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Boise Metro: Year-Over-Year Growth Leader

6/18/2015

Area Development posted their 2015 Leading Locations list this week.  For the Boise Metro region, Boise was ranked tenth overall for the "recession busting" and year-over-year growth metros.  Below is an excerpt on what they had to say about the region:

"Another year-over-year leader is the Boise City-Nampa MSA in Idaho, which ranked tenth overall among the Leading Locations in this category. Its diversified economy includes food processing, agriculture, traditional and advanced manufacturing, software, and sustainable energy. A young (average age 33) and highly educated workforce of 330,000 is within a 45-minute draw of the area. The Boise Valley Economic Partnership markets the MSA aggressively, especially its highly skilled workforce and low business costs. A new state incentive — the tax reimbursement incentive — is generating a lot of relocation interest. This credit is issued to a company on an annual basis, providing its performance milestones have been met. This incentive is one reason why Gayle Manufacturing Company, a provider of structural steel, is relocating its headquarters from California to Caldwell (part of this MSA) and building a new steel fabrication manufacturing facility. “Gayle Manufacturing’s relocation is a prime example of the opportunities and interest Idaho is seeing as a direct result of the tax reimbursement incentive,” indicates Clark Krause, executive director of the Boise Valley Economic Partnership. “In the Boise Valley alone, we have seen a 150 percent increase in companies interested in relocating to our area or expanding existing locations here.” 

Read the Full Article by clicking here.

HAVE QUESTIONS? ASK US.
Clark Krause
Executive Director
Mobile: 208-863-9675
Phone: 208-472-5230
ckrause@bvep.org
Charity Nelson
Director of Economic Development
Mobile: 208-863-8521
Phone: 208-472-5240
cnelson@bvep.org
Ethan Mansfield
Project & Research Manager
Mobile: 208-921-4686
Phone: 208-472-5246
emansfield@bvep.org
250 S. 5th St.
Suite 300
Boise, Idaho 83702
© 2017 Boise Valley Economic Partnership