Table of Contents

Introduction

Statistics

Industries1. Advanced manufacturing 2. Energy 3. Food Production4. Aerospace5. Technology and Innovation

Successful CitiesBoise City-Nampa

Organisations

Trade Relationship between Idaho and Israel

Introduction

Idaho is U.S. state located in the northwestern part of the country. The state's capital and largest city is Boise. Idaho has significant industries, which include manufacturing, agriculture, mining, forestry, and tourism.

Statistics

Area 83,797 sq. mi

Population 1,683,140

GDP $67.275 billion

GDP per Capita $40,052

US GDP per Capita $57,220

Unemployment Rate 3.2

Idaho has a strong unemployment rate at 3.2, which has dropped from 3.6 in December 2016. The labor force participation has been increasing and has been higher than the national average. Idaho’s job market has been providing opportunities to the increasing labor force, making Idaho one states in the country to have the lowest unemployment rates. This has also contributed to an increase in GDP from $58,105 million in 2012 to 67,275 million in 2016.

Idaho has taken several key steps to develop its commercial marketplace. In 2012, Idaho lowered both personal and corporate income taxes and, in 2013, Idaho exempted more than 90% of Idaho’s businesses from paying personal property tax.

This level of tax benefits has encouraged many businesses to set up offices in Idaho. This has bolstered sectors such as advanced manufacturing, aerospace, tourism, energy, commuter technology and innovation, etc.

Industries

1. Advanced manufacturing: Manufacturing is big business in Idaho. It accounts for 14.7% of the state’s private sector GDP and employs 5.5% of the total workforce. In 2014, Idaho’s manufacturers produced more than $8.14 billion in goods which is a 39% increase over 2004. The state’s advanced manufacturing industry is driven by businesses large and small that produce food, computer and electronic products, transportation equipment, medical equipment, system and process equipment, chemicals and plastic products, wood products, fabricated metal products, and machinery. Idaho’s pro-business climate, robust transportation network, and motivated workforce all help drive the success of these companies and their peers.

Premier Technology: Combining state of the art technology with old world craftsmanship values, Premier Technology is the supplier of choice for numerous companies across numerous industries. It is a vertically integrated engineering, manufacturing and construction company. Possessing core competencies in a wide range of skill sets, their integration is an asset and extends the benefit of that integration to the clients. Their attention to detail ensures complete customer satisfaction and forms the basis of all of many on-going business relationships.

Unitech Aerospace: Formerly known as AGC aerocomposites, the company supplies the aerospace & defense industry with the most advanced composite and metallic solutions. It has 40 years of experience working with the industry’s top OEMs and Tier 1’s on multiple platforms and programs, both military such as the F-15, F-

18, F-16, F-35, CH-47, V-22 & AH-64, commercial 787, 767, 737, 747, 777 & A-350 and Business Jets G650, etc.

2. Energy: Home to the Idaho National Lab, designated by the Department of Energy as the nation’s lead nuclear research facility, Idaho researchers are developing, testing and demonstrating new fuels and materials, reactor systems, plant monitoring and safety systems, and waste management options. Idaho’s energy sector is a significant economic driver directly and indirectly employing over 27,000 workers across 1,400 firms in a diverse range of industries including utilities, research and development, professional services and manufacturing.

Idaho National Lab, Center for Advanced Energy Studies and Nuclear LeadershipIdaho National Laboratory’s science-based approach to nuclear energy research yields technically achievable, economically competitive and environmentally sustainable options for the entire nuclear energy enterprise in areas like…

● Advanced Nuclear Fuels● Nuclear Reactor Systems● Safety and Risk Assessment● Materials Management● Space Power Systems

Additionally, The Center for Advanced Energy Studies (CAES) is a research and education consortium led by the INL with member institutions Boise State University, Idaho State University, University of Idaho and University of Wyoming who are on a mission to promote the effective and efficient use of energy resources through cutting-edge research, effective outreach, and accessible

education.

3. Food Production: Idaho has transformed from a simple agricultural producer into an agribusiness powerhouse where food production businesses thrive. With a low-cost, pro-business climate, the second-lowest power costs in the country, and industrial rates that are 40% less than the national average, operating in Idaho makes sense for any company looking to produce world-class food products. Idaho is best known for it has a diverse portfolio of crops. Every year, farmers and producers account for an extremely diverse set of crops, seeds, dairy products, cattle and other livestock, wine, and beer.

Chobani: Chobani (stylized as CHOBANI) is an American brand of strained yogurt produced by Chobani, LLC. The company was founded in 2005 when Hamdi Ulukaya bought a plant in the town of New Berlin, New York that was being closed by Kraft Foods. On December 17, 2012 Chobani opened one of the world’s largest yogurt-processing plants in Twin Falls, Idaho. The one million square-foot facility cost $450 million and employs 300 people. The state expects the total economic impact of Chobani’s business there to be $1.3 billion.

R. Simplot Company (Simplot) Founded in 1929, the J.R. Simplot Company is one of the world's largest agribusiness companies. Headquartered in Boise, Idaho, the privately-held company employs more than 10,000 people worldwide with annual revenues of $6 billion. The company's integrated portfolio includes phosphate mining, fertilizer manufacturing, farming, ranching, cattle production, food processing, food brands, and other enterprises related to agriculture. Simplot remains focused on feeding a growing population. The company continues to seek out new ideas and approaches to provide safe and nutritious foods for future generations.

