In early April, American businesses raced to apply for $349 billion in forgivable loans through the CARES Act’s SBA Paycheck Protection Program.The loans covered payroll costs, rent, benefits and more. Better still, they’re forgiven if businesses maintain employment through the coronavirus pandemic. Locally and nationwide, the numbers are staggering.Washington state...
Lamb Weston Inc. has enjoyed an idyllic run since it spun out from ConAgra Foods in late 2016.Rising revenue and rising share prices spoke to a global appetite for its french fries, many produced in the Mid-Columbia, where Lamb Weston is a major employer as well as major buyer of...
A Pasco company that fabricates and installs pipe systems for farms, wineries and industry is making a bold bet on the future. Allynda and Kyle CalliesAllynda and Kyle Callies, owners of Callies Welding and Fabrication in Pasco, are finalizing a deal to buy the last two developable at the Foster...
The COVID-19 pandemic is exacerbating a health crisis that has claimed more than 120 rural hospitals in recent years.But it is also raising the fortunes of at least one closed Yakima hospital and begs the question: Will more reopen?As Washington residents adapt to Gov. Jay Inslee’s Stay Home, Stay Healthy...
President and CEOTri-City Development CouncilNumber of employees: TRIDEC currently has eight team members. Karl DyeBackground of TRIDEC and its mission:Established in 1963, the Tri-City Nuclear Industrial Council, today known as Tri-City Development Council (TRIDEC) was organized for the purpose of promoting and advancing the economic strength and diversity in Benton...
Washington’s small businesses have entered a new era as our state and nation fight the COVID-19 pandemic.Today it’s critical that we support our local small businesses, and all Washington employers, to ensure a strong economic future for our state.Our state’s small businesses are the foundation of our economy, and they’ve...
While lots of attention surrounding the coronavirus pandemic is on finding ample medical supplies – ventilators, masks, gloves and sterilized hospital gowns – there is growing concern about its impact on the trash collection system.Can we safely dispose of the surge in infectious wastes from hospitals, first responders and residents?American...
Life has temporarily changed for many during this pandemic. As we adjust our schedules, work environments and daily activities to keep our communities safe and flatten the curve, we must ensure that our economy can recover and that families are able to provide for their loved ones.Much of my work...
Small business owners often have a very difficult time trying to determine the value of their business.Perhaps the owner has never taken the time to consider the value. Perhaps the owner believes there really is no value to the business in the event that he or she ceased to run...
U.S. Rep. Dan Newhouse, R-Sunnyside, predicted Congress will add to the $2.2 trillion it has already authorized to prop up the nation’s economy during the COVID-19 pandemic in an April 10 meeting with the Tri-Cities Area Chamber of Commerce.“The federal government is responding quickly and doing all it can to...