Regional Business News

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Purchase makes Itron industry leader – Spokane-based company will have 50 percent of market

Itron makes electronic communications equipment that is installed in utility meters, allowing them to be read automatically from afar. Alison Boggs Staff writer Spokesman Review On Thursday, the Spokane Valley company paid $255 million for…

Buck Knives postpones move to Post Falls

CEO says winter weather, late-year production demands will delay company’s arrival from California until 2005

77 tech workers hired to work for Boise newcomer TSYS

New tech center ‘saves’ some from unemployment Seventy-seven high-paying high-tech jobs that had been lost in the winter have returned to Boise, and local and state officials will celebrate that fact today at the formal…

Qwest will shift 600 jobs to IBM- Telco transfers computer work, but no jobs are cut

"The good news is that no jobs are lost here," Varden said. "All of these employees are being offered a comparable job with IBM. They’ll start coming to work as IBM employees with Qwest now the customer."

States losing billions to tax loopholes

Multinational corporations avoid paying state income taxes using legal tax-sheltering strategies Betsy Z. Russell Spokesman Review Staff writer Big corporations are avoiding paying billions of dollars in state income taxes by taking advantage of tax-sheltering…

Sterling Financial Corp. makes its largest acquisition

Financial institution acquires Klamath First Bancorp Alison Boggs Spokesman Review Staff writer Sterling Financial Corp. of Spokane Tuesday announced the largest acquisition in its 22-year history. The financial institution with branches in Washington, Idaho, Montana…

Small businesses vent frustrations- Federal SBA official, Michael Barrera listens to complaints of business owners

Small-business owners who say federal bureaucrats do not listen to them had an audience with a man who can change that. cdapress.com Michael Barrera, the Bush administration’s ombudsman at the U.S. Small Business Administration, listened…

Purcell (Liberty Lake, WA) bucks telecom slump- Equipment-cabinet maker doubles revenues, staff while filling unusual market void

Purcell Systems Inc. http://www.purcellsystems.com/ is bullish on the telecommunications industry. That might sound like sarcasm or a sick joke to those who serve the telecom industry and have watched that sector’s sales and staffing levels…

New Wyoming seed lab offers high-tech help

The state’s new seed analysis laboratory is completed and nearly ready to begin testing seed produced in Wyoming. Associated Press Billings Gazette The lab was moved from Cheyenne to Powell so it could be closer…

AMI Semiconductor receives Idaho Governor’s Marketing award

"International trade is critical to the health of Idaho’s economy," said Gov. Dirk Kempthorne. "The companies recognized today exemplify the best Idaho has to offer – vibrant businesses with strong and technically competent employees that continue to thrive during challenging economic times."