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The Employment Security Department
reports that the County has added 20,500 jobs through the end of October. The Oct. 2006 to Oct. 2007 growth rate is 8.5%. Aerospace led the way, adding 9,400 jobs, followed by health services with 2,000.
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Standard Biodiesel
of Arlington is working on a plan to increase its production of biodiesel fuel by building relationships with regional restaurants. Standard processes dirty, used cooking oil into a diesel fuel that is cleaner than petroleum diesel.
In October, they processed 70,000 gallons of oil, and have the capacity to do ten times that amount.
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Community Transit
and Everett Transit
are working jointly to create a Bus Rapid Transit (BRT) line. The BRT would run from Everett Station to the King County line, primarily along Highway 99. The project, called Swift, features frequent buses and limited stops, similar
to light-rail service. The Swift BRT is scheduled to start in 2009.
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Nastech Pharmaceutical Company
of Bothell has entered into a feasibility study to develop an alternative dosage form for a protein used to control bleeding. Hemophilia patients currently require frequent injections of the protein. A new delivery system would do
away with the injections.
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The Port of Everett
announced that two of its major shipping lines will partner, leading to 12 additional ship calls per year. Eastern Car Line and FESCO will add two vessels providing service between Everett and several Russian ports. The Port expects
about 120 ship calls to Everett by the end of 2007.
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The Tulalip Tribes
were the subject of a New York Times feature on the application of casino revenues to other projects. Rep. John McCoy talked about the Tribes business moves into commercial, retail and hospitality developments. The article may be found
at www.nytimes.com.
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Denmark-based CMC Pharmaceuticals
has purchased the Bothell biotechnology manufacturing facility formerly operated by ICOS. CMC ICOS Biologics will retain the more than 125 employees currently working at the contract manufacturing plant.
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Snohomish County's
Focus on Farming Conference drew a record turnout. 600 participants discussed a range of agricultural issues, with guest speakers stressing the importance of innovation to the health of the local agriculture sector. Exhibitors displayed
a wide variety of local products.
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The City of Everett
is paying for an environmental impact statement for the entire downtown area. The city will know in advance the probable effects of a variety of possible developments on air and water quality, traffic, noise and other elements.
This permit streamlining process is an incentive to companies looking to locate facilities in the Puget Sound region.
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October's unemployment rate
remained at 4.2 percent. There was an increase of 600 jobs in the County over the month, with most of the growth coming in services, education and health services.
Want to learn more? Visit the
EDC homepage!
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