The Biz Buzz

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Archives: Feb. 2011

Feb.
25th

Puyallup asbestos cleanup firm fined $437,000

A Puyallup asbestos abatement contractor, Spenser Abatement Services Inc., has been fined a total of $437,300 by the state Department of Labor and Industries for several willful violations of state regulations in the removal of asbestos from two buildings.

The company did not return phone calls Friday.

The violations occurred, said Labor & Industries, at the former Lynnwood High School and an Olympia Building used by the state Department of Transportation. The Lynnwood project involved removing asbestos from the high school prior to its demolition. The department fined the abatement company $256,900 for 11 willful violations and three serious violations.

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Feb.
25th

Boeing says Dreamliner testing on schedule for third quarter delivery

For once, Boeing is offering reassuring words about the progress of the testing of its new 787 Dreamliner.

The company said this week that the flight test regimen with 787s powered by Rolls-Royce engines is 80 percent complete and those with General Electric engines is 60 percent done.

The Dreamliners, which made their 1,000th test flight on Wednesday, “continue to behave well in testing,” the company said.

The Dreamliner’s first commercial delivery is now more than three years behind schedule. That date has been postponed seven times, so its with a bit of skepticism that analysts have begun regarding Boeing’s

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Feb.
25th

Skywest to fly former Horizon Air routes

In a further move to simplify its flying, Alaska Airlines announced today that regional airline Skywest will begin flying six West Coast routes for Alaska.

Those routes were formerly flown by Alaska’s sister airline, Horizon Air.

Those routes connecting Sea-Tac with Fresno, Santa Barbara and Long Beach in California and with Portland and connecting Portland with Burbank and Ontario, Calif. will be flown by Skywest with CRJ-700 jets.

Skywest is acquiring those jets from Horizon because Horizon is moving to a single type of plane, the Bombardier Q400. Flying a single type of aircraft simplifies maintenance, crew scheduling and training

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Feb.
24th

Boeing wins tanker contract

Boeing emerged the winner of the latest round of a decade-long battle to build the next-generation Air Force aerial refueling tanker, the Pentagon announced today.

The tanker contract is potentially the richest contract the Pentagon will award this decade.
Boeing beat Europe’s largest aerospace company, EADS, in the third round of the politically-sensitive contest.

The company’s victory was based on the company’s submitting the lowest price for the 179 tankers. The contract announced today is worth an estimated $3.5 billion for Boeing. That contract includes initial design and development for the tanker. Ultimately, the tanker contract including production of

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Feb.
24th

IRS offers Saturday assistance – and it’s free – at Puget Sound offices

Need help with your taxes but can’t make it to the IRS office during the week?

Well, how about this weekend?

The Internal Revenue Service Taxpayer Assistance Centers in Tacoma, Everett, Seattle and Bellevue will be open Saturday between 9 a.m. and 2 p.m.

IRS representatives will be there to provide free assistance to taxpayers who need help completing their tax returns.

“We know some people are facing challenging economic times and we want to provide extra assistance on these Saturdays,” said IRS spokesman David Tucker in a release this week. “Our goal is to help taxpayers get what

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Feb.
23rd

Pacific Northwest’s first American Girl store opens this summer

The Alderwood mall in Lynnwood will be the site of a retail store for American Girl dolls, the first such store in the Pacific Northwest and only the 10th nationwide.

Mattel’s American Girl Brands announced the store in a news release this afternoon, saying the 12,500-square-foot Alderwood store would open in this summer.

The Seattle Times reports that the store takes the place of five “departed or relocated tenants, including Cold Stone Creamery, World Wrapps and Anchor Blue. JoS. A. Bank and Games Workshop also will move elsewhere at Alderwood to make room for American Girl.”

The store

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Feb.
23rd

Airlines raising prices to keep up with oil spike

Most airlines raised ticket prices by $10 per advance purchase roundtrip economy ticket over the weekend, and by $20 to $60 for “walkup fares” most commonly used by business travelers.

The price hikes mirror recent spikes in oil prices driven by unrest in the Mideast.

Meanwhile, most airline stocks are taking a drubbing on Wall Street as investors anticipate a profit squeeze as oil prices move higher as the summer travel season moves closer.

All of this and more is another good reason that the present uprisings in several Mideast countries are resolved peacefully.

Feb.
22nd

Tacoma Food Co-op halfway to goal of securing retail space

Members of the Tacoma Food Co-op have less than a week to raise $5,000 as the first step to opening their first retail store.

The co-op started a membership drive this month to raise earnest money for a lease at what is now the Neighborhood Market, 3002 6th Ave. Owner John Loesch wants to retire, and he wants to lease the 4,000 square-foot space to the co-op. He’s given them until Feb. 28 to put up $10,000.

“We’re kind of the anchor store here. I’ve been here for 30 years,” he said. “I think the neighborhood — really, in

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