Manufacturing 2012 Manufacturing Report | Page 4

Key Findings awb regional manufacturing meeting locations: August – October 2011 • Everett • Mount Vernon • Moses Lake • Pasco • Spokane • Vancouver AWB heard from more than 70 employers representing approximately 5,000 employees at six meetings around the state who discussed the advantages of tax credits, struggles with hiring a qualified workforce and issues concerning regulatory oversight. Hearing first-hand from business is key to understanding and addressing the needs of the manufacturing industry in order to support the growth of the sector. Washington state manufacturers attending AWB’s regional meetings identified the following items as the top areas of concern for the industry: • Power rates must remain competitive. Changes are needed to Initiative 937 in order for manufacturers to remain competitive with other states. • There are serious regulatory issues and impediments with several state and federal regulatory agencies that must be addressed. • There is a lack of a skilled workforce to meet demand. • Tax incentives play a vital role in the growth of the manu- facturing industry and must be protected. wa state manufacturers account for 78 percent of the state’s exports. Power Rates and I-937 Businesses and industries located in Washington state enjoy the benefits of a reliable and competitive power supply. Washington is a leader in capitalizing on energy efficiency opportunities to extend supplies and keep prices competitive. Washington state is one of the lowest emissions producing states ranking number 5 in per capita emissions from electric power generation pulling