October 24, 2016
Fast Facts
Bringing Business Up to Speed
Top Stories « All Categories

It's time! Tickets still available for this week's Manufacturing Summit

Fred Hochberg, chairman of the Export-Import Bank of the United States, will give the keynote address at the AWB Institute Manufacturing Summit this Wednesday. The theme of this year's summit is "trade" and how manufacturing is a key element to our state's economic success. Sponsored by RSM, and presented in part by media partner Puget Sound Business Journal, the event will be held in the Edward D. Hansen Conference Center at XFINITY Arena in Everett. There's still time to register for this Wednesday's event!
Read more »

Election update: Final gubernatorial debate, endorsements, ballots arriving in mailboxes

With ballots arriving and the general election barely two weeks away, it's time to study up on the issues and candidates that haven't received as much attention as the presidential race. From governor and state Supreme Court candidates down to local lawmakers, your vote matters for the future of Washington's business climate. Watch AWB's video voter guide for a quick primer on our election endorsements. Read more »

Statewide unemployment rate drops to 5.6 percent, but rural areas still struggling

Washington's jobless rate dropped last month as the state saw 20,000 new jobs -- 14,300 of them in the private sector. King County's 3.9 percent jobless rate contrasts sharply with the nearly 10 percent rate in some rural parts of the state, showing that the business climate is still uneven in Washington. Read more »

Seattle Times and Everett Herald join other newspapers in opposing I-732

The state's largest newspaper is the latest to come out against Initiative 732, arguing in an editorial that the measure would create a significant hole in the state budget -- and the budget of working-class Washingtonians. By costing the state's budget an estimated $800 million and by increasing costs for manufacturers and families, I-732 has earned opposition from all sides. The measure would increase the state's budget deficit and could push major employers to move out of state or shut their doors -- and consumers would pay 25 cents more per gallon of gasoline while electricity and natural gas costs rise.
Read more »

If you would like to unsubscribe from this newsletter, please contact members@awb.org.

Focus on Sustainability

Helping CAT Excavators Ride the Rails

HPF Manufacturing, Inc. has created an innovative way to cut fuel use by 97 percent for railroad work and maintenance.

The Snohomish County employer designed Rail-X undercarriages to maximize fuel efficiency by incorporating drive motors so that an excavator can be driven on rail to a work site by a single operator. The average fuel consumption is just 5 gallons per hour. In contrast, the traditional process for rail maintenance involves the following: An excavator is trucked to a rail site, hoisted and bolted onto a rail car, then pulled by locomotive to the work site. The average fuel consumption is 175-200 gallons per hour.

Using Rail-X excavators significantly cuts fuel consumption by up to 97 percent when compared to the traditional process of railroad maintenance, thus reducing the carbon footprint within the rail industry for a more sustainable and green environment.
Read more in Washington Business magazine
Reasons to Say Yes

Oil terminal merits approval

By Mike Bridges, business representative for IBEW 48, Longview

A recent letter by International Longshore and Warehouse Union (ILWU) Local 4 President Jared Smith mischaracterized the proposed Vancouver Energy crude-by-rail terminal.

Opponents such as Smith largely base their arguments on concerns about oil trains that are already running through this state and will continue whether or not Vancouver Energy is built.

The letter presented a false choice of windmills versus oil trains -- we need both. Cars, trucks, buses and jets don't run on wind. Petroleum fuels keep us moving and keep our economy strong.

Smith also asserted falsely that Vancouver Energy crude oil would go overseas. Instead, Midwest oil will go to West Coast refineries to create products we need, reduce crude imports by 30 percent, and enhance U.S. energy independence...

Read the full letter to the editor in The Olympian
Upcoming Events