The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.
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Contributors
Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
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If the Air Force gave extra credit to aircraft makers who turn in their bids early, Northrop Grumman would have taken a lead over the Boeing Co. Tuesday.
Boeing's aerospace rival turned in its bid for the $40 billion airborne tanker contract two days early. Bidders have until Thursday night to submit their bids.
The initial contract is for 179 replacements for the Air Force's 40-year-old KC-135 aerial tankers. Follow-on contracts are expected in later years.
Northrop Grumman is partnering with Europe's Airbus to bid on a militarized version of the Airbus A330 jetliner. Final assembly of the tanker would be in Montgomery, Ala.
Boeing is bidding on a tanker version of its 767 twin-jet. That plane is built in Everett.
The Economic Development Board for Tacoma-Pierce County today released its annual list of the area's major employers – those entities or businesses with 100 or more employees.
As before, the U.S. Army at Fort Lewis led the list of 213 employers with 38,143 military and civilian workers. Local school districts came second with 13,393, and the U.S. Air Force at McChord counted 11,765.
Among private concerns, MultiCare Health System marked 5,567 employees. Franciscan Health System came second with 4,059, and Safeway Stores totaled third with 2,650.
Look for a full list and analysis in an upcoming issue of The News Tribune.
The aviation press is full of doomsday stories about the Chinese developing their own capability to build airliners.
But just how still distant that capability remains is highlighted by news from China News Service that Xiamen Airlines is mulling a plan to buy 60 Boeing 737-800s.
According to the Chinese news agency, the airline would take delivery of the first 35 single-aisle 737s by 2010 with the remaining 25 to be delivered between 2011 and 2013.
Xiamen bought 10 737s last year.
When Boeing started selling off surplus land near its Renton plant after the 9-11 terrorist attacks, some civic leaders there felt that decision was a harbinger of distress for the city of 50,000.
Far from it. The surplus Boeing land is now giving Renton a valuable source of new tax income, potential new near downtown population, and, perhaps, if the city's stars are in correct alignment, a major regional attraction in a new Sonics arena.
News that the Sonics and a Dallas-Chicago-based development company, TranswesternHorizon, have reached agreement allowing the basketball organization to buy a 21.2-acre site Boeing owns in Renton is the latest run of good tidings for Renton. The partnership has first rights to buy the site from Boeing. The Sonics would build a new $500 million arena and practice facility on the site if government agrees to pay part of the tab.
Former Boeing land is already the site for the region's only Frys electronics store and is the proposed site of development called The Landing that so far includes plans for 900 apartments, a 140-room hotel and 660,000 square feet of retail development.
Announced tenants include Regal Cinemas, Target, LA Fitness, Staples, PetSmart and a handful of smaller tenants.
Meanwhile, Boeing, which has consolidated its single-aisle aircraft building operation in Renton into a smaller footprint, shows no sign of going away. Construction of 737s is now at a near-record pace, and the company is building a new assembly line on the site for the military version of the 737, the MMA.
