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October 2008
The Kitsap Peninsula Business Journal archives all articles into these pages. Feel free to browse back through Kitsap history and read news from as far back as the turn of the century! All articles from the print edition will be archived in this directory.
Westsound Bank settles class action suit
October 13, 2008 @ 11:00pm | The KPBJ

WSB Financial Group, the parent company of Westsound Bank , has announced a settlement agreement with the lead plaintiff in its pending securities class action lawsuit. The settlement, which is subject to approval by the United States District Court for the Western District of Washington, provides for the certification of a class consisting of all persons who purchased WSB’s common stock pursuant or traceable to its initial public offering completed on Dec. 21, 2006.

The total amount of the settlement is $4.85 million. read more »

 
McLoughlin, Housing Authority, Part Company
October 13, 2008 @ 11:00pm | The KPBJ

After almost 20 years as executive director of the Kitsap County Consolidated Housing Authority Executive Director Norm McLoughlin has announced he will retire effective at the close of business today. KCCHA’s Finance Director Debbie Broughton has agreed to take the helm of the agency in the interim, and a committee has been appointed to initiate the search for new executive director.

“Norm has spent a lot of time with the Housing Authority, and over the years many people have benefited because of it,” stated KCCHA Board Chair Commissioner Jan Angel. read more »

 
Boundary Review Board determinesPort Orchard Impacted Party in Skia Annexation
October 9, 2008 @ 11:00pm | The KPBJ

The Kitsap County Boundary Review Board determined in its regularly scheduled meeting, Thursday night, October 9th, that the City of Port Orchard was entitled to invoke the Board’s jurisdiction regarding the SKIA North Annexation and that a public hearing would be required on the City of Bremerton’s annexation request. The Boundary Review Board scheduled a special meeting on the matter for October 23rd, 7 p.m. in the Commissioners Chambers at Kitsap County, 619 Division Street, Port Orchard and indicated that a hearing would be set for early December.  read more »

 
Joe Gates Construction named among Top 50 remodelers again
October 2, 2008 @ 11:00pm | The KPBJ

Joe Gates Construction, Inc has been named one of the top 50 Remodelers by the Editors of NW Home & Garden, published by Seattle Magazine. The firm was also recognized in 2007 with the same distinction.  read more »

 
Commercial construction showing increases in spite of slow economy
October 2, 2008 @ 11:00pm | The KPBJ

“Nonresidential construction spending continued growing, both in Washington state as well as nationally, despite the weak economy and housing slump,” said Ken Simonson, chief economist for The Associated General Contractors of America , following the release of construction spending data from the Census Bureau. “But Congress must act promptly to avert layoffs in power and highway construction.”  read more »

 
Executive committee member to visit local NKBA chapter
October 2, 2008 @ 11:00pm | The KPBJ

The Olympic-West Sound Chapter of the National Kitchen & Bath Association recently announced that Bob Garner, 2008 NKBA immediate past president, will be speaking at its upcoming chapter meeting on Oct. 8. The meeting offers a unique opportunity for casual networking among industry peers and will be held at the Clearwater Casino, with an afternoon session starting at 3 p.m. and an evening session starting at 6 p.m. read more »

 
J.D. Power ranks Prudential Real Estate highest in seller satisfaction
October 2, 2008 @ 11:00pm | The KPBJ

Prudential Real Estate Affiliates, Inc., and Prudential Northwest Real Estate recently announced that Prudential Real Estate ranked “Highest Satisfaction for Home Sellers Among National Full Service Real Estate Firms” in the J.D. Power and Associates’ 2008 Home Buyer/Seller Study.

“We are very proud of this distinction, as it underscores the quality of our affiliates and their hard-working sales professionals, said Laurie Keenan, president of Prudential Real Estate. read more »

 
Construction gets underway at retirement site in G.H.
October 2, 2008 @ 11:00pm | The KPBJ

Frontier Management, LLC has been selected to represent and manage The Lodge at Mallard Landing Community in Gig Harbor. Early ground work has begun on the project to prepare the property for construction activities, which are expected to begin in September, and the opening may be as early as December.

“The synergy of The Lodge at Mallard’s Landing and Frontier Management is a natural. We see The Lodge as the premier retirement and assisted living community in Pierce County and a tremendous addition to Gig Harbor,” stated Greg Roderick, Frontier’s CEO. read more »

 
Port wins EDA grant for SEED construction
October 2, 2008 @ 11:00pm | The KPBJ

Bill Mahan The Port of Bremerton has received a U.S. Department of Commerce Economic Development Administration grant for $2.58 million to build the controversial clean technology incubator building at the Port’s Olympic View Business and Industrial Park, as part of the Kitsap Sustainable Energy and Economic Development initiative. read more »

 
DCD hands pink slips to 11
By the time cuts are complete 22 positions expected to be eliminated
October 2, 2008 @ 11:00pm | The KPBJ

DCD Director  read more »

 
Bainbridge Travel names Costello agency manager
October 2, 2008 @ 11:00pm | The KPBJ

Bainbridge Travel has appointed Carmen Costello agency manager. She will spearhead agency development of leisure and group travel as Bainbridge Travel becomes a separate business division from its sister, The Travel Exchange.

“I am thrilled to have Carmen on board as agency manager and look forward to her focus and expert guidance as we open our new High School Road office location early this October,” said owner John Eisenhauer. read more »

 
Why won't Gregoire run on her record?
October 2, 2008 @ 11:00pm | Adele Ferguson

“I didn’t know,” said a caller, “that Gov. Gregoire was running against Bush.”

Isn’t every Democrat? I said. I don’t think there has been a more unpopular public figure in this country since Hoover. Even O.J. Simpson can still find golf partners.

Gregoire’s problem is that most voters remember that Republican Dino Rossi was elected governor twice in 2004 and had victory stolen from him in King County where they came up with boxes of uncounted votes for a third count that shifted the race to her. I’d say most people, regardless of party, think Rossi won and got cheated out of it. read more »