Post on 07-Apr-2016
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Market Facts2015
The statistical profi le of Snohomish County
Carbon-fi ber composites are revolutionizing
aerospace • 8-9
The Carbon Age
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MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B3
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B4 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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NEWSROOMEditor: Jim davis 425-339-3097; jdavis@heraldnet.com; businessnews@heraldnet.com
Contributing Writers: debra Vaughn, marci dehm
Contributing Editor: Jocelyn robinson
PublisherJosh o’connor425-339-3007joconnor@soundpublishing.com
COVER PHOTOmesh made from carbon fiber composites / Thinkstock
ADVERTISING SAlESJody Knoblich425-339-3445 — fax 425-339-3049jknoblich@heraldnet.com
SUBSCRIPTIONS425-339-3200 www.theheraldbusinessjournal.com
CUSTOMER SERVICE425-339-3200 — fax 425-339-3049customersvc@heraldnet.com
send news, op/ed articles and letters to: The herald Business Journal, P.o. Box 930, everett, Wa 98206, or email to businessnews@heraldnet.com. We reserve the right to edit or reject all submissions. opinions of columnists are their own and not necessarily those of The herald Business Journal.
COVER STORYBoeing’s new Composite Wing Center underscores importance of carbon fiber composites, Pages 8-9
BUSINESS NEWSKUKA Aerospace opens its robotics factory in Everett . . . . .10
Have rental rates hit the ceiling or will they continue to rise . . . . . . . .14-15
From the Boeing vote to legal pot: A look back at 2014 . . . . . . . . . . . .18-20
STATISTICAl SNAPSHOTS
Listing of banks with Snohomish County branches . . . . . . . . . . . . .22
Snohomish County home sales and prices, 2011-2014 . . . . . . . . .23-24
Occupational wages for Seattle-Bellevue-Everett . . . . . . . . . . 25-27
Snohomish County aerospace companies . . . . . . . . . . . . . . .27-29
Seattle metro area unleaded fuel prices . . . . . . . . . . . . . . . . . . . . . 29
Snohomish County’s largest employers . . . . . . . . . . . . . . . . . 30
Snohomish County unemployment rates, 2011-2014 . . . . . . . . . . . . 30
WhaT’s inside markeT facTs 2015
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B5
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By Jim DavisThe Herald Business Journal Editor
EVERETT — It’s the top capital pri-ority for Washington State University in this upcoming legislative session: A $61.1 million academic building in north Everett.
The four-story, 95,000-square-foot structure would be the new home for the University Center and a lasting, physical presence for WSU in the community.
“I think the building we’re planning is really going to be a gem in the com-munity,” said Paul Pitre, dean of WSU North Puget Sound.
It would also serve as a concrete com-mitment for the community, which has been pursuing a four-year, research uni-versity for decades, said Bob Drewel, interim chancellor for WSU North Puget Sound.
“That transcends hope,” Drewel said. “That’s reality.”
Add on a $4.5 million request to expand programs in Everett and it makes for an important legislative session for both WSU and the region.
It will be a difficult session, because the Legislature is already looking for more money to pay for K-12 education, part of the demands of the McCleary decision.
Drewel said he understands that. He adds that the Legislature always has a demanding job finding money for com-peting priorities. But he said it would be folly to consider K-12 in isolation of higher education.
He also notes that the state made a commitment to Boeing in the process of placing the 777X in Everett to provide machinists, engineers and mechanics for the aerospace industry.
“That’s something that is very, very
important,” Drewel said.A telling sign is coming at the end of
December when Gov. Jay Inslee releases his capital budget. Lawmakers in the Sen-ate and House will release their versions in the session.
Everett has sought a university for years, first when lawmakers looked to place what would eventually become University of Washington Bothell.
More recently, city, county and state leaders thought the UW would build a branch campus somewhere in the county. But UW retreated amid infighting among civic leaders on a location and the
feared cost of construction a new college. In stepped WSU under the leadership
of President Elson Floyd.In 2012, the university started offer-
ing classes for a mechanical engineering degree through the University Center, a collaboration of public and private col-leges based on the campus of Everett Community College.
This fall WSU launched bachelor’s degree programs in electrical engineer-ing, communications and hospitality-business management.
For years, Everett Community College managed the consortium, which includes the University of Washington, Western Washington and Central Washington universities. On July 1, the community college transferred control to WSU.
Conversations for the new Univer-sity Center building began in 2012. Last year, WSU received $10 million in state funding to design the facility, planned for a chunk of land that is now part of the parking lot at the College Plaza shopping center, near the corner of North Broad-way and Tower Street.
In the upcoming legislative session, WSU is asking for $4.5 million to launch four new programs offering 10 majors. Those programs are aviation manage-ment and aviation maintenance manage-ment; data analytics; software engineer-ing; and sustainable food systems.
Central Washington University already offers the aviation program at its campus
in Ellensburg, but would expand to offer classes for up to 30 students in Everett. Data analytics and software engineering would offer choices for students seek-ing STEM courseloads. Sustainable food systems would dovetail with existing pro-grams already being offered at Edmonds Community College and Skagit Valley College in Mount Vernon.
“I think people in the three county region should anticipate each and every program has substantial thought behind it,” Drewel said. “It has a purpose and a reason for its delivery.”
The University Center currently teaches about 400 students. If the new programs are added, the University Cen-ter would add another 100 or more, Pitre said.
And that’s part of the need for the new building. They’re already running into space issues in their borrowed home at the EvCC campus. The new building will include 12 classrooms and 10 labo-ratories. It will have a small space for a café and another area set aside for public gatherings.
It will be vital for the science, tech-nology, engineering and mathematics courses the university intends to offer.
“I think the importance to WSU is the ability to have the types of facilities that we need to have to offer these top-notch engineering programs,” Pitre said.
If the Legislature approves the project, construction could start as soon as next year with an open date in 2017. Its loca-tion near EvCC’s new Advanced Manu-facturing Education & Training Center is ideal. They’re also considering how the WSU North Puget Sound can grow into the future.
“We are looking at opportunities at this moment to go forward in that regard,” Drewel said.
6 The herald Business Journal markeT facTs 2015
higher educaTion news
SRG ARchitectS
Washington State University is asking for $61.1 million from the Legislature to build a new home for the University Center in north Everett.
Creating a ‘gem in the community’WSU makes new University Center top capital priority
“I think the importance to WSU is the ability to have the types of facilities that we need to have to offer these top-notch engineering programs.”
— Paul Pitre
B6 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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By Debra VaughnFor The Herald Business Journal
Take a drive down Highway 526 and look north toward the cranes and trucks and workers building the future of not only Boeing but an entire region.
Contractors are creating a new 1.3 million-square-foot factory where Boeing workers will eventually fabricate airplane wings for a new family of twin-aisle air-planes called the 777X.
The new plane marries the technol-ogy of the popular 777 with the material advances of the fuel-efficient Dreamliner. When the first 777X rolls off the factory floor sometime around 2020, it will be the largest and most efficient twin-engine jet in the world.
That efficiency largely comes from the wings that will be fabricated from a super light and strong carbon fiber composite
material. At a groundbreaking ceremony, Boeing chief executive officer Ray Con-ner called them “the most phenomenal wings in the world.” He said the compos-
ite wings would take Boeing into the next century.
A lot of the future is riding on those wings.
The Composite Wing Center secures a future for Boeing in Everett and all that comes with it: good-paying jobs, tax rev-enue and the pump of steady paychecks into the local economy.
Boeing declined to say exactly how many jobs the new 777X will cre-ate but did say that it would increase employment on the 777 group by 10 percent.
Boeing’s move toward more advanced manufacturing techniques sets the stage for other companies to cluster here.
For instance, KUKA Aerospace, a divi-sion of the largest robotics companies in the world, just opened a facility near Boe-ing and is on tap to create the automated system that will build the fuselage of the 777X.
“We have a renewed confidence this industry will be here for a minimum of the next few decades,” said Alex Pietsch, director of the state Office of Aerospace. “The decision to build the 777X here will interest companies around the world who want to be here and make investments.
“Companies already here are expand-ing as they ramp up to meet increased
8 The herald Business Journal markeT facTs 2015
cover sTory
Genna marTin / The herald
Jacob Bruns repairs a piece of carbon fiber composite with a honeycomb core during an Everett Community College class. Carbon fiber composites are being used more in manufacturing including in aerospace.
Material of the momentAerospace relying on strong, light carbon fiber composites
file phoTo
Construction of the new facility that will build carbon-fiber composite wings of the 777X in Everett is already ahead of schedule.
B8 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B9
production rates. It’s exciting.”When the Composite Wing Center is
complete, it will hold automated equip-ment that fabricates the components of the 235-foot wings: the wing spars, wing skins and stringers.
Equipment will wind carbon fiber lay-ers around a form and then the parts will be cured in 120-foot-long autoclaves. The components will then be assembled elsewhere in the Everett site.
Carbon-fiber composites are prized for a high strength-to-weight ratio.
They don’t easily fatigue like metal or corrode. They’re easy to mold and shape and bonded structures are smoother and more aerodynamic than those that are riveted.
On the downside, carbon-fiber com-posites require special storage and han-dling and expensive equipment to cre-ate. They require a skilled work force to create and repair. And composites are expensive.
There’s an incredible demand beyond Boeing for skilled workers who know how to fabricate and repair composites, said Patrick Murphy, an instructor for Everett Community College’s Advanced Manufacturing Technology Composites program.
By his own audit, as many as 180 com-panies in the county manufacture or in some way work with composites in indus-tries such as aerospace, marine, wind or the military.
The Everett Community College pro-gram regularly has a waiting list for the 20 slots in its program. The program is add-ing another 20 slots.
The use of composite materials isn’t new in many industries.
Manufacturers routinely use compos-ites for bikes, tennis rackets and other sporting goods. Composites in various forms are used in tubs, showers and sinks. Advanced composites are used in boats and aircraft.
BMW opened a plant in Moses Lake in Eastern Washington in 2011 that will provide carbon fiber parts for the i3 and i8 models.
Both models will be assembled in Leipzig, Germany.
The Boeing Co. and the BMW Group announced in 2012 that they had agreed to collaborate on research on carbon fiber recycling.
The companies also said they would share carbon fiber manufacturing process simulations and ideas for manufacturing automation.
Snohomish County is becoming something of a hub for advanced manu-
facturing, which includes carbon-fiber composites, said Troy McClelland, presi-dent of Economic Alliance Snohomish County.
Boeing is spending more than $1 bil-lion dollars on the Composite Wing Cen-ter. Contractors are working at breakneck speed to get the building finished by May 2016.
Production is scheduled to begin the following year with the first aircraft ready for customers in 2020. That’s a tight timeline.
“Customers have told us they need this aircraft in their business cycle,” said Eric Lindblad, vice president of the Wing Integration 777X Program. “We’re on an accelerated timeline.
“We have to build an entire building,
get the equipment installed and start production.”
With so much on the line, easy work-ing relationships with city officials who handle permitting was one factor in deciding to locate production in Everett, he said.
Contractors got a seven week head start after local and state officials worked together to streamline the permitting process.
Another factor was the success-ful approval of an eight-year contract extension with the International Asso-ciation of Machinists and Aerospace Workers District 751 that included an agreement by Boeing to fabricate and assemble the wings of the 777X in the Puget Sound.
Statewide, the composites industry offers the potential for tens of thousands of skilled labor jobs, according to the state Department of Commerce.
State employers engage in com-posites last year employed more than 10,000 workers — that’s up from nearly 8,400 in 2011. That excludes jobs at Boeing.
Boeing and composite supplier Toray Industries pioneered the use of prepreg composites — a combination of high-strength carbon fiber and toughened epoxy resin — in the 1970s. By 1994, assemblies including the empennage and floor beams were being produced for the 777 program.
In 2004, Boeing launched the Dream-liner, which had more composite material than any other commercial airplane.
The 777X is the next iteration. It is expected to boast 12 percent lower fuel consumption and 10 percent lower oper-ating costs than the competition.
That’s appealing to customers who above all else want an aircraft that is effi-cient to operate, said Lindblad, the vice president of the Wing Integration 777X program.
The only ways to affect efficiency are to improve engine performance, design a more aerodynamic aircraft or reduce weight.
The 787 with its higher make up of composites was a quantum leap over its aluminum predecessors, and Boeing learned how to better apply these com-posites, he said.
