Jul 3, 201712:00 AMBlog

July 2017

07/31/17

Columbia Bank adds to board of directors

Columbia Bank continues to restructure its leadership, announcing the appointment of Randy Lund to its board of directors.

Posted at 05:29 PM | Permalink | Comments

07/31/17

Early counts say extension between ports, union to pass

Early returns from a vote of union longshore workers indicate that a three-year contract extension with West Coast ports will pass by about 67 percent.

Posted at 05:24 PM | Permalink | Comments

07/31/17

TrueBlue reports 2017 second quarter results

TrueBlue has announced its second quarter 2017 results, with a revenue of $610 million.

Posted at 05:07 PM | Permalink | Comments

07/28/17

Thurston commissioners table convention district talk

Thurston County Commissioners decided earlier this week not to submit a ballot measure for the November 2017 election for the creation of a cultural arts, stadium, and convention district.

Posted at 04:10 PM | Permalink | Comments

07/28/17

Revenue department warns of phishing scam

The Washington Department of Revenue is warning businesses to be aware of an email phishing scam targeting Washington state businesses.

Posted at 04:03 PM | Permalink | Comments

07/28/17

Kreidler comments on GOP's ACA repeal failure

With D.C. Republicans’ bid to dismantle the Affordable Care Act dead (for now), Washington state’s insurance commissioner has issued a statement urging lawmakers to pursue the right reforms to the nation’s health care laws.

Posted at 03:53 PM | Permalink | Comments

07/27/17

CenturyLink's acquisition of Colo. company approved

The state’s Utilities and Transportation Commission has approved an all-party settlement to transfer control of Level 3 Communications LLC to CenturyLink.

Posted at 05:29 PM | Permalink | Comments

07/27/17

Record second quarter for Columbia Bank

Columbia Bank announced its second quarter 2017 results today, headlined by a record second quarter net income of $27.1 million.

Posted at 05:23 PM | Permalink | Comments

07/27/17

Heritage to buy Bellevue bank

Before the business day opened, Heritage Financial Corp. of Olympia announced that it has a deal to acquire Bellevue's Puget Sound Bancorp. in an all-stock transaction.

Posted at 12:17 PM | Permalink | Comments

07/26/17

'Record financial performance' for Commencement in Q2

Commencement saw record second quarter earnings in the last three months, with a net income of $669,000, or $0.19 per share.

Posted at 05:47 PM | Permalink | Comments

07/26/17

MultiCare, UW Medicine announce alliance

MultiCare Health System continues to forge partnerships throughout Puget Sound, as the Tacoma-based conglomerate announced today a new alliance with UW Medicine.

Posted at 05:41 PM | Permalink | Comments

07/26/17

$4.3 million in second quarter earnings for Timberland Bank

Timberland Bank today reported net income of $4.28 million, or $0.58 per diluted common share, for the second quarter of 2017.

Posted at 05:35 PM | Permalink | Comments

07/26/17

Heritage reports 33 percent Q2 earnings bump year over year

Heritage Bank has reported its 2017 second quarter results, with a net income of $11.8 million, up from $8.9 million for the same quarter last year.

Posted at 05:30 PM | Permalink | Comments

07/26/17

Oberto joins Seahawks in search for loudest 12th Man

Oberto is joining forces with the Seattle Seahawks’ promotional machine, partnering with the NFL team in a search for the loudest 12th man.

Posted at 05:19 PM | Permalink | Comments

07/25/17

Chehalis freeway overpass reveal tomorrow

Community and business leaders on both sides of Interstate 5 freeway through Chehalis will be shown plans tomorrow for the replacement of a key overpass that was damaged last year.

Posted at 05:03 PM | Permalink | Comments

07/25/17

NACE South Sound wins ‘kudos’

Local catering and events specialists are award-winners in their national trade association meeting.

Posted at 04:49 PM | Permalink | Comments

07/25/17

Primary election votes lagging

More than 9-out-of-10 primary election ballots have not yet been returned to elections officials, as the deadline is one week away. Many city council and mayor contenders will be narrowed down to the top two in this election, as they move on to November.

Posted at 02:50 PM | Permalink | Comments

07/25/17

Mandatory area code use starts Saturday

Beginning this weekend, all phone or fax calls made from the South Sound and all western Washington will require inclusion of an area code, even if you're calling just across the street.

Posted at 02:32 PM | Permalink | Comments

07/25/17

New employment counts released

Government statisticians released updated data today showing continued modest jobs growth in Washington state and all South Sound areas, except Lewis County, in the June 2017.

Posted at 02:11 PM | Permalink | Comments

07/24/17

Many more pilots needed

Annual forecast from Boeing shows even more pilots will be needed in the next 20 years.

