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Author Archives: IBR Staff

Spherion Corp. expanding to Boise market (access required)

Spherion Corp., a national recruiting and staffing company, has announced plans to expand its services into the Boise market through local franchise ownership. Spherion is currently seeking franchise owners to work with local employers and fulfill their recruitment and staffing ...

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Publicly traded firm buys Boise Office Equipment (access required)

IBR STAFF REPORT Boise Office Equipment Inc. has a new owner. Global Imaging Systems Inc. acquired the Boise company, including its Twin Falls sales office, for an undisclosed price in late April. Global, based in Tampa, Fla., operates in 32 ...

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Albertsons shareholders prepare for buyout vote (access required)

IBR STAFF REPORT The proposed sale of Albertsons Inc. to a group that includes Supervalu Inc. comes to a vote soon. Both grocery chains announced last week that their shareholders will vote May 30 on the acquisition of Albertsons by ...

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BSU to host mock world trade event for area students (access required)

IBR STAFF REPORT The International Economic Summit, a mock world trade event for 400 Boise-area high school students, is planned for May 9 at Boise State University. The event includes an executive luncheon for 100 business, government and education leaders ...

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Arrow 1031 teams with Nev. firm (access required)

IBR STAFF REPORT Arrow 1031 Exchange, Boise, recently partnered with Southwest Exchange Corp. to provide processing services for Arrow’s exchange transactions. The companies handle tax-deferred property exchanges under Internal Revenue Code Section 1031. Southwest, based in Henderson, Nev., is well ...

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BSU gets nation's largest educational VoIP deployment (access required)

Time Warner Telecom Inc., a leading provider of managed voice and data networking solutions for businesses, announced late last week the successful installation of its connections for VoIP services to Boise State University. “We’ll be able to save about half ...

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Cascade completes Farmers & Merchants bank merger (access required)

IBR STAFF REPORT Bank of the Cascades completed its acquisition of Farmers & Merchants State Bank, Boise, April 20. In the deal between parent companies Cascade Bancorp and F&M Holding Co., Cascade paid $22.5 million in cash and 5,325,000 shares ...

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St. Luke's, Farmers & Merchants win Meridian Chamber awards (access required)

IBR STAFF REPORT St. Luke’s Meridian Medical Center, Farmers & Merchants State Bank and Creative Balloons have won the Meridian Chamber of Commerce’s 2006 Small Business Awards for their contributions to the economic and civic health of Meridian. The chamber ...

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BMHC sales hit record $885M in quarter (access required)

IBR STAFF REPORT Building Materials Holding Corp., which owns BMC West, reported first-quarter earnings of $28.1 million, or 95 cents per share, up 33 percent from $21.1 million, or 73 cents per share, a year earlier. Results reflect an adjustment ...

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Idaho Bancorp earnings, loans up in 1Q (access required)

IBR STAFF REPORT Idaho Banking Co. parent Idaho Bancorp reported first-quarter earnings of $290,000, up 16 percent from a year earlier. Diluted earnings per share of 16 cents compared to 14 cents in the first quarter of 2005. The earnings ...

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