The company opted to use more com-posite material on the wings of the 777X, rather than the fuselage, because that’s where the strength and lightness of com-posites make the biggest difference in weight.
market facts 2015 the herald Business Journal 9
cover story
Genna martin / the herald
Everett Community College instructor Patrick Murphy (right) estimates that 180 firms in Snohomish County work with carbon-fiber composites..
Genna martin / the herald
Carter Passmore repairs a carbon fiber piece during an Everett Community College Aerospace Composite Certificate class.
Carbon-fiber composites are prized for a high strength-to-weight ratio. They don’t easily fatigue like metal or corrode. They’re easy to mold and shape.
10 The herald Business Journal markeT facTs 2015
manufacTuring news
By Debra VaughnThe Herald
Business Journal
EVERETT — KUKA Aerospace, a division of one of the largest robotics companies in the world, has opened a facility in Everett on Seaway Boule-vard near Boeing.
The company builds
state-of-the-art automated systems and is working with Boeing on manufac-turing technology to build the 777X.
KUKA is creating auto-mated robots that will fas-ten the panels of the fuse-lage together, drill and fill more than 60,000 fasten-ers that are now installed by hand.
KUKA’s arrival is just the beginning of advanced manufacturers that will be drawn to the area to sup-port the more technical production of the 777x line, said Troy McClel-land, president of Eco-nomic Alliance Snohom-ish County.
The robotic system designed by KUKA is
the latest in a series of advanced manufactur-ing changes on the 777 program, which already include new systems for painting wings and other drilling operations.
“You can see this trend toward more advanced technology in the 777X line and this should dem-onstrate a shift in manu-
facturing,” McClelland said. “We’re well posi-tioned for advanced man-ufacturers to take root here.”
McClelland said he’s spoken with a handful of other companies involved in automation, advanced material and composite technology interested in locating here. He didn’t
share names.Snohomish County is
a desirable location for these companies because it offers an existing technology cluster, a tech-nical work force, educa-tion programs at local community colleges and municipal officials ready to work with companies on a smooth transition, McClelland said.
The 29,000-square-foot KUKA facility will serve as a service and maintenance hub close to its customers on the West Coast. The center will employ about 75 people, most of them hired from the local area, according to a prepared statement from the com-pany. KUKA Aerospace, the global aerospace divi-sion of the KUKA Systems Group, is based in Clinton Township, Michigan.
KUKA’s project portfo-lio includes orders from some of the world’s largest aerospace manufacturers to design and build assem-bly systems for commer-cial, business and military aircraft.
This is one of the larg-est projects KUKA has undertaken in the aero-space sector.
When the Boeing 777X twin-aisle passenger jet goes into full production, each fuselage will be built using advanced automa-tion technology developed collaboratively by KUKA and Boeing, according to the company.
Before, a giant lathe-like machine turned the fuse-lages, and workers stood inside and out, drilling and filling. KUKA’s new technology allows machines to drill from above, which saves time and is expected to improve worker safety.
More than half of all injuries on the 777 pro-gram occurred during the phase of production that will be automated, accord-ing to a statement from Boeing.
The 777 program is testing the technology, known as Fuselage Auto-mated Upright Build, in Anacortes. The system will be installed in Ever-ett in a new portion of the main factory now under construction.
Robotics factory opens in Everett
B10 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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everettuc.org
WSU is proud to be part of the Everett University Center
We’re closer than you think.EVERETT.WSU.EDU
ElEctrical EnginEEring
Hospitality BusinEss ManagEMEnt
intEgratEd coMMunication
MEcHanical EnginEEring
WSU North Puget Sound at Everett offers bachelor’s degree completion programs in:
Wsu nortH pugEt sound at EvErEtt Get a bachelor’s degree from Washington State University
right here, closer to home.
WSU is working closely with its academic partners, community leaders, and the legisla-ture to explore expanding the academic offer-ings at EUC and WSU North Puget Sound at Everett. “We are asking the legislature to sup-port up to 10 new academic program options for students; all connected to the job oppor-tunities unique to our area” says Chancellor Drewel. “If approved, new offerings will include aviation managment programs by Central Washington University along with several indi-vidual WSU degree programs covering agricul-ture, data analytics, and software engineering.”
These programs, designed to take advantage of the region’s economic strengths, will add to the already robust set of third- and fourth-year bac-calaureate degree offerings through the EUC.
“We are unique in this state,” says Dean Pitre. “It is only here in Everett where you can earn your AA degree at EvCC or Skagit Valley College or Edmonds Community College, or any community college, and then matriculate at either University of Washington – Bothell, or WSU North Puget Sound at Everett, Western Washington University, CWU, Eastern Wash-ington University, Evergreen State College or Hope International, a private university to take high quality, highly rated third- and fourth-year courses to finish your bachelor’s degree at one of these excellent institutions.”
Washington state University north PUget soUnd at everett
The North Puget Sound is one of the most distinctive regions in our state. Its landscape is filled with picturesque mountains, water, and river valleys where some of the most delicious crops of Washington are grown.
Our region is also the scene of burgeoning opportuni-ties for high paying jobs and economic growth. Home to the most significant manufacturing cluster in the state of Washington, the region is also known for its high concen-tration of technology-based jobs – second only to King County in the state.
To further advance these strengths in agriculture, manufacturing, and high tech, residents of this region also have one-of-a-kind higher education choices like never before.
Washington State University is now the manager of the Everett University Center, a consortium of institutions who have come together for higher education delivery. The EUC offers the third- and fourth-year in-struction in baccalaureate degree programs for those interested in receiving their educa-tion and then working here at home.
“Never has there been such a wide array of educational opportunities for students here in North Puget Sound,” says Bob Drewel, Chan-cellor of EUC and WSU North Puget Sound at Everett. “Because of the hard work of this commu-nity, civic leaders and partners, the support of the legislature, and the commitment of WSU, students have more choices to seamlessly transfer from a local community college and earn four-year degrees that can lead to high paying jobs vital to our region.”
Gabriel Valea (pictured right), is proof of the value of this unique approach to higher education that benefits students who need options in the college experi-ence. “I am excited to earn my WSU degree here in Everett, “ says Gabriel. “The campus, co-lo-cated on the Everett Community College campus, fits my preferred learning style. I want a campus that is more intimate, smaller in size, and where I know my professors and they know me. I have confidence that I will be able to take my mechanical engineering degree to the next level when I graduate: finding a great job here in the area.”
“Gabriel’s story is an example of the benefits of having four-year degree options here in Everett,” says Paul Pitre, academic dean of EUC and WSU North Puget Sound at Everett. “Gabriel is thriving because of the relationships he has developed with his professors and fellow students. He is experiencing a world-class education that prepares him to be ‘job-ready, day one’ when he graduates with his WSU diploma.”
“I am grateful that I am earning my degree in an educational setting that best fits me,” says Gabriel. “I feel at home at WSU North Puget Sound at Everett because literally, I am home, a place I enjoy, where I want to work, and where I want to stay.”
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B13
everettuc.org
WSU is proud to be part of the Everett University Center
We’re closer than you think.EVERETT.WSU.EDU
ElEctrical EnginEEring
Hospitality BusinEss ManagEMEnt
intEgratEd coMMunication
MEcHanical EnginEEring
WSU North Puget Sound at Everett offers bachelor’s degree completion programs in:
Wsu nortH pugEt sound at EvErEtt Get a bachelor’s degree from Washington State University
right here, closer to home.
WSU is working closely with its academic partners, community leaders, and the legisla-ture to explore expanding the academic offer-ings at EUC and WSU North Puget Sound at Everett. “We are asking the legislature to sup-port up to 10 new academic program options for students; all connected to the job oppor-tunities unique to our area” says Chancellor Drewel. “If approved, new offerings will include aviation managment programs by Central Washington University along with several indi-vidual WSU degree programs covering agricul-ture, data analytics, and software engineering.”
These programs, designed to take advantage of the region’s economic strengths, will add to the already robust set of third- and fourth-year bac-calaureate degree offerings through the EUC.
“We are unique in this state,” says Dean Pitre. “It is only here in Everett where you can earn your AA degree at EvCC or Skagit Valley College or Edmonds Community College, or any community college, and then matriculate at either University of Washington – Bothell, or WSU North Puget Sound at Everett, Western Washington University, CWU, Eastern Wash-ington University, Evergreen State College or Hope International, a private university to take high quality, highly rated third- and fourth-year courses to finish your bachelor’s degree at one of these excellent institutions.”
Washington state University north PUget soUnd at everett
The North Puget Sound is one of the most distinctive regions in our state. Its landscape is filled with picturesque mountains, water, and river valleys where some of the most delicious crops of Washington are grown.
Our region is also the scene of burgeoning opportuni-ties for high paying jobs and economic growth. Home to the most significant manufacturing cluster in the state of Washington, the region is also known for its high concen-tration of technology-based jobs – second only to King County in the state.
To further advance these strengths in agriculture, manufacturing, and high tech, residents of this region also have one-of-a-kind higher education choices like never before.
Washington State University is now the manager of the Everett University Center, a consortium of institutions who have come together for higher education delivery. The EUC offers the third- and fourth-year in-struction in baccalaureate degree programs for those interested in receiving their educa-tion and then working here at home.
“Never has there been such a wide array of educational opportunities for students here in North Puget Sound,” says Bob Drewel, Chan-cellor of EUC and WSU North Puget Sound at Everett. “Because of the hard work of this commu-nity, civic leaders and partners, the support of the legislature, and the commitment of WSU, students have more choices to seamlessly transfer from a local community college and earn four-year degrees that can lead to high paying jobs vital to our region.”
Gabriel Valea (pictured right), is proof of the value of this unique approach to higher education that benefits students who need options in the college experi-ence. “I am excited to earn my WSU degree here in Everett, “ says Gabriel. “The campus, co-lo-cated on the Everett Community College campus, fits my preferred learning style. I want a campus that is more intimate, smaller in size, and where I know my professors and they know me. I have confidence that I will be able to take my mechanical engineering degree to the next level when I graduate: finding a great job here in the area.”
“Gabriel’s story is an example of the benefits of having four-year degree options here in Everett,” says Paul Pitre, academic dean of EUC and WSU North Puget Sound at Everett. “Gabriel is thriving because of the relationships he has developed with his professors and fellow students. He is experiencing a world-class education that prepares him to be ‘job-ready, day one’ when he graduates with his WSU diploma.”
“I am grateful that I am earning my degree in an educational setting that best fits me,” says Gabriel. “I feel at home at WSU North Puget Sound at Everett because literally, I am home, a place I enjoy, where I want to work, and where I want to stay.”
1188650
B14 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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Herald Market FactsDecember 20149.833“ by 6.292“
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By Marci DehmFor The Herald Business Journal
Commercial and residential rental rates have been strong in the Puget Sound region over the last year.
But can they continue in that trend? And what about Snohomish County in particular?
Brent Jackson, vice president of the brokerage group Jones Lang LaSalle in Seattle, works primarily in the industrial commercial lease and sale market. He knows the Snohomish County market, well, particularly those areas around Lyn-nwood and in the Seaway industrial zone in Everett.
“Over the last two to three years, the general trend for industrial space in the north end market has been in a positive direction,” Jackson said. “It has moved to lower vacancy rates and more demand and more deals getting done as well as the resultant increase in rental rates.”
Unless there is an unforeseen down-turn in the aerospace market or the gen-eral economy, Jackson believes the Sno-homish County industrial rental market is in pretty good shape for quite a while.
A key move in this industry occurred in April 2014 when Boeing signed leases on
nearly 300,000 square feet of office space in Bothell in order to house those office workers displaced when old buildings were torn down to begin construction on Everett’s new wing plant.
“Obviously it was a great boon for Bothell,” Jackson said. “Most of those leases are for three to five years so there is a little bit of speculation as to what they might do at the end of those lease terms.”
Prior to Boeing’s move, there had been a number of spaces in the 20,000- to 50,000-square-foot range that had been sitting vacant on the market for quite a while. Suddenly the majority of those spaces were leased, creating an extremely tight local market from a vacancies standpoint.
“At the end of the third quarter, our metrics that we track indicate about 5.5 percent vacancy, which is very low,” Jack-son said. “What we are seeing, going into 2015, is that people who want to lease space in that market are going to have a challenge in finding good quality, mod-ern, reasonably priced space.”
