Category Archives: Economic Roundup

Around Idaho: Economic Activity in June 2020

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern Idaho
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone Counties

Kootenai County

  • Coeur d’Alene internet provider Intermax Networks has expanded into the Spokane market by acquiring Telwest Inc., a Spokane-based telecommunications provider. Source: Journal of Business
  • Kootenai County is on the shortlist of potential sites for a new manufacturing plant KORE Power – a battery manufacturer – is planning to build in the United States. KORE’s corporate operations are already located in Coeur d’Alene, but their manufacturing operations are currently in China. KORE plans to build a new plant in the United States which will employ roughly 3,000 people once fully operational. Source: CDA Press

Shoshone County

  • A new report from the Environmental Protection Agency highlighted the successful completion of a variety of cleanup projects related to the Bunker Hill Superfund Site and laid out plans for an additional $20 million in cleanup work and construction through the end of 2020. Source: CDA Press

Regional openings

  • Northwest Softplay in Post Falls
  • A&R Metalworks in Dalton Gardens
  • Jitterz Espresso in Hayden

Coeur d’Alene openings

  • CDA Marine Sports
  • Pokeworks
  • Camfit CDA
  • Burger King
  • StretchLab
  • Lean Kitchen

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in April 2020

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone Counties

Benewah County

  • The Federal Communications Commission has approved $521,000 in funding for Red-Spectrum Communications, a broadband provider owned by the Coeur d’Alene Tribe, to expand access in Benewah County. Source: Journal of Business

Bonner County

  • The U.S. District Court has approved Tamarack Aerospace’s proposed reorganization plan. The Sandpoint winglet manufacturer has been pursuing a reorganization to allow it to emerge from ongoing Chapter 11 bankruptcy. Source: Journal of Business
  • Percussionaire, a Sandpoint manufacturer, has received clearance from the Food and Drug Administration to produce and distribute a new compact ventilator. The company has also massively ramped up production, from their typical rate of roughly 100 ventilators a month, to more than 1,000 per week. Source: Coeur d’Alene Press

Kootenai County

  • Local food banks are facing significantly higher needs from the community in the wake of COVID-19-related job losses. The Kroc Center and the Silver Lake Mall are now hosting distribution of food as well as personal protective equipment and hygiene products. Source: Coeur d’Alene Press
  • Despite economic disruption from COVID-19, some construction has proceeded apace in Kootenai County. The Atlas Mill Site development project is moving forward, although construction has not yet begun, and commercial construction in Hayden is still occurring. Source: Coeur d’Alene Press
  • The Coeur Group, a volunteer group of professionals in Kootenai County, is providing a variety of services to affected residents through their COVID-19 task force. Services include running errands for health-compromised individuals who cannot go out in public, in addition to providing financial assistance to households struggling to meet basic expenses. Source: Coeur d’Alene Press

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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