Herald Business Journal, January 01, 2015

Market Facts 2015 The statistical profile of Snohomish County

The Carbon Age Carbon-fiber composites are revolutionizing aerospace • 8-9

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STATISTICAl SNAPSHOTS

NEWSROOM

ADVERTISING SAlES

Boeing’s new Composite Wing Center underscores importance of carbon fiber composites, Pages 8-9

Listing of banks with Snohomish County branches . . . . . . . . . . . . .22

Editor: Jim davis 425-339-3097; jdavis@heraldnet.com; businessnews@heraldnet.com

Jody Knoblich 425-339-3445 — fax 425-339-3049 jknoblich@heraldnet.com

BUSINESS NEWS

Occupational wages for SeattleBellevue-Everett . . . . . . . . . . 25-27

Contributing Editor: Jocelyn robinson

Snohomish County aerospace companies . . . . . . . . . . . . . . .27-29

Publisher Josh o’connor 425-339-3007 joconnor@soundpublishing.com

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send news, op/ed articles and letters to: The herald Business Journal, P.o. Box 930, everett, Wa 98206, or email to businessnews@ heraldnet.com. We reserve the right to edit or reject all submissions. opinions of columnists are their own and not necessarily those of The herald Business Journal.

COVER STORY

Snohomish County home sales and prices, 2011-2014 . . . . . . . . .23-24

KUKA Aerospace opens its robotics factory in Everett . . . . .10 Have rental rates hit the ceiling or will they continue to rise . . . . . . . .

14-15 From the Boeing vote to legal pot: A look back at 2014 . . . . . . . . . . . .

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Seattle metro area unleaded fuel prices . . . . . . . . . . . . . . . . . . . . . 29 Snohomish County’s largest employers . . . . . . . . . . . . . . . . . 30

Contributing Writers: debra Vaughn, marci dehm

mesh made from carbon fiber composites / Thinkstock

Snohomish County unemployment rates, 2011-2014 . . . . . . . . . . . . 30

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higher educaTion news

Creating a ‘gem in the community’ WSU makes new University Center top capital priority

By Jim Davis

The Herald Business Journal Editor

EVERETT — It’s the top capital priority for Washington State University in this upcoming legislative session: A $61.1 million academic building in north Everett.

The four-story, 95,000-square-foot structure would be the new home for the University Center and a lasting, physical presence for WSU in the community.

“I think the building we’re planning is really going to be a gem in the community,” said Paul Pitre, dean of WSU North Puget Sound.

It would also serve as a concrete commitment for the community, which has been pursuing a four-year, research university for decades, said Bob Drewel, interim chancellor for WSU North Puget Sound.

“That transcends hope,” Drewel said.

“That’s reality.”

Add on a $4.5 million request to expand programs in Everett and it makes for an important legislative session for both WSU and the region.

It will be a difficult session, because the Legislature is already looking for more money to pay for K-12 education, part of the demands of the McCleary decision.

Drewel said he understands that. He adds that the Legislature always has a demanding job finding money for competing priorities. But he said it would be folly to consider K-12 in isolation of higher education.

He also notes that the state made a commitment to Boeing in the process of placing the 777X in Everett to provide machinists, engineers and mechanics for the aerospace industry.

“That’s something that is very, very

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Washington State University is asking for $61.1 million from the Legislature to build a new home for the University Center in north Everett.

“I think the importance to WSU is the ability to have the types of facilities that we need to have to offer these top-notch engineering programs.”

— Paul Pitre important,” Drewel said.

A telling sign is coming at the end of December when Gov. Jay Inslee releases his capital budget. Lawmakers in the Senate and House will release their versions in the session.

Everett has sought a university for years, first when lawmakers looked to place what would eventually become University of Washington Bothell.

More recently, city, county and state leaders thought the UW would build a branch campus somewhere in the county.

But UW retreated amid infighting among civic leaders on a location and the

feared cost of construction a new college.

In stepped WSU under the leadership of President Elson Floyd.

In 2012, the university started offering classes for a mechanical engineering degree through the University Center, a collaboration of public and private colleges based on the campus of Everett Community College.

This fall WSU launched bachelor’s degree programs in electrical engineering, communications and hospitalitybusiness management.

For years, Everett Community College managed the consortium, which includes the University of Washington, Western Washington and Central Washington universities. On July 1, the community college transferred control to WSU. Conversations for the new University Center building began in 2012. Last year, WSU received $10 million in state funding to design the facility, planned for a chunk of land that is now part of the parking lot at the College Plaza shopping center, near the corner of North Broadway and Tower Street.

In the upcoming legislative session, WSU is asking for $4.5 million to launch four new programs offering 10 majors.

Those programs are aviation management and aviation maintenance management; data analytics; software engineering; and sustainable food systems.

Central Washington University already offers the aviation program at its campus

in Ellensburg, but would expand to offer classes for up to 30 students in Everett.

Data analytics and software engineering would offer choices for students seeking STEM courseloads. Sustainable food systems would dovetail with existing programs already being offered at Edmonds Community College and Skagit Valley College in Mount Vernon.

“I think people in the three county region should anticipate each and every program has substantial thought behind it,” Drewel said. “It has a purpose and a reason for its delivery.”

The University Center currently teaches about 400 students. If the new programs are added, the University Center would add another 100 or more, Pitre said.

And that’s part of the need for the new building. They’re already running into space issues in their borrowed home at the EvCC campus. The new building will include 12 classrooms and 10 laboratories. It will have a small space for a café and another area set aside for public gatherings.

It will be vital for the science, technology, engineering and mathematics courses the university intends to offer.

“I think the importance to WSU is the ability to have the types of facilities that we need to have to offer these top-notch engineering programs,” Pitre said.

If the Legislature approves the project, construction could start as soon as next year with an open date in 2017. Its location near EvCC’s new Advanced Manufacturing Education & Training Center is ideal. They’re also considering how the WSU North Puget Sound can grow into the future.

“We are looking at opportunities at this moment to go forward in that regard,” Drewel said.

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Genna marTin / The herald

Jacob Bruns repairs a piece of carbon fiber composite with a honeycomb core during an Everett Community College class. Carbon fiber composites are being used more in manufacturing including in aerospace.

Material of the moment Aerospace relying on strong, light carbon fiber composites

By Debra Vaughn

For The Herald Business Journal

Take a drive down Highway 526 and look north toward the cranes and trucks and workers building the future of not only Boeing but an entire region.

Contractors are creating a new 1.3 million-square-foot factory where Boeing workers will eventually fabricate airplane wings for a new family of twin-aisle airplanes called the 777X. The new plane marries the technology of the popular 777 with the material advances of the fuel-efficient Dreamliner.

When the first 777X rolls off the factory floor sometime around 2020, it will be the largest and most efficient twin-engine jet in the world.

That efficiency largely comes from the wings that will be fabricated from a super light and strong carbon fiber composite

file phoTo

Construction of the new facility that will build carbon-fiber composite wings of the 777X in Everett is already ahead of schedule.

material. At a groundbreaking ceremony, Boeing chief executive officer Ray Conner called them “the most phenomenal wings in the world.” He said the compos-

ite wings would take Boeing into the next century.

A lot of the future is riding on those wings.

The Composite Wing Center secures a future for Boeing in Everett and all that comes with it: good-paying jobs, tax revenue and the pump of steady paychecks into the local economy.

Boeing declined to say exactly how many jobs the new 777X will create but did say that it would increase employment on the 777 group by 10 percent.

Boeing’s move toward more advanced manufacturing techniques sets the stage for other companies to cluster here.

For instance, KUKA Aerospace, a division of the largest robotics companies in the world, just opened a facility near Boeing and is on tap to create the automated system that will build the fuselage of the 777X. “We have a renewed confidence this industry will be here for a minimum of the next few decades,” said Alex Pietsch, director of the state Office of Aerospace.

“The decision to build the 777X here will interest companies around the world who want to be here and make investments.

“Companies already here are expanding as they ramp up to meet increased

MARKET FACTS 2015 the THEherald HERALDBusiness BUSINESS JOURNAL market facts 2015 Journal B9 9

cover story Carbon-fiber composites are prized for a high strengthto-weight ratio. They don’t easily fatigue like metal or corrode.

They’re easy to mold and shape. production rates. It’s exciting.”

When the Composite Wing Center is complete, it will hold automated equipment that fabricates the components of the 235-foot wings: the wing spars, wing skins and stringers.

Equipment will wind carbon fiber layers around a form and then the parts will be cured in 120-foot-long autoclaves.

The components will then be assembled elsewhere in the Everett site.

Carbon-fiber composites are prized for a high strength-to-weight ratio.

They don’t easily fatigue like metal or corrode. They’re easy to mold and shape and bonded structures are smoother and more aerodynamic than those that are riveted.

On the downside, carbon-fiber composites require special storage and handling and expensive equipment to create. They require a skilled work force to create and repair. And composites are expensive.

There’s an incredible demand beyond Boeing for skilled workers who know how to fabricate and repair composites, said Patrick Murphy, an instructor for Everett Community College’s Advanced Manufacturing Technology Composites program.

By his own audit, as many as 180 companies in the county manufacture or in some way work with composites in industries such as aerospace, marine, wind or the military.

The Everett Community College program regularly has a waiting list for the 20 slots in its program. The program is adding another 20 slots.

The use of composite materials isn’t new in many industries.

Manufacturers routinely use composites for bikes, tennis rackets and other sporting goods. Composites in various forms are used in tubs, showers and sinks.

Advanced composites are used in boats and aircraft.

BMW opened a plant in Moses Lake in Eastern Washington in 2011 that will provide carbon fiber parts for the i3 and i8 models.

Both models will be assembled in Leipzig, Germany.

The Boeing Co. and the BMW Group announced in 2012 that they had agreed to collaborate on research on carbon fiber recycling.

The companies also said they would share carbon fiber manufacturing process simulations and ideas for manufacturing automation.

Snohomish County is becoming something of a hub for advanced manu-

Genna martin / the herald

Everett Community College instructor Patrick Murphy (right) estimates that 180 firms in Snohomish County work with carbon-fiber composites..

Genna martin / the herald

Carter Passmore repairs a carbon fiber piece during an Everett Community College Aerospace Composite Certificate class.

facturing, which includes carbon-fiber composites, said Troy McClelland, president of Economic Alliance Snohomish County.

Boeing is spending more than $1 billion dollars on the Composite Wing Center. Contractors are working at breakneck speed to get the building finished by May 2016.

Production is scheduled to begin the following year with the first aircraft ready for customers in 2020. That’s a tight timeline.

“Customers have told us they need this aircraft in their business cycle,” said Eric Lindblad, vice president of the Wing Integration 777X Program. “We’re on an accelerated timeline.

“We have to build an entire building,

get the equipment installed and start production.”

With so much on the line, easy working relationships with city officials who handle permitting was one factor in deciding to locate production in Everett, he said.

Contractors got a seven week head start after local and state officials worked together to streamline the permitting process.

Another factor was the successful approval of an eight-year contract extension with the International Association of Machinists and Aerospace Workers District 751 that included an agreement by Boeing to fabricate and assemble the wings of the 777X in the Puget Sound.

Statewide, the composites industry offers the potential for tens of thousands of skilled labor jobs, according to the state Department of Commerce.

State employers engage in composites last year employed more than 10,000 workers — that’s up from nearly 8,400 in 2011. That excludes jobs at Boeing.

Boeing and composite supplier Toray Industries pioneered the use of prepreg composites — a combination of highstrength carbon fiber and toughened epoxy resin — in the 1970s. By 1994, assemblies including the empennage and floor beams were being produced for the 777 program.

In 2004, Boeing launched the Dreamliner, which had more composite material than any other commercial airplane.

