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State of Manufacturing 2012 Seattle Port Commission April 24, 2012 The Mystery of the $35,000 Radiator Valves The Gardico Solution: $50 in Gaskets From 1994 through 2008 An A- In Manufacturing From 1994 through 2008 State Retained 94% of Its Manufacturing Job Base Revenues Grew Faster Than the Overall Economy - 129% to $132 Billion vs. 121% Metal Fabricators & Machine Makers 239% Revenue Growth to $9+ Billion 33% Job Growth to 36K (29%) Bigger Than Hollywood Bigger Than the NFL Equals 70 NBA Teams NW Strategic Assets Capital Goods: Airplanes, Trucks, Boats, Metal Trades Construction Renewables: Timber, Agriculture, Seafood Alaska, Western Canada, Asia Marine Cargo & Logistics Oil & Natural Gas World Not Flat . 4.444%...A"_4. :"T. x.L": . Hg"; . . .4...'4'...._._ .N'uf ..M.....4c. _ ".4....:.. .. . .a' 7_. 1n... . 4 z. ...~ . . .. ... . .t. ,L .. ..l........4:4.44.. The Great 21st Century Fish Net Boom Fish Net Sales +1048% to $176 M from 1998-2008 History of Innovation Thea & Andrew Foss 1889 William Pigott 1905 737 = 81% Output 2012 Challenges Stormwater Crapshoot Ingraham High School Rocket Club Value All Post-Secondary 27% of Certificate Grads Out Earn College Grads State of Manufacturing 2012 Seattle Port Commission April 24, 2012
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