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Vancouver, WA (2011)

Farwest Steel

Steel manufacturer expands capacity and creates critical manufacturing jobs.

Investment

  • NMTC Amount: $47,520,000
  • Total Project Cost: $49,620,000

IMPACT

  • 217 FTE jobs
  • 150 construction jobs
  • 353,000 sq. ft. of real estate

Investor

Project Description

Farwest Steel Corporation is a leading processor, fabricator and distributor of carbon steel products in the Western United States. As a critical step in its continued growth, the company was looking to increase its steel fabrication services and consolidate some of its other operational locations into a new, centralized facility. Development of a new, 353,000 sq. ft. plant allowed Farwest to add a cut-to-length steel coil processing line to provide flat steel stock for distribution and custom fabrication. Because the project served as a lynchpin for the City of Vancouver’s economic development efforts, the Port of Vancouver undertook $400,000 of infrastructure improvements to the site, and the City itself provided tax incentives that effectively lowered construction costs by 8%.

MAP

Address: 3730 Northwest Gateway Avenue, Vancouver, WA 98660

Census Tract: 53011041005

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