Tuesday, July 23, 2013
About the Inland Northwest Economic Alliance (INEA)
About
the
Inland
Northwest
Economic
Alliance
(INEA)
The
Inland
Northwest
Economic
Alliance
(INEA)
is
an
alliance
of
11
regional
economic
development
agencies
representing
15
counties
in
Northern
Idaho
and
Eastern
Washington.
The
collaborative
effort
is
aimed
at
building
economic
growth
through
enhancing
the
brand
recognition
of
the
Inland
Northwest
and
its
communities
and
showcasing
its
business
value.
To
learn
more,
visitwww.inlandnorthwestregion.com
Friday, July 19, 2013
Lewiston, Idaho/Clarkston, Wash. – The Snake River Boat Builders
Lewiston,
Idaho/Clarkston,
Wash.
–
The
Snake
River
Boat
Builders
continued
their
export
outreach
efforts
with
recent
trade
missions
to
Sweden
and
Norway.
The
Snake
River
Boat
Builders
Export
Program
aims
to
develop
viable
foreign
markets
for
the
welded-‐aluminum
jet
boat
manufacturers
and
suppliers
located
in
the
greater
Lewiston,
Idaho/Clarkston,
Washington
region.
The
Snake
River
Boat
Builders
Export
Program
is
a
great
example
of
successful
collaboration
between
members
of
a
dynamic
manufacturing
cluster
and
the
economic
development
community
of
the
Lewiston/Clarkston
region.
More
details
are
available
at
www.snakeriverboats.com.
Monday, July 15, 2013
Spokane, Wash. – The Washington Health Benefit Exchange
Spokane,
Wash.
–
The
Washington
Health
Benefit
Exchange
will
open
a
call
center
in
September
2013
for
Washington
Healthplanfinder,
the
state’s
new
online
health
insurance
marketplace
launching
this
fall.
The
call
center
will
create
60
jobs
and
will
be
operated
by
Faneuil,
Inc.,
a
recognized
leader
in
multi-‐
channel
customer
care
services.
More
information
can
be
found
at
http://wahbexchange.org.
AstaReal Technologies and Fuji Chemical Industry announce a new manufacturing facility in Moses Lake, WA
PRESS RELEASE
Embargo: July 15th, 2013
AstaReal Technologies and Fuji Chemical Industry announce a new manufacturing facility in Moses Lake, WA
(Moses Lake, July 15th, 2013) Fuji Chemical Industry, AstaReal Technologies Inc., Grant County, and the City of Moses Lake jointly announced today that AstaReal Technologies Inc. will build a microalgae based biotechnological manufacturing plant for the production of natural astaxanthin in Moses Lake, Washington.
During the initial construction phase, $30 million will be invested and 45 permanent local jobs will be created. Fuji established its manufacturing subsidiary, AstaReal Technologies, Inc., in order to expand its astaxanthin business in the United States.
In line with its philosophy to contribute to the health of people all over the world, Fuji decided to build the astaxanthin factory in the City of Moses Lake in Grant County primarily because of the abundant water resource and competitive costs of renewable hydropower energy. A skilled labor force, an open culture welcoming to Japanese companies, and supportive local and state governments were also contributing factors for the decision to locate in Moses Lake.
“Astaxanthin is an effective anti-inflammatory agent for living organisms. We want to make people healthier and happier by delivering astaxanthin raw materials for health foods to people across the world.” said Mitsunori Nishida, President and CEO of Fuji Chemical Industry. “We see the 21st century as the era of anti-aging. We believe that preventive medicine will play an even greater role in future of healthcare as advances in anti-aging and lifestyle disease research drive improvements both in the treatment and prevention of disease and illness. To that end, we have succeeded in realizing the world's first industrial production of natural astaxanthin which is both safe and high in antioxidant potency. We have devoted more efforts than any other research organization in advancing astaxanthin research.”
Grant County, the City and Port of Moses Lake, the Grant County Economic Development Council, and the Washington State Department of Commerce worked cooperatively with Fuji over the past year to help this visionary manufacturing facility become a reality.
“We are pleased that Fuji and AstaReal have decided to make Moses Lake and Grant County the home of this one-of-a-kind manufacturing process,” said Moses Lake Mayor Bill Ecret.
AstaReal Technologies will produce natural astaxanthin using state of the art photo-bioreactors to cultivate microalgae. AstaReal has been developing its technology for astaxanthin since the 1990s. This technology is the key to manage the environment of microalgae in order to realize a stable production of high quality natural astaxanthin. The natural astaxanthin produced in Moses Lake will be marketed in the United States and worldwide through Fuji’s various subsidiaries.
