer with 176,000 employees. Second is Costco (of Issaquah, Wash., at No. 17) with 137,000 employees, and third is Microsoft (of Redmond, Wash., at No. 13) with 91,000.

All these figures are from the Seattle Times.

This week’s tidbits

•A dress code for a more meaningful, pleasant dinner has been successful for the new My Place Restaurant at 1801 Sherman Ave. Men should wear a collared shirt and slacks. The atmosphere is intimate with quiet live music (guitar or harp) and no children. My Place offers breakfast and lunch daily and the “special” dinners on Fridays and Saturdays (possibly expanding this summer). Phone (208) 665-2277.

•Food, beverages and games are offered at The Mill, which opened Friday in the Riverstone space formerly occupied by Joey’s Smokin’ B-B-Q. More details on this later. And we’re still waiting on Riverstone’s projected businesses of the Rocky Mountain Chocolate Factory, Sangria Grill, Chico’s women’s apparel and Hapa Grill. Meanwhile, the condo auction is July 13. Check www.riverstonecda.com.

•The Starbucks in Riverstone shows why this company is rated so well in the Northwest 100 list (above). Cars are always lined up in the drive-through. Of course, the other Northwest Boulevard espresso joints do well also. I bet one would be successful along 15th Street near the Best Avenue intersection. But this may hurt the existing espresso stands farther west on Best. A smaller grocery store might do OK on 15th also.

•Pinnacle Physical Therapy and Sports Medicine Coeur d’Alene are celebrating one-year anniversaries at 3322 Grand Mill Lane. Phone (208) 777-4242.

Contact Nils Rosdahl at (208) 769-3228 or at nhrosdahl@nic.edu.