As America emerges from the recession, job creation is at a premium. International trade presents perhaps the greatest potential for economic growth, particularly in Washington State, where 40% of all jobs are linked to trade.
Because Asian markets are growing so strongly, they present a prime opportunity for Northwest exporters, but the United States has limited capacity to export dry bulk goods from the West Coast competitively. The Gateway Pacific Terminal, and its link to the BNSF rail system, will help fill that void, providing farmers and resource managers in the Northwest and across the upper Midwest with an efficient new export portal.
The economic situation in Northwest Washington is particularly acute. Whatcom County continues to lose ground to the rest of Washington State. Personal income and hourly wage are falling farther behind the state averages. Unemployment is high, and in particular, the county is losing its industrial jobs, as 1,400 jobs have vanished since 2007, when the Georgia-Pacific mill – the last large factory in Bellingham – closed after 150 years. That mill was part of an industrial complex that once employed 1,200 people.
The Gateway Pacific Terminal will help address these challenges. Gateway will provide new export opportunities across the nation, provide much-needed family wages jobs and millions of dollars in new tax revenues for vital local and state services, and help Northwest Washington rebuild a strong economic foundation.
Like us on Facebook!
- Guest: Weigh science, instead of conjecture, on dangers of coal-train dust
- Coal fight may cost us jobs, investment
- New Northwest ports important for ag exports
- Let’s be honest: The concern really isn’t about coal dust
- Farm bureau asks Inslee for caution on coal regulations
- Tri-City business leaders worry about coal export rules
- Terminal’s family-wage jobs, taxes would aid Whatcom County
- BNSF Responds to “Nuisance” Suit
- Report summarizes thousands of public comments about scope of environmental review for proposed Cherry Point export terminal
- Labor and Business Leaders Call for Reasonable Reviews of Proposed Export Projects
- Regulatory microscope threatens export growth
- Exporting coal to China is the greenest option
- A Columbia River Pilot’s View Of Coal Exports
- Cloud Peak Energy Announces Option Agreement with SSA Marine for Capacity at Future Cape Size Export Terminal in Pacific Northwest
- New Poll: Coal Exports Winning Support In Washington