Inland Power & Light Co., the Spokane-based electric cooperative, posted net margins of more than $5.8 million last year, up sharply from $3.6 million in 2010, but it says part of that gain was due to a one-time benefit."Bonneville (Power the us
Inland Power & Light Co., the Spokane-based electric cooperative, posted net margins of more than $5.8 million last year, up sharply from $3.6 million in 2010, but it says part of that gain was due to a one-time benefit."Bonneville (Power the us
Washington Trust Bank, of Spokane, has reported net income of about $16.2 million for last year, up substantially from earnings of $9.1 million in 2010 and $3 million 2009.Jack Heath, the bank's chairman and chief operating officer, says, "I was
The Federal Deposit Insurance Corp. says it has sold a 25 percent initial equity stake in a limited liability company it formed in its receivership capacity to hold certain loans of the failed Bank of Whitman, in Colfax, Wash.The 62 loans the to
Northwest Farm Credit Services, the big Spokane-based ag-lending cooperative, says it's sending out to its stockholders patronage refund checks totaling $53 million.FDS Board Chairman Kevin Riel said in a press release that this year's refund is
Trusts established to try to recoup some of the huge amount of money that investors had tied up in Metropolitan Mortgage & Securities Co. and Summit Securities Inc. before those affiliated companies here shut down eight years ago have made a fourth
The wood products industry shows little sign yet of emerging from the protracted slump it has endured, although it could see slight improvement next year.Spokane-based Potlatch Corp., which has about 1.5 million acres of timberland and also has
Scattered examples that some industry sectors here are beginning to climb from the depths of this lengthy economic downturn aren't numerous or noteworthy enough to suggest that next year will be markedly stronger than this one has been.In fact,
SRM Development LLC, of Spokane, has launched a new subsidiary called PacifiClean Environmental that will seek to work with government entities and large private-sector clients to develop multimillion-dollar, organic-processing facilities.The is
Spokane area-based grocery store chains aren't tipping their hand yet as to whether or how they plan to stock and market liquor, following Washington state voters' recent approval of Initiative 1183, which privatizes state liquor for a couple of to