The 777X is the next iteration. It is expected to boast 12 percent lower fuel consumption and 10 percent lower operating costs than the competition.

That’s appealing to customers who above all else want an aircraft that is efficient to operate, said Lindblad, the vice president of the Wing Integration 777X program.

The only ways to affect efficiency are to improve engine performance, design a more aerodynamic aircraft or reduce weight.

The 787 with its higher make up of composites was a quantum leap over its aluminum predecessors, and Boeing learned how to better apply these composites, he said.

The company opted to use more composite material on the wings of the 777X, rather than the fuselage, because that’s where the strength and lightness of composites make the biggest difference in weight.

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manufacTuring news

Robotics factory opens in Everett

By Debra Vaughn The Herald Business Journal

EVERETT — KUKA Aerospace, a division of one of the largest robotics companies in the world, has opened a facility in Everett on Seaway Boulevard near Boeing.

The company builds

state-of-the-art automated systems and is working with Boeing on manufacturing technology to build the 777X. KUKA is creating automated robots that will fasten the panels of the fuselage together, drill and fill more than 60,000 fasteners that are now installed by hand.

KUKA’s arrival is just the beginning of advanced manufacturers that will be drawn to the area to support the more technical production of the 777x line, said Troy McClelland, president of Economic Alliance Snohomish County.

The robotic system designed by KUKA is

the latest in a series of advanced manufacturing changes on the 777 program, which already include new systems for painting wings and other drilling operations.

“You can see this trend toward more advanced technology in the 777X line and this should demonstrate a shift in manu-

facturing,” McClelland said. “We’re well positioned for advanced manufacturers to take root here.”

McClelland said he’s spoken with a handful of other companies involved in automation, advanced material and composite technology interested in locating here. He didn’t

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Snohomish County is a desirable location for these companies because it offers an existing technology cluster, a technical work force, education programs at local community colleges and municipal officials ready to work with companies on a smooth transition, McClelland said.

The 29,000-square-foot KUKA facility will serve as a service and maintenance hub close to its customers on the West Coast. The center will employ about 75 people, most of them hired from the local area, according to a prepared statement from the company. KUKA Aerospace, the global aerospace division of the KUKA Systems Group, is based in Clinton Township, Michigan.

KUKA’s project portfolio includes orders from some of the world’s largest aerospace manufacturers to design and build assembly systems for commercial, business and military aircraft.

This is one of the largest projects KUKA has undertaken in the aerospace sector.

When the Boeing 777X twin-aisle passenger jet goes into full production, each fuselage will be built using advanced automation technology developed collaboratively by KUKA and Boeing, according to the company.

Before, a giant lathe-like machine turned the fuselages, and workers stood inside and out, drilling and filling. KUKA’s new technology allows machines to drill from above, which saves time and is expected to improve worker safety.

More than half of all injuries on the 777 program occurred during the phase of production that will be automated, according to a statement from Boeing.

The 777 program is testing the technology, known as Fuselage Automated Upright Build, in Anacortes. The system will be installed in Everett in a new portion of the main factory now under construction.

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Washington state University north PUget soUnd at everett The North Puget Sound is one of the most distinctive regions in our state. Its landscape is filled with picturesque mountains, water, and river valleys where some of the most delicious crops of Washington are grown.

Our region is also the scene of burgeoning opportunities for high paying jobs and economic growth. Home to the most significant manufacturing cluster in the state of Washington, the region is also known for its high concentration of technology-based jobs – second only to King County in the state.

To further advance these strengths in agriculture, manufacturing, and high tech, residents of this region also have one-of-a-kind higher education choices like never before.

Washington State University is now the manager of the Everett University Center, a consortium of institutions who have come together for higher education delivery. The EUC offers the third- and fourth-year instruction in baccalaureate degree programs for those interested in receiving their education and then working here at home.

“Never has there been such a wide array of educational opportunities for students here in North Puget Sound,” says Bob Drewel, Chancellor of EUC and WSU North Puget Sound at Everett. “Because of the hard work of this community, civic leaders and partners, the support of the legislature, and the commitment of WSU, students have more choices to seamlessly transfer from a local community college and earn four-year degrees that can lead to high paying jobs vital to our region.”

Gabriel Valea (pictured right), is proof of the value of this unique approach to higher education that benefits students who need options in the college experience. “I am excited to earn my WSU degree here in Everett, “ says Gabriel. “The campus, co-located on the Everett Community College campus, fits my preferred learning style. I want a campus that is more intimate, smaller in size, and where I know my professors and they know me. I have confidence that I will be able to take my mechanical engineering degree to the next level when I graduate: finding a great job here in the area.”

“Gabriel’s story is an example of the benefits of having four-year degree options here in Everett,” says Paul Pitre, academic dean of EUC and WSU North Puget Sound at Everett. “Gabriel is thriving because of the relationships he has developed with his professors and fellow students. He is experiencing a world-class education that prepares him to be ‘job-ready, day one’ when he graduates with his WSU diploma.”

“I am grateful that I am earning my degree in an educational setting that best fits me,” says Gabriel. “I feel at home at WSU North Puget Sound at Everett because literally, I am home, a place I enjoy, where I want to work, and where I want to stay.”

WSU is proud to be part of the Everett University Center

WSU is working closely with its academic partners, community leaders, and the legislature to explore expanding the academic offerings at EUC and WSU North Puget Sound at Everett. “We are asking the legislature to support up to 10 new academic program options for students; all connected to the job opportunities unique to our area” says Chancellor Drewel. “If approved, new offerings will include aviation managment programs by Central Washington University along with several individual WSU degree programs covering agriculture, data analytics, and software engineering.”

These programs, designed to take advantage of the region’s economic strengths, will add to the already robust set of third- and fourth-year baccalaureate degree offerings through the EUC. 1188647

“We are unique in this state,” says Dean Pitre.

“It is only here in Everett where you can earn your AA degree at EvCC or Skagit Valley College or Edmonds Community College, or any community college, and then matriculate at either University of Washington – Bothell, or WSU North Puget Sound at Everett, Western Washington University, CWU, Eastern Washington University, Evergreen State College or Hope International, a private university to take high quality, highly rated third- and fourth-year courses to finish your bachelor’s degree at one of these excellent institutions.”

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real esTaTe news

Will rising rental rates continue?

By Marci Dehm For The Herald Business Journal

Mark Mulligan / The herald

Workers add floors to an apartment building under construction at Rucker and Hewitt avenues in Everett. Thirteen hundred apartments are expected to be added in Snohomish County in 2015.

nearly 300,000 square feet of office space in Bothell in order to house those office workers displaced when old buildings were torn down to begin construction on Everett’s new wing plant.

“Obviously it was a great boon for Bothell,” Jackson said. “Most of those leases are for three to five years so there is a little bit of speculation as to what they might do at the end of those lease terms.”

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Commercial and residential rental rates have been strong in the Puget Sound region over the last year.

But can they continue in that trend?

And what about Snohomish County in particular?

Brent Jackson, vice president of the brokerage group Jones Lang LaSalle in Seattle, works primarily in the industrial commercial lease and sale market. He knows the Snohomish County market, well, particularly those areas around Lynnwood and in the Seaway industrial zone in Everett.

“Over the last two to three years, the general trend for industrial space in the north end market has been in a positive direction,” Jackson said. “It has moved to lower vacancy rates and more demand and more deals getting done as well as the resultant increase in rental rates.”

Unless there is an unforeseen downturn in the aerospace market or the general economy, Jackson believes the Snohomish County industrial rental market is in pretty good shape for quite a while.

A key move in this industry occurred in April 2014 when Boeing signed leases on

Prior to Boeing’s move, there had been a number of spaces in the 20,000- to 50,000-square-foot range that had been sitting vacant on the market for quite a while. Suddenly the majority of those spaces were leased, creating an extremely tight local market from a vacancies standpoint.

“At the end of the third quarter, our metrics that we track indicate about 5.5 percent vacancy, which is very low,” Jackson said. “What we are seeing, going into 2015, is that people who want to lease space in that market are going to have a challenge in finding good quality, modern, reasonably priced space.”

The lack of alternatives may force tenants searching for properties in the Woodinville, Bothell, Lynnwood and Everett areas to look further north. That could be good news for north Snohomish County.

Jackson recently had a client looking in the Arlington area simply to get the square footage the company needed. The buildings on available properties in that zone aren’t usually as new or amenityfilled as those found in the Seaway area, he said, and the location not as desirable.

But many tenants may be willing to compromise on their wish list in order to get housed.

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Jackson has also noticed some speculative development taking place in the Seaway Center of Everett. Specifically he pointed to the Powder Mill Business Center being developed by Panatonni. The gamble seems to have paid off already for the company.

“They have signed a lease with HDI Landing Gear, which is a new company coming into the market from Montreal that is doing work for Boeing,” Jackson said.

HDI is scheduled to open next year in the 21,000-square-foot space. Many other potential tenants have also shown interest in the 36-acre industrial park.

Another area of the rental market that has been abuzz is the multifamily housing or apartment rental market. The recently reported apartment vacancy rate for the Puget Sound region is 3.8 percent, up only minimally from the 3.6 percent vacancy rate reported for spring 2014.

Rents rose 4.7 percent over the past six months and are 8.2 percent higher than they were a year ago.

On the surface, these figures from the Apartment Vacancy Report appear to paint a rosy picture for the industry.

But these rent averages are likely to be skewed. Online real estate database Zillow pointed out in a recent article that the increase in new construction has resulted in premium units that can be rented for a higher price.

Patty Dupre, a principal with Dupre + Scott, noted the same in a recent press release, referring to it as “the skew of the new.” New units simply rent for more money and this distorts overall rent

“What we are seeing, going into 2015, is that people who want to lease space in that market are going to have a challenge in finding good quality, modern, reasonably priced space.”

— Brent Jackson trends.

To better understand the apartment market, it has to be examined in depth.

Matthew Gardner, an economist and principal at Gardner Economics in Seattle, has been analyzing the actual stability of the market.

Apartments have been strong, he explained, because when the post-recession credit market began to thaw, the only asset class that banks would touch were apartments. This spurred on developers, especially in the urban areas that had a high demand for residential rental units.

“I think in general we are going to see some stress occurring in the greater Seattle market in the next couple of years purely because we are bringing on a lot of new product,” Gardner said.

He believes Snohomish County should not be significantly touched by such stress because it has a lower development rate.

About 1,300 new units are scheduled to come online for Snohomish County in 2015. King County, by contrast, is seeing a projected number of more than 10,000 new units to open next year.

In all, Gardner thinks the apartment market is very buoyant. There are a lot of companies out there looking to develop

We specialize in

and a lot of companies looking to acquire those apartment developments. He believes next year is going to be the same but with a tapering of the rapid growth in rents that has been seen over the last few years.

There is one segment of the residential rental market that is not tracked by any agency. For that reason, any facts or figures on the health of the single family residential rental market have to be anecdotal.

The sales inventory for single-family homes is still low, which could indicate that fewer people are able to buy homes to convert into residential rental properties. In fact, there may be a trend in the opposite direction.

“It’s an interesting dynamic right now,” said Everett attorney Rob Trickler, president of the Washington Rental Owners Association, All County Evictions and the Landlord Law Group.

He has seen a number of landlords sell their residential rental properties in response to the demand for single-family homes. Many were reluctant landlords to begin with, only renting the properties in order to hang on to them until they had recouped some of their pre-recession

value.

These homes are likely to be converted back into primary residences rather than remain in the rental market. That is not to say that there are not buyers out there looking for an investment property.

“Folks who are buying up rentals are typically well-suited landlords that are now taking advantage of the market turning around to the point where they can get financing and they’re buying stuff that is relatively cheap or foreclosures,” Trickler said.

