Economic Development In The News
News From Development Partners
Washington State Department of Commerce
City of Richland and Port of Benton receive site readiness grant
Washington State Department of Commerce - 8/28/2024
“We’re delighted to award these grants to support some exciting projects envisioned in rural communities around the state,” said Commerce Director Mike Fong. “These sites have the potential to attract manufacturers with good jobs that can be a catalyst for additional economic activity.”
Tri-Cities Area Journal of Business
City requests $5M to pave way for fertilizer plant
Sara Schilling - 7/15/2024
Dan Holmes, Atlas Agro’s president for North America, said the company “is grateful for its partnership with the city of Richland, and recognizes the leadership the city is demonstrating as it pursues an integrated economic development strategy for the Northwest Advanced Clean Energy Park.”
The Seattle Times
Small nuclear reactors could be on the their way to Central WA
Tod Stephens - 7/1/2024
A new chapter in the history of nuclear power is being written.
CityVision Magazine
Back To The Future - Two cities demonstrate economic revival by embracing the past.
Zoe Sayler - 6/11/2024
It’s not enough just to create jobs and develop a robust economy around clean energy. Richland wants to make a difference on a global scale once again.
Apple Valley News Now
Atlas Agro plans innovative fertilizer plant for Richland
Alyssa Warner - 4/11/2024
A wooden sign just off Stevens Road in Richland holds the promise of big things to come.
Tri-City Area Journal of Business
Richland tax incentive begins to spur economic development
Sara Schilling -2/14/2024
Richland has available industrial land, a robust and skilled workforce, and other factors that make it attractive to companies looking to expand their operations or build something new within city limits.
Tri-City Herald
Nuclear fuel plant seeks tax breaks for $39M expansion with new jobs in Richland
Wendy Culverwell - 1/3/2024
Richland designated much of the Horn Rapids area as a TUA in early 2023 and has enjoyed success in its first year of existence. If approved, Framatome will be the second manufacturer to take advantage of the new tax incentives. The first was ATI Inc., a specialty metals company that is building a $28 million addition to its titanium melt plant.
Tri-City Herald
Will gamble on 'clean energy' manufacturing make up for millions in lost Richland taxes?
Wendy Culverwell - 1/29/2024
The city is the first in Washington to use a new suite of tax incentives designed to encourage clean energy and other manufacturing. The 2022 Legislature created “Targeted Urban Areas” or TUAs to offer 10-yearproperty tax breaks to companies that produce new family-wage jobs.
Tri-City Herald
Richland offers tax breaks to woo 'revolutionary' battery parts plant to Horn Rapids
Wendy Culverwell - 12/26/2023
Cenate, based in Norway, will choose between Washington and Montana for a 40,000-square-foot production facility by mid-2024, Richland announced Monday.
Apple Valley News
Richland adopted new Targeted Urban Area Tax Exemption
Morgan Huff - 7/19/2023
The Washington State Legislature adopted a new program in the Spring 2022 that has found success in Richland's Horn Rapids Industrial Area when ATI Inc.'s application for Targeted Urban Area (TUA) tax exemption was approved by the city council on Tuesday.