Brad's Business Highlights
Strong sales of BMW's electric cars around the world mean an economic boost in the state of Washington. The Puget Sound Business Journal reports BMW is speeding up a 200 million dollar expansion of its carbon fiber production in Moses Lake. The third 110 thousand square foot building should open this time next year and will add another 120 jobs to the plant.
Boeing is laying out a timeline for a new "space taxi" the company hopes will restore the USA's ability to ferry astronauts to and from the space station. The Puget Sound Business Journal reports Boeing will test the unmanned version of the spacecraft in early 2017. If all goes well, manned missions could start a few months later. The CST 100 will fly atop an Atlas 5 rocket and carry seven crew members and a mix of cargo to the ISS.
Alaska Airlines aced the latest JD Power survey of passenger satisfaction. Released last week, the survey showed Alaska as number one among "traditional" airlines for the seventh year straight. It was tops in every category including reservations, check-in, boarding and flight crew. Delta took second, followed by American airlines. JetBlue was listed as number one for low-cost carriers for the ninth consecutive year.
Columbia Bank's Business Insight: How to choose a financial partner in a recovering economy.
While the loan process can be intimidating, business owners should use a standard when determining the right bank to partner with. Perhaps most important, consider how and where the decisions are made for business loans. Is there a local influence? Are the decisions made elsewhere in the country? Decision makers are responsible for offering deals that are flexible and sustainable for your business, and that should require considerable expertise on a local level. Member FDIC. Equal Housing Lender.
Expect crowded airports this summer. The forecast from the trade group "Airlines for America" expects about 210 million passengers will hit the skies between June first and August thirty first. That's about 2.28 million per day, up one and a half percent from last summer, and the highest level in six years.
Washington State University's plans to build a new medical school is sparking a turf war in our state. Right now the University of Washington has the state's only public medical school. The Puget Sound Business Journal reports leaders at UW say money would be better spent to expand the current medical school. They point to surveys that rank Washington as the nation's top primary care school in America. But WSU's president says a school in eastern Washington would cater to a different population base and help ease a looming doctor shortage.
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