DOING BUSINESS IN WASHINGTON

Washington State Department of Commerce
206-256-6100
info@choosewashington.com
choosewashingtonstate.com

Doing business in Washington

Washington has a global reputation for bold innovation. As we look to the future, we are investing heavily in clean technologies, sustainable fuels, artificial intelligence and emerging clusters that will shape the world for generations to come.

— Mike Fong, Director,
Washington State Department of Commerce
Doing business in Washington
The Seattle skyline, with views of Mount Rainier in the distance (Photo: Choose Washington)

  TARGETED GROWTH SECTORS

ICT: Washington is home to cutting edge research centers and more than 100 international tech companies, including Amazon, Expedia, T-Mobile, and Microsoft.


Clean Tech: Washington’s clean energy sector employs approximately 90,000 scientists, researchers, technicians, and other workers, backed by more than $200 million in venture capital.


Aerospace: With more than 1,300 aerospace-related companies, Washington’s supply chain is the largest in the United States. Washington’s aerospace industry specializes in aerostructures, composites, advanced materials, avionics, and much more.

  TOP PROJECTS

COMPANY
LOCATION
INVESTMENT
BP Cherry Point Refinery
Cherry Point
$1.5 billion
IonQ
Bothell
$1 billion
Atlas Agro
Richland
$1 billion
SkyNRG
Eastern Washington
$800 million
ATI
Richland
$111 million

FEATURED LOCATIONS

City of Richmond Office of Business & Economic DevelopmentThe City of Richland is home to the Northwest Advanced Clean Energy Park and the first Targeted Urban Area in the state. The perfect location for advanced manufacturing and clean energy businesses, the city’s one-stop shop for planning, permitting, and power connection creates a streamlined process for new development.

  FAST FACTS

Population (July 2022 est.): 7,785,786¹
Largest Cities (2020): Seattle (738,172); Spokane (228,850); Tacoma (219,383); Vancouver (191,071); Bellevue (151,839)¹
Real GDP (2022): $582.2 billion²

¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce

  STATEWIDE PROGRAMS

Job Skills Program: This state program enables employers to partner directly with technical colleges to develop fully customized training solutions.

Sales and use tax deferral for clean tech projects: This new incentive provides a deferral or reduction of up to 100% of sales and use taxes for eligible investments in clean technology projects.

  TOP BUSINESS FACILITIES RANKINGS

#1 Aerospace/Defense
2023 State Rankings
#3 Green Jobs
2023 State Rankings
Top 5 Broadband Access
2023 State Rankings
Top 10 Best Business Climate
2023 State Rankings
Top 10 EV Charging Infrastructure
2023 State Rankings
#2 Tech Talent Leaders: Seattle
2023 Metro Rankings
#3 Housing Growth (Small Cities): Bellevue
2023 Metro Rankings
Top 5 Life Sciences Growth: Seattle
2023 Metro Rankings
Top 10 Top Container Ports (By TEU): Tacoma/Seattle
2023 Metro Rankings
Top 10 Agribusiness: King County
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

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