{"id":246454,"date":"2022-04-25T21:25:13","date_gmt":"2022-04-26T01:25:13","guid":{"rendered":"https:\/\/chiefexecutive.net\/?page_id=246454"},"modified":"2025-02-18T15:35:55","modified_gmt":"2025-02-18T20:35:55","slug":"washington","status":"publish","type":"page","link":"https:\/\/chiefexecutive.net\/best-worst-states-business\/washington\/","title":{"rendered":"Washington"},"content":{"rendered":"\t\t
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CEO Guide to Site Selection<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Washington<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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EVERGREEN GROWTH<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Although tech and aviation remain bedrock sectors in the state, Washington is continually growing its green economy with investments in sustainability and new energy sources. In September 2024, the Washington State Department of Commerce
announced 46 grants and more than $37 million to support energy planning, design and construction projects throughout the state. The quantum computing industry is also growing here. IonQ, a leading quantum computer company, opened its first
quantum computer manufacturing facility in Bothell in early 2024 and plans to invest more than $1 billion in the region over the next decade.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\u201cMy transition team\nincludes Washingtonians\nof both parties from every\nregion of the state. I\u2019m\nexcited to work with anyone\nwho shares my passion to\nimprove government, protect Washingtonians\u2019 rights\nand move our state forward.\nI\u2019m focused on public\nsafety, housing and making\nit more affordable to raise\na family in Washington.\u201d\n<\/div>\n\t\t\t\n\t\t\t\t\t\t
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Bob Furguson<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
Governor<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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TAXES<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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No corporate income tax<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t#<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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on the Tax\nFoundation\u2019s State Tax\nCompetitiveness Index<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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EDUCATION<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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of adults 25 years of age and older graduated high school<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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of adults age 25 and older have a bachelor\u2019s degree or higher<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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UNEMPLOYMENT RATE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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RIGHT TO WORK STATE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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No<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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QUALITY OF LIFE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t#<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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POPULATION GROWTH<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t%<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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increase between\n2020 and 2023\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\u201cAs we planned our expansion, the Seattle area was\nan ideal option for our new facility. We\u2019re excited to be\namong the other innovative companies who call Seattle\nhome, many of which are IonQ partners and customers.\u201d \n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tPeter Chapman<\/span>President and CEO, IonQ<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\u201cThe extensive knowledge and experience of the\nCentralia community, coupled with Washington\nstate\u2019s leadership on clean energy innovation, are key\nto the success of First Mode\u2019s work.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tJulian Soles<\/span>CEO, First Mode<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\u201cWe celebrate this milestone today with our industry\npartners, customers, community leaders and employees who are crucial in supporting this advancement in technological innovation and that of the\nlocal Spokane economy.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tMatt Maurer<\/span> Former Vice President and General Manager, Landing Systems<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tKEY INCENTIVES\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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CERB:<\/strong> The Community Empowerment Revitalization Board provides low-cost financing for public facility improvements, such as access road maintenance and sewer and water line extensions, to foster private development.<\/p>

Job<\/strong> Skills<\/strong> Program:<\/strong> Offers a competitive grant for an average of $1,200 per trainee to help employers partner with community and technical colleges on training solutions.<\/p>

Sales and Use Tax Exemption on Equipment: <\/strong>Offers a sales and use tax exemption for machinery and equipment used directly in a manufacturing or R&D operation for savings that amounts to 6.5% plus the local rate.<\/p>

Sales<\/strong> and<\/strong> Use<\/strong> Tax<\/strong> Deferral<\/strong> for<\/strong> Clean<\/strong> Tech<\/strong> Projects:<\/strong> Offers a deferral and possible reduction of up to 100% of sales and use taxes for eligible investments in clean technology projects and renewable energy storage, as well as production facilities for clean fuel and hydrogen.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Washington State Department of Commerce<\/b><\/h5>

choosewashingtonstate.com\/about-us<\/p>

Seattle Office of Economic Development<\/b><\/h5>

seattle.ecdev.org<\/p>

Thurston Economic Development Council<\/b><\/h5>

thurstonedc.com<\/p>

Advantage Spokane<\/b><\/h5>

advantagespokane.com<\/p>

Make it Tacoma<\/b><\/h5>

makeittacoma.com<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tHIGHLIGHTED PROGRAM OR INITIATIVE\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The American Aerospace Materials Manufacturing Center (AAMMC) was named a regional tech hub in the fall of 2023. It is one of 31 hubs designated nationwide vying for up to $70 million from the U.S. Economic Development Administration. The AAMMC Tech Hub will create a world-class test bed for advancing high-rate manufacturing techniques for next-generation aerospace materials and parts. It will
be located in the Spokane-Coeur d\u2019Alene region.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tBIG DEALS\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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  • Atlas Agro, a manufacturer of low-carbon nitrogen fertilizers, announced intent in March 2024 to build a $1.1 billion carbon-free fertilizer production plant,
    the first of its kind, in Richland.<\/li>
  • Rockwool signed an agreement in March 2024 to build a $175 million manufacturing facility and create 125 jobs in Walla Walla County.<\/li>
  • SkyNRG announced plans in May 2024 to locate a major new biogas plant in Walla Walla County.<\/li>
  • Sana Biotechnology completed construction of its Bothell facility in August 2024 and expects to spend more than $500 million increasing capability at the
    new building.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    \n\t\t\t\t\t\t\n\t\t\t\t\t\t\tBIG COMPANIES\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Seventeen Fortune 500 companies headquartered in state, including:<\/p>

    • Amazon<\/li>
    • Costco<\/li>
    • Microsoft<\/li>
    • Starbucks<\/li>
    • Paccar<\/li>
    • Coupang<\/li>
    • Nordstrom<\/li>
    • Expedia Group<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

      CEO Guide to Site Selection Washington EVERGREEN GROWTH Although tech and aviation remain bedrock sectors in the state, Washington is continually growing its green economy with investments in sustainability and new energy sources. In September 2024, the Washington State Department of Commerceannounced 46 grants and more than $37 million to support energy planning, design and […]<\/p>\n","protected":false},"author":965,"featured_media":0,"parent":59194,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-246454","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nWashington<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chiefexecutive.net\/best-worst-states-business\/washington\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Washington\" \/>\n<meta property=\"og:description\" content=\"CEO Guide to Site Selection Washington EVERGREEN GROWTH Although tech and aviation remain bedrock sectors in the state, Washington is continually growing its green economy with investments in sustainability and new energy sources. 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