Published January
2001
County
will benefit
from EDC plan
How
Snohomish County develops its economy will be determined in great measure
by the kind of new businesses that move here. That’s why the Snohomish
County Economic Development Council has launched a five-year plan to attract
the types of enterprises that will bring clean industry, living-wage payrolls
and community-involved executives to our area.
Because the county
already has many of those types of businesses, the EDC feels the chance
of adding to those numbers is high. Winning enterprises like to be close
to other winning enterprises, particularly high-tech and biotech firms,
primary targets of the EDC effort.
Already, the EDC
has raised more than half of its $3.5 million goal for the five-year plan,
which would generate a budget of $700,000 a year for the public-private
partnership.
Snohomish County
government has contributed $100,000, and both the Port of Everett and
Paine Field have pitched in with $50,000 each, while private industry
partners in the EDC have contributed their own shares.
The campaign is important
to the county’s economy and to its image. No longer simply a place for
King County employees to live, Snohomish County has a well-developed economy
of its own that is attracting companies from other areas, particularly
King County, where land is becoming more scarce and leasing costs more
expensive.
If the EDC campaign
is successful, it could lead to 4,000 new jobs, each paying a “living
wage” of $38,000 to $43,000 a year, EDC President Deborah Knutson said,
adding that biotech will be among the first companies targeted by the
new marketing effort.
The director of the
Fred Hutchinson Cancer Research Center in Seattle, Lee Hartwell, told
those who attended the EDC’s annual meeting in November that biotechnology
can be an important economic source.
He said a half-dozen
companies, including Immunex, with facilities in both Seattle and Bothell,
have been spawned from research work at the Hutchinson Cancer Center,
a trend in the biomedical field that could affect Snohomish County’s economy
even more in the future.
Hartwell said these
companies will need more affordable land for new and expanded offices,
and the younger workers and families involved in biotech companies will
be looking for quality housing and schools.
The EDC’s campaign
is aimed at attracting exactly those types of businesses, workers and
families. Much of the council’s work will be focused on simply letting
more people know about the advantages of being in Snohomish County.
The county’s story
has not been well told to enough people, a shortcoming that can be overcome
by a larger budget, more staff and a coordinated plan of action.
Now, the EDC, thanks
to Knutson’s leadership, the hard work of an experienced staff and leadership
support from the EDC board of directors, is in an excellent position to
capitalize on the benefits of attracting high-quality business to Snohomish
County.
Realistically, of
course, every new business won’t be a bio-tech or high-tech business with
high salaries. The campaign is aimed, however, at increasing the chances
that a larger number of new businesses will be in those categories than
if the county had no active recruiting effort.
While the campaign
will target such firms, the increased publicity about the county’s assets
will lead to an increasing number of retail, contracting and distribution
companies, such as Food Services of America, a Kent-based firm that saw
a site in Everett as the solution to many of its food distribution challenges,
such as traffic congestion in King County that made it difficult to accomplish
FSA’s deliveries efficiently.
With more workers
will come more stores, more light manufacturing and more schools. With
more payrolls of all sizes will come more tax revenues for public needs.
With more people will come more community leaders.
Considering all of
the benefits of the EDC’s detailed and well researched five-year plan,
it’s good for the people of Snohomish County that there is such a high
caliber of leadership within the EDC. These are people who care about
the county, not just about their own individual businesses or enterprises.
And public agencies are involved, too, because they, like the business
community, also will benefit greatly.
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2001 Main Menu