The lack of alternatives may force tenants searching for properties in the Woodinville, Bothell, Lynnwood and Everett areas to look further north. That could be good news for north Snohomish County.
Jackson recently had a client looking in the Arlington area simply to get the square footage the company needed. The buildings on available properties in that zone aren’t usually as new or amenity-filled as those found in the Seaway area, he said, and the location not as desirable. But many tenants may be willing to com-promise on their wish list in order to get housed.
14 The herald Business Journal markeT facTs 2015
Mark Mulligan / The herald
Workers add floors to an apartment building under construction at Rucker and Hewitt avenues in Everett. Thirteen hundred apartments are expected to be added in Snohomish County in 2015.
real esTaTe news
Will rising rental rates continue?
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Jackson has also noticed some specu-lative development taking place in the Seaway Center of Everett. Specifically he pointed to the Powder Mill Busi-ness Center being developed by Pana-tonni. The gamble seems to have paid off already for the company.
“They have signed a lease with HDI Landing Gear, which is a new company coming into the market from Montreal that is doing work for Boeing,” Jackson said.
HDI is scheduled to open next year in the 21,000-square-foot space. Many other potential tenants have also shown interest in the 36-acre industrial park.
Another area of the rental market that has been abuzz is the multifamily hous-ing or apartment rental market. The recently reported apartment vacancy rate for the Puget Sound region is 3.8 percent, up only minimally from the 3.6 percent vacancy rate reported for spring 2014. Rents rose 4.7 percent over the past six months and are 8.2 percent higher than they were a year ago.
On the surface, these figures from the Apartment Vacancy Report appear to paint a rosy picture for the industry. But these rent averages are likely to be skewed. Online real estate database Zil-low pointed out in a recent article that the increase in new construction has resulted in premium units that can be rented for a higher price.
Patty Dupre, a principal with Dupre + Scott, noted the same in a recent press release, referring to it as “the skew of the new.” New units simply rent for more money and this distorts overall rent
trends.To better understand the apartment
market, it has to be examined in depth. Matthew Gardner, an economist and principal at Gardner Economics in Seat-tle, has been analyzing the actual stability of the market.
Apartments have been strong, he explained, because when the post-reces-sion credit market began to thaw, the only asset class that banks would touch were apartments. This spurred on developers, especially in the urban areas that had a high demand for residential rental units.
“I think in general we are going to see some stress occurring in the greater Seattle market in the next couple of years purely because we are bringing on a lot of new product,” Gardner said.
He believes Snohomish County should not be significantly touched by such stress because it has a lower development rate. About 1,300 new units are scheduled to come online for Snohomish County in 2015. King County, by contrast, is seeing a projected number of more than 10,000 new units to open next year.
In all, Gardner thinks the apartment market is very buoyant. There are a lot of companies out there looking to develop
and a lot of companies looking to acquire those apartment developments. He believes next year is going to be the same but with a tapering of the rapid growth in rents that has been seen over the last few years.
There is one segment of the residen-tial rental market that is not tracked by any agency. For that reason, any facts or figures on the health of the single fam-ily residential rental market have to be anecdotal.
The sales inventory for single-family homes is still low, which could indicate that fewer people are able to buy homes to convert into residential rental proper-ties. In fact, there may be a trend in the opposite direction.
“It’s an interesting dynamic right now,” said Everett attorney Rob Trickler, presi-dent of the Washington Rental Owners Association, All County Evictions and the Landlord Law Group.
He has seen a number of landlords sell their residential rental properties in response to the demand for single-family homes. Many were reluctant landlords to begin with, only renting the properties in order to hang on to them until they had recouped some of their pre-recession
value.These homes are likely to be converted
back into primary residences rather than remain in the rental market. That is not to say that there are not buyers out there looking for an investment property.
“Folks who are buying up rentals are typically well-suited landlords that are now taking advantage of the market turn-ing around to the point where they can get financing and they’re buying stuff that is relatively cheap or foreclosures,” Trick-ler said.
Nevertheless, Trickler is not seeing the kind of rental action he would expect in the county. It’s still financially challenging for many local landlords and some seem reluctant to pull the trigger on difficult tenants even with a low vacancy rate as a safety net.
He also is seeing a reaction in the underside of this market – a room rental trend. This can be people renting a single room in their homes to try and help with the bills, taking in a roommate or some-thing even more complex.
“A lot of people are setting up rooming houses,” Trickler said. “Some legal, some not.”
As for the immediate future of the sin-gle-family home rental market, Trickler suggests keeping an eye on the coming legislative session where rent control is going to be a topic. He believes that if the proposal to take the state prohibition for rent control off the books is successful, it may impact the market negatively.
But short of a crystal ball, Snohomish County will have to wait and see what 2015 brings.
“What we are seeing, going into 2015, is that people who want to lease space in that market are going to have a challenge in finding good quality, modern, reasonably priced space.”
— Brent Jackson
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Herald Business Journal Staff
The economy improved, the unem-ployment rate fell and housing prices started trending up.
The biggest business news in Snohom-ish County in 2014 — as it almost always is — revolved around Boeing.
The year started off with a bang when the Boeing machinists narrowly approved a new contract with the company that cuts benefits but ensured the 777X, and its innovative carbon-fiber wing, would be assembled in the Puget Sound region.
Boeing again captured headlines in February when it announced those wings would be built in Everett.
It wasn’t all rosy for the county: Plans for a Seattle-based shipbuilder to move to the Everett waterfront fell by the wayside.
Add in Washington’s venture into allowing the sale of recreational mari-juana and the impact of Oso in the com-munity and it’s been a busy year.
Here’s a look back the biggest business news for the county last year:
1. Machinists agree to conces-sions to keep 777X assembly in Puget Sound region
The biggest business news happened three days into the new year: Machinists with a 51 percent vote agreed to contract concessions to keep the assembly of the 777X in the Puget Sound region.
Union leadership urged members of
District 751 of the International Asso-ciation of Machinists and Aerospace Workers to vote against the concessions. The leadership said the loss of pensions and higher health care costs was just too much to give to a company making
record profits.The deal secured the future of Boeing
in the birthplace of Boeing for decades to come, said Commercial Airplanes Presi-dent and CEO Ray Conner.
“The future of Boeing in the Puget Sound region has never looked brighter,” Conner said on Jan. 3. “We’re proud to say that together, we’ll build the world’s next great airplane — the 777X and its new wing — right here. This will put our workforce on the cutting edge of com-posite technology, while sustaining thou-sands of local jobs for years to come.”
If the vote had gone the other way, it would have created an uncertainty for the Puget Sound region and the state. Later in the year, Mountain Pacific Bank CEO Mark Duffy said the outlook for the region totally changed with that vote.
“If that vote went the other way, I would have had discussions with the board to position ourselves to sell in the future,” Duffy said.
2. Boeing picks Everett for 777X plant
Everett always was favored to get the factory to build carbon-fiber-composite wings for the new 777X at Paine Field.
Until it was a done deal, it wasn’t a done deal.
18 The herald Business Journal markeT facTs 2015
Year in review
Genna marTin / The herald
Hazel Powers (center), a 35-year Boeing employee, and other Machinists rallied on Jan. 3, 2014. The vote to accept contract concessions will impact Snohomish County for decades.
2014: A time of lasting change
market facts 2015 the herald Business Journal 19
courtesy of everett community college
Welding student Margaret Montagne uses a CNC plasma table at Everett Community College’s Advanced Manufacturing Training & Education Center, which opened in 2014.
With the Machinists vote, Boeing committed to assembling the 777X in Everett, but the company considered its options for building its wing fabrication plant including looking at Frederickson in Pierce County. That’s where Boeing has a plant that does composite work for the existing 777 and the 787. Transport-ing the wings from Pierce County to Snohomish County would have been a challenge.
Everett Mayor Ray Stephanson said at his state of the city speech in January 2014 that it was vital to get the work in Everett, because the innovative wings could be used on future versions of Boe-ing’s planes.
In the end, the company chose to keep the wing factory close to final assembly. In October, Boeing broke ground on the $1 billion, 1.3-million-square-foot build-ing, just north of the present factory at Paine Field. The building will be as big as 25 football fields and will include three of the world’s largest autoclaves.
4. Kimberly-Clark property deal goes south
It looked like Everett had an answer for the departure of the Kimberly-Clark mill on its waterfront.
Kimberly-Clark closed its mill in 2012, laying off 700 people. It was the last smokestack for a town nicknamed the City of Smokestacks.
The city wanted to attract an indus-trial use for the waterfront and had inter-est from Foss Maritime, a subsidiary of Saltchuk. The company has a shipyard in Seattle where it maintains a fleet of tugs, barges and other specialty vessels. The 66-acre Kimberly-Clark property with its deep water access seemed like a place for Foss Maritime to move and grow.
Kimberly-Clark and Saltchuk agreed to
a deal in October 2013.From the beginning, Saltchuk cau-
tioned that it needed to do due diligence before purchasing the land. In April, Saltchuk announced that contaminated and unstable soil on the site was too risky for it to go forward.
Kimberly-Clark said that it had interest in the site before Saltchuk and expected more interest. Mayor Stephanson said at the time he was hopeful that the compa-nies could resume discussions.
4. Legal pot businesses open across the county
The line started at 7 a.m. at Cascade Kropz in Arlington, the first legal recre-ational marijuana retailer in Snohom-ish County. The mother and son who own the business, Lisa and Brad Kihm, pumped up music and handed out water to the dozens who showed up on July 13. They had 4 1/2 pounds of marijuana and an ample number of customers on that day as they became one of the first 25 legal pot stores in the state to open.
Growers and producers had been working on the marijuana crop for months after voters approved Initia-tive 502 in November 2012. That work was being done behind scenes. Once the stores opened, the cameras came and Washington’s experiment into legal weed became headline news. Since then, doz-ens of other stores have opened across the county and the state although some com-munities have banned the businesses.
By September, High Times — the venerable magazine on all things pot — hosted a trade show at the former Com-cast Arena in Everett complete with a logo of George Washington smoking a joint.
Continued on Page 20
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5. Higher education options grow for Everett, Snohomish County
Washington State University made a huge commitment to the North Puget Sound region. Everett Community Col-lege opened a state-of-the-art center focused on advanced manufacturing.
And the University of Washington Bothell continues to mature with one of the fastest growing campuses in the country.
Several pushes are being made to expand access to higher education for the region. WSU took over on July 1 admin-istration of the University Center, a con-sortium of colleges that offer bachelor level degrees at the EvCC campus.
WSU brings prestige and clout. The university is seeking $61.1 million from the state to build a new 95,000-square-foot building in north Everett.
EvCC opened in late September its Advanced Manufacturing Training & Education Center, a $3.75 million build-ing to instruct a new generation of work-ers in all areas of manufacturing. The 37,000-square-foot center along North Broadway in Everett will help students learn a range of skills from welding and fabrication to engineering to precision machining.
The UW Bothell welcomed its larg-est class of students ever this fall, 4,588 full-time equivalent students. The cam-pus is the fourth fastest growing campus in the nation, according to the National Center for Education Statistics. Of those
students, 35 percent are from Snohom-ish County and 50 percent are from King County.
It’s an achievement for a branch cam-pus that received its charter just 25 years ago.
6. New leadership at Port of Everett, Paine Field
New faces will lead several institutions in the community.
Les Reardanz takes over manage-ment of the Port of Everett succeeding
longtime Port Director John Mohr, who retired. Reardanz had been deputy direc-tor for the port for four years and had played a major role in everything from drafting new policies to looking after environmental clean-up projects to nego-tiating the transfer of the Mukilteo Tank Farm from the U.S. Air Force to the port.
Arif Ghouse took over in October as director of the county-owned Paine Field, replacing Dave Waggoner, who retired after 22 years. Ghouse had been duty manager at Seattle-Tacoma International
Airport, where he had been in charge of operations on the airfield and in the terminal.
Erin Monroe took charge of Work-force Snohomish in September, the orga-nization in charge of preparing and sup-porting the current and future workforce within Snohomish County. She replaced Sue Ambler, who also retired after being in the post for eight years. Like Reardanz, Monroe came up within the organization and serving last as the finance director.
Longtime Community Transit CEO Joyce Eleanor retired in August after 20 years with the transit agency. A search was underway for her replacement.
