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Skagit Insight: February 2017

2017 Skagit Business Guide & Investor Directory

The 2017 Skagit Business Guide is now available. This annual guide is produced by Skagit Publishing and features extensive information about Skagit County, business profiles, and an EDASC Investor Directory. Contact EDASC to receive hard copies of the guide. In addition to the print guide, EDASC Investors are also featured in the online Investor Directory. Investors can provide updates for the online directory at any time. Contact EDASC to update your profile or to inquire about becoming an EDASC Investor member. 

 

 

 

EDASC to Promote Skagit County at JEC World International Composites Event
 

EDASC will participate in the Washington State delegation to JEC World 2017, the largest international gathering of composites professionals, which will take place from March 14-16 in Paris, France. This annual trade show is the most comprehensive international event focused on the complete composites value chain, connecting end-users, researchers, engineers, manufacturers, designers, educators and investors.

With advanced composites a significant and growing component of Washington and Skagit County’s economy, JEC will present opportunities to promote local manufacturers and businesses in the composites value chain to potential international partners, and to introduce Skagit County to global manufacturers and research institutions as an ideal location in Washington State and the United States for composites manufacturing and R&D activities. Read more on the EDASC website. 

 

 

 

NorthwestTAAC “Made In America” Grants

The Northwest Trade Adjustment Assistance Center has announced that grant funds of up to $75,000 are available for companies in the tradable sector (manufacturing and some agriculture and services). Over many years, the federal TAA for Firms program has been an effective business retention tool for companies facing import competition. NorthwestTAAC operates the program in Washington and is funded through the U.S. Economic Development Administration. Any company that is experiencing a loss of business due at least in part to import competition may qualify. Visit the NorthwestTAAC website for more information. 

 

 

 

Reflections from the IEDC Leadership Conference 

By John Sternlicht, EDASC CEO

 

It was my privilege to represent EDASC and Skagit County at the annual Leadership Conference of the International Economic Development Council (IEDC), the world’s leading professional association for economic developers. The conference welcomes CEOs of economic development organizations, certified economic developers (CEc.D’s), and IEDC Board members — so it’s a triple for me. The programming at the event tends to bring lots of great tips and opportunities to talk with colleagues who face some of the same challenges as we do. Read more on the EDASC website. 

 

 

 

A Successful Economic Forecast Dinner

On January 26, 450 people from an array of industries and organizations joined us for the annual Economic Forecast Dinner. EDASC CEO John Sternlicht presented a year-in-review of organization accomplishments and a look forward to the 2017 EDASC Business Plan. Read more about the evening in the Skagit Valley Herald article “EDASC Making Good on Strategic Plan Promises

We extend a special thank you to keynote speaker Craig Fehr of Edward Jones, the evening’s event sponsors, raffle donors, volunteers, and all of the guests for making this an engaging evening!  View a photo gallery from the 2017 Economic Forecast Dinner. 

 

 
 
 
 

 

 

 

Skagit County Economic & Employment Data Update

According to the Washington State Employment Security Department (ESD), the total labor force in Skagit County was 58,679 in December 2016 (not seasonally adjusted), a slight decrease from November 2016 but up 2.3% (1,315 jobs) over the year.  Skagit County’s unemployment rate (not seasonally adjusted) in October 2016 was 6.8% (preliminary), an increase from 6.5 percent in November but a decrease from the 7.0% unemployment rate in December 2015.  This is higher than the state’s unemployment rate of 5.2% (seasonally adjusted) and the national unemployment rate of 4.7% (seasonally adjusted).  The largest number of new unemployment claims were filed by people in construction-related occupations. 

More detailed information on current employment in Skagit County is available through ESD, the Northwest Workforce Council, and EDASC’s website.

 

 

Skagit County In the News

Sedro-Woolley company has technology that will change dairy farming

‘Incubator’ trains immigrants to be Skagit Valley’s next family farmers

Burlington company attracting beer, whiskey makers worldwide

Gov. Jay Inslee tours Skagit Valley College

Skagit Valley’s Erin Benzakein shares flower advice in her first book

MBA students get their hands dirty, help brand Skagit Valley

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