Posted at 05:49 PM | Permalink | Comments

07/24/17

Olympia aircraft firm also in Oshkosh

New engine options for smaller general aviation aircraft are coming out of the Olympia Airport.

Posted at 05:44 PM | Permalink | Comments

07/24/17

Shelton roofer to jail for scam

Unregistered roofer owes nearly $180,000 in state L&I fines, safety infractions, workers' comp premiums and penalties.

Posted at 05:28 PM | Permalink | Comments

07/24/17

Strong borrowing lifts HomeStreet results

Weaker demand for residential mortgages, because of the tight supply situation, impacted quarterly earnings for HomeStreet Inc., corporate parent to HomeStreet Bank.

Posted at 05:20 PM | Permalink | Comments

07/24/17

Robbins will serve Oregon, too

The statewide trade association for financial institutions in Oregon has named the CEO of Tacoma's Columbia Bank as its chair-elect.

Posted at 05:02 PM | Permalink | Comments

07/21/17

South King transport discussions next week

Local officials and community leaders from South King County will meet with the Washington State Transportation Commission on Tuesday, which will include discussions on transportation effects on the local economy.

Posted at 05:39 PM | Permalink | Comments

07/21/17

Transportation agencies receive gov't funds for projects

Transportation agencies around and near the South Sound are among beneficiaries to approximately $230 million in newly awarded state and federal grants.

Posted at 05:25 PM | Permalink | Comments

07/21/17

MultiCare to open new Indigo Urgent Care in Lake Stevens

MultiCare Health System is adding to its Indigo Urgent Care Clinic line with the opening of a new facility in Lake Stevens.

Posted at 04:34 PM | Permalink | Comments

07/21/17

AWB quick to criticize Legislature after budget talks crumble

With state lawmakers adjourning their third special session of 2017 without a vote on the two-year capital budget, business groups have voiced their frustration over the holdup.

Posted at 04:23 PM | Permalink | Comments

07/20/17

Pierce County investor honored by national group

McKenna investor Chris Kirsop, president of BetterInvesting’s Puget Sound chapter, has been recognized by the national nonprofit group with its Gretchen Hurt Leadership award.

Posted at 06:18 PM | Permalink | Comments

07/20/17

Work under way on new MultiCare/Franciscan psychiatric hospital

Demolition is under way at MultiCare Allenmore Hospital’s Building A to make way for the new behavioral health hospital partnership between Tacoma’s two leading health systems.

Posted at 06:06 PM | Permalink | Comments

07/20/17

SPSCC nursing program takes steps toward accreditation

The Nursing Program at South Puget Sound Community College has officially been granted initial candidacy status from the National League for Nursing Commission for Nursing Education Accreditation.

Posted at 05:45 PM | Permalink | Comments

07/20/17

Heritage adds new banking team in Portland

Heritage Bank is expanding its commercial banking operation in Portland, Ore.

Posted at 05:33 PM | Permalink | Comments

07/19/17

Census testing brings temp jobs to Pierce County

The next Census isn’t until 2020, but the U.S. Census Bureau is already preparing for it — and that means temporary jobs locally in the meantime.

Posted at 06:19 PM | Permalink | Comments

07/19/17

Congratulations to New Tacoma Awards winners

Tacoma-Pierce County Chamber has announced its New Tacoma Awards, which recognize businesses, organizations and individuals who make “outstanding contributions” to downtown Tacoma.

Posted at 06:13 PM | Permalink | Comments

07/19/17

Amended agreement for convention center hotel approved

The City Council has approved an amended agreement with Yareton Investment and Management L.L.C. for the project to bring a new hotel next to the Greater Tacoma Convention Center.

Posted at 06:05 PM | Permalink | Comments

07/19/17

Record low unemployment holds steady in June

Washington’s record-low unemployment rate held firm in June at 4.5 percent, despite preliminary estimates from the Bureau of Labor Statistics showing the state gained 2,500 jobs over the month.

Posted at 06:04 PM | Permalink | Comments

07/18/17

New website for Seattle Southside tourist group

Seattle Southside Regional Tourism Authority, the destination marketing organization for Des Moines, SeaTac and Tukwila, has announced the launch of its newly revamped website.

Posted at 05:32 PM | Permalink | Comments

07/18/17

James Hardie announces plans to hire over 100

James Hardie Building Products Inc. has announced a jobs initiative to add over 100 new employees for its expanded manufacturing facility in Tacoma.

Posted at 05:27 PM | Permalink | Comments

07/18/17

Washington Federal earns $44 million in Q2

Washington Federal, which announced in April a merger agreement with Lacey’s Anchor Bank, has announced quarterly earnings of $44,112,000 for 2017 Q2.

