Showing posts with label Local Economy. Show all posts
Showing posts with label Local Economy. Show all posts

Thursday, January 29, 2009

The Future Of Green Collar Jobs Is In Seattle

Mayor highlights McKinstry expansion; 500 new jobs expected
Green jobs in a new 120,000 square foot facility

Mayor  highlights McKinstry expansion - 500 new jobs expected, January 29, 2009

SEATTLE – Mayor Greg Nickels today presented McKinstry Company with a permit and approved plans for an expansion of its Georgetown facility in south Seattle. The company expects to hire an additional 500 people, a combination of professional and union craftsman, in the next two to three years. McKinstry is a construction and engineering firm, specializing in energy efficiency.

“One of our goals is to create new green collar jobs for those working to make our homes, offices and industry more energy efficient. McKinstry’s expansion illustrates there are many opportunities ahead in the new economy,” said Nickels. “This is just one example of ways Seattle supports local businesses and encourages family-wage jobs across all industries.”

With the permit issued today, McKinstry will develop 120,000 square feet of its property into additional office and manufacturing logistics space, as well as parking. The company’s future expansion plans include developing an additional 20,000 square feet for training center and offices to the south, and redeveloping the current parking area of 50,000 square feet into additional logistics support space.

“We are excited to be creating jobs in Seattle to support our national expansion in energy efficiency as we move toward a green economy,” said Dean Allen, chief executive officer for McKinstry. “Mayor Nickels’ leadership in energy and sustainability combined with
McKinstry’s commitment to the same values makes for a great partnership.”

Industrial businesses make up almost one fifth (18 percent) of Seattle’s total job base and are critical in maintaining a balanced local and regional economy.

The mayor launched his Industrial Jobs Initiative in August 2007 to continue his support for Seattle’s industrial and manufacturing businesses. At the heart of the mayor’s initiative were new land use recommendations with the goal to maintain existing businesses and jobs while encouraging new industries.

The initiative resulted in industrial zoning changes that protected family wage industrial sector jobs by placing new limits on non-industrial uses in our industrial centers. The McKinstry expansion is an example of a business adding office space and more manufacturing space to its headquarters, showing that industrial businesses can stay and grow in Seattle.

The city is committed to quickly reviewing and approving permits to support Seattle’s jobs, including the family wage jobs of our industrial and manufacturing businesses. The Mayor’s Industrial Permit Liaison works with these critical members of our community on a regular basis to facilitate the permit process.

Overall, Seattle’s industrial sector generates approximately 82,000 direct jobs, which does not include those in related fields supporting industry. On average, industrial jobs in Seattle pay $55,500 annually.

In January, McKinstry became one of 16 service companies to receive a United States Department of Energy Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contract (ESPC) that could result in up to $80 billion in energy efficiency, renewable energy, and water conservation projects at federally owned buildings and facilities.

The IDIQ Award comes on the heels of McKinstry’s moment in the national spotlight last year, precipitated by comments from then-presidential candidate Barack Obama, who cited the company as a “model for the nation” for its leadership in energy efficiency.

In 2008, Nickels pledged that Seattle would become America’s “Green Building Capital” by improving energy efficiency in commercial and residential sectors by a minimum of 20 percent.

He formed the Green Building Task Force, a 50-member task force that will advise the city on how to achieve this goal, which will save Seattle residents and businesses money on their energy bills and create new jobs in the green economy. Recommendations from the task force process will be finalized next month.

Get the Nickels Newsletter and the mayor’s inside view on transportation, public safety, economic opportunity and healthy communities at mayor.seattle.gov


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Seattle's Economy Makes National News




These are sad times

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Thursday, December 11, 2008

Surviving Layoffs: How-To Guide

Brian Westbrook posted 3 simple things you can do to finding that next job (even if you're not subject to a layoff). (Read More)


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Friday, November 21, 2008

Trying To Understand The Financial/Economic Crisis

Two Town Halls will be dedicated to the Economic Crisis. If you would like to learn more check out these two dates.

Nov 42th - Financial Crisis: Perspectives from the UW
Monday, November 24, 2008, 7:30 – 9pm
Great Hall, enter on 8th Avenue

Most of us are still having trouble understanding what has gone wrong with the world’s economic system, even as we face difficult and personal decisions about how to navigate the crisis, and evaluate the proposed solutions. The University of Washington has organized an interdisciplinary panel of experts to discuss the fast changing economic landscape, including Professors Lew Mandell, David Domke, and Jonathan Karpoff. From the perspectives of finance and politics, the panelists discuss how and why it occurred, how it might be influenced by the presidential elections, and steps we should take to protect our own pocketbooks and get the economy back on track. KUOW’s Steve Scher moderates. Presented by the Town Hall Center for Civic Life and the University of Washington.


