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Author Archives: The Associated Press

Conoco’s oversized rigs readying for transport

Oversized oil rigs sitting in the Port of Lewiston, Idaho could be moving through Montana to Billings in a matter of days. Two of the rigs are already on trailers, ready to go. Despite legal wrangling in Idaho to block ...

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Swiss bank working on Tamarack land lease

UPDATE – Idaho officials said a Credit Suisse Group-led lender consortium is among those working to help cover Tamarack Resort’s tardy lease to use state land, as jockeying over the failed Idaho ski area’s future continues. No agreement is finalized, ...

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Boise’s Gridflex Energy drops power plant proposal

A Boise-based company has dropped plans to seek a permit for a feasibility study of a power plant in prime wildlife habitat near Townsend, Mont. Gridflex Energy CEO Matthew Shapiro tells the Independent Record that his company notified the Federal ...

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Idaho reaches settlement with US Fidelis

The former owners of a company that claimed to be the nation’s top marketer of auto-service contracts are now permanently banned from doing similar business in Idaho. The state attorney general’s office says Darain and Cory Atkinson, ex-owners of US ...

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Idaho cheese factory to expand next year

The Jerome Cheese Co. plans to create up to 20 new jobs with the expansion of its factory in south-central Idaho next year. The company says addition to the Jerome plant, which churns out about 520,000 pounds of American cheese ...

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Pocatello’s On Semiconductor to expand (access required)

POCATELLO – ON Semiconductor Corp., which makes chips used in cars and cell phones, plans to install another $15.7 million worth of production equipment in its eight-inch Pocatello wafer manufacturing facility during the next six months. This investment is in ...

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Swiss bankers want to liquidate Tamarack Resort

The Swiss bank that leads a lender group owed $300 million by Tamarack Resort says liquidating the central Idaho vacation getaway is the best way to recoup a fraction of their investment. Credit Suisse Group asked U.S. Bankruptcy Judge Terry ...

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