2023 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.

Data represented is from 2018-2023

Total # of Recruitment Projects: 245
Domestic: 160    FDI: 85
Total Projected Jobs: 75,792
Total Projected CAPEX: $10.2 billion

Total # of Expansion Projects: 66
Domestic: 58    FDI: 8
Total Projected Jobs: 20,116
Total Projected CAPEX: $2.91 billion

Total # of Projects Won: 43
Total Jobs Created: 7,222
Total CAPEX: $5.3 billion

Total # of Expansion/Retention Projects Won: 33
Total Jobs Created or Retained: 3,755
Total CAPEX: $2.1 billion

Urban (King, Snohomish, Pierce): 20
Rural: 23

Urban (King, Snohomish, Pierce): 10
Rural: 23