Business Update: Kenworth to build facility in Spokane, AI brings Japan and Washington state business together

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BUSINESS UPDATE  | August 1, 2019

Kenworth to build new facility in Spokane Area

Spokesman Review

Earlier this month, Salt Lake City-based truck dealer Kenworth Sales Co. announced plans to build a $15 million facility in the West Plains area of Spokane County. The company has filed plans with Spokane County to build an 83,000-square-foot facility that will include space for truck sales, a body shop, warehouses and office space. Kenworth will be moving 100 employees from its Spokane Valley location to the new West Plains facility, and will be hiring an additional 20 employees at the new building. Construction is expected to be completed by June 2021.

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AI event brings Japanese investors and local innovators together

Seattle Times

Last week, 10 Northwest startups pitched their businesses to Japanese investors at a Japan-Washington tech innovation event sponsored by the Washington State Department of Commerce. Multiple startups have received funding during past events, including Seattle-based DefinedCrowd, which develops machine learning technology. This was the 13th Japan-Washington tech innovation event in the past three years. The events began in 2016 as a result of an agreement on economic and trade relations between Washington state and the government of Japan.

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New warehouses planned near Vancouver, WA

The Columbian

An application has been submitted to build several industrial warehouses on a 10.3-acre site in Orchards, about 10 miles outside of Vancouver. The buildings could offer as much as 88,000 square feet of warehouse space. The developer plans to begin construction in the fall.

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Seattle-area medical device company receives major funding 

Puget Sound Business Journal

On Monday, Sterifre Medical Inc. announced that it had raised $8 million during its Series B round of funding. Sterifre Medical, based in Kirkland, has raised $20 million to date. The company produces a patented product called Aura, which rapidly disinfects small pieces of medical equipment such as stethoscopes and otoscopes. Sterifre is planning to expand its operation in Kirkland and move into a larger office space.

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At the Washington State Department of Commerce, we focus on strengthening communities and growing Washington’s economy.

This bi-weekly newsletter highlights recent economic achievements for the state, and showcases opportunities for companies interested in investing in Washington.