Dec 10 - Forum: The Economic Crisis
Wednesday, December 10, 2008, 7 – 8:30pm
Downstairs at Town Hall, enter on Seneca Street

The Institute for Policy Studies, a progressive think tank, and the Working Group on Extreme Inequality present an interactive forum examining the root causes of the current economic crisis, its impact on communities, and opportunities for action in the coming months. Panelists are Rep. Jay Inslee (invited); Peter Dorman, Professor of Economics, The Evergreen State College; Kristen Sheeran, Economics for Equity and the Environment; and Tony Lee, Solid Ground. Moderated by Alan Preston, Working Group on Extreme Inequality.

$5 suggested donation at the door. Call 206/621-8209 or email alan@extremeinequality.org for more information.


Visit Townhall Seattle for more information
http://www.townhallseattle.org

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Friday, January 11, 2008

Gold hits a record high of $900 an ounce

Gold hits record $900 an ounce (link)


Damn! I should have listened to that Monex Lady

Wednesday, December 05, 2007

Could you live a green lifestyle and completely off the grid?

I know I couldn't. My favorite 30 days episode has two people go off to live in an almost 100 percent green community for 30 days. Growing their own food, recycling their human waste, solar power for electricity..etc. Though I know I could never live 100 percent off the grid and green, I would really like to adapt a lot of the green lifestyle to do my part for the environment.

The City of Seattle has set up an entire page filled with tips of how you can live green at home, in your yard, on the move & when you shop. Visit the site at http://www.seattle.gov/environment/cag/index.html

Watch This 30 Days Episode and see how the people of the Dancing Rabbit ecovillage in Missouri live?

Wednesday, October 10, 2007

Washington State Ranks 11th For Best Tax Climate

According to the Tax Foundation, Washington State ranks 11th for best Tax Climate. Why is this important?

"""States with the best tax systems will be most competitive in attracting new businesses and be the most effective at generating economic and employment growth," wrote the study's authors."" (from Puget Sound Business Journal)

Which is why this year Washington came out as the 5th best state for Business according to a study by Forbes Magazine

Another great reason to live in Washington State

Thursday, August 09, 2007

It's time to move to Seattle..or be glad you live here

According to to the Federal Reserve Bank of San Francisco Seattle ranked 5th for Technology Markets. (from PSBJ)

What does this mean? Well it means that the Seattle's economy will most likely remain strong as long as the Tech industry continues to do well. Housing market will continue strong and Seattle will continue to be a great place to move to.

Thursday, May 17, 2007

Seattle's Unemployment rate lowest in 24 years

from the Seattle Times
"For the first time in nearly a decade, Washington's unemployment rate was below the national level, which was 4.5 percent last month.

In the fourth year of Washington's economic expansion, the Seattle metro area has reclaimed its status as the state's job-growth engine, according to another set of data released Tuesday. Payroll-jobs data show that most of the state's employment gains occurred in King and Snohomish counties, where 4,300 jobs were added, mostly in fields such as software, education, health care and professional services."

Thursday, November 09, 2006

Seattle Named A Top Global Gateway

From The Seattle PI

This article is a great insight into the future of Seattle Economy and Real Estate.

Some Excerpts from the Article

With its easy port access to Asia, hot office market and international airport, Seattle's got it going on -- or so says the Urban Land Institute's emerging trends report, which pegs the Emerald City as one of the nation's top five "global gateway cities."

The U.S. cities that will perform the best next year will be coastal metropolises with easy access to the rest of the globe, according to the report co-compiled by PricewaterhouseCoopers and released locally today. Seattle's office market leapt over New York and San Francisco into the No. 1 spot with more real estate experts rating it as a "buy" than any other city.

The report calls cities such as Seattle "expensive and elitist," meaning that "people pay a premium to live in them." But companies pay handsomely for brainpower, so employees can afford to live in these places.






Monday, October 02, 2006

The Greatest Investment Washington can make..

"Education and Skills are the most important investment we can make in our economic
future." (Gov. Gregoire's economic plan called "Next Washington")

I am really glad to hear that this will be Gov. Gregoire's focus.
You can read the rest of Gov. Gregoire's economic plan here