Press/News Category Archives: Business

Idaho Economic Advisory Council Announces February 26 Meeting

Idaho Economic Advisory Council Announces February 26 MEDIA ALERT Contact: Kayla Ruiz Idaho Commerce 208.334.2470 kayla.ruiz@commerce.idaho.gov Idaho Economic Advisory Council Announces February 26 Meeting BOISE, Idaho—Friday, February 20, 2015— The Idaho Economic Advisory Council (EAC) will meet and review an application recommended for award of an Idaho Tax Reimbursement Incentive (TRI) tax credit on Thursday,

Posted in Business

BLOG: HOUSE PANEL CLEARS ECONOMIC COUNCIL CHANGES OVER TAX CREDIT CONCERNS

BLOG: House Panel Clears Economic Council Changes Over Tax Credit Concerns The House Commerce and Human Resources Committee cleared a bill Tuesday to add one member to the Economic Advisory Council and pay them $50 each day they work. Department of Commerce Director Jeff Sayer said the board’s members have more work to do now

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Idaho Ag Exports Double Over Six Years

Idaho ag exports double over six years Idaho has doubled its agricultural exports since 2007, growing to nearly $2.6 billion in 2013 Idaho’s agricultural exports — led by wheat and followed by dairy — are soaring, growing to $2.59 billion in 2013, according to state export data released by USDA Economic Research Service on Jan.

Posted in Business, International

All-Idaho Gun Debuted at SHOT Show

All-Idaho Gun Debuted at SHOT Show The SHOT Show is the largest tradeshow of its kind in the world. The Shooting, Hunting, and Outdoor Trade Show has more than 1,600 product and service exhibitors using over 630,000 square feet of floor space, drawing more than 65,000 industry professionals from all 50 states and over 100

Posted in Business, Technology

A Place Where Dealmaking Isn’t Small Potatoes

A Place Where Dealmaking Isn’t Small Potatoes Idaho is known for producing potatoes, but agriculture, in general, has been a driving force behind dealmaking in the state, from the sale of a goat semen distributor to an auction for a processor of gourmet pickles. “It’s a state of farmers,” according to Cheryl Thompson, an M&A

Posted in Business

Commerce Directors Stresses Workforce Investment

Commerce director stresses workforce investment BOISE — Idaho Department of Commerce Director Jeff Sayer told a Senate committee Thursday the single biggest issue holding back Idaho’s economy is its workforce. Sayer summarized the effectiveness of the state’s Tax Reimbursement Incentive before the Commerce and Human Resources Committee as part of his presentation, saying nine projects

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Officials: Idaho Exports Look Good

Officials: Idaho exports look good BOISE- Idaho’s trade prospects look good for the coming year, Department of Commerce officials and international trade representatives told the House Commerce and Human Resources Committee on Tuesday. At around $6 billion a year, exports from Idaho’s growers and businesses contribute a significantamount to the state economy. So, healthy exports are good

Posted in Business, International

Governor Otter Awards Community Development Block Grant

Governor Otter Awards Community Development Block Grant NEWS RELEASE:  For Immediate Release Contact: Kayla Ruiz Idaho Commerce 208.334.2470 kayla.ruiz@commerce.idaho.gov   Governor Otter Awards Community Development Block Grant Federally funded grants benefit economic development projects in Idaho cities and counties  BOISE, ID— February 4, 2015—Governor C.L. “Butch” Otter announced today that the City of Burley will

Posted in Business, Communities

A NEW U.S. INDUSTRY LAUNCHES IN IDAHO

A NEW U.S. INDUSTRY LAUNCHES IN IDAHO A NEW U.S. INDUSTRY LAUNCHES IN IDAHO HAYDEN, Idaho – Jan. 30, 2015    Empire Airlines of Hayden, ID; Advanced Aviation Solutions (ADAVSO) of Star, ID; and Blair Farms of Kendrick, ID have teamed up to create Empire Unmanned, LLC, the first commercial Unmanned Aircraft Systems (UAS) business

Posted in Business, Technology