The manufacturing plant is anticipated to be completed and start operation in the third quarter of 2014. AstaReal Technologies plans to hire 45 skilled people as manufacturing operators, quality control, facilities maintenance and administration. Most employees will be hired locally in mid-2014.
President Nishida said “We are honored to be a community member of Grant County and the City of Moses Lake. We believe that this community will experience significant grow and want to contribute to this future development. This 30 million dollar investment shows our strong commitment to the future of this community.”
About Fuji Chemical Industry and AstaReal
Fuji Chemical Industry, established in 1946, is a Japanese pharmaceutical company whose businesses are the production and sales of pharmaceutical products, contract manufacturing of pharmaceutical and bulk pharmaceutical products, and the production and sales of food additives. Currently Fuji Chemical and its subsidiary companies sell their products in more than 20 countries. AstaReal is the global brand name of Fuji’s astaxanthin business.
Important note: This press release contains statements on future developments that are based on currently available information and that involve risks and uncertainties that could lead to actual results deviating from these forward-looking statements. The statements on future developments are not to be understood as guarantees. The future developments and events are dependent on a number of factors; they include various risks and unanticipated circumstances and are based on assumptions that may not be correct. These risks and uncertainties include, for example, unforeseeable changes in political, economic and business conditions, particularly in the area of the competitive situation, interest rate and currency developments, technological developments and other risks and unanticipated circumstances. It is not intended to update these forward-looking statements.
AstaReal Technologies, Inc. | 210 E. Third Avenue, Suite C, Moses Lake, Moses Lake, WA 98837 USA T: +1-509-855-4370 | F: +1-509-765-9073
Wednesday, July 10, 2013
Clearwater County, Idaho – The National Guard Youth ChalleNGe Program
Clearwater
County,
Idaho
–
The
National
Guard
Youth
ChalleNGe
Program
is
coming
to
North
Idaho
thanks
to
a
combined
effort
between
private
businesses,
grant-‐making
organizations
and
the
Idaho
Legislature.
The
program
will
be
located
at
the
former
Pierce
Elementary
School
campus
and
will
initially
add
24
full-‐time
positions
with
the
potential
of
adding
up
to
23
more.
The
program
includes
a
22-‐week
residential
phase
that
focuses
on
education
and
life
skills
training
for
Idaho
high
school
dropouts,
followed
by
a
yearlong
mentoring
phase.
The
first
class
is
expected
to
begin
in
January
2014.
For
more
information
about
the
National
Guard
Youth
ChalleNGe
Program,
visit
www.ngycp.org.
Tuesday, July 9, 2013
Spokane, Wash. – Hospice of Spokane
Spokane,
Wash.
–
Hospice
of
Spokane
recently
broke
ground
on
its
second
Hospice
House.
The
13,000-‐
square-‐foot
home
will
have
12
private
bedrooms,
space
for
visiting
family
members,
a
dining
room,
great
room
and
a
children’s
play
area.
Construction
is
scheduled
to
be
complete
in
spring
2014.
More
information
about
Hospice
of
Spokane
is
available
athttp://hospiceofspokane.org.
Wednesday, July 3, 2013
Lewiston, Idaho – Howell Machine
Lewiston,
Idaho
–
Howell
Machine,
a
full
service
machine
shop
for
the
ammunition
industry,
has
added
more
than
200
employees
since
2010,
with
a
total
workforce
of
more
than
250
and
growing.
This
growth
can
be
attributed,
in
part,
to
improved
infrastructure
to
the
south
side
of
the
Lewiston-‐Nez
Perce
County
Regional
Airport,
which
as
made
possible
by
grants
through
CEDA
and
Valley
Vision
from
the
EDA,
USDA
and
Idaho
Department
of
Commerce.
The
City
of
Lewiston,
Nez
Perce
County
and
Airport
Authority
provided
matching
funds.
For
more
information,
visit
www.howellmachine.com.
Monday, July 1, 2013
Pullman, Wash. – Construction of the Palouse Business Center has begun.
Pullman,
Wash.
–
Construction
of
the
Palouse
Business
Center
has
begun.
The
43-‐acre
business
park
is
designed
with
sustainability
and
green
initiatives
to
provide
unique
development
opportunities
for
businesses.
The
park
will
consist
of
21
large,
medium
and
small
commercial
lots
and
is
expected
to
be
complete
in
late
fall
2013.
For
more
information,
visit
http://palousebusinesscenter.com.
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