Kim Crompton

Ormet puts off decision to buy plant

Deadline for its action on Kaiser Mead purchase is moved back to Oct. 25

September 9, 2010

Ormet Corp., a Hannibal, Ohio-based aluminum producer, has postponed for a second time a final decision on whether to buy the shuttered former Kaiser Aluminum Corp. Mead Works smelter property north of Spokane.In a statement issued last week, it

Spokane-Kettle Falls bus service to begin

Twice-daily round-trips to start early next month, include multiple stops

August 26, 2010

Kim Crompton

The Gold Line, a new federally subsidized public bus service between Spokane and Kettle Falls, is set to launch here early next month, says Bill Brannan, the line's Spokane-based general manager.The service will offer two round-trips a day on to

Greenstone launches commercial unit

New division to oversee Liberty Lake company's major developments here

August 26, 2010

Kim Crompton

Greenstone Corp., of Liberty Lake, says it has launched a commercial property division to oversee management and development of several big projects here.Those projects include the Kendall Yards Town Center, the Telido Station shopping center in

Barr-Tech eyes plant's next phase

Work on power-producing digester to begin soon

August 26, 2010

Kim Crompton

Barr-Tech LLC, of Spokane, has invested $9 million to develop and open the composting portion of a planned $14 million organic-processing facility located 22 miles southwest of Spokane, and says it's poised to begin work on the power-producing of a

County approves bond issue for TIF project near airport

Upgrades along stretch of Thomas Mallen Road to cost about $3 million

August 12, 2010

Kim Crompton

Spokane County commissioners have approved the issuance of tax-increment financing district bonds to a development group here that plans to make about $3 million worth of improvements to a section of road south of Spokane International Airport. of

State Bank Northwest posts profit for quarter; loans, deposits decline

August 12, 2010

Kim Crompton

Spokane Valley-based State Bank Northwest has reported second-quarter net income of $210,000, up from a net loss of $383,000 in the second quarter of 2009, according to documents filed with the Federal Deposit Insurance Corp.The institution's of

RiverBank's net income jumps in second quarter

Niche institution here shows slight increases in loans, deposits, assets

August 12, 2010

Kim Crompton

RiverBank, which opened here four years ago, posted much higher second-quarter net income of $562,000, up from $58,000 in the year-earlier quarter, regulatory documents show.The privately held institution ended the second quarter with total of a

Rendering courtesy of Womer & Associates Inc.

Tribe amps up cultural center pitch

Spokanes envision $6 million project on river's north bank

August 12, 2010

Kim Crompton

The Spokane Tribe of Indians says it envisions spending $6 million to $8 million on a large cultural center it's proposing to develop on city-owned land along the Spokane River just west of Riverfront Park.The 1.1-acre site, known as the Bosch a

Bankers here foresee financial reform bill repercussions

Stacks of new regulations said to mean higher costs for consumers

July 29, 2010

Kim Crompton

Spokane-area bankers have widely varying opinions on the merits of the recently approved legislation to revamp the nation's financial regulatory system. One belief at least several of them share, though, is that the thousands of pages of coming new

Partners buy building at Indiana, Ruby

Gallatin Public Affairs, Swindler to move there from Rock Pointe Tower

July 29, 2010

Kim Crompton

Three partners in the Gallatin Public Affairs consulting firm and Spokane attorney Geoffrey D. Swindler have bought a building at the northeast corner of Indiana Avenue and Ruby Street through a company they've formed called Big Problem Solvers and