Nevertheless, Trickler is not seeing the kind of rental action he would expect in the county. It’s still financially challenging for many local landlords and some seem reluctant to pull the trigger on difficult tenants even with a low vacancy rate as a safety net.

He also is seeing a reaction in the underside of this market – a room rental trend. This can be people renting a single room in their homes to try and help with the bills, taking in a roommate or something even more complex.

“A lot of people are setting up rooming houses,” Trickler said. “Some legal, some not.”

As for the immediate future of the single-family home rental market, Trickler suggests keeping an eye on the coming legislative session where rent control is going to be a topic. He believes that if the proposal to take the state prohibition for rent control off the books is successful, it may impact the market negatively.

But short of a crystal ball, Snohomish County will have to wait and see what 2015 brings.

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18 The herald Business Journal

markeT facTs 2015

Year in review

2014: A time of lasting change Herald Business Journal Staff

The economy improved, the unemployment rate fell and housing prices started trending up.

The biggest business news in Snohomish County in 2014 — as it almost always is — revolved around Boeing.

The year started off with a bang when the Boeing machinists narrowly approved a new contract with the company that cuts benefits but ensured the 777X, and its innovative carbon-fiber wing, would be assembled in the Puget Sound region.

Boeing again captured headlines in February when it announced those wings would be built in Everett.

It wasn’t all rosy for the county: Plans for a Seattle-based shipbuilder to move to the Everett waterfront fell by the wayside.

Add in Washington’s venture into allowing the sale of recreational marijuana and the impact of Oso in the community and it’s been a busy year.

Here’s a look back the biggest business news for the county last year: 1. Machinists agree to concessions to keep 777X assembly in Puget Sound region

Genna marTin / The herald

Hazel Powers (center), a 35-year Boeing employee, and other Machinists rallied on Jan. 3, 2014. The vote to accept contract concessions will impact Snohomish County for decades.

The biggest business news happened three days into the new year: Machinists with a 51 percent vote agreed to contract concessions to keep the assembly of the 777X in the Puget Sound region.

Union leadership urged members of

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2. Boeing picks Everett for 777X plant Everett always was favored to get the factory to build carbon-fiber-composite wings for the new 777X at Paine Field.

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District 751 of the International Association of Machinists and Aerospace Workers to vote against the concessions.

The leadership said the loss of pensions and higher health care costs was just too much to give to a company making

record profits.

The deal secured the future of Boeing in the birthplace of Boeing for decades to come, said Commercial Airplanes President and CEO Ray Conner.

“The future of Boeing in the Puget Sound region has never looked brighter,” Conner said on Jan. 3. “We’re proud to say that together, we’ll build the world’s next great airplane — the 777X and its new wing — right here. This will put our workforce on the cutting edge of composite technology, while sustaining thousands of local jobs for years to come.”

If the vote had gone the other way, it would have created an uncertainty for the Puget Sound region and the state. Later in the year, Mountain Pacific Bank CEO Mark Duffy said the outlook for the region totally changed with that vote.

“If that vote went the other way, I would have had discussions with the board to position ourselves to sell in the future,” Duffy said.

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market facts 2015 Journal B19 19 MARKET FACTS 2015 the THEherald HERALDBusiness BUSINESS JOURNAL

Q: DO YOU WANT TO TAKE YOUR BUSINESS TO THE NEXT LEVEL? A: ATTEND THE PRIME SMALL BUSINESS SEMINAR SERIES!

courtesy of everett community college

Welding student Margaret Montagne uses a CNC plasma table at Everett Community College’s Advanced Manufacturing Training & Education Center, which opened in 2014.

4. Kimberly-Clark property deal goes south It looked like Everett had an answer for the departure of the Kimberly-Clark mill on its waterfront.

Kimberly-Clark closed its mill in 2012, laying off 700 people. It was the last smokestack for a town nicknamed the City of Smokestacks.

The city wanted to attract an industrial use for the waterfront and had interest from Foss Maritime, a subsidiary of Saltchuk. The company has a shipyard in Seattle where it maintains a fleet of tugs, barges and other specialty vessels. The 66-acre Kimberly-Clark property with its deep water access seemed like a place for Foss Maritime to move and grow.

Kimberly-Clark and Saltchuk agreed to

a deal in October 2013.

From the beginning, Saltchuk cautioned that it needed to do due diligence before purchasing the land. In April, Saltchuk announced that contaminated and unstable soil on the site was too risky for it to go forward.

Kimberly-Clark said that it had interest in the site before Saltchuk and expected more interest. Mayor Stephanson said at the time he was hopeful that the companies could resume discussions.

4. Legal pot businesses open across the county The line started at 7 a.m. at Cascade Kropz in Arlington, the first legal recreational marijuana retailer in Snohomish County. The mother and son who own the business, Lisa and Brad Kihm, pumped up music and handed out water to the dozens who showed up on July 13.

They had 4 1/2 pounds of marijuana and an ample number of customers on that day as they became one of the first 25 legal pot stores in the state to open.

Growers and producers had been working on the marijuana crop for months after voters approved Initiative 502 in November 2012. That work was being done behind scenes. Once the stores opened, the cameras came and Washington’s experiment into legal weed became headline news. Since then, dozens of other stores have opened across the county and the state although some communities have banned the businesses.

By September, High Times — the venerable magazine on all things pot — hosted a trade show at the former Comcast Arena in Everett complete with a logo of George Washington smoking a joint.

Continued on Page 20

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With the Machinists vote, Boeing committed to assembling the 777X in Everett, but the company considered its options for building its wing fabrication plant including looking at Frederickson in Pierce County. That’s where Boeing has a plant that does composite work for the existing 777 and the 787. Transporting the wings from Pierce County to Snohomish County would have been a challenge.

Everett Mayor Ray Stephanson said at his state of the city speech in January 2014 that it was vital to get the work in Everett, because the innovative wings could be used on future versions of Boeing’s planes.

In the end, the company chose to keep the wing factory close to final assembly.

In October, Boeing broke ground on the $1 billion, 1.3-million-square-foot building, just north of the present factory at Paine Field. The building will be as big as 25 football fields and will include three of the world’s largest autoclaves.

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B20 The THE HERALD FACTS 20152015 20 herald BUSINESS BusinessJOURNAL Journal MARKET markeT facTs

Airport, where he had been in charge of operations on the airfield and in the terminal.

Erin Monroe took charge of Workforce Snohomish in September, the organization in charge of preparing and supporting the current and future workforce within Snohomish County. She replaced Sue Ambler, who also retired after being in the post for eight years. Like Reardanz, Monroe came up within the organization and serving last as the finance director.

Longtime Community Transit CEO Joyce Eleanor retired in August after 20 years with the transit agency. A search was underway for her replacement.

Continued from Page 19

5. Higher education options grow for Everett, Snohomish County Washington State University made a huge commitment to the North Puget Sound region. Everett Community College opened a state-of-the-art center focused on advanced manufacturing.

And the University of Washington Bothell continues to mature with one of the fastest growing campuses in the country.

Several pushes are being made to expand access to higher education for the region. WSU took over on July 1 administration of the University Center, a consortium of colleges that offer bachelor level degrees at the EvCC campus.

WSU brings prestige and clout. The university is seeking $61.1 million from the state to build a new 95,000-squarefoot building in north Everett.

EvCC opened in late September its Advanced Manufacturing Training & Education Center, a $3.75 million building to instruct a new generation of workers in all areas of manufacturing. The 37,000-square-foot center along North Broadway in Everett will help students learn a range of skills from welding and fabrication to engineering to precision machining.

The UW Bothell welcomed its largest class of students ever this fall, 4,588 full-time equivalent students. The campus is the fourth fastest growing campus in the nation, according to the National Center for Education Statistics. Of those

1192063

kevin clark / The herald

Marissa Rodriguez of Jacksonville, N.C., partakes of a free samples at a marijuana trade show in September. Retail shops offering recreational pot opened in 2014 in Washington.

students, 35 percent are from Snohomish County and 50 percent are from King County.

It’s an achievement for a branch campus that received its charter just 25 years ago.

6. New leadership at Port of Everett, Paine Field New faces will lead several institutions in the community.

Les Reardanz takes over management of the Port of Everett succeeding

longtime Port Director John Mohr, who retired. Reardanz had been deputy director for the port for four years and had played a major role in everything from drafting new policies to looking after environmental clean-up projects to negotiating the transfer of the Mukilteo Tank Farm from the U.S. Air Force to the port.

Arif Ghouse took over in October as director of the county-owned Paine Field, replacing Dave Waggoner, who retired after 22 years. Ghouse had been duty manager at Seattle-Tacoma International

7. Oso tragedy puts landslide insurance in the spotlight The Oso landslide on March 22 killed 43 people and destroyed more than 40 homes. People who own property in the landslide area near Oso learned that they probably didn’t have insurance that protects against such a disaster — and they were still on the hook for their mortgages. Standard homeowner and business policies specifically exclude damage caused by earth movement such as a landslide. A property owner would need to buy a special policy just to protect against landslides.

The county is exploring the idea of buying the property from landowners.

Coastal Community Bank has been working with banks to forgive home, business or auto loans. But a forgiven loan might cause problems: The federal government considers forgiven loans as income and taxes it as such.

MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B21

1192066

THE HERALD BUSINESSJournal JOURNAL MARKET 2015 22B22 The herald Business markeTFACTS facTs 2015

Banks wiTh snohomish counTy Branches AmericanWest Bank 41 w. riverside avenue, suite 300 spokane, wa 99201 509-467-6993 www.awbank.net president/ceo: scott kisting Bank of America National Association 100 north Tryon st. charlotte, nc 28202 www.bankofamerica.com The Bank of Washington 5901 196th street sw lynnwood, wa 98036-6052 425-275-5600 www.the-bank.com president and ceo: martin steele Banner Bank 10 south 1st street p.o. Box 907 walla walla, wa 99362 509-527-3636 or 800-272-9933 president and ceo: mark Grescovich BBCN Bank 3731 wilshire Boulevard, suite 1000 los angeles,ca 90010 www.bbcnbank.com Coastal Community Bank 10520 19th ave. se (98208) p.o. Box 12220 everett, wa 98206 425-257-9000 www.coastalbank.com president: eric sprink Columbia State Bank 1301 a st. (98402)

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p.o. Box 2156 Tacoma, wa 98401 253-305-1900 www.columbiabank.com president: melanie dressel

Mountain Pacific Bank 3732 Broadway everett, wa 98201 425-263-3500 www.mountainpacificbank.com president: mark a. duffy

1st Security Bank of Washington 6920 220th st. sw, suite 300 mountlake Terrace, wa 98043 p.o. Box 97000 lynnwood, wa 98046-9700 425-771-5299 800-683-0973 www.1stsecurityofwa.com ceo: Joe adams

MUFG Union Bank, National Association 400 california st. san francisco, ca 94104 www.unionbank.com Opus Bank 19900 macarthur Blvd., 12th floor irvine, ca 92612 www.opusbank.com ceo: stephen h. Gordon

Heritage Bank 201 fifth ave. sw (98501) p.o. Box 1578 olympia, wa 98507 360-943-1500 or 800-455-6126 www.heritageBanknw.com president: Brian Vance

Pacific Crest Savings Bank 3500 188th st. sw, suite 575 lynnwood, wa 98037 425-670-9600 www.pacificcrestbank.com president: sheryl nilson

HomeStreet Bank 601 union st., suite 2000 seattle, wa 98101-2326 206-623-3050 www.homestreet.com president: mark mason

Peoples Bank 3100 woburn street Bellingham, wa 98226 360-354-4044 www.peoplesbank-wa.com president: i. charles lecocq

