Archive of: Lakewood

Title Issue

Around the Sound

The Fife Regional Chamber of Commerce Employer Solutions Committee, which encompasses the communities of Milton, Edgewood, Fife, and the Port of Tacoma, is kicking off their 2009 topical series on Tuesday, Jan. 27. This month's 90-minute seminar luncheon, "How to Choose a Retirement Plan that Makes Sense for Your Business," will feature Stephanie McClain of Edward Jones. The luncheon will begin at 11:30 a.m. at Rushforth Construction at 6021 12th St. E, Suite 100 in Fife. To make your reservation, call the Fife Regional Chamber of Commerce at (253) 922-9320 no later than 11 a. m. on Jan. 26. Space is limited.

Ali Vincent and Devin Alexander of TV's "Biggest Loser" will come to Tacoma for "Do Something Healthy 10," which will be held Thursday, Jan. 29 at the Greater Tacoma Convention and Trade Center, 1500 Broadway in Tacoma. The presentation is sponsored by the MultiCare Center For Healthy Living and hosted by John Curley from KING-TV's Evening Magazine. The event will begin at 5:30 p.m. with a health fair and screening, followed by a YMCA Zumba dance-based fitness demonstration at 6:15 p.m. Vincent and Alexander will share their personal journeys to health and fitness at 7 p.m.  Pre-registration is required and tickets are $15. To register for Do Something Healthy 10 or to find out more about Pierce County's Biggest Winner and Million Minute Mission, go to, or call 1-800-485-0205. 

January 2009

Gregoire requests federal disaster funds

Gov. Chris Gregoire today asked President Barack Obama to declare a federal disaster area in nine Washington counties impacted by flooding, mudslides and avalanches caused by severe weather earlier this month.

Gregoire requested federal assistance for Clark, King, Lewis, Mason, Pacific, Pierce, Snohomish, Thurston and Wahkiakum counties. Damage surveys are continuing this week and the results are expected to add counties to the disaster declaration request.

January 2009

PSE completes $250 million refinance

Puget Sound Energy, the utility subsidiary of Puget Energy, today announced it has successfully completed a $250 million issuance of first mortgage bonds. The bonds were placed with more than 35 institutional investors, have a term of seven years and carry a 6.75 percent coupon.

Net proceeds from the issue will be used primarily to repay outstanding short-term debt incurred to partially fund the utility's capital expenditures, including the $240 million Mint Farm Power Generating Facility, a natural gas-fired power plant in Longview, Wash. purchased by PSE in December 2008 using previously secured bank financing.

"Successful completion of this bond offering with its relatively low coupon in very difficult capital markets demonstrates positive market reaction to the pending close of our merger with Puget Holdings LLC, a group of long-term infrastructure investors," said Stephen P. Reynolds, chairman, president and CEO of Puget Energy and PSE. "The upgrade of PSE's corporate credit rating to 'BBB' by Standard & Poor's, immediately after we announced the merger closing date, also improved the bond credit ratings and enabled an attractive interest rate on the debt."

January 2009

Railroad fined for fuel spill

The Union Pacific Railroad has been fined for a spill that resulted when two trains near the Nisqually Delta collided in May 2007, spilling hundreds of gallons of diesel fuel and lube oil, and threatening groundwater and a nearby wetland.
The Washington Department of Ecology issued the UPRR a $52,500 fine for the spill, which contaminated groundwater downhill from the crash site.
A Federal Rail Administration report cited probable engineer fatigue and failure to comply with a warning light ahead of the Nisqually crossover as factors in the crash. Ecology considers the lack of attention to the warning signal "negligence" and increased the penalty accordingly.

January 2009

COFFEE BREAK: course correction?

There has been a lot of talk about "change in government" in local, state and national political races. Businesses and workers are also looking at new ways of operating during this time of change and turmoil.

The Business Examiner would like to know what changes you would like to see in the coming months and years that would benefit your world.

January 2009

Puget Sound Energy merger to close in February

Puget Holdings LLC, a group of long-term infrastructure investors, and Puget Energy today announced they expect to close Puget Holdings' $7.4 billion purchase of Puget Energy and its wholly-owned utility subsidiary, Puget Sound Energy, by Feb. 6.

January 2009

CEOs are upbeat about their firms, worry about general economy

Senior executives and managers are not optimistic about the overall strength of the economy for 2009, but they have a positive personal outlook on the growth of their own businesses.

Almost half of the business leaders questioned for a national survey believe the overall economy will worsen during the coming year, according to a worldwide survey conducted by NFI Research. One in five said the economy will stay the same.

While many of the entrepreneurs were concerned about the strength of the overall economy, about half of them were optimistic about the increase or growth of their own business during 2009. 

January 2009

Plumbing partnership links vets with jobs

Washington National Guard members and new veterans now have another pathway for pursuing meaningful employment. In an effort to fill vacancies in the trades industry, the United Association of Plumbers and Pipefitters forged a strategic team of organizations to provide veterans and guard members with a fast track to a high-demand industry.

January 2009

Around the Sound

Brad Worthley, a business consultant with more than 34 years of management experience, will speak at the Lacey Chamber of Commerce's Wednesday forum. Worthley has trained more than a million people in a wide range of industries throughout the world. His topic will be "10 Critical Steps That Could Make or Break Your Business." The Lacey Chamber of Commerce forum luncheons are at St. Martin's University Worthington Center. Registration begins at 11:30 a.m. and the program begins promptly at noon. Cost for members is $18 and the guest rate is $25. RSVP to the chamber office by calling (360) 491-4141 or e-mail

January 2009

Pierce County offers permit extension

The downturn in the construction industry is preventing some developers from finishing their housing projects on time, so Pierce County is offering a temporary, one-time extension on permits in light of the current economic climate.

December 2008
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