With Mount Baker and Jetty Island in the distance, a container ship approaches the Port of Everett. (Port of Everett photo)

With Mount Baker and Jetty Island in the distance, a container ship approaches the Port of Everett. (Port of Everett photo)

Senate Dems: $5 million to help businesses disrupted by coronavirus

Overseas port closures hurt WA companies that depend on international shipping.

By Cameron Sheppard, WNPA News Service

A last minute amendment to the Senate Democratic Caucus supplemental operating budget has earmarked $5 million to help businesses that have been negatively affected by international responses to the coronavirus outbreak overseas.

Businesses like Cosmo Specialty Fibers, a textile producer that does 97 percent of its business with companies in Asia, have been disrupted by port closures intended to stop the spread of the disease.

“This is a local business that has thrived despite disruptive tariff and trade wars, pays its employees strong wages, and has robust potential to expand, but it’s been thrown for a loop,” said Sen. Dean Takko, D-Longview, in a written statement. Takko sponsored the amendment.

Companies will be able request assistance funds from the state’s strategic reserve account to promote economic development, which is funded by one-third of all unclaimed lottery money, according to a release from the Senate Democrats

The operating budget had already provided $2 million for the account, much of which was already spoken for. Budget writers added $2 million in new funds on top of that, and the $3 million in Takko’s amendment means a total of $5 million in new funds.

The budget was approved by the Senate after a 33-16 vote on Feb. 27.




Talk to us

Please share your story tips by emailing editor@rentonreporter.com.

To share your opinion for publication, submit a letter through our website https://www.rentonreporter.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in Business

Griot (fried pork dish) photo courtesy of Juju’s Caribbean Kitchen
Jusmaine Maitre grinds to bring Haitian cuisine to Puget Sound

Juju’s Caribbean Kitchen does catering, pop-ups, pick-up and delivery.

The Moe Vegan food truck serves meals at the city of Kent’s annual Community Thanksgiving Dinner on Nov. 21, 2020. Sound Publishing file photo
King County fire marshals offer regulatory relief to food trucks

39 fire authorities have reportedly agreed to standardize fire codes and inspections.

Variety of dishes offered at Rice N Curry (photo credit: Rice N Curry)
Rice N Curry officially opens after pandemic causes more than a year’s delay

Restaurant owner says her recipes are authentic, healthy and “unmatched,” in flavor.

Co-owners of 8-bit Arcade, left: Scott Fjelstad, center: Terrance Vaccaro, right: Pete Olive (photo credit: Cameron Sheppard)
Save your quarters: Renton’s 8-bit Arcade to reopen in April

The arcade’s owners say they will reopen with safety protocols after a year of closure.

Food from the Salty Blue menu (photo credit: Salty Blue)
Renton’s Salty Blue brings Aussie-style fish and chips to Puget Sound’s culinary landscape

Restaurant owner said he is the region’s sole importer of traditional Australian fish.

Whole Foods grocery store entrance (Shutterstock)
King County considers grocery store worker hazard pay for those in unincorporated areas

The King County Metropolitan Council will vote during its next meeting on… Continue reading

Best of Renton 2021 winners will be announced this week.
Best of Renton 2021 set to reveal finalists and winners

Community members can register to watch a virtual unveiling of the winners.

Photo credit: Renton Downtown Partnership
‘Coffee Crawl,” to support Renton businesses sells out ahead of next weekends events

Event organizers and business owners say both pandemic and downtown construction has hurt business.

Screenshot
WA Democrats consider new tax on billionaires

Plan could raise $5 billion from fewer than 100 taxpayers. Detractors fear it could drive Washington’s wealthiest out of state.

Last summer, people took advantage of the outdoor dining along First Avenue between Gowe and Titus streets in downtown Kent. In Phase 2 of the governor’s reopening plan, which was announced Jan. 28, restaurants can reopen at a maximum 25% capacity and a limit of six people per table. Photo courtesy of Kent Downtown Partnership
Restaurant reprieve: State to relax some indoor restrictions

On Monday, area restaurants and certain entertainment venues may resume indoor service, the governor said.

Stock photo
State Senate passes $1.7 billion in unemployment insurance tax relief

Targets relief to the most affected businesses; helps low-wage workers by raising their benefits

2021 Chevrolet Blazer. Courtesy photo
Car review: 2021 Chevrolet Blazer

By Larry Lark, contributor When it comes to certain car models they… Continue reading