JP Morgan Chase Bank 1111 polaris parkway columbus, oh 43240 www.jpmorganchase.com

Prime Pacific Bank, National Association 2502 196th street, s.w. lynnwood,wa 98036 425-712-9898 www.primepacificbank.com president and ceo: Glenn deutsch

KeyBank National Association 127 public square cleveland, oh 44114 www.key.com ceo: Beth mooney

Skagit Bank

301 east fairhaven avenue p.o. Box 285 Burlington, wa 98233 360-755-0411 www.skagitbank.com ceo: cheryl Bishop Sound Community Bank 2001 fifth ave. seattle, wa 98121 206-443-4345 www.soundcb.com US Bank National Association 425 walnut st. cincinnati, oh 45202 www.usbank.com Umpqua Bank 445 se main st. roseburg, or 97470 www.umpquabank.com ceo: raymond p. davis UniBank 19315 highway 99 lynnwood, wa 98037 425-275-9700 www.unibankusa.com ceo: daniel changyol lee Washington Federal, National Association 425 pike street seattle, wa 98101 www.washingtonfederal.com ceo and president: roy m. whitehead Wells Fargo Bank, National Association 101 n. phillips ave. sioux falls, sd 57104 www.wellsfargo.com

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statistical statistical snapshot snapshot

market facts 2015 Journal B23 23 MARKET FACTS 2015 the THEherald HERALDBusiness BUSINESS JOURNAL market facts 2015 the herald Business Journal 23

Snohomish Snohomish County County home home sales sales and and prices, prices, 2011-2014 2011-2014

northwest multiple listing service northwest multiple listing service

Snohomish County Northwest Multiple Listing Service area zones Snohomish County Northwest Multiple Listing Service area zones

Single-family homes, 2014* Single-family homes, 2014* Average sales prices Average sales prices MLS Area Sales 2013 Sales 2014 YTD 2013 MLS Area Sales 2013 Sales 2014 YTD 2013 610 1,606 1,301 $404,382 610 1,606 1,301 $404,382 730 1,846 1,525 $367,627 730 1,846 1,525 $367,627 740 2,438 1,956 $327,817 740 2,438 1,956 $327,817 750 910 834 $281,206 750 910 834 $281,206 760 1,193 1,029 $262,511 760 1,193 1,029 $262,511 770 1,806 1,534 $250,217 770 1,806 1,534 $250,217 total 9,799 8,179 $321,284 total 9,799 8,179 $321,284 Condominiums, 2014* Condominiums, 2014* Average sales prices Average sales prices MLS Area Sales 2013 Sales 2014 YTD 2013 MLS Area Sales 2013 Sales 2014 YTD 2013 610 218 261 $187,663 610 218 261 $187,663 730 728 578 $220,162 730 728 578 $220,162 740 703 706 $179,246 740 703 706 $179,246 750 54 73 $137,677 750 54 73 $137,677 760 73 79 $192,302 760 73 79 $192,302 770 114 98 $163,734 770 114 98 $163,734 total 1,890 1,795 $192,898 total 1,890 1,795 $192,898 Combined single-family homes, condos 2014* Combined single-family homes, condos 2014* Average sales prices Average sales prices MLS Area Sales 2013 Sales 2014 YTD 2013 MLS Area Sales 2013 Sales 2014 YTD 2013 610 1,824 1,562 $378,479 610 1,824 1,562 $378,479 730 2,574 2,103 $325,920 730 2,574 2,103 $325,920 740 3,141 2,662 $294,565 740 3,141 2,662 $294,565 750 964 907 $273,166 750 964 907 $273,166 760 1,266 1,108 $258,463 760 1,266 1,108 $258,463

YTD 2014 YTD 2014 $459,761 $459,761 $404,261 $404,261 $347,937 $347,937 $310,144 $310,144 $287,946 $287,946 $274,850 $274,850 $351,117 $351,117

Year-end median Year-end median $450,000 $450,000 $363,000 $363,000 $330,000 $330,000 $285,450 $285,450 $275,000 $275,000 $257,763 $257,763 $325,000 $325,000

YTD 2014 YTD 2014 $271,588 $271,588 $228,860 $228,860 $212,278 $212,278 $174,298 $174,298 $214,358 $214,358 $189,883 $189,883 $223,566 $223,566

Year-end median Year-end median $267,500 $267,500 $213,500 $213,500 $203,750 $203,750 $175,000 $175,000 $249,900 $249,900 $186,000 $186,000 $208,000 $208,000

YTD 2014 YTD 2014 $428,319 $428,319 $356,054 $356,054 $311,958 $311,958 $299,210 $299,210 $282,699 $282,699

Year-end median Year-end median $424,975 $424,975 $329,960 $329,960 $300,000 $300,000 $272,900 $272,900 $269,950 $269,950

770 1,920 1,632 $245,082 $269,748 $253,600 770 1,920 1,632 $245,082 $269,748 $253,600 total 11,689 9,974 $299,126 $328,162 $305,000 total 11,689 9,974 $299,126 $328,162 $305,000 *sales and sales prices for 2014 are based on figures available through oct. 31, 2014 *sales and sales prices for 2014 are based on figures available through oct. 31, 2014 Single-family homes, 2013 Single-family homes, 2013 Average sales prices Average sales prices MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median 610 1,421 1,606 $364,273 $404,382 $400,000 610 1,421 1,606 $364,273 $404,382 $400,000 730 1,722 1,846 $320,951 $367,627 $330,009 730 1,722 1,846 $320,951 $367,627 $330,009 740 2,310 2,438 $287,178 $327,817 $300,000 740 2,310 2,438 $287,178 $327,817 $300,000 750 762 910 $249,996 $281,206 $256,075 750 762 910 $249,996 $281,206 $256,075 760 1,067 1,193 $237,241 $262,511 $249,950 760 1,067 1,193 $237,241 $262,511 $249,950 770 1,679 1,806 $220,156 $250,217 $236,637 770 1,679 1,806 $220,156 $250,217 $236,637 total 8,961 9,799 $284,228 $321,284 $299,735 total 8,961 9,799 $284,228 $321,284 $299,735 Condominiums, 2013 Condominiums, 2013 Average sales prices Average sales prices MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median 610 219 218 $151,563 $187,663 $149,950 610 219 218 $151,563 $187,663 $149,950 730 586 728 $193,554 $220,162 $200,000 730 586 728 $193,554 $220,162 $200,000 740 624 703 $155,070 $179,246 $150,200 740 624 703 $155,070 $179,246 $150,200 750 53 54 $130,105 $137,677 $122,425 750 53 54 $130,105 $137,677 $122,425 760 66 73 $160,924 $192,302 $195,000 760 66 73 $160,924 $192,302 $195,000 770 122 114 $156,795 $163,734 $158,500 770 122 114 $156,795 $163,734 $158,500 total 1,670 1,603 $167,679 $192,898 $170,000 total 1,670 1,603 $167,679 $192,898 $170,000 Combined single-family homes, condos 2013 Combined single-family homes, condos 2013 Average sales prices Average sales prices MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median MLS Area Sales 2012 Sales 2013 YTD 2012 YTD 2013 Year-end median 610 1,640 1,824 $335,868 $378,479 $381,250 610 1,640 1,824 $335,868 $378,479 $381,250 730 2,308 2,574 $288,606 $325,920 $302,000 730 2,308 2,574 $288,606 $325,920 $302,000

B24 JOURNAL FACTS 2015 2015 24 THE TheHERALD heraldBUSINESS Business JournalMARKET markeT facTs

sTaTisTical snapshoT 740

2,934

3,141

$259,083

$294,565

$273,000

770

1,660

1,801

$212,229

$215,865

$199,950

750

815

964

$242,201

$273,166

$250,000

Total

9,316

10,631

$255,364

$265,920

$244,900

760

1,133

1,266

$232,795

$258,463

$245,500

770

1,801

1,920

$215,865

$245,082

$230,000

Total

10,631

11,689

$265,920

$299,126

$279,950

Single-family homes, 2012 Average sales prices MLS Area

Sales 2011

Sales 2012

YTD 2011

YTD 2012

Year-end median

Single-family homes, 2011 Average sales prices MLS Area

YTD 2010

YTD 2011

610

Sales 2010 1,077

Sales 2011 1,161

$382,427

$356,390

Year-end median $336,450

730

1,284

1,519

$342,555

$303,954

$265,000

740

1,829

1,998

$309,095

$266,745

$245,000

610

1,161

1,421

$356,390

$364,273

$349,990

750

632

696

$271,466

$244,048

$225,000

730

1,519

1,722

$303,954

$320,951

$285,968

760

935

900

$259,810

$220,544

$210,000

740

1,998

2,310

$266,745

$287,178

$265,000

770

1,335

1,497

$252,541

$217,307

$195,000

750

696

762

$244,048

$249,996

$225,000

Total

7,092

7,771

$305,792

$270,504

$243,000

760

900

1,067

$220,544

$237,241

$226,000

Condominiums, 2011

770

1,497

1,679

$217,307

$220,156

$202,500

Total

7,771

8,961

$270,504

$284,228

$260,000

Condominiums, 2012 Average sales prices

Average sales prices MLS Area

Sales 2010

Sales 2011

YTD 2010

YTD 2011

Year-end median

610

176

188

$215,115

$183,312

$152,500

730

368

556

$241,045

$214,722

$184,873

MLS Area

Sales 2011

Sales 2012

YTD 2011

YTD 2012

Year-end median

740

475

540

$202,933

$152,383

$125,000

610

188

219

$183,312

$151,563

$122,500

750

38

45

$167,555

$107,058

$80,000

730

556

586

$214,722

$193,554

$161,900

760

97

53

$231,912

$168,614

$182,000

740

540

624

$152,383

$155,070

$130,000

770

74

163

$183,293

$165,605

$171,500

750

45

53

$107,058

$130,105

$130,000

Total

1,228

1,545

$216,111

$179,212

$162,000

760

53

66

$168,614

$160,924

$158,200

Combined single-family homes, condos 2011

770

163

122

$165,605

$156,795

$172,650

Total

1,545

1,670

$179,212

$167,679

$146,100

Combined single-family homes, condos 2012 Average sales prices

Average sales prices MLS Area

Sales 2010

Sales 2011

YTD 2010

YTD 2011

Year-end median

610

1,253

1,349

$358,926

$332,270

$320,335

730

1,652

2,075

$319,944

$280,044

$248,000

MLS Area

Sales 2011

Sales 2012

YTD 2011

YTD 2012

Year-end median

740

2,304

2,538

$287,207

$242,413

$223,250

610

1,349

1,640

$332,270

$335,868

$329,283

750

670

741

$265,573

$235,728

$215,000

730

2,075

2,308

$280,044

$288,606

$260,000

760

1,032

953

$257,188

$217,656

$209,900

740

2,538

2,934

$242,413

$259,083

$242,500

770

1,409

1,660

$248,906

$212,229

$189,900

750

741

815

$235,728

$242,201

$219,000

Total

8,320

9,316

$292,556

$255,364

$230,000

760

953

1,133

$217,656

$232,795

$224,000

Source: northwest multiple listing service

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MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B25

market facts 2015

the herald Business Journal 25

statistical snapshot

Selected occupational wages in Seattle-Bellevue-Everett Emp.

