Not too long ago, some
believed metal trade companies were doomed to extinction in the flat earth
economics of the 21st Century. Instead, the sector grew faster than
information services and today, metal trades are bigger in Washington than wood
If this sounds familiar, you probably heard it first through earlier issues
of the Seattle Industry eBulletin. But if the metal trade boom is news to
you, the Bulletin is probably new, too.
This issue is being circulated to potential new readers and someone
nominated you for inclusion. Click the link at the bottom if you want to be
freed from the distribution list - or, read on.
The Bulletin is an online supplement to Seattle Industry, a magazine that
is periodically distributed to nearly 13,000 industrial businesses
throughout the state. The eBulletin goes out weekly and links readers with
articles, reports, clippings and other news they often won't find anywhere
else -- like the amazing growth in metal trades.
From 2002-2006, metal fabricators and machine manufacturers in our state
collectively recorded revenue growth of 96% to $9.2 billion and job growth
of 14.6% to 32,900. That was nearly triple the average revenue growth rate
for other companies (39%) and surpassed overall job growth of 12%. Along
the way, metal trades grew into a bigger sector than wood products, which
had 2006 revenues of $8.7 billion and a payroll of 20,000. By revenue,
metal trades also grew bigger than many more visible service sectors,
including real estate, with $8.9 billion in revenue; telecommunications,
$8.8 billion; insurance, $6.3 billion; computer services, $6 billion, and
legal services, $4 billion.
These trends were identified through the Northwest Industrial Index and
they will be examined in depth in the April issue of Seattle Industry
The Seattle Industry eBulletin is published by the Manufacturing Industrial
Council of Seattle. For more information, call 206-762-2470 or email
The Boom Next Door
U.S. economic forecasts might be
gloomy, but high oil prices continue to fuel a frenzy of construction and
economic opportunities in Alberta, Canada.
Companies from Washington can connect with
potential customers and investment opportunities at the National
Buyer/Seller Forum March 25-27 in Edmonton,
just 90 minutes by air from Sea-Tac, a fact that illustrates our good
fortune in being so close to such a hotbed of economic growth. The Alberta oil sands stretch across an area about the
size of Florida and it is believed they
contain the second largest oil reserves in the world, trailing only Saudi Arabia.
Petroleum is the focus of the big push, but oil development is expected to
bring 250,000 new residents to Alberta,
a population influx that is driving demand for construction, building
supplies, industrial supplies, groceries, shoes, hair cuts –
you name it.
The Washington State Department of Community, Trade and Economic
Development (CTED) is offering a $1,500 package that will connect
Washington companies with Canadian companies looking for partners during
the Edmonton Buyer-Seller Forum. The fee covers the $700 registration fee
for the forum and the services of Strategico
Marketing Group, a Calgary
firm that will work with you ahead of time to set up meetings with
appropriate Canadian firms.
If you want to learn more, contact Brian Pleet of
Strategico at (403) 286-0038, or
email@example.com. Or, go to the Strategico web site at www.strategico.ca. Or, you can
sign up through Andrew Crowder at CTED, 206-256-6140 or
642,000 Miles Saved
More than 642,000 car
miles and $366,000 in car operating expenses were saved by Duwamish area
workers utilizing the Easy Rewards program over the past eight months. The
program provides financial incentives to employees who try carpools,
vanpools, public transit or some other alternative to drive-alone
commuting. More than 320 have joined since June 2007. From June 2007
through January 2008, the program participants also eliminated 17 tons of
carbon monoxide emissions.
Incentives are still available for new participants through the Duwamish
Transportation Management Association (TMA). To sign up, call Erin Evetts at 206-762-2470 or visit www.duwamishtma.org/easyrewards.
Getting Your Hands Dirty in the Duwamish
The Georgetown Riverview
Restoration project is back in action on Saturday, March 1, 2008. Join
neighbors and friends at the first clean-up project of the year at Gateway
Park North starting at 10:00 AM until 2:00 PM. For more information go to: www.georgetownneighborhood.com/Riverview.html
or contact Katrina Mendrey, Outreach
Coordinator at firstname.lastname@example.org or
206-595-3085. Please RSVP.