4. Aerospace: Idaho’s airspace and technological capabilities make Idaho uniquely positioned to play a significant role in the research, development, and testing of aviation-related products. Currently, northern Idaho is home to more than three-dozen aerospace companies, and more are landing in the region every year. This diverse array of small and mid-size businesses employ about 650 people who are involved in the production and service of aircrafts. In addition to commercial and private aviation businesses, Idaho is also taking advantage of its vast airspace to begin an Unmanned Aircraft Systems (UAS) program, with the goal of becoming a leader in supporting the integration of unmanned aircraft into the nation’s airspace.

Empire Airlines: Empire Airlines is a passenger and cargo airline based in Hayden, Idaho, near Coeur d'Alene. It operates over 120 scheduled cargo flights a day in 18 US states and Canada. They also build and fix planes, train and educate flight crews and mechanics, serve major air cargo companies, help airline startup companies get off the ground, and provide unmanned flight surveillance.

Western Aircraft: Based in Boise, Western Aircraft is one of the West's largest aircraft services companies offering maintenance, aircraft sales, avionics sales & installation, aircraft part sales, FBO services, airline fueling, aircraft charters, & aircraft management. The company began as the corporate flight department for the Morrison Knudsen Corporation that was headquartered in Boise, ID 60 years ago. Western Aircraft has five major hangars totaling 80,000 sq. ft. (not including office area).

5. Technology and Innovation: Idaho is home to the only US-based memory chip maker, Micron Technology, and is the center of Hewlett-Packard’s highly profitable Imaging and Printing Group, which introduced the HP LaserJet printer. Nearly 50,000 people work in Idaho’s innovation industry, and they’re pushing technology boundaries, launching start-ups, and fueling further growth and discovery. Technology and innovation are strong drivers of Idaho’s economy. This has led the number of high-tech companies in the state grew 61% over the past decade.

Micron Technologies: Founded and headquartered in the Boise Valley, Micron Technology is one of the world’s leading providers of advanced semiconductor solutions, and one of southwestern Idaho’s largest employers, with over 8,000 employees. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and

semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products.

Hewlett-Packard: The world’s largest technology company, HP established it printer division in Boise in 1973, immediately putting the Boise Valley on the map as a hub for technology innovation. The company’s first LaserJet printer was developed in Boise nearly 30 years ago, and since then HP has amassed a portfolio that spans printing, personal computing, software, services and IT infrastructure. With more than 4,000 employees, Hewlett-Packard is one of the Boise Valley’s largest employers.

Successful Cities

Boise City-Nampa: Backed by mountains, blessed with sunny weather, the Boise Valley is earning national acclaim like no other midsize city in America. The incredible quality of life has attracted a thriving mix of high tech, agribusiness and manufacturing businesses along with a young, educated workforce to serve them. With 690,000+ residents and a 3.4% annual in-migration rate, the Boise Valley has a large and growing population and still retains a friendly, small-town feel. With stalwarts like HP, Micron, Simplot, Albertsons, the Boise Valley has an infrastructure of talent and expertise from a legacy of large corporate headquarters. Collectively, the workforce is three years younger than the national average.

Lactalis American Group: Lactalis American Group is the U.S. holding company of Group Lactalis, the world leader in dairy products. The Lactalis Nampa plant employs more than 600 Idahoans and produces cheese and whey product with milk sourced 100% from local dairies in Idaho. Lactalis has invested nearly $200 million and nearly tripled the number of employees since they acquired the plant in 1999 from J.R. Simplot Company.

Clearwater Analytics: Clearwater is a foundational example of an Idaho success story, starting with its launch in Boise in 2004. Clearwater Analytics provides web-based, investment portfolio reporting and analytics for 4,700 clients, including Google, Oracle, Cisco and Yahoo. Today, the

company reports on more than $650 billion in assets from its corporate headquarters in downtown Boise.

Organizations

1. Idaho Association of Commerce and Industry: ACI represents about 300 Idaho employers of all sizes in such diverse fields as agriculture and food service, technology, accounting firms and banks, utilities, manufacturing and construction, as well as chambers of commerce from Idaho's large and small cities and associations representing a wide variety of interests in this quest to shape policy for a bright economic future.

2. Idaho Economic Development Association (IEDA): IEDA brings together economic development professionals, development organizations, and partners from across the state of Idaho. IEDA is a community of professionals dedicated to Idaho's economic prosperity. The members come from a broad diversity of geographic and professional backgrounds. Taken as a whole, the membership provides a broad depth of knowledge and experience to communities, businesses, and organizations across the state and regionally.

Trade Relationship between Idaho and Israel

Idaho and Israel have a strong relationship, which has led to an increase in trade between them. Exports from Idaho have grown considerably from $14,856,574 in 2014 to $22,136,901 in 2016. Major exports included food products, computer and electronic products, and machinery (except electrical). Imports from Israel into Idaho have considerably decreased over the past two years. Idaho imported imported $56,351,921 worth of good in 2014, which has dropped to $22,926,165 in 2016. Chief good that were imported were computer and electronic products, machinery (except electrical) and plastic and rubber products.

Idaho’s Export to Israel

Idaho’s Imports from Israel