Hourly Mean

Annual Mean

All Occupations

1,449,770

$28.36

$58,990

Management

78,480

$59.30

$123,340

administrative services mgrs

2,840

$47.85

$99,520

architectural and engineering mgrs

3,680

$66.53

$138,390

computer and information systems mgrs

7,160

$72.29

$150,360

construction mgrs

2,560

$51.12

$106,330

education admins, elementary, secondary

1,420

*

$106,830

education admins, postsecondary

1,100

$50.17

$104,350

financial mgrs

6,510

$60.02

$124,840

General and operations mgrs

16,900

$63.97

$133,060

2,290

$35.45

$73,750

property, real estate, and community association mgrs

Biological techs

2,070

$21.56

$44,850

chemists

770

$32.80

$68,230

clinical, counseling, school psychologists

570

$32.90

$68,440

environmental scientists, specs, incl health

2,130

$37.36

$77,710

epidemiologists

260

$42.60

$88,600

Geoscientists

800

$40.17

$83,560

medical scientists, except epidemiologists

3,660

$37.71

$78,450

microbiologists

390

$33.35

$69,360

physicists

310

$62.63

$130,280

urban, regional planners

1,290

$37.29

$77,560

Zoologists, Wildlife Biologists

750

$38.59

$80,260

19,460

$21.56

$44,840

child, family, school social Wkrs

2,150

$22.40

$46,580

community, social service specs, all other

650

$20.57

$42,790

1,780

$27.94

$58,110

health educators

920

$25.57

$53,180

healthcare social Wkrs

1,630

$26.78

$55,710

mental health counselors

1,240

$21.32

$44,340

mental health, substance abuse social Wkrs

940

$22.51

$46,820

rehabilitation counselors

2,620

$22.15

$46,070

social, human service assts

4,630

$14.54

$30,230

substance abuse, Behavioral disorder counselors

1,010

$21.05

$43,790

Community and Social Service

sales mgrs

5,850

$61.80

$128,550

transportation, storage, distribution mgrs

1,840

$50.52

$105,090

107,980

$38.00

$79,050

accountants, auditors

16,420

$37.17

$77,310

Business operations specs, all other

16,930

$35.69

$74,240

claims adjusters, examiners, investigators

3,800

$32.50

$67,610

financial analysts

2,170

$40.17

$83,560

human resources specs

6,810

$35.73

$74,320

loan officers

3,350

$41.26

$85,820

logisticians

5,130

$38.31

$79,690

management analysts

10,520

$48.49

$100,860

Legal

12,690

$49.49

$102,950

administrative law Judges, adjudicators, hearing officers

140

$46.61

$96,950

arbitrators, mediators, conciliators

70

$36.44

$75,790

court reporters

180

$21.16

$44,010

320

$37.64

$78,290

Business and Financial Operations

market research analysts, marketing specs

10,910

$40.35

$83,920

personal financial advisors

2,820

$55.49

$115,420

6,460

$36.18

$75,260

purchasing agents, except Wholesale, retail, farm products

educational, Guidance, school, Vocational counselors

2,420

$37.40

$77,800

Judges, magistrate Judges, magistrates

Wholesale, retail Buyers, except farm products

2,960

$29.04

$60,400

Judicial law clerks

90

$27.65

$57,520

lawyers

7,800

$62.33

$129,650

legal support Wkrs, all other

460

$29.80

$61,990

Computer and Mathematical

115,870

$49.35

$102,640

paralegals, legal assts

3,060

$28.65

$59,590

computer network architects

3,270

$52.63

$109,460

title examiners, abstractors, searchers

570

$22.58

$46,960

computer network support specs

2,670

$34.00

$70,720

computer occupations, all other

3,000

$34.24

$71,220

computer programmers

14,050

$55.54

$115,530

Education, Training, and Library

73,840

$26.67

$55,470

computer systems analysts

11,400

$48.03

$99,910

adult Basic, secondary ed, literacy teachers, instructors

3,180

$26.55

$55,210

computer user support specs

8,420

$29.07

$60,470

elem school teachers, except special ed

9,740

*

$60,480

network, computer systems admins

5,210

$40.53

$84,300

health specialties teachers, postsecondary

3,100

*

$133,950

software developers, applications

48,440

$54.32

$112,990

kindergarten teachers, except special ed

1,340

*

$54,830

software developers, systems

7,560

$53.44

$111,160

librarians

1,460

$33.02

$68,680

Web developers

4,230

$41.97

$87,290

3,540

*

$61,630

50,710

$42.51

$88,420

3,980

$13.60

$28,280

aerospace engineers

8,010

$50.71

$105,480

4,500

*

$63,030

architects, except landscape, naval

2,210

$36.13

$75,150

secondary school teachers, except special and career/technical ed

civil engineers

6,150

$41.46

$86,250

special ed teachers, kindergarten and elem school

1,080

*

$59,450

electrical engineers

4,110

$48.66

$101,210

special ed teachers, secondary school

640

*

$61,750

electronics engineers, except computer

2,320

$49.83

$103,640

substitute teachers

6,520

$19.23

$40,000

11,910

*

$32,910

2,300

$29.87

$62,130

27,790

$27.87

$57,970

athletes, sports competitors

290

*

$111,080

coaches, scouts

3,310

*

$43,140

fine artists

530

$35.33

$73,480

training, development specs

Architecture and Engineering

middle school teachers, except special and career/technical ed preschool teachers, except special ed

engineers, all other

2,380

$44.37

$92,290

teacher assistants

industrial engineering techs

2,510

*

*

Vocational ed teachers, postsecondary

industrial engineers

4,920

$43.92

$91,350

mechanical drafters

2,340

$36.27

$75,430

mechanical engineers

3,700

$45.25

$94,120

Life, Physical, and Social Science

17,990

$34.54

$71,840

Arts, Design, Entertainment, Sports, Media

26 The herald BUSINESS BusinessJOURNAL Journal MARKET markeT facTs B26 THE HERALD FACTS 20152015

sTaTisTical snapshoT

Selected occupational wages in Seattle-Bellevue-Everett Emp.

Hourly Mean

Annual Mean

Graphic designers

3,200

$28.36

$59,000

interior designers

1,030

$25.39

$52,810

multimedia artists, animators

1,910

$37.12

$77,210

musicians, singers

620

$30.22

*

photographers

960

$14.08

$29,280

Building and Grounds Cleaning, Maintenance

34,380

$14.84

$30,870

Janitors, cleaners, except maids, housekeeping cleaners

15,270

$14.60

$30,370

landscaping, Groundskeeping Wkrs

8,910

$15.57

$32,390

maids, housekeeping cleaners

7,470

$12.07

$25,100

Personal Care and Service

43,790

$14.53

$30,210

1,970

$12.33

$25,640

public relations specs

2,800

$30.58

$63,620

amusement, rec attendants

reporters, correspondents

440

$23.41

$48,700

childcare Wkrs

3,840

$11.99

$24,950

$77,330

fitness Trainers, aerobics instructors

4,190

$19.94

$41,470

Gaming dealers

3,000

$13.54

$28,170

4,820

$18.84

$39,180

Technical Writers Healthcare Practitioners and Technical dental hygienists

860

$37.18

68,090

$40.93

$85,130

hairdressers, hairstylists, cosmetologists

2,570

$46.48

$96,690

manicurists, pedicurists

1,780

$11.73

$24,390

10,330

$11.55

$24,030

dentists, General

1,060

$94.76

$197,100

personal care aides

emergency medical Techs, paramedics

1,390

$29.63

$61,630

rec Wkrs

2,780

$14.54

$30,240

ushers, lobby attendants, Ticket Takers

2,180

$12.01

$24,990

148,800

$22.15

$46,080

pharmacists

2,640

$56.85

$118,240

pharmacy Techs

3,420

$20.08

$41,770

physical Therapists

2,320

$40.75

$84,760

physicians and surgeons, all other

2,110

$96.98

$201,710

cashiers

25,740

$13.50

$28,070

registered nurses

22,810

$39.68

$82,520

counter, rental clerks

7,510

$14.62

$30,410

speech-language pathologists

1,260

$34.99

$72,770

insurance sales agents

3,200

$29.74

$61,860

surgeons

300

$115.08

$239,360

real estate sales agents

2,400

$22.10

$45,960

Veterinarians

630

$41.50

$86,310

retail salespersons

47,100

$14.69

$30,560

sales reps, services, all other

9,620

$32.03

$66,620

sales reps, Wholesale, mfg, except Technical, scientific prods

21,570

$35.29

$73,410

sales reps, Wholesale, mfg, Technical, scientific prods

4,370

$45.11

$93,840

securities, commodities, financial services sales agents

3,380

$42.68

$88,770

Office and Administrative Support

196,340

$19.38

$40,320

Healthcare Support

Sales and Related

31,940

$17.43

$36,260

dental assts

4,070

$20.38

$42,380

healthcare support Wkrs, all other

1,520

$17.60

$36,610

home health aides

3,600

$13.23

$27,520

massage Therapists

2,190

$24.90

$51,790

medical assts

6,320

$18.53

$38,540

medical Transcriptionists

660

$17.87

$37,170

nursing assts

9,570

$14.93

$31,060

Billing, posting clerks

5,760

$19.92

$41,420

pharmacy aides

440

$14.45

$30,050

Bookkeeping, accounting, auditing clerks

17,610

$20.39

$42,410

phlebotomists

730

$17.12

$35,610

customer service reps

23,710

$18.41

$38,300

Veterinary assts, lab animal caretakers

770

$13.19

$27,430

exec secretaries, exec admin assts

7,230

$27.35

$56,890

insurance claims, policy processing clerks

3,590

$19.22

$39,980

25,600

$25.27

$52,550

office clerks, General

19,390

$15.80

$32,870

correctional officers, Jailers

1,990

$25.95

$53,970

postal service mail carriers

2,650

$25.22

$52,450

detectives, criminal investigators

750

$42.18

$87,720

production, planning, expediting clerks

3,390

$23.54

$48,970

firefighters

3,020

$34.85

$72,490

receptionists, info clerks

9,030

$15.53

$32,310

1,470

$11.34

$23,590

16,320

$19.62

$40,800

police, sheriff’s patrol officers

3,290

$37.81

$78,640

shipping, receiving, Traffic clerks

7,760

$17.86

$37,140

security Guards

9,280

$15.73

$32,730

stock clerks, order fillers

16,410

$15.33

$31,890

Tellers

3,910

$14.23

$29,590

1,360

$16.12

$33,530

50

$29.00

$60,330

farmWkrs, laborers, crop, nursery, Greenhouse

460

$10.97

$22,810

farmWkrs, farm, ranch, aquacultural animals

150

$16.94

$35,230

90

$10.80

$22,470

Protective Service

lifeguards, ski patrol, other rec protective service Wkrs

Food Preparation and Serving Related

secretaries, admin assts, except legal, medical, executive

114,810

$12.74

$26,500

Bartenders

7,180

$13.87

$28,850

chefs, head cooks

1,440

$23.94

$49,800

combined food prep, serving Wkrs

23,570

$10.83

$22,520

cooks, fast food

2,890

$10.62

$22,100

cooks, institution, cafeteria

4,160

$14.74

$30,660

cooks, restaurant

12,070

$12.88

$26,790

cooks, short order

1,210

$12.01

$24,980

8,330

$11.21

$23,320

dishwashers

4,750

$10.66

$22,160

food prep Wkrs

8,650

$12.05

$25,060

food servers, nonrestaurant

2,910

$11.86

$24,670

carpenters

Waiters, Waitresses

21,750

$14.14

$29,410

counter attendants, cafeteria, food concession, coffee shop

Farming, Fishing, and Forestry agricultural inspectors

forest, conservation Wkrs Graders, sorters, agricultural prods

310

$12.92

$26,870

logging equip operators

90

$23.60

$49,100

53,680

$27.38

$56,960

9,480

$25.57

$53,180

construction, Building inspectors

1,030

$33.90

$70,520

construction laborers

6,580

$20.98

$43,640

Construction and Extraction

market facts 2015 27 MARKET FACTS 2015 the THEherald HERALDBusiness BUSINESS Journal JOURNAL B27

statistical snapshot Emp.