7. Oso tragedy puts landslide insur-ance in the spotlight
The Oso landslide on March 22 killed 43 people and destroyed more than 40 homes. People who own property in the landslide area near Oso learned that they probably didn’t have insurance that pro-tects against such a disaster — and they were still on the hook for their mort-gages. Standard homeowner and busi-ness policies specifically exclude damage caused by earth movement such as a land-slide. A property owner would need to buy a special policy just to protect against landslides.
The county is exploring the idea of buying the property from landowners. Coastal Community Bank has been work-ing with banks to forgive home, business or auto loans. But a forgiven loan might cause problems: The federal government considers forgiven loans as income and taxes it as such.
20 The herald Business Journal markeT facTs 2015
kevin clark / The herald
Marissa Rodriguez of Jacksonville, N.C., partakes of a free samples at a marijuana trade show in September. Retail shops offering recreational pot opened in 2014 in Washington.
Continued from Page 19
B20 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B21
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snohomish counTy populaTion, 2004-2014
Banks wiTh snohomish counTy BranchesAmericanWest Bank 41 w. riverside avenue, suite 300 spokane, wa 99201 509-467-6993 www.awbank.netpresident/ceo: scott kisting
Bank of America National Association100 north Tryon st.charlotte, nc 28202www.bankofamerica.com
The Bank of Washington 5901 196th street sw lynnwood, wa 98036-6052 425-275-5600 www.the-bank.compresident and ceo: martin steele Banner Bank 10 south 1st street p.o. Box 907 walla walla, wa 99362 509-527-3636 or 800-272-9933 president and ceo: mark Grescovich
BBCN Bank3731 wilshire Boulevard, suite 1000los angeles,ca 90010www.bbcnbank.com
Coastal Community Bank 10520 19th ave. se (98208) p.o. Box 12220 everett, wa 98206 425-257-9000 www.coastalbank.compresident: eric sprink Columbia State Bank 1301 a st. (98402)
p.o. Box 2156 Tacoma, wa 98401 253-305-1900 www.columbiabank.compresident: melanie dressel
1st Security Bank of Washington 6920 220th st. sw, suite 300 mountlake Terrace, wa 98043 p.o. Box 97000 lynnwood, wa 98046-9700 425-771-5299 800-683-0973 www.1stsecurityofwa.comceo: Joe adams Heritage Bank 201 fifth ave. sw (98501) p.o. Box 1578 olympia, wa 98507 360-943-1500 or 800-455-6126 www.heritageBanknw.compresident: Brian Vance HomeStreet Bank 601 union st., suite 2000 seattle, wa 98101-2326 206-623-3050 www.homestreet.compresident: mark mason JP Morgan Chase Bank1111 polaris parkwaycolumbus, oh 43240www.jpmorganchase.com
KeyBank National Association127 public squarecleveland, oh 44114www.key.com ceo: Beth mooney
Mountain Pacific Bank 3732 Broadway everett, wa 98201 425-263-3500 www.mountainpacificbank.compresident: mark a. duffy
MUFG Union Bank, National Association400 california st.san francisco, ca 94104www.unionbank.com
Opus Bank19900 macarthur Blvd., 12th floorirvine, ca 92612www.opusbank.com ceo: stephen h. Gordon
Pacific Crest Savings Bank 3500 188th st. sw, suite 575 lynnwood, wa 98037 425-670-9600 www.pacificcrestbank.compresident: sheryl nilson Peoples Bank 3100 woburn street Bellingham, wa 98226 360-354-4044 www.peoplesbank-wa.compresident: i. charles lecocq Prime Pacific Bank, National Association2502 196th street, s.w.lynnwood,wa 98036425-712-9898www.primepacificbank.com president and ceo: Glenn deutsch
Skagit Bank
301 east fairhaven avenue p.o. Box 285 Burlington, wa 98233 360-755-0411www.skagitbank.comceo: cheryl Bishop
Sound Community Bank 2001 fifth ave. seattle, wa 98121 206-443-4345 www.soundcb.com
US Bank National Association425 walnut st.cincinnati, oh 45202www.usbank.com
Umpqua Bank445 se main st.roseburg, or 97470www.umpquabank.comceo: raymond p. davis
UniBank 19315 highway 99 lynnwood, wa 98037 425-275-9700 www.unibankusa.comceo: daniel changyol lee Washington Federal, National Association425 pike streetseattle, wa 98101www.washingtonfederal.comceo and president: roy m. whitehead
Wells Fargo Bank, National Association101 n. phillips ave.sioux falls, sd 57104www.wellsfargo.com
market facts 2015 the herald Business Journal 23
Single-family homes, 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 1,606 1,301 $404,382 $459,761 $450,000
730 1,846 1,525 $367,627 $404,261 $363,000
740 2,438 1,956 $327,817 $347,937 $330,000
750 910 834 $281,206 $310,144 $285,450
760 1,193 1,029 $262,511 $287,946 $275,000
770 1,806 1,534 $250,217 $274,850 $257,763
total 9,799 8,179 $321,284 $351,117 $325,000
Condominiums, 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 218 261 $187,663 $271,588 $267,500
730 728 578 $220,162 $228,860 $213,500
740 703 706 $179,246 $212,278 $203,750
750 54 73 $137,677 $174,298 $175,000
760 73 79 $192,302 $214,358 $249,900
770 114 98 $163,734 $189,883 $186,000
total 1,890 1,795 $192,898 $223,566 $208,000
Combined single-family homes, condos 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 1,824 1,562 $378,479 $428,319 $424,975
730 2,574 2,103 $325,920 $356,054 $329,960
740 3,141 2,662 $294,565 $311,958 $300,000
750 964 907 $273,166 $299,210 $272,900
760 1,266 1,108 $258,463 $282,699 $269,950
770 1,920 1,632 $245,082 $269,748 $253,600
total 11,689 9,974 $299,126 $328,162 $305,000
*sales and sales prices for 2014 are based on figures available through oct. 31, 2014
Single-family homes, 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 1,421 1,606 $364,273 $404,382 $400,000
730 1,722 1,846 $320,951 $367,627 $330,009
740 2,310 2,438 $287,178 $327,817 $300,000
750 762 910 $249,996 $281,206 $256,075
760 1,067 1,193 $237,241 $262,511 $249,950
770 1,679 1,806 $220,156 $250,217 $236,637
total 8,961 9,799 $284,228 $321,284 $299,735
Condominiums, 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 219 218 $151,563 $187,663 $149,950
730 586 728 $193,554 $220,162 $200,000
740 624 703 $155,070 $179,246 $150,200
750 53 54 $130,105 $137,677 $122,425
760 66 73 $160,924 $192,302 $195,000
770 122 114 $156,795 $163,734 $158,500
total 1,670 1,603 $167,679 $192,898 $170,000
Combined single-family homes, condos 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 1,640 1,824 $335,868 $378,479 $381,250
730 2,308 2,574 $288,606 $325,920 $302,000
northwest multiple listing service
Snohomish County Northwest Multiple Listing Service area zones
statistical snapshot
Snohomish County home sales and prices, 2011-2014
market facts 2015 the herald Business Journal 23
Single-family homes, 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 1,606 1,301 $404,382 $459,761 $450,000
730 1,846 1,525 $367,627 $404,261 $363,000
740 2,438 1,956 $327,817 $347,937 $330,000
750 910 834 $281,206 $310,144 $285,450
760 1,193 1,029 $262,511 $287,946 $275,000
770 1,806 1,534 $250,217 $274,850 $257,763
total 9,799 8,179 $321,284 $351,117 $325,000
Condominiums, 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 218 261 $187,663 $271,588 $267,500
730 728 578 $220,162 $228,860 $213,500
740 703 706 $179,246 $212,278 $203,750
750 54 73 $137,677 $174,298 $175,000
760 73 79 $192,302 $214,358 $249,900
770 114 98 $163,734 $189,883 $186,000
total 1,890 1,795 $192,898 $223,566 $208,000
Combined single-family homes, condos 2014*
Average sales prices
MLS Area Sales 2013 Sales 2014 YTD 2013 YTD 2014 Year-end median
610 1,824 1,562 $378,479 $428,319 $424,975
730 2,574 2,103 $325,920 $356,054 $329,960
740 3,141 2,662 $294,565 $311,958 $300,000
750 964 907 $273,166 $299,210 $272,900
760 1,266 1,108 $258,463 $282,699 $269,950
770 1,920 1,632 $245,082 $269,748 $253,600
total 11,689 9,974 $299,126 $328,162 $305,000
*sales and sales prices for 2014 are based on figures available through oct. 31, 2014
Single-family homes, 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 1,421 1,606 $364,273 $404,382 $400,000
730 1,722 1,846 $320,951 $367,627 $330,009
740 2,310 2,438 $287,178 $327,817 $300,000
750 762 910 $249,996 $281,206 $256,075
760 1,067 1,193 $237,241 $262,511 $249,950
770 1,679 1,806 $220,156 $250,217 $236,637
total 8,961 9,799 $284,228 $321,284 $299,735
Condominiums, 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 219 218 $151,563 $187,663 $149,950
730 586 728 $193,554 $220,162 $200,000
740 624 703 $155,070 $179,246 $150,200
750 53 54 $130,105 $137,677 $122,425
760 66 73 $160,924 $192,302 $195,000
770 122 114 $156,795 $163,734 $158,500
total 1,670 1,603 $167,679 $192,898 $170,000
Combined single-family homes, condos 2013
Average sales prices
MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median
610 1,640 1,824 $335,868 $378,479 $381,250
730 2,308 2,574 $288,606 $325,920 $302,000
northwest multiple listing service
Snohomish County Northwest Multiple Listing Service area zones
statistical snapshot
Snohomish County home sales and prices, 2011-2014
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B23
24 The herald Business Journal markeT facTs 2015
sTaTisTical snapshoT740 2,934 3,141 $259,083 $294,565 $273,000
750 815 964 $242,201 $273,166 $250,000
760 1,133 1,266 $232,795 $258,463 $245,500
770 1,801 1,920 $215,865 $245,082 $230,000
Total 10,631 11,689 $265,920 $299,126 $279,950
Single-family homes, 2012
Average sales prices
MLS Area Sales 2011 Sales 2012 YTD 2011 YTD 2012 Year-end median
610 1,161 1,421 $356,390 $364,273 $349,990
730 1,519 1,722 $303,954 $320,951 $285,968
740 1,998 2,310 $266,745 $287,178 $265,000
750 696 762 $244,048 $249,996 $225,000
760 900 1,067 $220,544 $237,241 $226,000
770 1,497 1,679 $217,307 $220,156 $202,500
Total 7,771 8,961 $270,504 $284,228 $260,000
Condominiums, 2012
Average sales prices
MLS Area Sales 2011 Sales 2012 YTD 2011 YTD 2012 Year-end median
610 188 219 $183,312 $151,563 $122,500
730 556 586 $214,722 $193,554 $161,900
740 540 624 $152,383 $155,070 $130,000
750 45 53 $107,058 $130,105 $130,000
760 53 66 $168,614 $160,924 $158,200
770 163 122 $165,605 $156,795 $172,650
Total 1,545 1,670 $179,212 $167,679 $146,100
Combined single-family homes, condos 2012
Average sales prices
MLS Area Sales 2011 Sales 2012 YTD 2011 YTD 2012 Year-end median
610 1,349 1,640 $332,270 $335,868 $329,283
730 2,075 2,308 $280,044 $288,606 $260,000
740 2,538 2,934 $242,413 $259,083 $242,500
750 741 815 $235,728 $242,201 $219,000
760 953 1,133 $217,656 $232,795 $224,000
770 1,660 1,801 $212,229 $215,865 $199,950
Total 9,316 10,631 $255,364 $265,920 $244,900
Single-family homes, 2011
Average sales prices
MLS Area Sales 2010 Sales 2011 YTD 2010 YTD 2011 Year-end median
610 1,077 1,161 $382,427 $356,390 $336,450
730 1,284 1,519 $342,555 $303,954 $265,000
740 1,829 1,998 $309,095 $266,745 $245,000
750 632 696 $271,466 $244,048 $225,000
760 935 900 $259,810 $220,544 $210,000
770 1,335 1,497 $252,541 $217,307 $195,000
Total 7,092 7,771 $305,792 $270,504 $243,000
Condominiums, 2011
