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Article: Mining surge fuels business here
- Article from:
- Journal of Business
- Article date:
- June 26, 2008
- Author:
CopyrightCopyright Northwest Business Press Inc. Jun 26, 2008. Provided by ProQuest LLC. (Hide copyright information)
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With strong metals prices spurring increased production and new mining operations worldwide, demand for mining equipment has grown, and Spokane-area companies that make parts for such equipment say they're experiencing a boost from the surge.
"Our business is much larger now than it ever was before. Having the mining people back is really good;" says Jimmie T.G. "Jim" Coulson, CEO of Spokane-based Coeur d'Alenes Co.
The steel supplier and fabricator has made parts for the mining industry since its start back in 1884, but shifted its emphasis mostly to steel sales - and adopted the marketing name Cd'A Metals - in 2003 after downturns in the mining and aluminum industries.
Since then, ...