Pacific Northwest Bi-state Area Offers More Choices
For manufacturing firms, low cost energy and the ability to partner with three counties in a two-state region presents a number of options in meeting business needs. Food processors, agribusiness companies, mining companies and wood-related manufacturers are among the industries that thrive in the western Idaho and eastern Oregon region of the Treasure Valley. Located west of the Boise City-Nampa MSA, the region’s incentives range from no sales taxes to programs that limit property and income taxes, to state designations that allow for additional benefits, to certified properties.
Companies will find that the region’s low cost utilities can save millions of dollars per year, writes Kit Kamo, executive director, Snake River Economic Development Alliance, in an email message. Rates average 4 cents to 7 cents per kWh; and natural gas rates are also economically feasible. This rural region also features state-of-the-art fiber optic redundancy with multiple vendors of high speed Internet services.
Kamo says that although local unemployment hovers between 9 percent and 10 percent, businesses are expanding. Amalgamated Sugar has added 40 employees in response to increased sales. Champion Home Builders has added 45 employees in order to meet the demand for temporary workforce housing units. In 2010, Fry Foods Inc. added a new production line and hired 125 new employees.
These businesses are part of a strong partnership with stable and pro-business government leaders located throughout the bi-state region, Kamo notes.
For complete details on conducting business in the Treasure Valley, visit www.snakerivereda.com.