Average sales prices
MLS Area Sales 2010 Sales 2011 YTD 2010 YTD 2011 Year-end median
610 176 188 $215,115 $183,312 $152,500
730 368 556 $241,045 $214,722 $184,873
740 475 540 $202,933 $152,383 $125,000
750 38 45 $167,555 $107,058 $80,000
760 97 53 $231,912 $168,614 $182,000
770 74 163 $183,293 $165,605 $171,500
Total 1,228 1,545 $216,111 $179,212 $162,000
Combined single-family homes, condos 2011
Average sales prices
MLS Area Sales 2010 Sales 2011 YTD 2010 YTD 2011 Year-end median
610 1,253 1,349 $358,926 $332,270 $320,335
730 1,652 2,075 $319,944 $280,044 $248,000
740 2,304 2,538 $287,207 $242,413 $223,250
750 670 741 $265,573 $235,728 $215,000
760 1,032 953 $257,188 $217,656 $209,900
770 1,409 1,660 $248,906 $212,229 $189,900
Total 8,320 9,316 $292,556 $255,364 $230,000
Source: northwest multiple listing service
B24 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
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MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B25 market facts 2015 the herald Business Journal 25
Selected occupational wages in Seattle-Bellevue-Everettstatistical snapshot
Emp.Hourly Mean
Annual Mean
All Occupations 1,449,770 $28.36 $58,990
Management 78,480 $59.30 $123,340
administrative services mgrs 2,840 $47.85 $99,520
architectural and engineering mgrs 3,680 $66.53 $138,390
computer and information systems mgrs 7,160 $72.29 $150,360
construction mgrs 2,560 $51.12 $106,330
education admins, elementary, secondary 1,420 * $106,830
education admins, postsecondary 1,100 $50.17 $104,350
financial mgrs 6,510 $60.02 $124,840
General and operations mgrs 16,900 $63.97 $133,060
property, real estate, and community association mgrs
2,290 $35.45 $73,750
sales mgrs 5,850 $61.80 $128,550
transportation, storage, distribution mgrs 1,840 $50.52 $105,090
Business and Financial Operations 107,980 $38.00 $79,050
accountants, auditors 16,420 $37.17 $77,310
Business operations specs, all other 16,930 $35.69 $74,240
claims adjusters, examiners, investigators 3,800 $32.50 $67,610
financial analysts 2,170 $40.17 $83,560
human resources specs 6,810 $35.73 $74,320
loan officers 3,350 $41.26 $85,820
logisticians 5,130 $38.31 $79,690
management analysts 10,520 $48.49 $100,860
market research analysts, marketing specs 10,910 $40.35 $83,920
personal financial advisors 2,820 $55.49 $115,420
purchasing agents, except Wholesale, retail, farm products
6,460 $36.18 $75,260
training, development specs 2,420 $37.40 $77,800
Wholesale, retail Buyers, except farm products
2,960 $29.04 $60,400
Computer and Mathematical 115,870 $49.35 $102,640
computer network architects 3,270 $52.63 $109,460
computer network support specs 2,670 $34.00 $70,720
computer occupations, all other 3,000 $34.24 $71,220
computer programmers 14,050 $55.54 $115,530
computer systems analysts 11,400 $48.03 $99,910
computer user support specs 8,420 $29.07 $60,470
network, computer systems admins 5,210 $40.53 $84,300
software developers, applications 48,440 $54.32 $112,990
software developers, systems 7,560 $53.44 $111,160
Web developers 4,230 $41.97 $87,290
Architecture and Engineering 50,710 $42.51 $88,420
aerospace engineers 8,010 $50.71 $105,480
architects, except landscape, naval 2,210 $36.13 $75,150
civil engineers 6,150 $41.46 $86,250
electrical engineers 4,110 $48.66 $101,210
electronics engineers, except computer 2,320 $49.83 $103,640
engineers, all other 2,380 $44.37 $92,290
industrial engineering techs 2,510 * *
industrial engineers 4,920 $43.92 $91,350
mechanical drafters 2,340 $36.27 $75,430
mechanical engineers 3,700 $45.25 $94,120
Life, Physical, and Social Science 17,990 $34.54 $71,840
Biological techs 2,070 $21.56 $44,850
chemists 770 $32.80 $68,230
clinical, counseling, school psychologists 570 $32.90 $68,440
environmental scientists, specs, incl health 2,130 $37.36 $77,710
epidemiologists 260 $42.60 $88,600
Geoscientists 800 $40.17 $83,560
medical scientists, except epidemiologists 3,660 $37.71 $78,450
microbiologists 390 $33.35 $69,360
physicists 310 $62.63 $130,280
urban, regional planners 1,290 $37.29 $77,560
Zoologists, Wildlife Biologists 750 $38.59 $80,260
Community and Social Service 19,460 $21.56 $44,840
child, family, school social Wkrs 2,150 $22.40 $46,580
community, social service specs, all other 650 $20.57 $42,790
educational, Guidance, school, Vocational counselors
1,780 $27.94 $58,110
health educators 920 $25.57 $53,180
healthcare social Wkrs 1,630 $26.78 $55,710
mental health counselors 1,240 $21.32 $44,340
mental health, substance abuse social Wkrs 940 $22.51 $46,820
rehabilitation counselors 2,620 $22.15 $46,070
social, human service assts 4,630 $14.54 $30,230
substance abuse, Behavioral disorder counselors
1,010 $21.05 $43,790
Legal 12,690 $49.49 $102,950
administrative law Judges, adjudicators, hearing officers
140 $46.61 $96,950
arbitrators, mediators, conciliators 70 $36.44 $75,790
court reporters 180 $21.16 $44,010
Judges, magistrate Judges, magistrates 320 $37.64 $78,290
Judicial law clerks 90 $27.65 $57,520
lawyers 7,800 $62.33 $129,650
legal support Wkrs, all other 460 $29.80 $61,990
paralegals, legal assts 3,060 $28.65 $59,590
title examiners, abstractors, searchers 570 $22.58 $46,960
Education, Training, and Library 73,840 $26.67 $55,470
adult Basic, secondary ed, literacy teachers, instructors
3,180 $26.55 $55,210
elem school teachers, except special ed 9,740 * $60,480
health specialties teachers, postsecondary 3,100 * $133,950
kindergarten teachers, except special ed 1,340 * $54,830
librarians 1,460 $33.02 $68,680
middle school teachers, except special and career/technical ed
3,540 * $61,630
preschool teachers, except special ed 3,980 $13.60 $28,280
secondary school teachers, except special and career/technical ed
4,500 * $63,030
special ed teachers, kindergarten and elem school
1,080 * $59,450
special ed teachers, secondary school 640 * $61,750
substitute teachers 6,520 $19.23 $40,000
teacher assistants 11,910 * $32,910
Vocational ed teachers, postsecondary 2,300 $29.87 $62,130
Arts, Design, Entertainment, Sports, Media 27,790 $27.87 $57,970
athletes, sports competitors 290 * $111,080
coaches, scouts 3,310 * $43,140
fine artists 530 $35.33 $73,480
26 The herald Business Journal markeT facTs 2015
Selected occupational wages in Seattle-Bellevue-EverettsTaTisTical snapshoT
Graphic designers 3,200 $28.36 $59,000
interior designers 1,030 $25.39 $52,810
multimedia artists, animators 1,910 $37.12 $77,210
musicians, singers 620 $30.22 *
photographers 960 $14.08 $29,280
public relations specs 2,800 $30.58 $63,620
reporters, correspondents 440 $23.41 $48,700
Technical Writers 860 $37.18 $77,330
Healthcare Practitioners and Technical 68,090 $40.93 $85,130
dental hygienists 2,570 $46.48 $96,690
dentists, General 1,060 $94.76 $197,100
emergency medical Techs, paramedics 1,390 $29.63 $61,630
pharmacists 2,640 $56.85 $118,240
pharmacy Techs 3,420 $20.08 $41,770
physical Therapists 2,320 $40.75 $84,760
physicians and surgeons, all other 2,110 $96.98 $201,710
registered nurses 22,810 $39.68 $82,520
speech-language pathologists 1,260 $34.99 $72,770
surgeons 300 $115.08 $239,360
Veterinarians 630 $41.50 $86,310
Healthcare Support 31,940 $17.43 $36,260
dental assts 4,070 $20.38 $42,380
healthcare support Wkrs, all other 1,520 $17.60 $36,610
home health aides 3,600 $13.23 $27,520
massage Therapists 2,190 $24.90 $51,790
medical assts 6,320 $18.53 $38,540
medical Transcriptionists 660 $17.87 $37,170
nursing assts 9,570 $14.93 $31,060
pharmacy aides 440 $14.45 $30,050
phlebotomists 730 $17.12 $35,610
Veterinary assts, lab animal caretakers 770 $13.19 $27,430
Protective Service 25,600 $25.27 $52,550
correctional officers, Jailers 1,990 $25.95 $53,970
detectives, criminal investigators 750 $42.18 $87,720
firefighters 3,020 $34.85 $72,490
lifeguards, ski patrol, other rec protective service Wkrs
1,470 $11.34 $23,590
police, sheriff’s patrol officers 3,290 $37.81 $78,640
security Guards 9,280 $15.73 $32,730
Food Preparation and Serving Related 114,810 $12.74 $26,500
Bartenders 7,180 $13.87 $28,850
chefs, head cooks 1,440 $23.94 $49,800
combined food prep, serving Wkrs 23,570 $10.83 $22,520
cooks, fast food 2,890 $10.62 $22,100
cooks, institution, cafeteria 4,160 $14.74 $30,660
cooks, restaurant 12,070 $12.88 $26,790
cooks, short order 1,210 $12.01 $24,980
counter attendants, cafeteria, food conces-sion, coffee shop
8,330 $11.21 $23,320
dishwashers 4,750 $10.66 $22,160
food prep Wkrs 8,650 $12.05 $25,060
food servers, nonrestaurant 2,910 $11.86 $24,670
Waiters, Waitresses 21,750 $14.14 $29,410
Building and Grounds Cleaning, Maintenance 34,380 $14.84 $30,870
Janitors, cleaners, except maids, house-keeping cleaners
15,270 $14.60 $30,370
landscaping, Groundskeeping Wkrs 8,910 $15.57 $32,390
maids, housekeeping cleaners 7,470 $12.07 $25,100
Personal Care and Service 43,790 $14.53 $30,210
amusement, rec attendants 1,970 $12.33 $25,640
childcare Wkrs 3,840 $11.99 $24,950
fitness Trainers, aerobics instructors 4,190 $19.94 $41,470
Gaming dealers 3,000 $13.54 $28,170
hairdressers, hairstylists, cosmetologists 4,820 $18.84 $39,180
manicurists, pedicurists 1,780 $11.73 $24,390
personal care aides 10,330 $11.55 $24,030
rec Wkrs 2,780 $14.54 $30,240
ushers, lobby attendants, Ticket Takers 2,180 $12.01 $24,990
Sales and Related 148,800 $22.15 $46,080
cashiers 25,740 $13.50 $28,070
counter, rental clerks 7,510 $14.62 $30,410
insurance sales agents 3,200 $29.74 $61,860
real estate sales agents 2,400 $22.10 $45,960
retail salespersons 47,100 $14.69 $30,560
sales reps, services, all other 9,620 $32.03 $66,620
sales reps, Wholesale, mfg, except Techni-cal, scientific prods
21,570 $35.29 $73,410
sales reps, Wholesale, mfg, Technical, scientific prods
4,370 $45.11 $93,840
securities, commodities, financial services sales agents
3,380 $42.68 $88,770
Office and Administrative Support 196,340 $19.38 $40,320
Billing, posting clerks 5,760 $19.92 $41,420
Bookkeeping, accounting, auditing clerks 17,610 $20.39 $42,410
customer service reps 23,710 $18.41 $38,300
exec secretaries, exec admin assts 7,230 $27.35 $56,890
insurance claims, policy processing clerks 3,590 $19.22 $39,980
office clerks, General 19,390 $15.80 $32,870
postal service mail carriers 2,650 $25.22 $52,450
production, planning, expediting clerks 3,390 $23.54 $48,970
receptionists, info clerks 9,030 $15.53 $32,310
secretaries, admin assts, except legal, medical, executive
16,320 $19.62 $40,800
shipping, receiving, Traffic clerks 7,760 $17.86 $37,140
stock clerks, order fillers 16,410 $15.33 $31,890
Tellers 3,910 $14.23 $29,590
Farming, Fishing, and Forestry 1,360 $16.12 $33,530
agricultural inspectors 50 $29.00 $60,330
farmWkrs, laborers, crop, nursery, Greenhouse
460 $10.97 $22,810
farmWkrs, farm, ranch, aquacultural animals
150 $16.94 $35,230
