Wednesday, February 9, 2011

Retaining strong companies important priority

Taking care of prospering companies is every bit as important as recruiting the next big thing, especially in these days of a “new normal” economy. Regions that can package affordable and available real estate, a talented workforce, and a reasonable regulatory environment in a supportive business climate have a leg up on their competition.

Schweitzer Engineering Laboratories (SEL) has found that in the Inland Northwest. The homegrown power protection industry leader is growing in its own backyard. Work is underway on a new 105,800-square-foot, mixed-use engineering office and manufacturing facility in Lewiston, Idaho. The site-cast concrete tilt-up building is being constructed on 25 acres in the Lewiston Business Technology Park, just across the state line from SEL’s corporate headquarters in Pullman, Wash. SEL is also planning a new 70,000-square-foot Solution Delivery Center in Pullman. The three-story building will include six customer-training rooms, conference rooms and engineering and research space.

SEL, which creates products that minimize blackouts and electrical damage, is part of a major federal Pacific Northwest Smart Grid Demonstration Project. The company benefits from its proximity to Washington State University and the University of Idaho, located eight miles apart in Pullman and Lewiston, respectively. Both have strong engineering schools, and WSU graduates have been ranked by the Wall Street Journal among the Top 25 most sought after by corporate recruiters.

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