Study says Idaho tribes have $1 billion economic impact on state
A study commissioned by Idaho's five Native American tribes estimates they have a collective $1.1 billion impact on the state's economy.
Office Hours Becky Kramer
THURSDAY, FEB. 19, 2015
THURSDAY, APRIL 5, 2012
Hecla names new manager for Lucky Friday Mine
Hecla Mining Co. has made management changes at the troubled Lucky Friday Mine. Ed Sutich has been named vice president and general manager of the underground silver mine in Mullan, Idaho. He replaces Jeff Jordan, who has moved to Hecla’s corporate office as vice president…
MONDAY, NOV. 28, 2011
Clearwater Paper completes Lewiston sawmill sale
Clearwater Paper Corp. has completed the sale of its Lewiston sawmill to Idaho Forest Group of Coeur d'Alene. The $30 million transaction included the sawmill, planer mill, dry kilns, and related assets along with log and finished goods inventories and timber under contract. As part…
WEDNESDAY, NOV. 2, 2011
Avista reports slightly lower earnings
Avista Corp. reported slightly lower third quarter earnings of $10.7 million, or 18 cents per share, this morning, compared to $12.3 million, or 22 cents per share, for the third quarter of 2010. Through the first nine months of the year, Avista’s income was $75.6…
TUESDAY, OCT. 25, 2011
Anti-coal campaign coming to Spokane
The Sierra Club is bringing its anti-coal campaign to Spokane Thursday, urging local residents to oppose terminals at Washington seaports that would ship coal to Asia. Coal producers are seeking permits to build terminals near Bellingham and Longview to ship up to 130 million tons…
TUESDAY, OCT. 11, 2011
Ground Force leasing Plummer plant
Ground Force Manufacturing LLC has leased a 55,000-square-foot building in Plummer, Idaho, from the Coeur d’Alene Tribe, the two parties announced today. The Post Falls manufacturer makes trucks for the mining industry. Company officials expect to hire 50 or more employees at the Plummer plant…
FRIDAY, MAY 6, 2011
Avista reports strong first quarter
Avista Corp. reported net income of $41.9 million, or 73 cents per share, for the first quarter of 2011, compared to $28.8 million, or 52 cents per share, for the first quarter of 2010. Chairman and CEO Scott Morris attributed the earnings increase to colder,…
THURSDAY, FEB. 17, 2011
Avista reports 'solid year,' with earnings up
Avista Corp. today reported net income of $92.4 million, or $1.65 per share, for 2010, compared to $87.1 million, or $1.58 per share, for 2009. For the fourth quarter of 2010, Avista’s net income was $25.7 million or 45 cents per share, compared to $22.1…
FRIDAY, NOV. 26, 2010
Roads, cold don't deter shoppers
Shoppers jammed parking lots from Wandemere to Spokane Valley to North Idaho this morning, ignoring snowy roads and cold temperatures to buy 46-inch televisions and 700-count sheets.At the Northpointe shopping Center, Best Buy Manager Keat Shankle estimated as many as 2,000 shoppers had been through…
MONDAY, AUG. 9, 2010
Avista changes power-line strategy due to fire conditions
Avista Corp. is making temporary changes to its power line operations as a result of dry conditions and wildfire risk.The changes could result in customers being without power for longer periods of time if outages occur, officials said.Lines are normally reenergized automatically when they’re down.…
TUESDAY, JULY 6, 2010
Hecla to open Wallace office again
Hecla Mining Co. is opening an office in Idaho’s Silver Valley to keep local residents abreast of future expansions at the Lucky Friday Mine and the company’s role in environmental cleanup in the area.U.S. Sen. Mike Crapo will speak at the grand opening of the…
TUESDAY, MAY 18, 2010
Clearwater expanding tissue production
Clearwater Paper Co. will build a new paper machine in the Southeast to expand sales of its private label tissue. The new machine and seven converting lines will produce bathroom tissue and paper towels for East Coast markets, officials announced Tuesday. The new facility will…
Wind farm will power 100,000 homes
POMEROY, Wash. – Puget Sound Energy has started construction on a 343-megawatt wind farm in Garfield County that will provide power for more than 100,000 homes. The Lower Snake River Wind Project will be built on nearly 40,000 acres of leased farmland. Ninety-eight percent of…
FRIDAY, APRIL 9, 2010
Hispanics' buying power increases in Idaho
The recession took a significant bite out of Idaho’s economy in 2009 but didn't stop the growth of Hispanics' economic influence, the state Department of Labor reports.Hispanic buying power grew 10 times faster than the buying power of the state’s non-Hispanic residents, according to estimates…
WEDNESDAY, MARCH 24, 2010
Downturn starting to ease for lumber mills
Lumber mills are starting to emerge from the worst downturn in the industry’s history, according to the Western Wood Products Association.The Portland-based trade association predicts a 7 percent gain in Western lumber output in 2010, based on a strengthening national housing market.
Rural Idaho loses residents
The number of people moving out of rural Idaho increased between mid-2008 and mid-2009 as the recession reached into every corner of the state.
TUESDAY, MARCH 23, 2010
Former sawmill owner buys Potlatch plant
Spokane-based Potlatch Corp. has sold its Post Falls particleboard plant to Todd Brinkmeyer, a former sawmill operator. The particleboard plant employs about two dozen people, most of whom will keep their jobs. The sale closed on March 12. The purchase price was not disclosed.The small-scale…
Becky Kramer covers business news.