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Boise Cascade Holdings reports higher earnings

Boise Cascade Holdings LLC on May 11 reported net income of $11.4 million for the March 31 quarter compared to a net loss of $88.18 million a year earlier. Sales from traditional trade totaled $477.4 million compared to $407.7 million ...

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Foreclosure starts fall in Ada, Canyon

Foreclosure starts fell during April in Ada and Canyon counties, IdahoDataProviders reported May 7. Ada County foreclosure starts totaled 447 in April after a record-breaking 597 in March, the company said in a release. The April total was 2010’s second ...

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Pocatello housing market could be slow (access required)

The housing industry’s recovery in the United States and Eastern Idaho will be slow with lenders and investment trusts owning 1.1 million foreclosed properties as of March, up 20 percent from a year ago, and 4.8 million households 60 days ...

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Sandpoint won’t end downtown business tax

City administrators in the northern Idaho city of Sandpoint have rejected a petition by downtown businesses to abolish a local business tax. City officials say some of the signatures on the petition to dissolve Sandpoint’s business improvement district couldn’t be ...

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Micron completes Numonyx purchase

Boise-based Micron Technology Inc. on May 7 has completed acquisition of two-year-old Swiss company Numonyx B.V. in an all-stock transaction valued at about $1.2 billion (U.S.). Under the agreement, Micron issued approximately 138 million shares of Micron common stock to ...

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Company seeks geothermal leases in S. Idaho

A Nevada geothermal energy developer with projects around the globe is seeking a pair of leases on land near the Magic Reservoir in southern Idaho. Ormat Technologies Inc. has requested leases on public land managed by the Bureau of Land ...

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