Posted at 05:18 PM | Permalink | Comments

07/17/17

Attorney General fines Washington Budget and Policy Center

The Attorney General’s Office today announced that the Washington Budget and Policy Center will pay $30,545 over campaign finance violations.

Posted at 06:15 PM | Permalink | Comments

07/17/17

Wesley Homes, Highline College partner for residency program

Senior living facility Wesley Homes Des Moines has partnered with Highline College to create a student resident program.

Posted at 06:12 PM | Permalink | Comments

07/17/17

H&M set to open at South Hill Mall

Fashion retailer H&M is opening its new location at the South Hill Mall next week.

Posted at 06:04 PM | Permalink | Comments

07/17/17

Instacart expands footprint to include Pierce, South King

Grocery delivery service Instacart is expanding its Seattle footprint to serve an additional 485,000 households, many of which are located in the South Sound.

Posted at 05:53 PM | Permalink | Comments

07/14/17

Auburn roofing contractor expands with acquisition

Auburn contractor Guardian Roofing has announced the acquisition of Seattle-based competitor Jorve Roofing.

Posted at 04:48 PM | Permalink | Comments

07/14/17

'Mistake by the Lake' could get facelift

If all goes as planned, Olympia’s ‘Mistake on the Lake’ may soon be reborn as a thriving hub of commercial and residential activity.

Posted at 04:43 PM | Permalink | Comments

07/14/17

Tacoma tourism exec named to international board

Tacoma’s top travel promoter just got some international recognition.

Posted at 04:31 PM | Permalink | Comments

07/14/17

Columbia promotes from within for new COO

Columbia Bank has a new chief operating officer: Clint Stein, previously the company's CFO.

Posted at 04:23 PM | Permalink | Comments

07/13/17

52%+ Tacoma homes sold above asking

Tacoma residential sales market among top 5 in country, according to Redfin.

Posted at 05:32 PM | Permalink | Comments

07/13/17

Accolades for work supporting non-profits

Two South Sound non-profit organizations gained national visibility for their marketing work, as provided by a Tacoma creative agency.

Posted at 05:12 PM | Permalink | Comments

07/13/17

Senate gridlock dims small biz spirits

Small employers discouraged by lack of progress in Congress on revisions to Obamacare and tax laws, updated index shows.

Posted at 04:58 PM | Permalink | Comments

07/13/17

Connectivity cited at MultiCare

Electronic connectivity over a widely-spread health care network is again putting a Tacoma-based system in the national spotlight.

Posted at 04:41 PM | Permalink | Comments

07/13/17

CHI enlarges UWT health services

Students at Tacoma's public university will be able to access their health services through neighborhood clinics closer to where they live, instead of only through an on-campus center, under a new plan announced today.

Posted at 04:28 PM | Permalink | Comments

07/12/17

Thurston industrial real estate stays active

Thurston County’s industrial market was one of the most active on the development side in 2016, and according to real estate firm Kidder Mathews, the capital county continues the trend so far this year.

Posted at 06:03 PM | Permalink | Comments

07/12/17

Lots of construction in South King's industrial market

According to a recent report from real estate firm Kidder Mathews, South King County trails only Pierce among markets in Puget Sound when it comes to industrial construction.

Posted at 05:59 PM | Permalink | Comments

07/12/17

Heartland Express buys Tacoma's Interstate Distributor

National trucking firm Heartland Express has acquired 100 percent of the outstanding stock of Tacoma-based Interstate Distributor Co. from Saltchuk Resources.

Posted at 05:47 PM | Permalink | Comments

07/11/17

Best state for business? CNBC says it's Washington

CNBC has unveiled the results of its 11th annual list of America’s Top States for Business, and at the top of the heap sits the Evergreen State.

Posted at 05:34 PM | Permalink | Comments

07/11/17

July Dept. of Revenue update: Outlook remains positive

The July update from the state’s Department of Revenue confirms much of what observers continue to note: Washington continues on a strong economic trajectory, highlighted by an all-time low unemployment rate of 4.5 percent in May.

Posted at 05:23 PM | Permalink | Comments

07/11/17

Washington Business Bank posts 60 percent Q2 growth

Washington Business Bank has announced its 2017 Q2 results, posting a net income of $139,800 — a 60 percent increase from the same period last year.

Posted at 05:05 PM | Permalink | Comments

07/11/17

Pierce industrial real estate going strong

The newest report from real estate firm Kidder Mathews shows Pierce County continuing to pace Puget Sound in industrial market activity.

