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Author Archives: IBR Staff

MPC to acquire Gateway business segment (access required)

MPC Corporation has signed an agreement to purchase Gateway’s Professional business segment. MPC is a PC manufacturer based in Nampa. The transaction is valued at about $90 million, according to a statement from MPC. MPC will pay Gateway $20 million ...

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Boise’s Nimbus 360 increases staff in Colorado Springs office (access required)

Boise-based Nimbus 360, a provider of visual and sound technologies, recently opened an office in Colorado Springs, Colo. Employees focus on the government sector, and to an extent on the commercial market, said Dave Johnson, marketing manager for the company. ...

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Idaho State University celebrates presidential investiture this week (access required)

The formal Investiture Ceremony for Idaho State University President Arthur Vailas will be Friday, Sept. 14, at the university campus in Pocatello. Pocatello physician M.R. “Mick” Mickelson will act as master of ceremonies, according to a press release. Gov. C.L. ...

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Treasure Valley real estate out of balance, analysts say (access required)

The Treasure Valley real estate market is still finding its balance, according to a report by Colliers International. Land prices and unanchored shopping center rents are too high. But inventory of industrial space and investment properties is too low.Colliers released ...

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Pend Oreille utility district pens agreement with tribe (access required)

An agreement between the Pend Oreille County Public Utility District and the Kalispel Tribe of Indians will afford a minimum of $200,000 worth of wholesale electricity for payment of flooding reservation lands under the Box Canyon Dam reservoir.According to the ...

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U of I Extension to offer estate-planning workshops (access required)

With or without a good-sized estate, good planning makes good sense, said Beverly Healy, University of Idaho Extension educator in Ada County. “It’s not just about preserving assets; it’s about preserving family relationships when difficult decisions must be made about ...

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Ada apartment occupancy rates showing signs (access required)

Ada County apartment vacancy was 4.2 percent in July, according to a real estate survey published by Hammack Management and Mountain States Appraisal. Rents ranged from $254 per month for a low-end one-bedroom apartment to $2,000 per month for a ...

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Lien-collection materials seller to pay restitution (access required)

A Boise company that sold work-at-home educational materials will pay consumers $30,825 in restitution, Attorney General Lawrence Wasden said in a statement. The settlement resolves allegations that Building Wealth Institute LLC (BWI) violated the Idaho Consumer Protection Act, he said. ...

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Lithia Motors acquires two new franchises (access required)

Lithia Motors, Inc. has acquired Peterson Volkswagen/Audi. The store will now be called Lithia Volkswagen of Boise and Audi Boise. Chevrolet of Boise was sold to Peterson Automotive in the transaction. In making the purchase, Bryan DeBoer, Lithia Motors, president ...

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