TWO OFFICES. ONE APPROACH. CA PI TA L R A I SI N G A N D M&A FOR INNOVATIVE COMPANIES SEATTLE 206.512.2491 DENVER 303.953.1981 WHAT’S NEXT FOR AEROSPACE IN SNOHOMISH COUNTY 18TH ANNUAL AEROSPACE CONFERENCE | SOARING TO SUCCESS BY MATT SMITH Director, Industry & Resource Development / Economic Alliance Snohomish County Snohomish County is the manufacturing hub of Washington State. 20% of our workforce is engaged in manufacturing; the statewide average is 10%. This prowess in manufacturing starts with commercial aircraft, which will again be celebrated with the first flight of the 777X. If you’re planning to develop and assemble a new aircraft, what better place than a community with 52 years of experience? The Teal Group and PwC reports confirm this. In anticipation of continued growth, the following activities are underway to support existing aerospace industry and to attract future in-bound investment. INFRASTRUCTURE INVESTMENTS A single commercial airport is no longer adequate to serve the Seattle region. Snohomish County Airport Paine Field provides an option as of February. Alaska and United Airlines will serve nine destinations – Phoenix, San Diego, Orange County, LAX, San Jose, SFO, Las Vegas, Denver and Portland. Travelers can avoid freeway congestion and long security lines when making convenient one-day round trips. Productivity and costs are influenced by the infrastructure which moves workers and materials. We are in the midst of an $84 Billion transportation investment initiative. Multiple roadway projects near the Boeing Everett plant and throughout the region are underway. At build-out, light rail will connect downtown Everett through the Lynnwood City Center to SeaTac International Airport, including service to Boeing Everett. 16