Posted at 04:50 PM | Permalink | Comments

07/10/17

JBLM hiring event to showcase apprenticeships, logistics

Transitioning military looking for local work can network with more than 80 employers next week at a hiring event at Joint Base Lewis-McChord.

Posted at 05:54 PM | Permalink | Comments

07/10/17

GOP, business groups continue to rail against Inslee for veto

Gov. Jay Inslee’s Friday veto of a tax break for manufacturers continues to draw the ire of business groups and Republicans alike.

Posted at 05:47 PM | Permalink | Comments

07/10/17

Nominations open for statewide business giving award

Do you know a business that gives back to its community? Washington’s Office of the Secretary of State wants to hear from you.

Posted at 05:29 PM | Permalink | Comments

07/10/17

Northwest Seaport Alliance honored for green practices

A trade publication has honored The Northwest Seaport Alliance for its commitment to sustainability.

Posted at 03:57 PM | Permalink | Comments

07/07/17

MultiCare Good Samaritan honored for eye health efforts

MultiCare Good Samaritan Hospital has been honored by a global health organization for its work in helping combat corneal blindness.

Posted at 04:01 PM | Permalink | Comments

07/07/17

Study: WA maintains in logistics, slips in manufacturing

One university’s study has ranked the states in terms of the health of their manufacturing and logistics industries, with Washington maintaining its middling grade in the latter while slipping in the former.

Posted at 03:54 PM | Permalink | Comments

07/07/17

Nonprofit hopes to bring tourist train rides to Shelton

A nonprofit is hoping to establish tourist train rides in Shelton and is seeking crowdfunding help to make it possible.

Posted at 03:37 PM | Permalink | Comments

07/06/17

Home market continues to sizzle, but market easing somewhat

For frustrated house hunters, it seems there’s hope.

Posted at 05:39 PM | Permalink | Comments

07/06/17

Museum of Glass, TAM, Auburn Symphony among grant recipients

ArtsFund, a nonprofit dedicated to fostering arts and cultural groups throughout the Central Puget Sound region, has distributed $171,490 in grants to nine organizations and facilities in Pierce and South King Counties.

Posted at 05:30 PM | Permalink | Comments

07/06/17

Walmart, others incur fines from insurance commish

A pair of companies operating from the South Sound — and a big corporation operating statewide — has incurred discipline from the office of Insurance Commissioner Mike Kreidler for various violations.

Posted at 05:13 PM | Permalink | Comments

07/06/17

American Job Center to open at JBLM tomorrow

The first American Job Center to be located on a military installation is set to open at Joint Base Lewis-McChord this Friday.

Posted at 05:06 PM | Permalink | Comments

07/05/17

Progress earns extension for Western State Hospital

Western State Hospital has shown enough noticeable progress to earn a 60-day extension to continue its certification and maintain eligibility for federal funding.

Posted at 05:56 PM | Permalink | Comments

07/05/17

Husky Terminal pile driving to resume this week

With the Fourth of July weekend in the rearview, upgrades to allow Port of Tacoma to accommodate larger ships is set to continue.

Posted at 05:28 PM | Permalink | Comments

07/05/17

Timberland added to Russell indexes

Timberland Bank has been added to the Russell 3000 Index and the Russell 2000 Index, a pair of indexes widely used by investors and industry observers as benchmarks for the United States marketplace.

Posted at 05:16 PM | Permalink | Comments

Fire cuts E. Pierce Co. connections

07/05/17

Fire cuts E. Pierce Co. connections

Some Comcast service is being restored through the day, as repair crews work on melted fiber-optic cables in eastern Puyallup.

Posted at 04:18 PM | Permalink | Comments

07/03/17

Enjoy 4th of July holiday

Happy 4th of July. Daily Biz Briefs will return on Wednesday, July 5th.

Posted at 03:56 PM | Permalink | Comments

07/03/17

Some chambers OK family leave law

Local business representatives are expressing approval of a new state law mandating paid family leave for most employees in Washington.

Posted at 03:28 PM | Permalink | Comments

07/03/17

Non-residential building stagnant in U.S.

Government projects appear to be expanding, while private sector nonresidential construction is pretty much stalled, according to a new Census Bureau report with industry analysis.

Posted at 02:42 PM | Permalink | Comments

Tending to others’ yards for 40 years

07/03/17

Tending to others’ yards for 40 years

Celebrating a four-decade run of successful business is reason enough for owner Neil Hedman to light off some fireworks this week.

Posted at 02:24 PM | Permalink | Comments

07/03/17

MultiCare: Largest local health system in state

New executive appointments are a next step as MultiCare Health System in Tacoma assembles its management team for newly purchased hospitals and medical clinics in the Spokane area.

Posted at 02:03 PM | Permalink | Comments

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