Here is a roundup of economic news compiled by the Idaho Department of Labor:
• Frontier Communications is returning to its old home in the former GTE building in Coeur d’Alene. The new space will have about 50 employees including the regional headquarters, sales, local operations and the main center for regional Internet traffic.
• Coeur d’Alene Mines Corp. has successfully completed acquisition of the remaining 49 percent interest in the Joaquin silver-gold project in the Santa Cruz province of Argentina from Mirasol Resources Ltd. Coeur now owns all the Joaquin project. At the same time, media sources announced the corporation may move its headquarters to Chicago from its founding location in Coeur d’Alene, where it has been for more than 80 years.
North Central Idaho
• The Idaho Department of Labor announced in December it will help pay the cost of training new employees of Ende Machine and Foundry LLC. The Workforce Development Training Fund will provide up to $144,500 to the foundry, which is the anchor tenant at the Craig Mountain Business Park in Craigmont. The foundry currently employs three people Continue reading