forest, conservation Wkrs 90 $10.80 $22,470
Graders, sorters, agricultural prods 310 $12.92 $26,870
logging equip operators 90 $23.60 $49,100
Construction and Extraction 53,680 $27.38 $56,960
carpenters 9,480 $25.57 $53,180
construction, Building inspectors 1,030 $33.90 $70,520
construction laborers 6,580 $20.98 $43,640
Emp.Hourly Mean
Annual Mean
B26 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B27 market facts 2015 the herald Business Journal 27
statistical snapshot
drywall, ceiling tile installers 1,230 $22.48 $46,750
electricians 5,630 $33.06 $68,770
first-line sprvsrs, construction trades, extraction Wkrs
5,310 $37.84 $78,710
operating engineers, other construction equip operators
2,630 $29.16 $60,660
painters, construction, maintenance 3,800 $19.95 $41,500
plumbers, pipefitters, steamfitters 3,590 $32.93 $68,500
roofers 1,300 $22.00 $45,750
sheet metal Wkrs 1,460 $28.66 $59,610
Installation, Maintenance, and Repair 47,390 $25.58 $53,210
aircraft mechanics and service techs 2,250 $33.22 $69,100
automotive service techs, mechanics 4,630 $22.23 $46,230
Bus, truck mechanics, diesel engine specs 2,210 $27.80 $57,830
computer, atm, office machine repairers 1,370 $20.47 $42,580
industrial machinery mechanics 2,320 $29.49 $61,340
maintenance, repair Wkrs, General 12,490 $20.33 $42,290
mobile heavy equip mechanics, except engines
1,010 $27.44 $57,080
telecommunications equip installers, repair-ers, except line installers
2,080 $30.23 $62,870
tire repairers, changers 1,070 $15.92 $33,110
Production 88,040 $21.04 $43,770
aircraft structure, surfaces, rigging, systems assemblers
13,820 $25.56 $53,160
Bakers 2,790 $13.11 $27,280
Butchers, meat cutters 1,120 $17.24 $35,860
electrical, electronic equip assemblers 3,540 $16.47 $34,270
inspectors, testers, sorters, samplers, Weighers
6,990 $27.14 $56,460
machinists 3,710 $24.81 $51,610
meat, poultry, fish cutters, trimmers 2,160 $12.03 $25,020
printing press operators 1,320 $19.91 $41,410
production Wkrs, all other 2,440 $16.80 $34,950
team assemblers 4,000 $15.87 $33,020
tool, die makers 1,330 $31.07 $64,620
Welders, cutters, solderers, Brazers 2,250 $23.02 $47,880
Transportation and Material Moving 90,730 $19.92 $41,430
airline pilots, copilots, flight engineers 2,040 * $108,090
Bus drivers, school, special client 3,020 $18.04 $37,510
Bus drivers, transit, intercity 3,500 $22.93 $47,700
captains, mates, pilots of Water Vessels 1,110 $35.56 $73,960
flight attendants 2,140 * $43,180
heavy, tractor-trailer truck drivers 10,410 $21.75 $45,250
industrial truck, tractor operators 4,660 $20.37 $42,360
laborers, freight, stock, material movers, hand
21,210 $16.07 $33,420
light truck, delivery services drivers 8,680 $17.79 $36,990
packers, packagers, hand 6,340 $13.41 $27,900
sailors, marine oilers 1,830 $22.70 $47,210
taxi drivers, chauffeurs 2,570 $14.45 $30,050
Emp.Hourly Mean
Annual Mean
Listing of Snohomish County aerospace companiesSource: united states department of labor, Bureau of labor statistics
A & B Quality Finishers manufacturing-finishing 5712 207th ave. se, snohomish 425-742-7665
A.E. Petsche Wiring-supplies 2525 W. casino road, everett425-227-6047www.aepetsche.com
Aaron Electronics (formerly Bilocon)
engineering-manufacturing 3101 111th st. sW , everett 425-353-2276www.aaronelectronics.com
Absolute Manufacturing Machining 6914 204th st. ne, arlington360-435-1116www.absolutemfg.com
Accra Manufacturing Machining17703 15th ave. se, Bothell425-424-1000www.accramfg.com
Accurate Machining Machining12128 cyrus Way, mukilteo 425-745-0227
ACRO Machining Machining3817 168th st. ne, arlington360-653-1492www.acromachining.com
Action Grinding and Machiningmachining 17611 ok mill road, snohomish 425-742-3917www.agmco.net
Advanced Designs (B&C Manufacturing)
machining 2919 pine st., everett 425-787-9968
Advanced Prototype Technologiesprototyping
4208 russell road, mukilteo425-315-8605
Aero Macmachining4602 chennault Beach road, no.
1, mukilteo425-348-4140www.aeromacinc.com
AeroAcousticsconsulting-design 9802 29th ave. W, everett 425-438-0215 www.aeroacoustics.com
Aeroform Companysheet metal-welding15008 smokey point Blvd.,
marysville360-659-4044www.aeroforminc.com
AeroMechrsVm certification1616 hewitt ave., everett425-252-3236www.aeromechinc.com
Aeronautical Testing Serviceaircraft design, certification and
testing18820 59th drive ne, arlington360-435-8859www.aerotestsvc.com
Aerospace Consultingconsulting-design8928 Vernon road, everett 425-377-9525
Aerospace Machining Specialists (division of ASKO)
aircraft component repair20325 71st ave. ne, arlington360-474-0175www.aerospacemachine.net
Aircraft Maintenance and Support (division of LRT)
maintenance 15712 mill creek Blvd., mill creek
425-742-0333www.lrt-inc.com
Aircraft on Ground3100 112th st. sW, everettwww.aoginc.com
AIT Design consulting-design 22745 29th drive se, Bothell425-398-7329www.aint.com
Apache Aerospacemanufacturing-tooling9700 harbour place, mukilteo425-349-5800www.apacheaerospace.com
Applied Aerosystemssurface treatment-paint10727 47th place W, mukilteo425-876-7615
Applied Finishing finishing4216 russell road, mukilteo425-513-2505
ASCO Design Center USAhigh lift devices13024 Beverly park road,
mukilteo206-407-9805www.asco.be
Aviation (Cunningham) Coversaircraft covers19018 59th drive ne, arlington360-435-0342www.aviationcovers.com
Aviation Instrument Service International
avionics repair-installation8223 44th ave. W, mukilteo425-347-7677www.aviationinstrument.com
Aviation Technical Services (ATS)maintenance-fixed wing3100 112th st. sW, everett425-423-3016www.atsmro.aero
Aviation Technologies (AvTech) instrumentation3500 188th st. sW, lynnwood425-248-2188www.avtcorp.com
Avtech/Tyeesheet metal-welding6500 merrill creek parkway,
everett425-622-8664www.tyeeaircraft.com
B/E Aerospace/Flight Structures (FSI)
manufacturing-systems, compo-nents, ancillary equipment
6330 31st ave. ne, marysville 360-657-5197www.beaerospace.com
Ballard Technology (division of Astronics)
designs-manufacture11400 airport road, everett425-339-0281www.ballardtech.com
Barton Machine Machining11400 airport road, everett425-438-1161www.bartonmachine.com
Blue Streak Finishersmanufacturing-finishing 1520 80th st. sW, everett425-347-1944www.bluestreak-finishers.com
BMG Industries Machining19111 61st ave. ne, arlington360-435-3928
Boeing Commercial Airplanesmanufacturing-structures3003 W casino road, everettwww.boeing.com
Boundary Layer Researchmanufacturing-systems, compo-
nents, ancillary equipment9730 29th ave. W, everett425-353-6591www.blrvgs.com
Bridgeways contract manufacturing1220 75th st. sW, everett425-513-8213www.bridgeways.org
Bucher Aerospace Corp.manufacturing-systems, compo-
nents, ancillary equipment11400 airport road, everett425-355-2202www.bucher-group.com
C&D Zodiacmaterials-composites12810 state ave., marysville360-653-2211www.cdzodiac.com
Can Am Aerospaceavionics repair-installation3101 111th st. sW, everett877-523-2945www.canamaero.com
Cannon Aircraft Interiors interiors, completion10108 32nd ave. W, everett425-348-6924www.cannonaircraftinteriors.com
Cascade Aviation Servicesinteriors, completion9800 harbor place, mukilteo425-493-1708www.cascade-aviation.com
Cascade Precision
28 The herald Business Journal markeT facTs 201528 The herald Business Journal markeT facTs 2015
StatiStical SnapShot
Listing of Snohomish County aerospace companiesmachine shop10809 47th ave. W, mukilteo425-742-0888www.caspre.com
Castle and Cook Aviationfixed base operator9724 32nd Place W, everett425-355-6600www.castlecookeaviation.com
Cayley Aerospaceengineering-technical services18830 38th ave, lynnwood425-710-9701www.cayleyaerospace.com
CNA Manufacturing Systemsmanufacturing-tooling15000 Woodinville-redmond
road ne, Woodinville425-482-7977www.cnaflextool.com
Coastal Manufacturingsheet metal fabricated compo-
nents, assemblies6700 hardeson road, everett425-407-0624www.coastal-mfg.com
Cobalt Enterprisesmachining10917 mountain loop highway,
Granite falls360-691-2298www.cobaltent.com
Coleman Machine Machining 12426 mukilteo speedway,
mukilteo425-743-4910
Color-Tech (division of ASKO)finishing6304 215th st sW, mountlake
Terrace206-634-2089www.askogroup.com/companies/
colortechCommet Precision Products
machine shop 15328 highway 530 ne, arlington360-403-7800
Component Products Corporationmachining 11623 cyrus Way, mukilteo425-355-6800www.cpc-web.com
Composites Onematerials-composites19105 63rd ave. ne, arlington800-283-0809www.compositesone.com
Covelet Machine and Designmachine shop13115 41st ave. ne, marysville360-658-1977
Craig Craft Powder Coatingfinishing11324 mukilteo speedway,
mukilteo425-743-4393
Crane Aerospace-Eldec Corp.manufacturing-systems, compo-
nents, ancillary equipment16700 13th ave. W, lynnwood425-743-8291www.craneaerospace.com
Crown AviationGeneral aviation10300 28th ave. W, everett425-355-4088www.crownaviation.com
Curtiss-Wright Flight Systemsmanufacturing-systems, compo-
nents, ancillary equipment10108 32nd ave. W, everett425-355-4422
D3 Technologiesconsulting, design
8223 44th ave. W, mukilteo425-355-4903www.d3tech.com
Damar Machine Machining14767 172nd drive se, monroe360-794-4448www.damaraerosystems.com
Diehl Aerospaceaircraft interior lighting11002 29th ave. W, everett 425-353-8080www.diehlaerospace.com/dai
Diversified Industrial Servicessheltered workshops13008 Beverly Park road,
mukilteo425-355-1253www.godiversified.com
DTL Canyon Park Testing2200 222nd st. se, Bothell425-964-2715www.dtl-inc.com
Eaton Aerospacesemiconductors, related devices6500 harbour heights Parkway,
mukilteo 425-349-5281www.eaton.com
EDJ Precision Machine Machining13317 ash Way, everett425-745-3937www.edjprecision.com
Electroimpactmanufacturing-tooling4604 107th st. sW, mukilteo425-348-8090www.electroimpact.com
Ericson Internationalconsulting, designedmonds425-775-2100
Esterline Control Systemselectronics11910 Beverly Park road, everett425-297-9700www.esterline.com
Excell Aerofab Machining19222 62nd ave. ne, arlington360-403-8994
Exotic Tool Welding sheet metal, welding2909 seaway Blvd., everett425-353-3040www.exotictoolwelding.com
Fokker Aerostructures12121 harbour reach drive,
mukilteo206-384-5644www.fokkeraerostructures.com
G&M Manufacturing Machining 19009 61st ave. ne, arlington360-435-5966
GE Aviation Systems manufacturing-systems, compo-
nents, ancillary equipment6500 harbour Pointe heights,
mukilteo509-248-5000, 425-245-0500www.geaviationsystems.com
Giddens Industries materials-plastics 2600 94th st. sW, everett 425-353-0405www.giddens.com
Glasair Aviationkitplane manufacturers18810 59th ave. ne, arlington360-435-8533www.glasairaviation.com
Global Machine Worksmachining19130 59th drive ne, arlington360-403-8432www.globalmachineworks.com
Gomph Bracketsmaterials-plastics12426 mukilteo speedway,
mukilteo425-348-5002www.gompf.com
