Archive of: Investing

Title Issue

Former Russell exec has new role

Michael J. Phillips has joined Federal Way Asset Management LP as chairman and CEO. He previously spent more than 25 years with Russell Investments, culminating as president from 1990.

April 2014

Guilty pleas from Emiel Kandi on fed. cases

Tacoma entrepreneur Emiel A. Kandi has pleaded guilty to three federal charges related to improper home loan applications, and agreed to pay $831,607 in restitution. He also faces more than six years in prison.

April 2014

New owner for So. Tacoma Honda

Family members of long-time South Sound auto dealer Ed J. McCarroll have sold South Tacoma Honda to a new affiliate of Spokane-based Gee Automotive Companies.

April 2014

Satsop manufacturing facility available

Port of Grays Harbor, owner of Satsop Business Park, has issued an RFP seeking a business to take over and operate the former NewWood Corp. manufacturing facility, a 255,000 sq. ft. state-of-the-art technology center.

April 2014

New drive for Foreign Direct Investment

A coalition of business and government leaders will announce next week that the greater Seattle region will participate in a new pilot program of the Global Cities Initiative,

April 2014

State’s Personal Income growth slowed

Government data released today by U.S. Bureau of Economic Analysis found average state personal income growth slowed to 2.6 percent last year from 4.2 percent in 2012.

March 2014

Waterfront walk in Top Place to Work video

Incredible co-workers and clients, awesome boss, great benefits package, etc. all matter in making a Top Place to Work. But one of the greatest amenities cited by employees of Financial Insights is the office location along Tacoma’s Ruston Way waterfront.

March 2014

Re: the Rock-Tenn/Simpson buy-out

Online analysis by investment website “” is positive regarding last week’s announced sale of Simpson Tacoma Kraft to Rock-Tenn.

March 2014
Groundbreaking at the Henry

Groundbreaking at the Henry

Business and community leaders, developers and family celebrated the groundbreaking of the Henry, a 7-story development with 161 market rate apartments and 10,500 square feet of commercial space, on the Thea Foss Waterway in Tacoma Thursday morning.

February 2014

Weyerhaeuser sales up 21%, profits doubled

Weyerhaeuser Company today reported full year 2013 net earnings of $540 million, or 95 cents per diluted share, on net sales of $8.5 billion.

January 2014
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