Business Newsletter

 

Productivity decline cuts container numbers at ports

West Coast ports’ November cargo statistics reflect slowdown effects

Cargo containers stacked up in September near East Alexander Avenue at the Port of Tacoma. Container volumes declined in November, the first time in nine months.

Simpson selling sawmills to Canadian forest products company

Four Simpson Lumber Co. sawmills including mills in Tacoma and Longview are being sold to Vancouver, B.C.’s Interfor Corporation

New sawmill in Frederickson will employ 150 workers

Sierra Pacific Industries says it will begin construction of a new sawmill structure on a tract at Frederickson this spring

Tacoma real estate developers will have their estates liquidated

Bankruptcy judge approves trustee’s plan for Tom Price and Hyun Um, founders of Prium

Fewer banks and credit unions troubled in Washington, more are recommended

State banks and credit unions are doing better this year than last, reports the rating service Bauer Financial.

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