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MEMBER NEWS

Richland City Council Adopts First Targeted Urban Area Tax Exemption in the State

7/21/2023

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A new program adopted by the Washington State Legislature in the Spring of 2022 has found success in Richland’s Horn Rapids Industrial Area when ATI Inc.’s application for Targeted Urban Area (TUA) tax exemption was approved by City Council last night. 

The TUA is a tax exemption program that encourages manufacturers to build or expand to urban areas in Washington State. To qualify, the project must have a valuation of $800,000 or more and create 25 or more jobs that pay above the state-designated living wage. 

Richland’s Targeted Urban Area, which includes all areas of the Horn Rapids Industrial Park and the surrounding Richland Airport, was identified and adopted by Council in January 2023.

The exemption includes the City’s portion of property tax on improvements for up to ten years. The company still pays the property tax on the land and existing improvements.

Karl Dye, President and CEO of the Tri-City Development Council (TRIDEC) is excited to have this state program and to see it succeed in Richland, “This not only helps the City, but it helps our entire region be competitive on a national scale with the recruitment of manufacturing jobs,” states Karl. 

ATI, a Dallas, Texas-based specialty materials company that supports the aerospace and defense industries already has a facility in the Horn Rapids Area at 3101 Kingsgate Way. Seeking to expand its manufacturing operations, ATI was considering other states for expansion. With the new incentive program and committed leadership, ATI is now planning to double its Richland Operations, investing in state-of-the-art assets to produce aerospace and defense-grade titanium. 

“Twenty-five years after the Richland facility was first commissioned, it’s exciting to expand our presence there,” said Board Chair and Chief Executive Officer Bob Wetherbee. “We appreciate the region’s strong support and are honored to be the City of Richland’s first recipient of the Manufacturing Property Tax Exemption.”  

The City of Richland is proud to collaborate with ATI on this valuable program and is eager to proceed with future opportunities.
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Copyright © Tri-City Regional Chamber of Commerce. All rights reserved.
7130 W Grandridge Blvd., Suite C, Kennewick, WA 99336 USA
Phone: (509) 736-0510
[email protected]
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​(closed for lunch 12 - 1 pm)
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  • MEMBERSHIP
    • Membership Directory
    • Member Login
    • Join the Chamber
    • Membership Features
    • Sponsorship Opportunities
    • Stakeholder, Leader, & Growth Level Members >
      • Stakeholder and Leader Profiles
  • EVENTS
    • Chamber Calendar
    • Annual Events >
      • Annual Meeting & Awards Luncheon
      • Women in Business Conference >
        • Call for Speakers - Tri-Cities Women in Business Conference
        • ATHENA Awards
      • Tri-Cities Diversity Summit
      • State of the Cities
      • Elected Leaders Reception
      • Tri-Cities Day at the Capitol
      • Bridging Partnerships Small Business Symposium
    • Monthly Membership Luncheon
    • Business After Hours
    • Ribbon Cutting Request
  • PROGRAMS & SERVICES
    • Ambassador Club
    • Ask the Experts
    • Business Builders Resource Roundtable
    • Business Resource Navigator
    • LEARN Groups
    • Member Advertising Opportunities
    • myTRI 2030
    • Office Depot Savings Program
    • Washington APEX Accelerator >
      • Meet the Buyer
      • Yes, You Can! Contracts with the Government
    • Workforce & Education >
      • Tri-Cities Regional Career Signing Day
      • Washington Workforce Portal
      • Job Board
  • Advocacy
    • Legislative Action and Advocacy
    • Business Advocacy Letters
    • 2025 State Budget
    • Vote for Business
    • 2024 Legislative Score Card
  • NEWS
    • Press Releases
    • In the News
    • Blog
    • Member News
    • Annual Report
    • Email Updates
    • Website Sponsors
  • ABOUT US
    • Contact
    • Our Leadership
    • Our Team
    • Committees
    • Policies
    • Tri-Cities Strategic Alliance Partners >
      • Benton-Franklin Council of Governments
      • TRIDEC
      • Visit Tri-Cities
    • Tri-Cities Community Map
    • Built for Prosperity - Strategic Plan 2024-2026