Tech meets timber, bringing jobs to Spokane Valley

Tech meets timber, bringing jobs to Spokane Valley

We congratulate and welcome Katerra to Spokane Valley, Washington! The innovative California-based company will open a 250,000-square-foot plant to make engineered wood products used in its own and potentially other residential developments, including the new Pine Valley Ranch and River House Senior Apartments in Spokane. Working closely with Gov. Inslee and our associate development organization partners at Greater Spokane, Inc., Commerce provided a $150,000 grant from the economic development strategic…

U.S. Department of Commerce Invests $500K in Washington state maritime sector innovation

“Washington Maritime Blue 2050” project aims to lead the nation in sustainable ocean industry technology and practices, earns regional innovation strategy grant OLYMPIA, WA – The Washington State Department of Commerce was awarded a $500,000 grant through the U.S. Economic Development Administration’s (EDA) Regional Innovation Strategies (RIS) program to support Washington Maritime Blue 2050, a statewide vision for creating and expanding the nation’s most sustainable ocean industry and technology cluster.…

State board approves $100K to study Arlington Marysville Manufacturing Center

State board approves $100K to study Arlington Marysville Manufacturing Center

Community Economic Revitalization Board awards grants for feasibility studies in Snohomish County OLYMPIA, WA – The Community Economic Revitalization Board (CERB) today announced $100,000 toward public infrastructure development and new economic feasibility studies on the Arlington Marysville Manufacturing Industrial Center near Smokey Point in Snohomish County. The center spans over 4,000 acres including land within the boundaries of both Arlington and Marysville, with close access to Paine Field and Interstate…

Washington state receives $900K SBA grant to boost small business exports

Washington state receives $900K SBA grant to boost small business exports

More than $512 million in sales attributed to State Trade Expansion Program (STEP) since inception OLYMPIA, WA – The U.S. Small Business Administration (SBA) has awarded the Washington State Department of Commerce a sixth year of funding to help state small businesses grow through exporting. The $900,000 grant, part of the SBA’s State Trade Expansion Program (STEP), is the highest and maximum amount awarded from a total $18 million nationwide.…

Washington is America’s #1 state for business

Washington is America’s #1 state for business

“With the nation’s fastest-growing economy and an all-star business roster of household names and up-and-comers, Washington — the Evergreen State — soars above the competition as America’s Top State for Business in 2017.” — Scott Cohn, CNBC Landing in the top spot may come as no surprise to those of who live, work and play in our beautiful state. We are fortunate to have a diversity of strong industry sectors…

Legislative Update

The recent legislative session was the longest ever, and for many, the most difficult in memory. Lawmakers failed to reach an agreement on a capital budget. This is unprecedented, and, depending on how long it takes to finally pass the budget, will have far-reaching and disruptive impacts on the lives of Washington residents, on our communities and businesses, and on Commerce. Most projects currently underway will continue, thanks to a…