Hourly Mean

Annual Mean

Bakers

2,790

$13.11

$27,280

Butchers, meat cutters

1,120

$17.24

$35,860

drywall, ceiling tile installers

1,230

$22.48

$46,750

electrical, electronic equip assemblers

3,540

$16.47

$34,270

electricians

5,630

$33.06

$68,770

6,990

$27.14

$56,460

first-line sprvsrs, construction trades, extraction Wkrs

5,310

$37.84

$78,710

machinists

3,710

$24.81

$51,610

operating engineers, other construction equip operators

2,630

$29.16

$60,660

meat, poultry, fish cutters, trimmers

2,160

$12.03

$25,020

painters, construction, maintenance

3,800

$19.95

$41,500

printing press operators

1,320

$19.91

$41,410

plumbers, pipefitters, steamfitters

3,590

$32.93

$68,500

production Wkrs, all other

2,440

$16.80

$34,950

roofers

1,300

$22.00

$45,750

team assemblers

4,000

$15.87

$33,020

sheet metal Wkrs

1,460

$28.66

$59,610

tool, die makers

1,330

$31.07

$64,620

Welders, cutters, solderers, Brazers

2,250

$23.02

$47,880

90,730

$19.92

$41,430

airline pilots, copilots, flight engineers

2,040

*

$108,090

Bus drivers, school, special client

3,020

$18.04

$37,510

Bus drivers, transit, intercity

3,500

$22.93

$47,700

captains, mates, pilots of Water Vessels

1,110

$35.56

$73,960

flight attendants

2,140

*

$43,180

heavy, tractor-trailer truck drivers

10,410

$21.75

$45,250

industrial truck, tractor operators

4,660

$20.37

$42,360

21,210

$16.07

$33,420

light truck, delivery services drivers

8,680

$17.79

$36,990

packers, packagers, hand

6,340

$13.41

$27,900

sailors, marine oilers

1,830

$22.70

$47,210

taxi drivers, chauffeurs

2,570

$14.45

$30,050

Installation, Maintenance, and Repair

47,390

$25.58

$53,210

aircraft mechanics and service techs

2,250

$33.22

$69,100

automotive service techs, mechanics

4,630

$22.23

$46,230

Bus, truck mechanics, diesel engine specs

2,210

$27.80

$57,830

computer, atm, office machine repairers

1,370

$20.47

$42,580

industrial machinery mechanics

2,320

$29.49

$61,340

maintenance, repair Wkrs, General

12,490

$20.33

$42,290

mobile heavy equip mechanics, except engines

1,010

$27.44

$57,080

telecommunications equip installers, repairers, except line installers

2,080

$30.23

$62,870

1,070

$15.92

$33,110

Production

88,040

$21.04

$43,770

aircraft structure, surfaces, rigging, systems assemblers

13,820

$25.56

$53,160

tire repairers, changers

inspectors, testers, sorters, samplers, Weighers

Transportation and Material Moving

laborers, freight, stock, material movers, hand

Source: united states department of labor, Bureau of labor statistics

Listing of Snohomish County aerospace companies A & B Quality Finishers manufacturing-finishing 5712 207th ave. se, snohomish 425-742-7665 A.E. Petsche Wiring-supplies 2525 W. casino road, everett 425-227-6047 www.aepetsche.com Aaron Electronics (formerly Bilocon) engineering-manufacturing 3101 111th st. sW , everett 425-353-2276 www.aaronelectronics.com Absolute Manufacturing Machining 6914 204th st. ne, arlington 360-435-1116 www.absolutemfg.com Accra Manufacturing Machining 17703 15th ave. se, Bothell 425-424-1000 www.accramfg.com Accurate Machining Machining 12128 cyrus Way, mukilteo 425-745-0227 ACRO Machining Machining 3817 168th st. ne, arlington 360-653-1492 www.acromachining.com Action Grinding and Machining machining 17611 ok mill road, snohomish 425-742-3917 www.agmco.net Advanced Designs (B&C Manufacturing) machining 2919 pine st., everett 425-787-9968 Advanced Prototype Technologies prototyping

4208 russell road, mukilteo 425-315-8605 Aero Mac machining 4602 chennault Beach road, no.

1, mukilteo 425-348-4140 www.aeromacinc.com AeroAcoustics consulting-design 9802 29th ave. W, everett 425-438-0215 www.aeroacoustics.com Aeroform Company sheet metal-welding 15008 smokey point Blvd., marysville 360-659-4044 www.aeroforminc.com AeroMech rsVm certification 1616 hewitt ave., everett 425-252-3236 www.aeromechinc.com Aeronautical Testing Service aircraft design, certification and testing 18820 59th drive ne, arlington 360-435-8859 www.aerotestsvc.com Aerospace Consulting consulting-design 8928 Vernon road, everett 425-377-9525 Aerospace Machining Specialists (division of ASKO) aircraft component repair 20325 71st ave. ne, arlington 360-474-0175 www.aerospacemachine.net Aircraft Maintenance and Support (division of LRT)

maintenance 15712 mill creek Blvd., mill creek 425-742-0333 www.lrt-inc.com Aircraft on Ground 3100 112th st. sW, everett www.aoginc.com AIT Design consulting-design 22745 29th drive se, Bothell 425-398-7329 www.aint.com Apache Aerospace manufacturing-tooling 9700 harbour place, mukilteo 425-349-5800 www.apacheaerospace.com Applied Aerosystems surface treatment-paint 10727 47th place W, mukilteo 425-876-7615 Applied Finishing finishing 4216 russell road, mukilteo 425-513-2505 ASCO Design Center USA high lift devices 13024 Beverly park road, mukilteo 206-407-9805 www.asco.be Aviation (Cunningham) Covers aircraft covers 19018 59th drive ne, arlington 360-435-0342 www.aviationcovers.com Aviation Instrument Service International avionics repair-installation 8223 44th ave. W, mukilteo 425-347-7677 www.aviationinstrument.com

Aviation Technical Services (ATS) maintenance-fixed wing 3100 112th st. sW, everett 425-423-3016 www.atsmro.aero Aviation Technologies (AvTech) instrumentation 3500 188th st. sW, lynnwood 425-248-2188 www.avtcorp.com Avtech/Tyee sheet metal-welding 6500 merrill creek parkway, everett 425-622-8664 www.tyeeaircraft.com B/E Aerospace/Flight Structures (FSI) manufacturing-systems, components, ancillary equipment 6330 31st ave. ne, marysville 360-657-5197 www.beaerospace.com Ballard Technology (division of Astronics) designs-manufacture 11400 airport road, everett 425-339-0281 www.ballardtech.com Barton Machine Machining 11400 airport road, everett 425-438-1161 www.bartonmachine.com Blue Streak Finishers manufacturing-finishing 1520 80th st. sW, everett 425-347-1944 www.bluestreak-finishers.com BMG Industries Machining 19111 61st ave. ne, arlington 360-435-3928

Boeing Commercial Airplanes manufacturing-structures 3003 W casino road, everett www.boeing.com Boundary Layer Research manufacturing-systems, components, ancillary equipment 9730 29th ave. W, everett 425-353-6591 www.blrvgs.com Bridgeways contract manufacturing 1220 75th st. sW, everett 425-513-8213 www.bridgeways.org Bucher Aerospace Corp. manufacturing-systems, components, ancillary equipment 11400 airport road, everett 425-355-2202 www.bucher-group.com C&D Zodiac materials-composites 12810 state ave., marysville 360-653-2211 www.cdzodiac.com Can Am Aerospace avionics repair-installation 3101 111th st. sW, everett 877-523-2945 www.canamaero.com Cannon Aircraft Interiors interiors, completion 10108 32nd ave. W, everett 425-348-6924 www.cannonaircraftinteriors.com Cascade Aviation Services interiors, completion 9800 harbor place, mukilteo 425-493-1708 www.cascade-aviation.com Cascade Precision

28 The herald BUSINESS BusinessJOURNAL Journal MARKET markeT facTs B28 THE HERALD FACTS 20152015

StatiStical SnapShot

Listing of Snohomish County aerospace companies machine shop 10809 47th ave. W, mukilteo 425-742-0888 www.caspre.com Castle and Cook Aviation fixed base operator 9724 32nd Place W, everett 425-355-6600 www.castlecookeaviation.com Cayley Aerospace engineering-technical services 18830 38th ave, lynnwood 425-710-9701 www.cayleyaerospace.com CNA Manufacturing Systems manufacturing-tooling 15000 Woodinville-redmond road ne, Woodinville 425-482-7977 www.cnaflextool.com Coastal Manufacturing sheet metal fabricated components, assemblies 6700 hardeson road, everett 425-407-0624 www.coastal-mfg.com Cobalt Enterprises machining 10917 mountain loop highway, Granite falls 360-691-2298 www.cobaltent.com Coleman Machine Machining 12426 mukilteo speedway, mukilteo 425-743-4910 Color-Tech (division of ASKO) finishing 6304 215th st sW, mountlake Terrace 206-634-2089 www.askogroup.com/companies/ colortech Commet Precision Products machine shop 15328 highway 530 ne, arlington 360-403-7800 Component Products Corporation machining 11623 cyrus Way, mukilteo 425-355-6800 www.cpc-web.com Composites One materials-composites 19105 63rd ave. ne, arlington 800-283-0809 www.compositesone.com Covelet Machine and Design machine shop 13115 41st ave. ne, marysville 360-658-1977 Craig Craft Powder Coating finishing 11324 mukilteo speedway, mukilteo 425-743-4393 Crane Aerospace-Eldec Corp. manufacturing-systems, components, ancillary equipment 16700 13th ave. W, lynnwood 425-743-8291 www.craneaerospace.com Crown Aviation General aviation 10300 28th ave. W, everett 425-355-4088 www.crownaviation.com Curtiss-Wright Flight Systems manufacturing-systems, components, ancillary equipment 10108 32nd ave. W, everett 425-355-4422 D3 Technologies consulting, design

8223 44th ave. W, mukilteo 425-355-4903 www.d3tech.com Damar Machine Machining 14767 172nd drive se, monroe 360-794-4448 www.damaraerosystems.com Diehl Aerospace aircraft interior lighting 11002 29th ave. W, everett 425-353-8080 www.diehlaerospace.com/dai Diversified Industrial Services sheltered workshops 13008 Beverly Park road, mukilteo 425-355-1253 www.godiversified.com DTL Canyon Park Testing 2200 222nd st. se, Bothell 425-964-2715 www.dtl-inc.com Eaton Aerospace semiconductors, related devices 6500 harbour heights Parkway, mukilteo 425-349-5281 www.eaton.com EDJ Precision Machine Machining 13317 ash Way, everett 425-745-3937 www.edjprecision.com Electroimpact manufacturing-tooling 4604 107th st. sW, mukilteo 425-348-8090 www.electroimpact.com Ericson International consulting, design edmonds 425-775-2100 Esterline Control Systems electronics 11910 Beverly Park road, everett 425-297-9700 www.esterline.com Excell Aerofab Machining 19222 62nd ave. ne, arlington 360-403-8994 Exotic Tool Welding sheet metal, welding 2909 seaway Blvd., everett 425-353-3040 www.exotictoolwelding.com Fokker Aerostructures 12121 harbour reach drive, mukilteo 206-384-5644 www.fokkeraerostructures.com G&M Manufacturing Machining 19009 61st ave. ne, arlington 360-435-5966 GE Aviation Systems manufacturing-systems, components, ancillary equipment 6500 harbour Pointe heights, mukilteo 509-248-5000, 425-245-0500 www.geaviationsystems.com Giddens Industries materials-plastics 2600 94th st. sW, everett 425-353-0405 www.giddens.com Glasair Aviation kitplane manufacturers 18810 59th ave. ne, arlington 360-435-8533 www.glasairaviation.com Global Machine Works machining 19130 59th drive ne, arlington 360-403-8432 www.globalmachineworks.com

