Thursday, October 25, 2012

Industry

The 1990s were Washington's busiest years in terms of technology company start-ups. Software and computer-related businesses accounted for most of the activity but more traditional manufacturing companies were also emerging. Even today, computers, software, and related activities make up the largest single portion of Washington companies. Manufacturing of all types is another strong element.

 

Washington technology companies cross borders and many are world leaders. Boeing's airplane sales make that company one of the nation's leading exporters. Microsoft has offices around the world and its products are in use on every continent. However, even small firms benefit from foreign trade and over half of Washington's technology companies are in overseas markets. Aerospace/transportation equipment is the largest industry in Washington State, run primarily by Boeing.
 

 

The state's biotechnology firms are growing at a phenomenal rate, but many are still in the research and development stage. More than two-thirds are developing products for human health care. Most of the firms not focused on medical treatment are developing products and processes for the state's natural resource sectors: agriculture, food processing, forestry, veterinary medicine, marine industries, and environmental waste clean-up and management.

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