Idaho’s diverse economy holds opportunities for a wide variety of businesses. Our unique assets have helped our traditional industries prosper and attracted new industries looking to take advantage of Idaho’s outstanding business climate.
ManufacturingGreat Location + Low Business Costs = An Ideal Site for increased profitability. Idaho’s strategic location in the Western United States makes it an excellent place to maximize product distribution. Idaho businesses have always been able to depend on low energy costs to control operating expenses and to improve their bottom line, plus you can tap into our highly skilled workforce which is a boon to any manufacturing company. Our extremely high patent ratio is more than 3.5 times that national average. So, not only is Idaho a great place to live and recreate, but it attracts great minds seeking to contribute their ideas in a peaceful, calm, low labor cost environment. |
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Renewable EnergyIdaho is serious about renewable energy. The Gem State is a perfect testing ground for emerging technologies, and already renewable energy manufacturing companies are moving in to tap Idaho’s outstanding business climate. This is not surprising, considering the state boasts a variety of elements that make it a viable laboratory and manufacturing center for the next step in power generation. Two of those elements include the Idaho National Laboratory and Idaho’s consistent rank as #1 in the nation for patents per capita and manufacturing investment. Combined with Idaho having the third lowest energy costs and being firth best in long-term employment growth, it’s no wonder that Idaho’s renewable energy manufacturing base is on the rise. |
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Technology/InnovationIdaho is recognized for its vibrant technology-based economy that provides employment opportunities and high wage jobs for its citizens. Increased emphasis on the application and use of science and technology in Idaho will continue to spawn new companies and industries, while contributing to the global competitiveness of its traditional industries. Idaho has a strong history and culture of entrepreneurialism. Adventure seekers and entrepreneurs alike are drawn to our low business costs and high quality of life. Idaho is home to the world’s largest and only U.S.- based memory chip firm, Micron Technology, Inc., and is the center of Hewlett-Packard Company’s highly profitable Imaging and Printing Group, birthplace of HP’s laser-jet printer, and one of the firm’s largest worldwide facilities. |
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Recreational TechnologyWith our stunning natural beauty and abundant recreational opportunities, Idaho is a clear choice for any business in the Recreational Technology industry. Whichever part of this magnificent state you choose to explore, you’ll find a welcoming business climate that will give you everything you need for a healthy bottom line. What better location for your business than a state where you can field test your products right out your backdoor, quickly and easily distribute them to customers, and produce them at a fraction of the cost compared to other states? From apparel to aircraft to firearms to camping equipment, Idaho is the right home for your RecTech business. |
