February 5, 2018
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TrueBlue receives Governance Award from Seattle Business magazine

TrueBlue was awarded the Governance Award by Seattle Business magazine last week in recognition of the “outstanding diverse composition, governance and oversight” of the company's Board of Directors.

The 31-year-old contingent staffing and recruitment company, with annual revenue of nearly $3 billion a year, has successfully maintained its principles in corporate governance, the magazine reports in its February 2018 edition. The company scores especially well for its policies on shareholder rights, equity compensation and oversight, according to a report from Institutional Shareholder Services.

The key is in the company's culture of sharing common goals, particularly a passion for customers and shareholders, said Jeffrey Sakaguchi, a director in the company.

“You can really feel it,” he told the magazine. “It’s palpable the way the board and management team executed their responsibilities to keep things going in the right direction.”

The board is diverse, with three of its nine seats held by women and three by people of color. That's deliberate, Sakaguchi said, with the aim of representing the workers it introduces into the workplace.

“We really are committed to helping TrueBlue evolve into the company of the future,” Sakaguchi said, “whatever that might be.”



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Work to ensure Boeing builds its next jet in the Puget Sound region

By The Seattle Times Editorial Board

Glowing praise of the Puget Sound region by Boeing's chief executive is reassuring as the state of Washington seeks to land production of the company's next jetliner.

"Puget Sound is part of Boeing for the future in a very strong way," Dennis Muilenburg said in an interview with Times aerospace reporter Dominic Gates.

But the region and state must continue working hard to convince the company that its hometown remains the best place in the world to manufacture its next plane, informally dubbed the 797.

A task force convened by Gov. Jay Inslee last year is making progress and preparing to submit a bid if there's a formal request for site proposals later this year. Regional groups in areas such as Snohomish County and Spokane also are making their case. This is a critical effort to retain and grow an industry that's a cornerstone of the state's economy.

While Muilenburg didn't tip his hand on the 797, which Boeing hasn't yet committed to build, he did drop hints about where Washington can improve its competitiveness.

One is the cost of living and doing business in Seattle, which are "higher than most of our other sites," he said...

Read the full editorial in The Seattle Times
Hard Work Remains


Competitiveness Redbook highlights Washington's successes, opportunities

By AWB President Kris Johnson

Washington's economy is the envy of many states across the country. Job growth in our urban areas is booming and cranes pepper the Seattle and Bellevue skylines.

All that points to a robust statewide economy today and into the future. Or, does it?

Each year, the Association of Washington Business (AWB) digs deeper into the state's economy and competitiveness, going beyond the headlines and accolades from outside groups, to determine where Washington can improve and harness opportunities for growth.

AWB's 2018 Competitiveness Redbook, released last month, is a data-driven guide to Washington state's economic health that uses comparisons -- 59 tables in all -- with other states to benchmark performance in key indicators.

One important indicator is job growth. The latest numbers show job growth remains a strength, with nearly 80,000 new jobs added over the past year. Looking deeper, however, that's actually 21,000 fewer jobs than the previous year, dropping our state down one spot to sixth in the nation...

Read the full column in The Wenatchee Valley Business World
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