| Xtremez,
an e-commerce and distribution firm, announced the relocation
of their headquarters and operations from Tualatin, Ore. to
Vancouver, Wash. in May 2005.
“For
our type of business, being in Washington has several advantages.
No (state) income tax and an exemption from the state’s
business and occupation tax on out-of-state and foreign
sales are both pluses. We also like the accessibility to
Interstate 5 and the Portland International Airport because
we are receiving and shipping products all over the world,”
said Adam Stites, founder and CEO of Xtremez. Source:
The Columbian, 5-27-05.
Hancock Forest Management opened its Northwest regional
office in Vancouver, Wash. in 2003. Hancock Forest Management
is the forest management subsidiary of Hancock Timber Resource
Group, the world’s largest timberland investment manager
for institutional investors.
“Vancouver
offers a lot of advantages,” said Bill Marre, general
manager of HFM’s Northwest Division. “It’s
centrally located in our Western operating region. Travel
is easy because it’s next door to an international
airport and at a hub in the interstate highway system. Finally,
it has the quality of life that enables us to attract the
outstanding people we want in our firm.”
Amfit, the industry leader in CAD CAM technology
for the fabrication of foot orthotics, relocated their headquarters
and manufacturing operations to Vancouver, Wash., from the
Silicon Valley in Santa Clara, Calif. in October 2003.
“Washington’s
tax environment, the region's cost of living, and quality
of life issues were major factors in our decision to move
to Vancouver,” said Arjen Sundman, president of Amfit.
“Having no personal or corporate income tax is a real
plus.”
Logic
Product Development, one of the largest product development
consulting firms in the Midwest, opened an office in downtown
Vancouver in March 2004.
Vancouver
is a very good fit for Logic because our strategic partners,
Microsoft and Sharp, are in the region and we have a rapidly
growing customer base in the West, said Danny Cunagin,
CEO of Logic. We are right in the middle of a burgeoning
high-tech cluster that will benefit us in the long-term.
Dollar Tree Stores, Inc. celebrated the opening
of its $40 million, 665,500 Square Foot regional distribution
center in Ridgefield, Wash. in May 2004.
“The
site is the best fit for our logistics model and offers
excellent access to the port of Portland, which is a key
import site for Dollar Tree,” Steve White, senior
vice president of logistics for Dollar Tree.
Kokusai
Equipment Semiconductor Equipment Corporation (KSEC), the
world leader in the design, manufacture, installation, and
maintenance of vertical Diffusion and Chemical Vapor Deposition
(CVD) systems relocated its sales, marketing, service, training
and parts distribution to Vancouver, Wash. in 2004.
Rob
Bernardi, Kokusai Semiconductor president and chief operating
officer, said there are several reasons for the company's
planned move to Vancouver. "Because of space constraints
in our current location (on Airport Way in Portland) we
absolutely had to relocate," said Bernardi. "But
after considering several new sites on both sides of the
river we concluded that the overall tax climate in Washington
was more favorable. For a lot of tax reasons and the fact
that some 60 percent of our employees already live in Clark
County make this the right decision." The Columbian,
June 3, 2004.
IGI,
a manufacturer of specialty engineered products used
by a large variety of customers in the OEM and MRO markets,
relocated its executive offices to downtown Vancouver, Wash.
from Wilsonville, Ore. in 2004.
“We
chose Vancouver for its easy access to the airport, major
freeways, attractive lease rates and what we consider to
be forward thinking civic leaders,” said Mike Smith,
president. “The beautiful downtown area, along with
the affordability of doing business here, makes Vancouver
a logical option.”
Matrix
Health Products, a manufacturer of unique specialty
health supplements, relocated their headquarters and distribution
offices from Southern California to Vancouver, Wash. in 2005.
“Clark
County is an exceptional place for a thriving family business,
it’s a community that offers a high quality of life
including great educational facilities, transportation access
and no corporate or personal income taxes”, said Steve
Kravitz, president.
PLEXSYS
Interface Products Inc., a software engineering firm
specializing in modeling and simulation for air-space control,
celebrated their official groundbreaking in March 2005. PLEXSYS
is relocating their corporate headquarters from Portland,
Ore. to Camas, Wash.
“Our
decision to expand in Clark County was driven by the area’s
friendly business environment, lower taxes, and transportation
access. Having a new facility next to a golf course was
also a plus,” said Jon Stacey, Vice President.
Concannon
Paper Inc., a wholesale distributor of paper products,
relocated to Clark County, Wash. from Portland, Ore. in 2005.
“Southwest
Washington offers us the best of both worlds,” said
Mike Concannon, president. “Washington’s tax
structure is too good for a family-run business like ours
to pass up, and we will be able to stay in the Portland
metropolitan area, which we have all grown to love.”
In addition, estate and family succession issues, as they
relate to tax consequences, also were of consideration.
Finally, Concannon says, “The wealth of business sites
available in Southwest Washington made it easy to move.”
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