Gomph Brackets materials-plastics 12426 mukilteo speedway, mukilteo 425-348-5002 www.gompf.com Greenpoint Technologies interior reconfigurations 3101 111th st. sW, everett 425-828-2777 www.greenpnt.com H&H Machine Machining 22824 85th Place W, edmonds 425-776-1994 HGS Aerospace assembly systems 22121 17th ave. se, Bothell 586-293-8660 www.hgsaero.com Honeycutt Machine Machining 12402 evergreen drive, mukilteo 425-745-1775 Honeywell manufacturing-systems, components, ancillary equipment 3215 97th Place sW, everett Horizon Manufacturing Industries machining 11417 cyrus Way, mukilteo 425-493-1220 www.horizonman.com ID Integration consulting, design 13024 Beverly Park road, mukilteo 425-438-2533 www.id-integration.com IDL Precision Machining machining 11600 49th Place W, mukilteo 425-315-8080 Infinity Fabrication Machining 19225 62nd ave. ne, arlington 360-435-7460 www.infinityfabrication.com Innovative Technologies materials-plastics 3318 hill ave., everett 425-258-4773 www.innovativetechnologies.biz Integrated Technologies (Intec) materials-composites, plant, equipment 1910 merrill creek Parkway, everett 425-293-0304 www.in-tec.com International Gear Technologies Precision gears 3101 111th st. sW, everett 425-353-4300 www.igtcorporation.com J.R. Engineering (Quietly Superior) consulting, design 1902 120th Place se, everett 425-337-9472 www.quietlysuperior.com JL Manufacturing manufacturing-other 12310 highway 99 s, everett 425-355-3330 www.jlmanufacturing.com K&T Machine Machining 12315 mukiteo Parkway, lynnwood 425-347-2157 Kaas Tailored interiors, completion 13000 Beverly Park road, mukilteo 425-743-1886 www.kaastailored.com Kaman Engineering Services (Global Aerosystems)

consulting, design 10108 32nd ave. W, everett 425-367-4477 www.globalaerosystems.com Keltia Design Training, recruiting, design 16824 44th ave. W, lynnwood 206-734-4658 King Machine Machining 11710 cyrus Way, mukilteo 425-743-5464 KitPlanes Northwest kit airplane manufacturer, aircraft service, maintenance 17415 51st ave. ne, arlington 360-403-0679 www.kitplanesnorthwest.com Koch Machine and Tool Machining 19010 66th ave. ne, arlington 360-474-8017 Labinal manufacturing-systems, components, ancillary equipment 2300 merrill creek Parkway, everett 425-438-1378 www.labinal.com LaFarge & Egge sheet metal-welding 5820 188th st. sW, lynnwood 425-778-4123 www.lafargeinc.com Lamar Technologies Corp. manufacturing-voltage regulators 14900 40th ave. ne, marysville 360-651-6666 www.lamartech.com Laz Tool & Manufacturing manufacturing-tooling 14816 roosevelt road, snohomish 360-568-5749 www.laztool.com Liebherr-Aerospace SAS manufacturing-systems, components, ancillary equipment 906 se everett mall Way, everett 425-348-9070 www.liebherr.com Lord Corporation materials-composites 1230 233rd Place sW, Bothell 425-488-3292 www.lord.com Lytle Machine Machining 7327 olympic drive, everett 425-290-3538 MDI (Manufacturing Design Inc.) machining 4420 russell road, mukilteo 425-356-2648 www.mfgandesign.com Messier Dowty-Bugati Wheels, tires, brakes 7501 hardeson road, everett 425-438-1378 www.messier-bugattiusa.com Metal Motion Machining 19003 59th drive ne, arlington 360-403-7330 www.metalmotion.com Metal Tech manufacturing-finishing 14792 172nd drive se, monroe 360-794-1945 Microjet materials-metals 16372 177th ave. se, monroe 360-805-9400 Miller Screw Products machining 3400 academy drive se, Bothell 253-939-7340 Mobile Tool

manage Tooling 11323 commando road W, everett 425-438-8127 www.mobiletoolmanagement.com MOOG Aircraft Group manufacturing-systems, components, ancillary equipment 808 134th ave. sW., everett 425-787-8673 www.moog.com Morgan Aero Products maintenance-accessories, components 1450 80th st. sW, everett 425-438-9600 www.morganaero.com Morgan Branch CNC machining 19011 62nd ave. ne, arlington 360-435-7170 New Breed Logistics logistics 2600 94th st. sW, everett 425-249-5000 www.newbreed.com New Tech Industries consulting, design 7911 44th ave. W, mukilteo 425-778-1200 www.newtechind.com Newell Corporation maintenance-accessories, components 6922 204th st. ne, arlington 360-435-8955 www.newellcorp.com Northway Products Machining 11027 47th ave. W, mukilteo 425-742-4498 www.northwayproducts.com Northwest Aerospace Technologies conversion-modification 2210 hewitt ave., everett 425-257-2044 www.natdesign.com Novatech Engineering consulting, design 20818 44th ave. W, lynnwood 425-245-7000 www.ntew.com Omega Precision manufacturing 7929 44th ave. W, mukilteo 425-356-3124 www.ometech.net Onamac Industries machining 11504 airport road, everett 425-743-6676 www.onamac.com/home Orion Technologies consulting, design 20230 82nd st. se, snohomish 360-668-8355 www.oriontechnologies.net PAC-Aero machining 2720 34th st., everett 425-258-2741 Pacifica Engineering consulting, design 21520 30th drive se, Bothell 425-984-2700 www.pacifica-engineering.com Panasonic Avionics manufacturing-avionics 22333 29th drive se, Bothell 425-415-9053 www.panasonic.aero Paragon Manufacturing Wire harness 2615 W. casino road, everett 425-438-0800

MARKET FACTS 2015 THE HERALD BUSINESS JOURNAL B29

market facts 2015

the herald Business Journal 29

StatiStical SnapShot www.paragonmfgcorp.com Para-Phernalia Supplies 19018 59th drive ne, arlington 360-435-7220 www.softieparachutes.com PCSI (Professional CAD Services) consulting, design 19119 north creek Parkway, Bothell 425-485-3420 www.procadservices.com Pentar Avionics Systems manufacturing-avionics 22125 17th ave. se, Bothell 425-424-3370 www.pentar.com Pineda Precision machining 13127 Beverly Park road, everett 425-290-5928 Plexus Manufacturing materials-plastics 4416 russell road, mukilteo 425-348-7745 www.plexusman.com Polaris Machining and Sheet Metal machining 103 cedar ave., marysville 360-653-7676 www.polarismachining.com Precision Airmotive manufacturing-systems, components, ancillary equipment 14800 40th ave. ne, marysville 360-651-8282 www.precisionairmotive.com Precision Circuits manufacturing-systems, components, ancillary equipment 18025 highway 99, lynnwood 425-778-4980 Precision Engines General aviation 3220 100th st. sW, everett 425-347-2800 www.precisionengines.com Precision Fuel Components manufacturing-systems, components, ancillary equipment 3220 100th st. sW, everett 425-513-6789 www.precisionfuel.com Precision Logistics Supplies 1318 Pioneer highway, silvana 360-652-3333 www.skypac.com Primus International (University Swaging) swaging 6525 240th st. sW, Woodinville 425-318-4500 www.primusint.com

Pro Tool Manufacturing manufacturing-tooling 12414 highway 99 s, everett 425-353-0763 www.ptmcorp.com Procam Machine machining 18421 Bothell-everett highway, mill creek 425-485-9889 www.procammachine.com Production Plating Plating, powder coating services 4412 russell road, mukilteo 425-347-4635 www.productionplating.com Quality Industrial Services sheet metal-welding 7529 Beverly Blvd., everett 425-348-8825 Qualtest Consultants consulting, design 10121 evergreen Way, everett 425-347-7266 www.qtccorp.com Queen City Plating finishing 11914 cyrus Way, mukilteo 425-315-1992 RBM Machining machine shop 12108 mukilteo speedway, mukilteo 425-743-5373 www.rbmachining.com RG Machine machine shop 2100 196th st. sW., lynnwood 425-775-7009 www.rgmachine.com Rockwell Collins manufacturing-systems, components, ancillary equipment 3350 monte Villa Parkway, Bothell 425-492-1318 www.rockwellcollins.com Rolls Royce North America consulting, design 6300 merrill creek Parkway, everett 425-349-4100 www.rolls-royce.com Royell Manufacturing Machining 3817 smith ave., everett 425-259-9258 www.royell.com Ryerson-Microjet sheet metal-welding 3506 124th st. ne, marysville 360-657-5700 www.ryerson.com Scott Aviation

materials-other 19807 Yew Way, snohomish 360-668-7793 Sealth Aero-Marine materials-metals 16001 mill creek Blvd., mill creek 425-481-0727 www.sealth.com Sextant Avionique materials-other 2615 W. casino road, everett 206-355-7112 SKF Aerospace manufacturing-systems, components, ancillary equipment 14341 fryelands Blvd. se, monroe 360-794-9925 www.skf.com Skills Inc. sheet metal, machining 20325 71st aVe. ne, arlington www.skillsinc.com Smiths Aerospace manufacturing-systems, components, ancillary equipment 6500 harbour heights Parkway, mukilteo 425-245-0500 www.smiths-aerospace.com Soundair Aviation Services maintenance-accessories, components 1826 Bickford ave., snohomish 360-453-2300 www.soundair.com Star Aviation engineering, technical services 728 134th sW, everett www.staraviation.com Steel-Fab materials-metals 6525 188th st ne, arlington 360-435-5564 www.steel-fab.com Stoddard International materials-composites 18660 58th ave. ne, arlington 360-435-6455 www.stoddardintl.com Structural Integrity Engineering consulting, design 909 se everett mall Way, everett 425-710-7646 www.sieinc.com Systima Technologies engineering, technologies 1832 180th st. se, Bothell 425-487-4020 www.systima.com TNT Enterprises Sheet metal-welding 17121 3rd ave. se, mill creek

425-742-8210 www.tntsheetmetal.com Talon Manufacturing machining 17617 49th Place ne, arlington 360-403-8910 TCI Scales maintenance-accessories, components 17611 ok mill road, snohomish 425-742-3917 www.tciscales.com Technofan other aircraft parts, auxiliary equipment manufacturing 7501 hardeson road, everett 425-438-1378 www.technofan.fr TECT Aerospace manufacturing-systems, components, ancillary equipment 11002 29th ave. W, everett 425-353-8080 www.tectcorp.com Terry’s Machine and Manufacturing machining 12128 cyrus Way, mukilteo 425-315-8866 www.terrysmachine.com Triumph Structures (formerly Contour Aerospace) machining 1415 75th st. sW, everett 425-438-7101 www.contouraerospace.com trW-lucas aerospace manufacturing-systems, components, ancillary equipment 6700 hardeson road, everett 425-407-1191 Turning Point Machining machining 710 ash ave., marysville 425-252-7300 Umbra Cuscinetti Aerospace 2916 100th st. sW, everett 425-743-2577 www.umbrausa.com Universal Aerospace manufacturing-systems, components, ancillary equipment 18640 59th drive ne, arlington 360-435-9577 www.universalaerospace.com UTC-Aerostructures engine integration 2615 94th st. sW, everett 425-923-1848 www.goodrich.com UTC-Interiors maintenance-fixed wing 6700 hardeson road, lynnwood