Greenpoint Technologiesinterior reconfigurations3101 111th st. sW, everett425-828-2777
www.greenpnt.com H&H Machine Machining
22824 85th Place W, edmonds425-776-1994
HGS Aerospaceassembly systems22121 17th ave. se, Bothell586-293-8660www.hgsaero.com
Honeycutt Machine Machining12402 evergreen drive, mukilteo425-745-1775
Honeywellmanufacturing-systems, compo-
nents, ancillary equipment3215 97th Place sW, everett
Horizon Manufacturing Industriesmachining11417 cyrus Way, mukilteo425-493-1220www.horizonman.com
ID Integration consulting, design13024 Beverly Park road,
mukilteo425-438-2533www.id-integration.com
IDL Precision Machiningmachining11600 49th Place W, mukilteo425-315-8080
Infinity Fabrication Machining19225 62nd ave. ne, arlington360-435-7460www.infinityfabrication.com
Innovative Technologiesmaterials-plastics3318 hill ave., everett425-258-4773www.innovativetechnologies.biz
Integrated Technologies (Intec)materials-composites, plant,
equipment1910 merrill creek Parkway,
everett425-293-0304www.in-tec.com
International Gear TechnologiesPrecision gears3101 111th st. sW, everett425-353-4300 www.igtcorporation.com
J.R. Engineering (Quietly Superior)consulting, design1902 120th Place se, everett425-337-9472www.quietlysuperior.com
JL Manufacturing manufacturing-other12310 highway 99 s, everett 425-355-3330www.jlmanufacturing.com
K&T Machine Machining12315 mukiteo Parkway,
lynnwood425-347-2157
Kaas Tailoredinteriors, completion13000 Beverly Park road,
mukilteo425-743-1886www.kaastailored.com
Kaman Engineering Services (Global Aerosystems)
consulting, design10108 32nd ave. W, everett425-367-4477www.globalaerosystems.com
Keltia Design Training, recruiting, design16824 44th ave. W, lynnwood206-734-4658
King Machine Machining11710 cyrus Way, mukilteo425-743-5464
KitPlanes Northwestkit airplane manufacturer, aircraft
service, maintenance17415 51st ave. ne, arlington360-403-0679www.kitplanesnorthwest.com
Koch Machine and Tool Machining19010 66th ave. ne, arlington360-474-8017
Labinal manufacturing-systems, compo-
nents, ancillary equipment2300 merrill creek Parkway,
everett425-438-1378 www.labinal.com
LaFarge & Egge sheet metal-welding5820 188th st. sW, lynnwood425-778-4123www.lafargeinc.com
Lamar Technologies Corp.manufacturing-voltage regulators14900 40th ave. ne, marysville360-651-6666www.lamartech.com
Laz Tool & Manufacturingmanufacturing-tooling14816 roosevelt road,
snohomish360-568-5749www.laztool.com
Liebherr-Aerospace SASmanufacturing-systems, compo-
nents, ancillary equipment906 se everett mall Way, everett425-348-9070 www.liebherr.com
Lord Corporationmaterials-composites1230 233rd Place sW, Bothell425-488-3292www.lord.com
Lytle Machine Machining 7327 olympic drive, everett425-290-3538
MDI (Manufacturing Design Inc.)machining 4420 russell road, mukilteo 425-356-2648 www.mfgandesign.com
Messier Dowty-BugatiWheels, tires, brakes7501 hardeson road, everett425-438-1378www.messier-bugattiusa.com
Metal Motion Machining19003 59th drive ne, arlington360-403-7330www.metalmotion.com
Metal Tech manufacturing-finishing14792 172nd drive se, monroe360-794-1945
Microjetmaterials-metals16372 177th ave. se, monroe360-805-9400
Miller Screw Productsmachining3400 academy drive se, Bothell253-939-7340
Mobile Tool
manage Tooling11323 commando road W,
everett425-438-8127www.mobiletoolmanagement.com
MOOG Aircraft Groupmanufacturing-systems, compo-
nents, ancillary equipment808 134th ave. sW., everett425-787-8673www.moog.com
Morgan AeroProducts maintenance-accesso-
ries, components1450 80th st. sW, everett425-438-9600www.morganaero.com
Morgan Branch CNCmachining19011 62nd ave. ne, arlington360-435-7170
New Breed Logisticslogistics2600 94th st. sW, everett425-249-5000www.newbreed.com
New Tech Industriesconsulting, design7911 44th ave. W, mukilteo425-778-1200www.newtechind.com
Newell Corporationmaintenance-accessories,
components6922 204th st. ne, arlington360-435-8955www.newellcorp.com
Northway Products Machining11027 47th ave. W, mukilteo 425-742-4498www.northwayproducts.com
Northwest Aerospace Technologiesconversion-modification2210 hewitt ave., everett425-257-2044www.natdesign.com
Novatech Engineeringconsulting, design20818 44th ave. W, lynnwood425-245-7000www.ntew.com
Omega Precisionmanufacturing7929 44th ave. W, mukilteo425-356-3124www.ometech.net
Onamac Industriesmachining11504 airport road, everett425-743-6676www.onamac.com/home
Orion Technologiesconsulting, design20230 82nd st. se, snohomish360-668-8355www.oriontechnologies.net
PAC-Aero machining 2720 34th st., everett425-258-2741
Pacifica Engineeringconsulting, design21520 30th drive se, Bothell425-984-2700www.pacifica-engineering.com
Panasonic Avionicsmanufacturing-avionics22333 29th drive se, Bothell425-415-9053www.panasonic.aero
Paragon ManufacturingWire harness2615 W. casino road, everett425-438-0800
B28 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015
market facts 2015 the herald Business Journal 29
StatiStical SnapShot
Polaris Machining and Sheet Metalmachining 103 cedar ave., marysville360-653-7676www.polarismachining.com
Precision Airmotivemanufacturing-systems, compo-
nents, ancillary equipment14800 40th ave. ne, marysville360-651-8282www.precisionairmotive.com
Precision Circuits manufacturing-systems, compo-
nents, ancillary equipment 18025 highway 99, lynnwood 425-778-4980
Precision EnginesGeneral aviation3220 100th st. sW, everett425-347-2800www.precisionengines.com
Precision Fuel Componentsmanufacturing-systems, compo-
nents, ancillary equipment3220 100th st. sW, everett 425-513-6789 www.precisionfuel.com
Precision Logistics Supplies1318 Pioneer highway, silvana360-652-3333www.skypac.com
Primus International (University Swaging)
swaging6525 240th st. sW, Woodinville 425-318-4500 www.primusint.com
www.paragonmfgcorp.comPara-Phernalia Supplies
19018 59th drive ne, arlington360-435-7220www.softieparachutes.com
PCSI (Professional CAD Services) consulting, design19119 north creek Parkway,
Bothell425-485-3420www.procadservices.com
Pentar Avionics Systemsmanufacturing-avionics 22125 17th ave. se, Bothell425-424-3370www.pentar.com
Pineda Precisionmachining13127 Beverly Park road, everett425-290-5928
Plexus Manufacturing materials-plastics4416 russell road, mukilteo425-348-7745 www.plexusman.com
Pro Tool Manufacturingmanufacturing-tooling12414 highway 99 s, everett 425-353-0763www.ptmcorp.com
Procam Machine machining 18421 Bothell-everett highway,
mill creek425-485-9889www.procammachine.com
Production PlatingPlating, powder coating services4412 russell road, mukilteo425-347-4635www.productionplating.com
Quality Industrial Servicessheet metal-welding7529 Beverly Blvd., everett425-348-8825
Qualtest Consultants consulting, design10121 evergreen Way, everett425-347-7266www.qtccorp.com
Queen City Platingfinishing11914 cyrus Way, mukilteo425-315-1992
RBM Machiningmachine shop12108 mukilteo speedway,
mukilteo425-743-5373www.rbmachining.com
RG Machinemachine shop2100 196th st. sW., lynnwood425-775-7009www.rgmachine.com
Rockwell Collinsmanufacturing-systems, compo-
nents, ancillary equipment3350 monte Villa Parkway, Bothell425-492-1318www.rockwellcollins.com
Rolls Royce North Americaconsulting, design6300 merrill creek Parkway,
everett425-349-4100www.rolls-royce.com
Royell Manufacturing Machining3817 smith ave., everett425-259-9258www.royell.com
Ryerson-Microjet sheet metal-welding3506 124th st. ne, marysville360-657-5700 www.ryerson.com
Scott Aviation
materials-other19807 Yew Way, snohomish360-668-7793
Sealth Aero-Marinematerials-metals16001 mill creek Blvd., mill creek425-481-0727www.sealth.com
Sextant Avioniquematerials-other2615 W. casino road, everett206-355-7112
SKF Aerospacemanufacturing-systems, compo-
nents, ancillary equipment14341 fryelands Blvd. se, monroe360-794-9925www.skf.com
Skills Inc.sheet metal, machining20325 71st aVe. ne, arlingtonwww.skillsinc.com
Smiths Aerospace manufacturing-systems, compo-
nents, ancillary equipment 6500 harbour heights Parkway,
mukilteo425-245-0500www.smiths-aerospace.com
Soundair Aviation Servicesmaintenance-accessories,
components 1826 Bickford ave., snohomish360-453-2300www.soundair.com
Star Aviation engineering, technical services 728 134th sW, everettwww.staraviation.com
Steel-Fab materials-metals 6525 188th st ne, arlington360-435-5564www.steel-fab.com
Stoddard Internationalmaterials-composites18660 58th ave. ne, arlington360-435-6455www.stoddardintl.com
Structural Integrity Engineeringconsulting, design909 se everett mall Way, everett425-710-7646www.sieinc.com
Systima Technologiesengineering, technologies1832 180th st. se, Bothell425-487-4020 www.systima.com
TNT EnterprisesSheet metal-welding17121 3rd ave. se, mill creek
425-742-8210www.tntsheetmetal.com
Talon Manufacturingmachining17617 49th Place ne, arlington360-403-8910
TCI Scales maintenance-accessories,
components17611 ok mill road, snohomish425-742-3917www.tciscales.com
Technofan other aircraft parts, auxiliary
equipment manufacturing7501 hardeson road, everett425-438-1378 www.technofan.fr
TECT Aerospacemanufacturing-systems, compo-
nents, ancillary equipment11002 29th ave. W, everett425-353-8080www.tectcorp.com
Terry’s Machine and Manufacturingmachining12128 cyrus Way, mukilteo425-315-8866www.terrysmachine.com
Triumph Structures (formerly Con-tour Aerospace)
machining1415 75th st. sW, everett425-438-7101www.contouraerospace.comtrW-lucas aerospacemanufacturing-systems, compo-
nents, ancillary equipment6700 hardeson road, everett425-407-1191
Turning Point Machiningmachining710 ash ave., marysville425-252-7300
Umbra Cuscinetti Aerospace2916 100th st. sW, everett425-743-2577www.umbrausa.com
Universal Aerospacemanufacturing-systems, compo-
nents, ancillary equipment18640 59th drive ne, arlington360-435-9577www.universalaerospace.com
UTC-Aerostructuresengine integration2615 94th st. sW, everett425-923-1848www.goodrich.com
UTC-Interiorsmaintenance-fixed wing6700 hardeson road, lynnwood
425-771-1214www.goodrich.com
UTC-Sensors and Integrated Systems
manufacturing-systems, compo-nents, ancillary equipment
6700 hardeson road, everett425-407-1191 www.goodrich.com
UTC Aerospace Systems-Landing Gear
manufacturing-structures2701 94th st. sW, everett425-261-8700www.goodrich.com
Valberg electronic design, manufacturing,
control panels, harness building14286 169th drive se, monroe360-794-9885www.valberglls.com
Vaupell injection molding10108 32nd ave. W, everettwww.vaupell.com
Vector Industriesmachining 1520 80th st. sW,
everett425-347-6696www.vectorindustries.com
Walter Dorwin Teague (Teague)consulting, design6600 merrill creek Parkway,
everett425-342-2270www.teague.com
Western Fluid Componentsmachinery equipment2303 Pacific ave., everett425-252-0974www.westernfluidcomp.com
Westwood Precision Machining7509 hardeson road, everett425-742-7011www.westwoodprecision.com
