February 9, 2011
This post title is only funny if you read it in a sort of “New York tough guy” voice. The other title I was considering was “The Importance of Branding Earnest” which doesn’t even make sense. But the point is this: there is a vital economic development need to make sure that you’re branding your region as a leader in those industry clusters you have strength in. Because, if you don’t, there are tangible consequences.
We think this is true in terms of global health. Apparently, it’s already proving itself true in aerospace.
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October 11, 2010
“Drone boat for military to be built in Bothell factory,” the Seattle Times reported yesterday. “Sounds like an article I should skim,” says I, while watching the Phillies and Eagles soar to victory. But then skim I did, and gladly so. Because there are at least three really important things here: Read the rest of this entry »
October 1, 2010
In an effort to give all you loyal Prosperity Blog readers out there a few things to look forward to each week, we’re going to be rolling out a few weekly features. And so I’m happy to introduce you to our first one: Random Economic Development Email of the Week.
Like many of you, I somehow end up on a bunch of crazy listservs and receive unexpected updates, invitations and offers. And so each week, we’ll be sharing with you one of those emails and what it inspires us to think about with regard to the region’s economic development. For our inaugural REDEW, I’m happy to present to you “Invitation for the UAS Conference-London.” And I quote: Read the rest of this entry »
September 17, 2010
This Wednesday Boeing announced that it will help the non-astronaut community boldly go where few men have gone before… No, not a Lilith Fair concert… outer space. Not to explore strange new worlds, or to seek out new life and new civilizations, but to tap into the apparently under-served market for space tourism by taking visitors to low Earth orbit (LEO). Read the rest of this entry »
July 27, 2010
The weeklong Farnborough International Airshow—one of the world’s largest aviation/aerospace events and trade shows—wrapped up this weekend in England. In total, some $47 billion worth of deals were signed during the event.
As you may have heard, there were no Washington state or county officials on hand during the show. While in years past Washington has sent substantial delegations and facilitated meetings and events at the show, this year’s budget constraints kept our leaders and economic development organizations at home. (I should note that Washington did have a booth organized and staffed by Washington’s trade representative for Europe.) Read the rest of this entry »
July 26, 2010
One of my earliest posts on the Prosperity Blog was about space…specifically, making our region the center for space tourism. I mean, hey, if people are going to pay huge sums of money to get a change to fly up into the atmosphere, it might as well be from here, right?
Alas, my dreams of people coming here to leave for space have not come true. But it’s still possible that people can come here to get a pretty good taste of what that would be like… Read the rest of this entry »
July 6, 2010
Last week’s WTO ruling that Airbus has for decades received billions in illegal subsidies from European governments was a major victory for Boeing, for American workers, and for Washington State. But, its impact on the ongoing Air Force aerial refueling tanker contract saga remains uncertain. Read the rest of this entry »
June 23, 2010
When it comes to economic development, Prosperity Partnership has always recognized the importance of working not only regionally but also statewide. That’s why we have WSU President Elson Floyd as one of our co-chairs, it’s why we run cross-state bus tours, and it’s why so many of the organizations we help launch – Aerospace Futures Alliance, Washington Clean Tech Alliance, etc. – are statewide. Of course, the most important reason is that we actually share a lot of industry clusters: clean tech, aerospace, IT, life sciences, trade, tourism and military all have big roles in both the central Puget Sound economy as well as the state’s. But there’s one thing we don’t mutually focus on: agriculture. Or do we? Read the rest of this entry »
June 14, 2010
I love the Prosperity Partnership’s quarterly industry cluster tours. Seriously, it’s not shameless self-promotion or liking the fact that I get to be out of the office once every three months. It’s that the opportunity to spend a full day learning about a different part of our economy in detail – and figuring out what we can do to better support it – is just very invigorating and inspiring. And the tour last Friday of the Boeing Company’s defense, space and securing operations in our region was perhaps one of my favorite. Read the rest of this entry »
June 1, 2010
I was at a family wedding this weekend, where my uncle used the phrase, “I don’t feel like I’m losing a daughter, just gaining a son.” Which is sort of how the staff both here and in Olympia must feel about the fact that Bill McSherry is leaving PSRC and the Governor’s Office permanently to work for the Boeing Company as Director of State and Local Government Affairs.
On February 17, 2009, I wrote a blog post entitled “McSherry Takes Flight.” That was when he started working as a loaned executive for the Governor on aerospace issues and, of course, did a great job. Such a good job that I have to write a post entitled McSherry Takes Flight, Part 2 to commemorate his new gig.
But in the word of my uncle, it’s less that we’re losing a co-worker, just gaining a colleague. Knowing Bill, we’ll see him around quite a bit as he helps guide the Boeing Company’s engagement in our community and our state to the benefit of all of us. Good luck, Bill…it’s not goodbye, it’s “until we meet again”!
May 10, 2010
Big press conference today announcing the economic impact of Boeing winning the Air Force aerial refueling tanker contract. And the numbers are: 11,000 jobs and $693 million annually! Read the rest of this entry »
May 3, 2010
Assuming that “defensive” is the adjective describing a region with a lot of defense-related contracting activities…
The news about UW’s big defense contract got me thinking about all the defense-related contracting that goes on in our region. Obviously, Prosperity Partnership has been focused on that topic a lot since the creation of our Military Cluster Strategy in 2008, but for those of you who haven’t picked that up in a while, we’re talking $3.7 billion in contracts in the four-county Puget Sound region. A lot of those come from aerospace and engineering related activities, as well as your basic procurement for things like construction, janitorial, and medical services, and other base support services. Read the rest of this entry »
April 30, 2010
In the online, globalized world, geography doesn’t matter anymore, because we can email/conference call/GoToMeeting/virtual/3D/sync/nonsenseword/etc. Except that it totally does. For example, this new Innovation Center going right next to PNNL in Richland, WA. Why do they need to be right next to the Pacific Northwest National Lab? Is the IP coming out of there too heavy to move very far? Or is it, as others are arguing, that geography is a really important aspect to technology commercialization: Read the rest of this entry »
April 20, 2010
So, Airbus’s parent company announced today that they’d be bidding for the Air Force aerial refueling tanker contract, meaning that Boeing won’t be a sole bidder after all. I’m sure there’s going to be a lot of concern and analysis about this move, and what it means for Boeing’s chances of winning the contract. But I have to tell you – speaking purely from my perspective – that I think it’s much better for Boeing in the big picture. Read the rest of this entry »
March 22, 2010
So, at the end of last week, the idea that Boeing was going to be sole bidder on the Air Force aerial refueling tanker “took a nose dive.” (Sorry, I couldn’t resist.) EADS talked about applying on their own without an American partner, the Air Force said that they’d extend the deadline to accommodate EADS doing so, and then a rumor broke out that the Russian aerospace company United Aircraft would be applying too. Apparently, at least that last one isn’t true, but it is still a sign of the times to come. Read the rest of this entry »