Jun 12, 2020

Siemens Healthineers

Siemens Healthineers relocated its ultrasound business headquarters to Issaquah, where it recently renovated its 139,000-square-foot building to create manufacturing space for its Acuson Sequoia ultrasound system and other products. The company's old headquarters in Mountain View, California, was changed to a satellite office. Over 300 staff work in the Issaquah location, which is supplementing existing overseas manufacturing.

Fortive

Everett-based Fortive formed a joint innovation studio with Pioneer Square Labs to create new industrial technology companies. New companies resulting from this work will either continue as standalone venture-backed businesses or become part of the Fortive family. The studio is headquartered in PSL's offices in downtown Seattle. It is staffed with full-time employees from each company who are responsible for developing new ideas, validating concepts with potential customers, and executing and scaling the most promising ventures. Fortive is a diversified industrial technology growth company. PSL finances, creates and launches technology startups.

Cyemptive Technologies

Snohomish-based Cyemptive Technologies acquired IT services and support company Interpreting Technology of Burlington. Cyemptive plans to expand its offerings and overall footprint by using Interpreting's expertise in customer service, computer forensics and cyber compliance. Interpreting has over 250 customers. Financial terms of the deal were not disclosed. Cyemptive provides preemptive cybersecurity products and technology.

World Affairs Council

The World Affairs Council is seeking a new member for its Fellows Program, a cohort focused on international affairs that includes greater Seattle area business and community leaders. Fellows convene monthly with international experts who offer insight into current global issues. Selection is based on leadership in the community, background and interest in international affairs, and ability to discuss international issues. The deadline to apply is July 15. More information is at http://www.world-affairs.org/program/fellows.

Jun 11, 2020

Dermody adds to team

Keever

Dermody Properties announced that it has hired Karsen Keever as senior VP of development. He makes the move from Jon Graves Architects and Planners. Logistics specialist Dermody is based in Reno and has a Seattle office. Among its current projects is the planned 452,000-square-feet Mountain View complex on 67 vacant acres now owned by Cadman Materials in Everett, north of Paine Field.

Columbia Pacific Advisors makes $22M loan

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Local firm Columbia Pacific Advisors has stepped in with a $22 million bridge loan for a 42-unit San Francisco project now under construction by related companies Greenseed Folsom and Transworld Construction. The building, designed by David Baker Architects, is expected to open in September. Columbia Pacific's Will Nelson said in statement, “Despite the impacts of COVID-19, we believe in 1178 Folsom Street and the more affordable nature of its product, which provides quality apartments and amenities to residents in the popular SoMa neighbourhood.”

Amazon Air

In Seattle, Amazon Air is leasing 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group. One of the new aircraft joined Amazon's air cargo operations in May, with the remaining 11 to be delivered in 2021. The new 767s boost Amazon's fleet to over 80 aircraft. Amazon also is expanding its ground operations and is planning to open regional air hubs later this summer at Lakeland Linder International Airport in Florida and next year at San Bernardino International Airport, along with a central air hub at Cincinnati/Northern Kentucky International Airport in 2021. In May, Amazon began operations at Austin-Bergstrom International Airport in Texas and at Luis Munoz Marin International Airport in San Juan, Puerto Rico.

State of Washington

Washington Insurance Commissioner Mike Kreidler extended his emergency order to Washington state health insurers for an additional 30 days, requiring them to waive copays and deductibles for consumers requiring COVID-19 testing. Kreidler also ordered a one-time early refill option for prescription drugs. The extension applies to all state-regulated health insurance plans and limited-duration medical plans until July 3.

Tukwila Food Pantry

Tukwila Food Pantry last month started a temporary home delivery service using Uber Eats. The program targets seniors and others vulnerable to COVID-19 in Tukwila, SeaTac, Burien and Boulevard Park. It is expected to run through the end of the month and is a partnership between King County Emergency Management and Uber Eats.