Wood Associatesconsulting, design9128 52nd st. se, snohomish425-335-1327
XP Modificationsmanufacturing-systems, compo-
nents, ancillary equipment18306 59th drive ne, arlington800-819-9270www.xpmods.com
Zodiac Aerospacemanufacturing6300 merrill creek Parkway,
everett425-347-4919www.zodiacaerospace.com
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2002 $1.200 $1.168 $1.230 $1.434 $1.460 $1.464 $1.482 $1.488 $1.468 $1.412 $1.410 $1.382
2003 $1.387 $1.642 $1.861 $1.785 $1.625 $1.547 $1.599 $1.762 $1.879 $1.661 $1.594 $1.523
2004 $1.612 $1.672 $1.790 $1.902 $2.196 $2.265 $2.012 $1.932 $1.993 $2.058 $2.055 $1.922
2005 $1.811 $1.923 $2.154 $2.444 $2.427 $2.304 $2.436 $2.602 $2.876 $2.798 $2.497 $2.234
2006 $2.235 $2.288 $2.400 $2.764 $3.114 $3.110 $3.017 $2.999 $2.803 $2.530 $2.444 $2.573
2007 $2.596 $2.467 $2.762 $3.076 $3.358 $3.140 $2.959 $2.790 $2.875 $2.982 $3.196 $3.129
2008 $3.077 $3.163 $3.460 $3.574 $3.859 $4.288 $4.271 $3.977 $3.740 $3.118 $2.191 $1.812
2009 $2.012 $2.163 $2.148 $2.302 $2.510 $2.835 $2.704 $2.840 $2.907 $2.760 $2.821 $2.791
2010 $2.866 $2.811 $2.976 $3.052 $3.007 $2.937 $2.984 $3.068 $2.943 $3.011 $3.076 $3.146
2011 $3.232 $3.337 $3.700 $3.915 $3.993 $3.859 $3.780 $3.753 $3.858 $3.802 $3.674 $3.444
2012 $3.437 $3.572 $3.998 $4.076 $4.155 $4.001 $3.567 $3.806 $4.009 $3.964 $3.470 $3.339
2013 $3.369 $3.622 $3.795 $3.635 $3.831 $3.793 $3.820 $3.787 $3.658 $3.442 $3.243 $3.292
2014 $3.367 $3.313 $3.575 $3.746 $3.872 $3.930 $3.959 $3.834 $3.745
Seattle metro area unleaded fuel prices, 2002-2014
Website: http://www.bls.gov/cpi/ under CPI Databases, Average Price Data
Media contact: 415-625-2270
Consumer Price Index - Average Price DataOriginal Data Value
Series Id: APUA42374714
Source: u.s. Bureau of labor statistics
MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B29
30 The herald Business Journal markeT facTs 2015
sTaTisTical snapshoT
Organization Description FTE 2014 Type Website
Boeing aircraft manufacturing 40,000 private www.boeing.com/
naval station everett u.s. navy base 6,350 public www.cnic.navy.mil/everett/index.htm
Washington state state government 5,400 public http://access.wa.gov/
providence regional medical center health care 3,500 private http://washington.providence.org/
Tulalip Tribes enterprises Gaming, real estate, government services 3,500 private www.tulaliptribes-nsn.gov
snohomish county county government 2,700 public http://snohomishcountywa.gov
The everett clinic health care 2,500 private www.everettclinic.com
premera Blue cross health insurer 2,400 private www.premera.com
Walmart retail 2,056 private www.walmart.com
everett school district school district 2,025 public www.everettsd.org
philips medical systems ultrasound technology 2,000 private www.medical.philips.com
edmonds school district school district 1,865 public www.edmonds.wednet.edu
safeway retail-grocery 1,700 private www.safeway.com
swedish edmonds hospital health care 1,700 private www.swedish.org/edmonds
fred meyer retail-grocery 1,600 private www.fredmeyer.com
fluke corp. (danaher) electronic test & measurement 1,200 private www.fluke.com
marysville school district school district 1,200 public www.msvl.k12.wa.us
albertson’s retail-grocery 1,200 private www.albertsons.com
city of everett city government 1,136 public www.ci.everett.wa.us
aviation Technical services aircraft repair/maintenance/parts 1,000 private http://atsmro.com/
cemeX sand/gravel mining operations 1,000 private www.cemex.com
monroe correctional complex state government-corrections 1,000 public www.doc.wa.gov/facilities/prison/mcc
snohomish pud electric utility 976 public www.snopud.com
esterline control systems aerospace electronics 935 private www.esterline.com
crane aerospace & electronics aerospace electronics 900 private www.craneae.com
frontier communications northwest communications 800 private http://frontier.com
Qfc retail-grocery 731 private www.qfc.com
stillaguamish Tribe Gaming, government services, investments 700 private www.stillaguamish.com
community Transit public transit 650 public www.communitytransit.org
c&d Zodiac aerospace supplier; composites 620 private www.zodiacaerospace.com/en
electroimpact aerospace tooling and automation 620 private www.electroimpact.com
edmonds community college higher education 615 public www.edcc.edu
everett community college higher education 600 public www.everettcc.edu
Travis industries manufacturing-fireplaces 600 private www.travisindustries.com
agilent Technologies life sciences 500 private www.agilent.com
hos Brothers construction construction contractor 500 private www.hosbros.com/hos_home.html
panasonic avionics aircraft equipment 500 private www.panasonic.aero
Zodiac northwest aerospace Technologies aerospace 500 private www.zodiacaerospace.com
city of lynnwood city government 465 public www.ci.lynnwood.wa.us
cascade Valley hospital health care 430 private www.cascadevalley.org
alside manufacturer, vinyl siding 400 private www.alside.com
amT senior aerospace aerospace equipment 400 private www.amtnw.com
community health center of snohomish county health care 400 private www.chcsno.org
intermec Technologies Wireless data collection; rfid 400 private www.intermec.com
national food corp. food distribution 400 private www.natlfood.com
seattle Genetics Biotechnology 400 private www.seattlegenetics.com
sonosite medical devices 400 private www.sonosite.com
macy’s retail 400 private www.macys.com
Jamco aerospace interiors 400 private www.jamcoamerica.com
Tect aerospace aerospace 378 private www.tectaero.com
Snohomish County’s top 50 largest employers
Snohomish County unemployment rate, 2011-2014Source: economic alliance snohomish county
Source: employment security department
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 10.6% 10.4% 10% 9% 9.1% 9.9% 9.7% 9% 8.9% 8.7% 8.6% 8.2%
2012 8.7% 8.7% 8.2% 7.2% 7.6% 8.2% 8.1% 7.5% 6.9% 6.7% 6.4% 6.2%
2013 6.6% 6.2% 5.7% 5.2% 5.4% 6.2% 6% 6% 5.8% 5.9% 5.7% 5.4%
2014 5.9% 6% 6% 4.8% 5.1% 5.1% 5.3% 5.3% 5.1% 4.8%
30 The herald Business Journal markeT facTs 2015
sTaTisTical snapshoT
Organization Description FTE 2014 Type Website
Boeing aircraft manufacturing 40,000 private www.boeing.com/
naval station everett u.s. navy base 6,350 public www.cnic.navy.mil/everett/index.htm
Washington state state government 5,400 public http://access.wa.gov/
providence regional medical center health care 3,500 private http://washington.providence.org/
Tulalip Tribes enterprises Gaming, real estate, government services 3,500 private www.tulaliptribes-nsn.gov
snohomish county county government 2,700 public http://snohomishcountywa.gov
The everett clinic health care 2,500 private www.everettclinic.com
premera Blue cross health insurer 2,400 private www.premera.com
Walmart retail 2,056 private www.walmart.com
everett school district school district 2,025 public www.everettsd.org
philips medical systems ultrasound technology 2,000 private www.medical.philips.com
edmonds school district school district 1,865 public www.edmonds.wednet.edu
safeway retail-grocery 1,700 private www.safeway.com
swedish edmonds hospital health care 1,700 private www.swedish.org/edmonds
fred meyer retail-grocery 1,600 private www.fredmeyer.com
fluke corp. (danaher) electronic test & measurement 1,200 private www.fluke.com
marysville school district school district 1,200 public www.msvl.k12.wa.us
albertson’s retail-grocery 1,200 private www.albertsons.com
city of everett city government 1,136 public www.ci.everett.wa.us
aviation Technical services aircraft repair/maintenance/parts 1,000 private http://atsmro.com/
cemeX sand/gravel mining operations 1,000 private www.cemex.com
monroe correctional complex state government-corrections 1,000 public www.doc.wa.gov/facilities/prison/mcc
snohomish pud electric utility 976 public www.snopud.com
esterline control systems aerospace electronics 935 private www.esterline.com
crane aerospace & electronics aerospace electronics 900 private www.craneae.com
frontier communications northwest communications 800 private http://frontier.com
Qfc retail-grocery 731 private www.qfc.com
stillaguamish Tribe Gaming, government services, investments 700 private www.stillaguamish.com
community Transit public transit 650 public www.communitytransit.org
c&d Zodiac aerospace supplier; composites 620 private www.zodiacaerospace.com/en
electroimpact aerospace tooling and automation 620 private www.electroimpact.com
edmonds community college higher education 615 public www.edcc.edu
everett community college higher education 600 public www.everettcc.edu
Travis industries manufacturing-fireplaces 600 private www.travisindustries.com
agilent Technologies life sciences 500 private www.agilent.com
hos Brothers construction construction contractor 500 private www.hosbros.com/hos_home.html
panasonic avionics aircraft equipment 500 private www.panasonic.aero
Zodiac northwest aerospace Technologies aerospace 500 private www.zodiacaerospace.com
city of lynnwood city government 465 public www.ci.lynnwood.wa.us
cascade Valley hospital health care 430 private www.cascadevalley.org
alside manufacturer, vinyl siding 400 private www.alside.com
amT senior aerospace aerospace equipment 400 private www.amtnw.com
community health center of snohomish county health care 400 private www.chcsno.org
intermec Technologies Wireless data collection; rfid 400 private www.intermec.com
national food corp. food distribution 400 private www.natlfood.com
seattle Genetics Biotechnology 400 private www.seattlegenetics.com
sonosite medical devices 400 private www.sonosite.com
macy’s retail 400 private www.macys.com
Jamco aerospace interiors 400 private www.jamcoamerica.com
Tect aerospace aerospace 378 private www.tectaero.com
Snohomish County’s top 50 largest employers
Snohomish County unemployment rate, 2011-2014Source: economic alliance snohomish county
Source: employment security department
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 10.6% 10.4% 10% 9% 9.1% 9.9% 9.7% 9% 8.9% 8.7% 8.6% 8.2%
2012 8.7% 8.7% 8.2% 7.2% 7.6% 8.2% 8.1% 7.5% 6.9% 6.7% 6.4% 6.2%
2013 6.6% 6.2% 5.7% 5.2% 5.4% 6.2% 6% 6% 5.8% 5.9% 5.7% 5.4%
2014 5.9% 6% 6% 4.8% 5.1% 5.1% 5.3% 5.3% 5.1% 4.8%
B30 THE HERALD BUSINESS JOURNAL MARKET FACTS 2015zz
The Edward D. Hansen Conference Center Flexible gathering spaces. Award-winning teams. Extraordinary experiences.
WORLD CLASS EVENTS happen here
everettconferencecenter.com425.322.2600
1192239
The Edward D. Hansen Conference Center Flexible gathering spaces. Award-winning teams. Extraordinary experiences.
WORLD CLASS EVENTS happen here
everettconferencecenter.com425.322.2600
The Edward D. Hansen Conference Center Flexible gathering spaces. Award-winning teams. Extraordinary experiences.
WORLD CLASS EVENTS happen here
everettconferencecenter.com425.322.2600
1192155