August 19, 2019
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TOTE Maritime moving headquarters to Tacoma

Nearly 150 TOTE Maritime employees will be coming to downtown Tacoma. The shipping company announced last week that it is moving its headquarters from Federal Way into the downtown building that most recently housed State Farm.

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U.S. Rep. McMorris Rodgers announces $3.9 million in FCC support for rural broadband deployment in Stevens County

Rural broadband in northeast Washington is going to get a boost, thanks to $3.9 million from the Federal Communications Commission aimed at increasing internet access speeds in nearly 3,000 homes and businesses in Stevens County.

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AWB to host aerospace industry stakeholder meeting

AWB will host a meeting next Monday to discuss industry stakeholder public comment to the Citizen Commission for Performance Measurement of Tax Preferences as it looks at whether to endorse or not endorse the recommendations of the Joint Legislative Audit and Review Committee's preliminary report on the performance of Washington's aerospace industry tax preferences.

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Deadline approaching to report and remit Paid Family and Medical Leave premiums

Paid Family and Medical Leave reporting and remitting is underway. Employers and employer agents have until Aug. 31 to file reports and remit payments for the first two quarters of 2019.

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Now more than ever, employee benefits matter

A new suite of employee benefit programs through Colonial Life can help employers give workers access to quality insurance options.

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Local fire departments urged to apply to be part of the Holiday Kids' Tree Project

Christmas in August? No, but it is time to start thinking about the annual Holiday Kids' Tree Project. AWB members have donated more than $420,000 over the past 30 years to help families in need during the holiday season. Fire departments help us distribute that money in the form of toys and gifts. Now is the time for rural fire districts to apply to be part of this year's program. Employers with contacts in the firefighting community are being asked to spread the word.

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Choose HealthChoice
America Needs the Ex-Im Bank

Help state's diverse exporters keep making sales

By The (Everett) Herald Editorial Board

As a "good, and easy to win" trade war escalates with China, now would be a dumb time to take a useful tool away from Washington state's exporters of wine, seafood, software and -- oh, yes -- airliners and other advanced manufactured products.

Especially so, since that tool's full utility was restored only earlier this spring after being left hobbled for nearly four years.

That tool is the U.S. Export-Import Bank.

The Export-Import Bank, in operation for 85 years, helps businesses large and small by providing loans, insurance and other assistance that help promote exports by those businesses. That trade assistance helps those businesses secure sales that otherwise might not be facilitated by private-sector banks. While the federal government provides some funding for the bank's administration, its lending makes the bank self-supporting, and it actually is a money-maker for the nation, returning $5.2 billion to the U.S. Treasury during the last 10 years...

Read the full editorial in The Herald
Trade War Casualties

The Tariff Battle With China Threatens Washington's Well-Being

By Spencer Cohen

If left unchecked, the trade war between the U.S. and China has the potential for long-lasting damage to the Washington state economy. U.S. businesses have many legitimate grievances toward China, including intellectual property theft and industrial policies that seemingly disadvantage them in China. But the longer the dispute remains unresolved, the greater the risk to Washington's historically prosperous trade relationship with China. Trade wars, as a general rule, yield no true winners. The collateral damage -- in terms of lost overseas market share, aggravated supply chains, a reduction of cargo handled at our ports, reduced investment, and impacts to households in the form of higher costs -- can be pernicious.

Washington's close linkages with China make this region all the more vulnerable to an extended contraction of trade, impacting local businesses and communities across the state. For years, U.S.-China economic ties have helped mollify impulses for more aggressive agitation and flare-ups. A reduction in economic interdependence means less economic benefits are immediately at stake from a more strained relationship or even confrontation, a dangerous scenario for the world and Washington state's economic well-being.

Read the full editorial in Seattle Business Magazine