2022 OEDC Stakeholder Report

Business Development

The Business Development unit works with local economic development organizations, site selectors, corporate decision-makers and investors to site, relocate and expand business operations throughout Washington State. The unit assists with infrastructure and permitting issues, workforce development, site selection and incentives.

Total # of Recruitment Projects: 87
Domestic: 64    FDI: 23
Total Projected Jobs: 23,898
Total Projected CAPEX: $19.7 billion

Total # of Expansion Projects: 51
Domestic: 46    FDI: 3
Total Projected Jobs: 3,652
Total Projected CAPEX: $2.98 billion

Total # of Projects Won: 41
Total Jobs Created: 6,741
Total CAPEX: $1.67 billion

Total # of Expansion/Retention Projects Won: 40
Total Jobs Created or Retained: 9,103
Total CAPEX: $1.06 billion

Urban (King, Snohomish, Pierce): 28
Rural: 13

Urban (King, Snohomish, Pierce): 15
Rural: 25