Learn more about relocating or expanding to Washington

Washington business climate, manufacturer incentives, and advantages of WA communities

Relocate or Expand to Washington - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Washington business climate, manufacturer incentives, and advantages of WA communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Washington Business Data*

Washington

Population: 6,664,195
Total Labor Force: 3,449,700
Unemployment Rate: 6.4%
Number of Manufacturers: 6,485
Manufacturing Jobs: 272,373
Right to Work: No
Unemp. Ins. Tax: 0.526.03%
 
Corporate Income Tax:
None. State levies a Business and Occupancy (B&O) tax based on gross receipts. Rates vary depending on industry. The manufacturing B&O tax rate is .00484%.

Sales Tax:
6.5%. Exemptions include: Manufacturing machinery & equipment; solar hot water equipment; renewable energy machinery & equipment; hog fuel and forest-derived biomass.

Property Tax:
County assessors appraise industrial property at 100% of Fair Market Value according to the highest and best use of the property. Industrial machinery and equipment may be valued based on Industrial Valuation Tables published by the Department of Revenue. Exemptions include: Manufacturers of biodiesel/alcohol fuel; business inventories; intangible property.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
19% Transportation equipment
15% Food and kindred products
11% Industrial machinery and equipment
7% Lumber and wood products
7% Fabricated metal products

Largest Manufacturing Establishments:
(by number of employees)
Microsoft Corp. (Redmond) - 26,200
Boeing Commercial Airplane Co. (Everett) - 20,440
Boeing Co., The (Kent) - 5,500
Amazon.Com, Inc. (Seattle) - 4,000
Starbucks Corp. (Seattle) - 3,000
Terex Aerial Work Platforms (Redmond) - 3,000
 
Counties with the Most Manufacturing Jobs:
King - 148,446
Snohomish - 43,422
Spokane - 22,167
Pierce - 22,048
Clark - 17,201

Cities with the Most Manufacturing Jobs:
Seattle - 48,222
Redmond - 37,334
Everett - 30,332
Kent - 20,598
Spokane - 16,167

Manufacturing Related Business Incentives:
Brownfields Revolving Loan Fund (BRLF)
Rural Washington Loan Fund (RWLF)
Forest Products Revolving Loan Fund
Coastal Revolving Loan Fund/Technical Assistance
Community Development Block Grants (CDBG) Float Loans
Industrial Revenue Bonds
Rural County/ Community Empowerment Zones (CEZ) Incentives including B&O Credits for New Employees in Manufacturing and R&D
High Unemployment County Sales & Use Tax Deferral/Waiver for Manufacturing Facilities
Biotechnology & Medical Device Manufacturing Sales & Use Deferral/Waiver
High Technology B&O (Business and Occupation) Credit for R&D Spending
Reduced B&O Tax Rate for Aerospace Business
B&O Credit for Preproduction Development Expenditures
Reduced B&O Tax Rate for Timber Extracting and Manufacturing
Reduced B&O Tax Rate for Manufacturing Wood Biomass Fuel
Reduced B&O Rate for Manufacturers of Semiconductor Materials
Reduced B&O Rate for Manufacturers of Solar Energy Systems
Reduced B&O Rate for Aluminum Smelting
Main Street Tax Credit
B&O Tax Deduction for Sale of Biofuels
NEW: Innovation Partnership Zones (IPZs)




Looking to reach Washington manufacturers? Access the Washington Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/20/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912