With business running at record levels for the third year in a row, Kuma Stoves owner Mark Freeman said he is anxious to move into a new manufacturing plant before next winter. He said completion of the 17,000-square-foot building at 50167 N. Old Highway 95 is expected in late September or early October. CDA Structures of Coeur d’Alene is the contractor.
Employment in Washington increased in May, but only because 9,000 workers were hired to help conduct the 2010 census. In Spokane County, employment fell by 1,700 despite the hiring of 700 census workers.
The owners of a Post Falls unfinished furniture store filed bankruptcy Thursday, angering customers who may have lost deposits for entertainment centers and bedroom sets that were never delivered. The Chapter 7 filing of Wayne and Delores Christensen, who did business as All Wood Furniture Co., listed 17 customers with claims of around $17,000 for furniture they did not receive.
A four-year medical school in Spokane would support more than 9,000 new jobs by 2030 and generate $1.6billion in new economic activity, a new study says. The report, “America’s Next Great Academic Health Center,” and its co-authors say the doctors and medical research produced at a Riverpoint medical campus would also improve health care throughout Eastern Washington, especially small communities that are underserved today.
A four-year medical school in Spokane would support more than 9,000 new jobs by 2030, and generate $1.6 billion in new economic activity, a new study says.
Shares of Spokane-based Gold Reserve Inc. soared Monday on news of a partnership between China Railway Resources Co. Ltd. and a company that, like Gold Reserve, has entangled mining claims in Venezuela. The stock price jumped almost 18 cents to 90 cents, a 24 percent gain for the day. Volume, at 1.7 million shares, was more than 13 times the average.
Magnuson Hotels operates a reservation system for hotel owners not affiliated with a chain or franchise. Launched seven years ago in the Colbert home of Tom and Melissa Magnuson, the company has grown from a dozen properties to more than 1,400 customers. The company also has 190 Magnuson-branded properties in the United States. Last fall, headquarters was moved into a refurbished Carnegie library on East Mission Avenue. In January, an office was opened in London. The Magnusons plan to relocate there in August for at least one year. Q.Business must be good in Britain?
When it rains, it pours, and we’re not talking about the weather. Reports of alleged misdeeds by Inland Northwest residents spill deluge-like from federal and state courthouses.
Walmart will debut its remodeled Spokane Valley store this morning as it prepares another extensive renovation at its Shadle Park location. The retail giant also has announced when it will open two new stores in Kootenai County this summer.
The new cars are gone. The signs have been stripped away. What was Spokane Chrysler until a few weeks ago has become the Spokane Auto Center. Owner Jay Lee said the sale of his Chrysler franchise to Dishman Dodge was voluntary, liberating, and a return to his roots in the car business.
When the Papa John’s restaurants closed in January, Rob Baldwin helped franchise owner Kevin Maines put the “Closed” signs on the doors and notify employees they need not come to work. It was the first time the 43-year-old had been out of work since a pre-adolescence doing chores for his dad, Gene King “Baldy” Baldwin, operator of the Hi Neighbor and Lucky Penny taverns.
U.S. District Court Judge Lonny Suko has frozen the assets of two Spokane men and their businesses in response to Federal Trade Commission claims of “massive” telemarketing fraud. Ryan Bishop, Michael Rohlf, Advanced Management Services NW LLC (AMS) and Rapid Reduction System’s LLC allegedly worked with Texas-based PDM International Inc. to offer consumers plans that would reduce credit card interest rates to less than 10 percent, or to just one-third the consumer’s existing rate. Savings of at least $2,500 were guaranteed.
A Wall Street private equity firm has agreed to invest $139 million in Sterling Financial Corp. as the Spokane bank holding company continues its recapitalization effort. Warburg Pincus Private Equity X, L.P. would own 20.5 percent of Sterling provided the company raises the $720 million required to satisfy regulators.
A Wall Street private equity firm has agreed to invest $139 million in Sterling Financial Corp. as the Spokane bank holding company continues its recapitalization effort.
