Archive of: Thurston County

Title Issue

Venture Bank reports progress

Venture Bank executives Wednesday evening told a Tacoma meeting of customers, shareholders and others that they are making progress in the quest to add capital, as was ordered by Federal Deposit Insurance Corp. in February and revealed at the end of March.

"At least two groups are committed to investing in Venture and that will solve our capital needs," said Ken F. Parsons Sr., chairman of Venture Financial Group, the bank's holding company.

Both potential new shareholders are currently in their due diligence study period.

April 2009
More windmills through Oly port

More windmills through Oly port

Port of Olympia maritime operations are busy today with the unloading of 54 sets of windmill blades from the vessel Industrial Eagle, which tied up to the pier Monday evening.

The shipment from Santos, Brazil, is destined for another wind-power energy generating operation at Vantage in central Washington.

April 2009

Unclaimed property tops $600 million

The state Department of Revenue is puzzled by the number of people who fail to seek out more than $600 million in unclaimed property that has piled up since the 1950s. Only last fall, businesses turned over $83 million in unclaimed property owed to 300,000 individuals.

The department recently mailed claim forms to the last-known addresses of the latest batch of names it received from employers, utilities, banks, escrow agents and other businesses. While some recipients respond by mailing back claim forms or by going to the department's Web site, to search for unclaimed property, many don't.

April 2009

People on the move

Anthony Hemstad has been named the new executive director for the World Trade Center Tacoma. Members of the center's Executive Committee and Board of Directors selected Hemstad after a competitive process conducted since the start of the year. Hemstad had been consulting and lobbying on his own for a variety of clients. Previous to that he served as city manager in Maple Valley for almost six years. He lived overseas from 1990 to 2002 when he was one of the founding faculty members of the first private college in post-Communist Czechoslovakia. He later founded his own public affairs consultancy that became one of the largest in Central Europe, with a staff more than 40 people and offices in four countries at its high point. Before living in Europe, Hemstad worked in Washington, D.C. for three U.S. Senators - including Dan Evans and Slade Gorton. He worked on both international trade and foreign relations issues for Sen. Evans.

Linda Geary, secretary in environmental services and safety, was selected as Mason General Hospital's March "Employee of the Month" by her peers. Her nominator called her "an amazing lady who has been behind the scenes of a very successful department." An interesting fact about Geary is that she was born at Mason General Hospital, and now comes to work every day to help it remain a top healthcare provider in the area. "I just love working here," she said. "I enjoy the work and the employees.  Everyone works hard to help each other out."

April 2009
O Bee Credit Union opened in Lacey

O Bee Credit Union opened in Lacey

O Bee Credit Union opened yesterday its new Lacey  branch. This 5,000-square-foot building has a three-lane drive-up, safe deposit boxes and many other products and services that come with a financial institution.

April 2009

Pending sales increase with help of tax credit

Pending sales around Western Washington for the month of March  reached the highest level in six months, according to the latest figures from Northwest Multiple Listing Service.

Compared to February, last month's pending sales surged 25 percent, rising from 4,559 transactions to 5,701. There were 1,043 Pierce County pending sales and 320 in Thurston County. Last month's volume was down 5.6 percent when compared to 12 months ago, but it was the highest monthly total since September when brokers reported 5,982 pending sales.

April 2009

State disciplines local health care providers

The state Department of Health has taken disciplinary actions or withdrawn charges against health care providers in the South Sound.

In Pierce County the Nursing Assistant Program suspended the credential of Lareina Larson. Larson failed to comply with a previous order. The Nursing Assistant Program indefinitely suspended the credential of Ronald Roberts. Roberts failed to respond to department inquiries about a complaint made against him regarding allegations of sexual misconduct. The Nursing Assistant Program also indefinitely suspended the credential of Falesefulu Taupau. While working at an adult care facility, Taupau failed to follow proper procedures when a patient went missing.

April 2009

Centralia plant agrees to go greener

State Department of Ecology officials and the owners of TransAlta, the Centralia power plant that burns coal to generate electrical power, have reached an agreement to cut down greenhouse gas emissions. The plant is the only one of its kind in the state.

April 2009

Recession quickened as year ended

The March 2009 Washington Economic and Revenue Forecast was released yesterday and showed just how cool the state's economy really is.

The pace of job loss in Washington accelerated sharply in the fourth quarter of 2008. Washington nonfarm payroll employment fell at a 4.4-percent annual rate in the fourth quarter of 2008 following a 0.1 percent decline in the third quarter and a 1 percent decline in the second quarter.

The Boeing strike exaggerated the fourth quarter job loss, but even without the strike, nonfarm payroll employment would have fallen at a 3.3 percent annual rate. Excluding the temporary impact of the machinists' strike, manufacturing employment fell at a 7.1 percent rate in the fourth quarter with aerospace declining at a 2.5 percent rate and all other manufacturing employment falling at a 9 percent rate.

April 2009

Nisqually River bridge gets special treatment

Crews begin structural repairs to the northbound Interstate 5 Nisqually River Bridge later this month.

"This is a special kind of work," said Kim Mueller, assistant project engineer. "Most bridge repairs fall under the seismic retrofit or routine maintenance categories. The bridge is strong and stable, but we're making structural repairs to extend its service life."

April 2009
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