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Author Archives: IBR Staff

Nampa employer Plexus says quarterly net jumps to 28 cents a share (access required)

IBR STAFF REPORT Plexus Corp. said earnings for the fiscal first quarter ended in December jumped to $12.6 million, or 28 cents per share, from $3.02 million, or 7 cents per share, a year earlier including restructuring costs. Sales for ...

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Industrial condos slated for southwest Boise (access required)

IBR STAFF REPORT Industrial condos represent a fairly new concept for the Boise market, but “a couple others are on-line and doing well,” Dan Minnaert says. An industrial properties broker with Thornton Oliver Keller Commercial Real Estate in Boise, Minnaert ...

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MotivePower lands contract totaling $93M (access required)

IBR STAFF REPORT MotivePower, Boise’s locomotive builder, recently landed a major contract to build locomotives for New York City Transit. MotivePower parent Wabtec Corp. announced that New York City Transit, a unit of Metropolitan Transportation Authority, picked MotivePower to build ...

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Idaho Bancorp earnings soar 45 percent in 2005 (access required)

IBR STAFF REPORT Idaho Bancorp, parent of Idaho Banking Co., has reported record earnings for 2005 of $1,175,000, up 45 percent from $812,000 in ’04. Earnings increased to 65 cents per diluted share, from 46 cents a year earlier. Return ...

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Small Business Day set Feb. 7 (access required)

IBR STAFF REPORT William Maurer, a national property-rights expert, is slated to address the Small Business Day at the Capitol forum Feb. 7 in Boise. The National Federation of Independent Business Idaho chapter and Wells Fargo Bank will sponsor the ...

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Tax experts share nuggets of wisdom (access required)

Why we give “I think all of us want to make a positive impact in our community, for our country, or even worldwide, but can often feel that our small gifts of time or financial means won’t make much of ...

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Interest-rate guru to address BOMA symposium Feb. 14 (access required)

IBR STAFF REPORT Robert Genetski, an economist considered an excellent interest-rate forecaster, is scheduled to keynote the Ninth Annual Boise Commercial Real Estate Symposium with a presentation titled, “The Coming Economic Boom.” The Building Owners and Managers Association Boise chapter ...

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Law, financial firms anchor U.S. Bank Plaza (IBR Focus) (access required)

IBR STAFF REPORT Law and financial firms occupy most of the 256,000-square-foot U.S. Bank Plaza building. U.S. Bank is the largest single tenant with 21 percent of the space, said Dan Preisler, general manager of the building. The bank occupies ...

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Grocery wholesaler Capitol Distributing expands space (access required)

IBR STAFF REPORT Capitol Distributing, the Meridian-based grocery wholesaler, will more than double its warehouse space on Commercial Court. Capitol, sister company to convenience-store chain Jacksons Food Stores, is adding 62,000 square feet of warehouse space following a recent lease-purchase ...

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Workshops on electricity rate hike start Jan. 23 (access required)

IBR STAFF REPORT The Idaho Public Utilities Commission plans three workshops on the 7.8 percent average rate increase requested by Idaho Power Co. The 7 p.m. workshops are scheduled Jan. 23 at PUC headquarters, 472 W. Washington St., Boise; Jan ...

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