425-771-1214 www.goodrich.com UTC-Sensors and Integrated Systems manufacturing-systems, components, ancillary equipment 6700 hardeson road, everett 425-407-1191 www.goodrich.com UTC Aerospace Systems-Landing Gear manufacturing-structures 2701 94th st. sW, everett 425-261-8700 www.goodrich.com Valberg electronic design, manufacturing, control panels, harness building 14286 169th drive se, monroe 360-794-9885 www.valberglls.com Vaupell injection molding 10108 32nd ave. W, everett www.vaupell.com Vector Industries machining 1520 80th st. sW, everett 425-347-6696 www.vectorindustries.com Walter Dorwin Teague (Teague) consulting, design 6600 merrill creek Parkway, everett 425-342-2270 www.teague.com Western Fluid Components machinery equipment 2303 Pacific ave., everett 425-252-0974 www.westernfluidcomp.com Westwood Precision Machining 7509 hardeson road, everett 425-742-7011 www.westwoodprecision.com Wood Associates consulting, design 9128 52nd st. se, snohomish 425-335-1327 XP Modifications manufacturing-systems, components, ancillary equipment 18306 59th drive ne, arlington 800-819-9270 www.xpmods.com Zodiac Aerospace manufacturing 6300 merrill creek Parkway, everett 425-347-4919 www.zodiacaerospace.com

Seattle metro area unleaded fuel prices, 2002-2014 Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2002

$1.200

$1.168

$1.230

$1.434

$1.460

$1.464

$1.482

$1.488

$1.468

$1.412

$1.410

$1.382

2003

$1.387

$1.642

$1.861

$1.785

$1.625

$1.547

$1.599

$1.762

$1.879

$1.661

$1.594

$1.523

2004

$1.612

$1.672

$1.790

$1.902

$2.196

$2.265

$2.012

$1.932

$1.993

$2.058

$2.055

$1.922

2005

$1.811

$1.923

$2.154

$2.444

$2.427

$2.304

$2.436

$2.602

$2.876

$2.798

$2.497

$2.234

2006

$2.235

$2.288

$2.400

$2.764

$3.114

$3.110

$3.017

$2.999

$2.803

$2.530

$2.444

$2.573

2007

$2.596

$2.467

$2.762

$3.076

$3.358

$3.140

$2.959

$2.790

$2.875

$2.982

$3.196

$3.129

2008

$3.077

$3.163

$3.460

$3.574

$3.859

$4.288

$4.271

$3.977

$3.740

$3.118

$2.191

$1.812

2009

$2.012

$2.163

$2.148

$2.302

$2.510

$2.835

$2.704

$2.840

$2.907

$2.760

$2.821

$2.791

2010

$2.866

$2.811

$2.976

$3.052

$3.007

$2.937

$2.984

$3.068

$2.943

$3.011

$3.076

$3.146

2011

$3.232

$3.337

$3.700

$3.915

$3.993

$3.859

$3.780

$3.753

$3.858

$3.802

$3.674

$3.444

2012

$3.437

$3.572

$3.998

$4.076

$4.155

$4.001

$3.567

$3.806

$4.009

$3.964

$3.470

$3.339

$3.442

$3.243

$3.292

2013

$3.369

$3.622

$3.795

$3.635

$3.831

$3.793

$3.820

$3.787

$3.658

2014

$3.367

$3.313

$3.575

$3.746

$3.872

$3.930

$3.959

$3.834

$3.745

Source: u.s. Bureau of labor statistics

30 The The herald BUSINESS BusinessJOURNAL Journal MARKET markeT facTs 2015 B30 THE HERALD FACTS 2015zz 30 herald Business Journal markeT facTs 2015

sTaTisTical snapshoT

Snohomish County’s top 50 largest employers Organization Organization Boeing Boeing

Description Description aircraft manufacturing manufacturing aircraft

FTE 2014 2014 FTE 40,000 40,000

Type Type private private

Website Website www.boeing.com/ www.boeing.com/

naval station station everett everett naval Washington state Washington state

u.s. navy navy base base u.s. state government state government

6,350 6,350 5,400 5,400

public public public public

www.cnic.navy.mil/everett/index.htm www.cnic.navy.mil/everett/index.htm http://access.wa.gov/ http://access.wa.gov/

providence regional regional medical medical center center providence Tulalip Tribes enterprises Tulalip Tribes enterprises

health care care health Gaming, real estate, estate, government government services services Gaming, real

3,500 3,500 3,500 3,500

private private private private

http://washington.providence.org/ http://washington.providence.org/ www.tulaliptribes-nsn.gov www.tulaliptribes-nsn.gov

snohomish county county snohomish The everett clinic The everett clinic

county government government county health care health care

2,700 2,700 2,500 2,500

public public private private

http://snohomishcountywa.gov http://snohomishcountywa.gov www.everettclinic.com www.everettclinic.com

premera Blue Blue cross cross premera Walmart Walmart

health insurer insurer health retail retail

2,400 2,400 2,056 2,056

private private private private

www.premera.com www.premera.com www.walmart.com www.walmart.com

everett school school district district everett philips medical systems philips medical systems

school district district school ultrasound technology ultrasound technology

2,025 2,025 2,000 2,000

public public private private

www.everettsd.org www.everettsd.org www.medical.philips.com www.medical.philips.com

edmonds school school district district edmonds safeway safeway

school district district school retail-grocery retail-grocery

1,865 1,865 1,700 1,700

public public private private

www.edmonds.wednet.edu www.edmonds.wednet.edu www.safeway.com www.safeway.com

swedish edmonds edmonds hospital hospital swedish fred meyer meyer fred

health care care health retail-grocery retail-grocery

1,700 1,700 1,600 1,600

private private private private

www.swedish.org/edmonds www.swedish.org/edmonds www.fredmeyer.com www.fredmeyer.com

fluke corp. corp. (danaher) (danaher) fluke marysville school school district district marysville

electronic test test & & measurement measurement electronic school district district school

1,200 1,200 1,200 1,200

private private public public

www.fluke.com www.fluke.com www.msvl.k12.wa.us www.msvl.k12.wa.us

albertson’s albertson’s city of of everett everett city

retail-grocery retail-grocery city government government city

1,200 1,200 1,136 1,136

private private public public

www.albertsons.com www.albertsons.com www.ci.everett.wa.us www.ci.everett.wa.us

aviation Technical Technical services services aviation cemeX cemeX

aircraft repair/maintenance/parts repair/maintenance/parts aircraft sand/gravel mining mining operations operations sand/gravel

1,000 1,000 1,000 1,000

private private private private

http://atsmro.com/ http://atsmro.com/ www.cemex.com www.cemex.com

monroe correctional correctional complex complex monroe snohomish pud pud snohomish

state government-corrections government-corrections state electric utility utility electric

1,000 1,000 976 976

public public public public

www.doc.wa.gov/facilities/prison/mcc www.doc.wa.gov/facilities/prison/mcc www.snopud.com www.snopud.com

esterline control control systems systems esterline crane aerospace aerospace & & electronics electronics crane

aerospace electronics electronics aerospace aerospace electronics electronics aerospace

935 935 900 900

private private private private

www.esterline.com www.esterline.com www.craneae.com www.craneae.com

frontier communications communications northwest northwest frontier Qfc Qfc

communications communications retail-grocery retail-grocery

800 800 731 731

private private private private

http://frontier.com http://frontier.com www.qfc.com www.qfc.com

stillaguamish Tribe Tribe stillaguamish community Transit Transit community

Gaming, government government services, services, investments investments Gaming, public transit transit public

700 700 650 650

private private public public

www.stillaguamish.com www.stillaguamish.com www.communitytransit.org www.communitytransit.org

c&d Zodiac Zodiac c&d electroimpact electroimpact

aerospace supplier; supplier; composites composites aerospace aerospace tooling tooling and and automation automation aerospace

620 620 620 620

private private private private

www.zodiacaerospace.com/en www.zodiacaerospace.com/en www.electroimpact.com www.electroimpact.com

edmonds community community college college edmonds everett community community college college everett

higher education education higher higher education education higher

615 615 600 600

public public public public

www.edcc.edu www.edcc.edu www.everettcc.edu www.everettcc.edu

Travis industries industries Travis agilent Technologies Technologies agilent

manufacturing-fireplaces manufacturing-fireplaces life sciences sciences life

600 600 500 500

private private private private

www.travisindustries.com www.travisindustries.com www.agilent.com www.agilent.com

hos Brothers Brothers construction construction hos panasonic avionics avionics panasonic

construction contractor contractor construction aircraft equipment equipment aircraft

500 500 500 500

private private private private

www.hosbros.com/hos_home.html www.hosbros.com/hos_home.html www.panasonic.aero www.panasonic.aero

Zodiac northwest northwest aerospace aerospace Technologies Technologies Zodiac city of of lynnwood lynnwood city

aerospace aerospace city government city government health care health care manufacturer, vinyl siding manufacturer, vinyl siding aerospace equipment aerospace equipment health care health care Wireless data collection; rfid Wireless data collection; rfid food distribution food distribution Biotechnology Biotechnology medical devices medical devices retail retail aerospace interiors aerospace interiors aerospace aerospace

500 500 465 465 430 430 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 378 378

private private public public private private private private private private private private private private private private private private private private private private private private private private

www.zodiacaerospace.com www.zodiacaerospace.com www.ci.lynnwood.wa.us www.ci.lynnwood.wa.us www.cascadevalley.org www.cascadevalley.org www.alside.com www.alside.com www.amtnw.com www.amtnw.com www.chcsno.org www.chcsno.org www.intermec.com www.intermec.com www.natlfood.com www.natlfood.com www.seattlegenetics.com www.seattlegenetics.com www.sonosite.com www.sonosite.com www.macys.com www.macys.com www.jamcoamerica.com www.jamcoamerica.com www.tectaero.com www.tectaero.com

cascade Valley hospital cascade Valley hospital alside alside amT senior aerospace amT senior aerospace community health center of snohomish county community health center of snohomish county intermec Technologies intermec Technologies national food corp. national food corp. seattle Genetics seattle Genetics sonosite sonosite macy’s macy’s Jamco Jamco Tect aerospace Tect aerospace Source: economic alliance snohomish county Source: economic alliance snohomish county

Snohomish County unemployment rate, 2011-2014 2011 2011 2012 2012 2013 2013 2014 2014

Jan Jan 10.6% 10.6%

Feb Feb 10.4% 10.4%

Mar Mar 10% 10%

Apr Apr 9% 9%

May May 9.1% 9.1%

Jun Jun 9.9% 9.9%

Jul Jul 9.7% 9.7%

Aug Aug 9% 9%

Sep Sep 8.9% 8.9%

Oct Oct 8.7% 8.7%

Nov Nov 8.6% 8.6%

Dec Dec 8.2% 8.2%

8.7% 8.7% 6.6% 6.6%

8.7% 8.7% 6.2% 6.2%

8.2% 8.2% 5.7% 5.7%

7.2% 7.2% 5.2% 5.2%

7.6% 7.6% 5.4% 5.4%

8.2% 8.2% 6.2% 6.2%

8.1% 8.1% 6% 6%

7.5% 7.5% 6% 6%

6.9% 6.9% 5.8% 5.8%

6.7% 6.7% 5.9% 5.9%

6.4% 6.4% 5.7% 5.7%

6.2% 6.2% 5.4% 5.4%

6% 6%

4.8% 4.8%

5.1% 5.1%

5.1% 5.1%

5.3% 5.3%

5.3% 5.3%

5.1% 5.1%

4.8% 4.8%

5.9% 6% 5.9% 6% Source: employment security department Source: employment security department

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