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Article: The profits are flowing: Sandpoint firm makes water-purification devices for businesses.
- Article from:
- The Spokesman-Review (Spokane, WA)
- Article date:
- June 7, 2007
CopyrightCOPYRIGHT 2007 The Spokesman-Review. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Parker Howell
Jun. 7--Sandpoint-based Pure Health Solutions Inc. has tapped a lucrative market with its water-purification devices for businesses.
The company expects revenues of roughly $20 million this year, up from $4 million in 2003, said Craig Story, PHSI president.
PHSI has expanded from a 12-person outfit three years ago to employ about 65 today.
The company recently incorporated abroad with plans to tackle the European market, and it's investigating a first-ever retail version of its products for sale at "big box" stores.
But achieving that growth has meant moving manufacturing overseas to a plant in South ...