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• WORKFORCE DEVELOPMENT AND LIVING-WAGE
<br /> JOBS
<br /> _ "Industry
<br /> •• Avg Laborincome Added ue
<br /> By embedding workforce development within its
<br /> Waqelyr operations, Old Heat ensures that diversification
<br /> Ag Mfg $1,114 $7.8M 1-Direct 11$107,633 $1,158,449$1,990,900 $7,798,000 translates into tangible wage gains and career
<br /> opportunities for residents.
<br /> 2-Indirect 2.8 $185,975 $380,780 $707,353
<br /> STRENGTHENING LOCAL ASSETS AND REAL
<br /> 3-Induced 2.6 $117,778 $339,073 $500,671 ESTATE
<br /> 16 $1,462,201$2,710,753 $9,006,023
<br /> Diversification also depends on how new firms interact
<br /> Table 6:Agricultural IndustryAnalysis with the local built environment. Old Heat demonstrates
<br /> adaptive reuse through its own renovation and becomes
<br /> a magnet for activity that revitalizes surrounding
<br /> commercial districts.As businesses transition from the
<br /> Old Heat facility,they will occupy larger commercial and
<br /> industrial spaces within Ellensburg and Kittitas County.
<br /> • _ This leads to repurposing underutilized buildings, such
<br /> • as what is involved with the community's Bowers Field
<br /> • •'" •_ ,vg projects and contributing to rising property values and tax Nurn Labor
<br /> • _ ._ _ impact i of Jobs _•_/yr Income Value Added Outputrevenues.This physical expansion is a critical indicator of
<br /> Aerospace diversification, showing that economic growth is spreading
<br /> Mfg $2,428 $17.0M 1 -Direct 26$157,456 $4,248,173 $8,839,870 $16,996,000 beyond a single site and embedding itself across the
<br /> community.
<br /> 2-Indirect 1.6 $111,074 $250,960 $517,270
<br /> 3-Induced 8.1 $369,723 $1,064,581 $1,571,654 TOURISM, EVENTS,AND LODGING
<br /> Totals 36 $4,728,970 $10,155,409 $19,088,924 Old Heat will generate steady streams of visitors through
<br /> accelerator cohorts, innovation conferences, and training
<br /> Table 7:Aerospace IndustryAnalysis events.These activities diversify the local economy into
<br /> Both Tables'Wages Based On 2023 National Wage Rates, Us Bureau Of Labor Statistics higher-value revenue streams that further strengthen
<br /> tourism and lodging beyond the seasonal cycle.
<br /> Importantly, they connect Ellensburg to broader regional
<br /> innovation networks, reinforcing its emerging identity as
<br /> a hub for the Central Washington region.This generates
<br /> a lift for the existing but underutilized service sector
<br /> 56 1 Old Heat CERB Feasibility Study
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