• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Washington Resources Page
Inward Investment Guides

Auto/Aero Firms Redrawing the Map

Dale D. Buss, Staff Editor,  (Q2 2015)
Strong sales in the auto industry and a rebounding aerospace sector are spurring new facility/expansion projects in legacy as well as new locations. More

Expanding the Cloud: The Top Data Center Markets in North America

Area Development Online Research Desk (Data Centers 2015)
The data center market is seeing high demand and low price. The competitive pricing is due in part to the large number of options available, yet the industry is expected to enjoy 32 percent growth in North America by 2016, ultimately becoming a $14.8 billion market. More

The Mystery Impact of Data Centers on Local Economies Revealed

John Lenio, Economist and Managing Director, Economic Incentives Group (EIG), CBRE  (Data Centers 2015)
Although they do not create as many permanent jobs as other types of projects, capital investment in data centers can be quite substantial, justifying large incentives offerings. More

Regional Report: A Unique Focus on Business Expansion in the Pacific States

Karen Thuermer (Directory 2015)
California is applying unique approaches to economic development programs in order to encourage in-state development while the other Pacific States are leveraging their unique geographic and market positions to focus on aerospace, clean tech and exports growth. More

Urban vs. Suburban: Which Location Will Allow Your Company to Grow?

Julia Georgules, Vice President, Associate Director of Office Research, JLL (Q4 2014)
The key to urban vs. suburban or balancing millennial interests and boomer practicality is deciding which location and workplace strategy will accommodate growth. More

Revolutionary Advances in Life Sciences amid Industry Disruption and Uncertainty

Mark Crawford (Q4 2014)
Major economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share. More

Automotive Lightweighting Leads to Industry Investment

Joshua Cregger, Project Manager, Center for Automotive Research (Advanced Industries 2014)
New fuel economy and greenhouse gas regulations are leading to the demand for new materials as well as new manufacturing and design methods to lightweight vehicles. More

The Production and Corporate Headquarters Connection

John Minervini, Executive Director, Cushman & Wakefield of California, Inc. (Q2 2014)
In many key sectors, the initial alignment of corporate and production operations has shaped regions and influenced the industrial landscape in a very permanent way. More

WASHINGTON at a glance

POPULATION:6,968,200 (State Office of Financial Management - April 2014)

LABOR FORCE: 3,484,200 (Washington State Employment Security-Aug. 2013)


KEY INDUSTRIES:Aerospace, information and communication technology, clean technology, life sciences/ global health, forest products, value-added agriculture, food processing, marine technology, military and defense

EXPANDING INDUSTRIES: Advanced manufacturing, composites, biotechnology, clean energy, electronics, telecommunications, software, international trade services, maritime, scientific instruments, machinery, value-added agriculture

COLLEGE GRADUATES: (Age 25 and over) 31%

Washington State has no corporate or personal tax on income, and no capital gains tax.

Business and Occupation Tax: Washington imposes this tax on most businesses; it is based on gross receipts and there are few deductions available; the rate for manufacturers, distributors, and wholesalers is 0.484 percent; the rate for retailers is 0.471 percent; services are now subject to a uniform B&O tax rate of 1.5 percent; other B&O tax rates vary.

Sales and Use Tax: Sales tax must be collected on retail sales of tangible personal property, as well as cleaning, repairing, altering, or improving real property and tangible personal property, including labor charges; use tax is due on the value of tangible personal property used in the state on which retail sales tax has not been paid; exemptions include groceries and prescription drugs; the state sales tax is 6.5 percent; the local rate varies from 0.5 to 3.0 percent depending on the location where the customer receives the goods or the services are performed.

Property Tax: Local tax with rates based on appraised value and varying by location; the average statewide effective property tax is $11.78 ($12.25) per $1,000 of assessed value.


Sales and use tax exemption on machinery and equipment used in manufacturing

Reduced B&O tax rate for aerospace businesses, solar energy systems and components of solar energy manufacturers, timber extraction and biomass fuels

Reduced B&O tax rate for manufacturers of semiconductor materials

B&O Exemption for Manufacturers of Fruit, Vegetables, Dairy and Seafood

Rural county sales and use tax deferral for eligible data centers

Rural county B&O credit for new employees in manufacturing facilities

Sales Tax deferral for warehouse, distribution centers and grain elevators

High Unemployment County Sales & Use tax deferral/Waiver on Construction of Manufacturing Facilities

High technology sales and use tax deferral and exemption and B&O tax credit

Community Empowerment Zone and Enterprise Communities Foreign Trade Zones incentives

Community Economic Revitalization Board and Development Loan funding

Renewable energy incentives

Washington State Job Skills Program


Aerospace (commercial airplanes, UAV/S, space, aviation biofuels)

Clean Technology (power storage/batteries, smart grid)

Maritime (shipbuilding, fish processing)

Life Sciences/Global Health (medical devices)

Information & Communication Technology (cloud computing, software/app development, mobile communications)

Agriculture (food processing)