Call it a case of job importation.
In what only can be seen as a positive sign in a still struggling economy, Spokane Valley manufacturer Pyrotek Inc. will fire up a new production line here in August. And the twist is the company will do it by bringing back 20 jobs that had been done at a Mexican factory.
Even Washington state’s governor is calling it an ace move by the company, which could have relocated the jobs to other areas including Idaho, Pennsylvania and Tennessee.
“Pyrotek’s announcement is great news for the Inland Northwest and indicative of our hard work to ensure Washington state promotes business growth and success,” Gov. Christine Gregoire said in an official statement released last week, and went so far to say it’s “a step closer to a full economic recovery.”
Pyrotek constructs high-temperature-forged metal and composite products for customers all over the world. The state offered $75,000 in assistance to hire and train local workers, and another $75,000 from the state will be used to relocate production equipment from the company’s existing plant in Apodaca, Mexico.
The financial assistance was leveraged with the assistance of Greater Spokane Inc., which typically receives between $50,000 and $60,000 each year from the city of Spokane Valley, who did the legwork to get the financial assistance Pyrotek required.
“GSI was able to present us with a strong package for relocation assistance that helped us make the decision to bring the equipment and manufacturing to Spokane Valley,” said Michael Sekedat, Pyrotek’s finance manager.
Those who get the jobs can expect to make around $18 to $25 per hour. The state, too, stands to benefit from the investment. It’s estimated that annual tax revenue will be in the neighborhood of $450,000 per year.
Pyrotek is located at 9503 E. Montgomery, however the new production plant will be at another location.
Pyrotek was founded in 1956 in Spokane Valley and has more than 60 facilities in 31 countries.