Key Tronic doubles earnings
Spokane-based electronic services manufacturer Key Tronic Corp. Tuesday reported earnings of $1.4 million, or 14 cents per share, compared with earnings of $700,000, or 7 cents per share, a year earlier.
Company sales were $55.5 million for the first quarter of fiscal 2007, up 25 percent from $44.3 million in the year-ago quarter.
The increases reflect improved efficiencies in manufacturing, along with a charge of $500,000 related to a cancelled acquisition, a company press release said.
Washington
Auto safety data may stay secret
The government proposed on Tuesday to keep confidential some vehicle safety data covering consumer complaints, warranty claims and information on vehicles involved in deaths and injuries.
Consumer groups have tried to get access to the data, but the National Highway Traffic Safety Administration said the information “will cause substantial competitive harm and will impair the government’s ability to obtain this information in the future if released.”
The proposal, similar to past versions, came in response to a ruling by a federal judge earlier this year that the agency had failed to provide enough notice to comment on an early warning system plan. In the March ruling, District Judge Richard J. Leon sent the proposal back to the agency.
The early warning system was part of legislation approved by Congress following the massive recall of Firestone tires in 2000.
Spokane
‘Girls Days Out’ set for Saturday
Shoppers are invited to visit 70 merchants and restaurants during “Girls Days Out,” an event to be held simultaneously in five area business districts between 10 a.m. and 4 p.m. Saturday.
The City of Spokane is assisting with the second-annual event to promote growth in the Garland, Monroe Street, Hillyard, South Perry and East Spokane/Sprague business corridors.
Free shuttle buses will run between the shopping districts. Participating merchants will be sporting pink decorations. Look for maps, lists of merchants and more at each district’s event headquarters.