Archive of: Tacoma

Title Issue

Unemployment rates up

Unemployment rates were higher in November than a year earlier in all 372 metropolitan areas, the U.S. Bureau of Labor Statistics reported today. Seventeen areas recorded jobless rates of at least 15 percent, while 13 areas registered rates below 5 percent. The national unemployment rate in November was 9.4 percent, not seasonally adjusted, up from 6.5 percent a year earlier.

January 2010

AGC heads for Fife

Associated General Contractors, the trade organization serving larger general contractors and buildings in the region, will be relocating its South Sound headquarters from downtown Tacoma to Fife in this new year.

In a survey, AGC members reported that they would prefer office space that did not require paid parking and was conveniently located near a major freeway. The downtown Tacoma office space did not offer these conveniences and the new structure in Fife does.

January 2010

Blog watch: Timber & time off

The blogosphere is on holiday vacation along with many businesspersons, so there isn't much to report today. Washington State Labor Council's blog reflects on this silence in its most recent post from Dec. 23. It suggests that Santa's leave-behinds must have us preoccupied. Even the normally buzzing Exist133, that party-line for New Tacoma created by Derek Young, is largely quiet with the only post-Christmas posting as of this morning being a theater review by former BE Editor Steve Dunkelberger.

Only when you browse the online musings of our public servants do you find evidence that somebody's on the job. Must be their strong work ethic (and those generous benefit packages.)

"Ear to the Ground," a blog from the state Department of Natural Resources, says it's hearing improving sounds from the woods and lumber mill operators. The agency's latest Revenue Forecast notes that stumpage prices (the value of standing trees sold for harvest) have climbed to $185 per thousand board feet, up from $130 last April but still down 27 percent from a year ago.

December 2009

Plans set for deputy's memorial service

The Memorial Ceremony for murdered Pierce County Sheriff's Deputy Kent Mundell will begin at 1 p.m. next Tuesday, Jan. 5, at the Tacoma Dome.

The Mundell Family and the Sheriff's Department are inviting the public to share in the remembrance by attending the ceremony and lining the processional route.

December 2009

People on the move

Port of Tacoma has named Erin Galeno as its new chief financial officer. Before joining the Port, Galeno spent 23 years with Weyerhaeuser Company, most recently in the position of controller for corporate support functions.

Mike Boyd is the new editor at Business Examiner, with responsibility for news content on all BE platforms. He comes to the South Sound after five years as editor of Colorado Springs Business Journal and also has experience at daily newspapers in North Carolina.

December 2009

First Night -- in the rain

There are very few business-related events scheduled in the South Sound through this week between major holidays. Most chambers of commerce and other organizations will resume active schedules the week of Jan. 4.

First Night -- Tacoma's New Year's Eve celebration -- is an opportunity for friends and families to say farewell to the old year and hello to the new. It's a family-friendly, alcohol-free celebration that will draw thousands to downtown for a fun day and night of exciting events, including crafts for the kids, a parade, live entertainment, a fireworks show and more. For more information, visit the First Night Web site.

December 2009

Tacoma convention center outlook graded

Fitch Ratings has affirmed an A+ rating for $27.2 million convention center and parking revenue bonds, series 2004, in an action announced this month.

But the review agency expressed a "Negative" rating outlook because of a "sizeable projected 2009 decline in Public Facilities District sales taxes which will be a third consecutive year of decline with trends for 2010 still uncertain.

"Trends for parking related revenue, the other half of pledged revenues, are moderately negative," the ratings agency reported.

December 2009

Win big at Broadway

In a first-of-its kind effort in the state, Tacoma's Broadway Center for the Performing Arts will launch a major fundraising raffle on New Year's Eve with a key kickoff event at the Pantages Theater.

Raffle tickets for LIVE LARGE will sell for $99 each, with the grand-prize winner becoming the owner of a new $1 million Tacoma dream home, thanks to The Commencement Condominiums.

The winner can elect instead to receive $600,000 cash. The size of the total prize pool topping $1.1 million makes this a first for any raffle in Washington.

December 2009

Paperwork filed for Covington hospital

MultiCare Health System filed plans last week with the state Department of Health to build a 58-bed hospital in Covington.

Following plans first reported by the BE Daily Nov. 23, it also will add a 24-hour Emergency Department adjacent to the existing Covington MultiCare Clinic.

December 2009

$45,000 to 19 Tacoma art projects

Tacoma Arts Commission has awarded $45,000 in 2010 Arts Projects public funding to 19 different Tacoma organizations in support of public outreach projects in the fields of music, dance, film, theater, literary and visual arts.

The awards range in value from $1,000 to $4,000 and serve a cross-section of Tacoma's community.

December 2009
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