Partners with REDI
Coldwell Banker Commercial Advisors (CBC Advisors) has long seen the extreme potential for economic growth in Eastern Idaho. That is why the firm recently announced it will increase efforts to further promote economic development within the region.
“An increasing number of major corporations find Eastern Idaho the perfect place to relocate, build and expand,” said Lew Cramer, CEO and President of CBC Advisors. “The region provides access to a well-balanced workforce and maintains one of the lowest costs of doing business in the nation.”
With a vibrant business environment and an industrious and well-balanced workforce, Eastern Idaho has become appealing for various industry sectors looking to grow their business. The Eastern Idaho region represents the second largest workforce in Idaho with approximately 235,000 employees and a cost of living below the national average. The overall tax burden per capita remains the second lowest in the western states. Two regional universities, Brigham Young University-Idaho and Idaho State University, allow easy access to a highly-skilled and highly educated workforce.
Eastern Idaho offers a solid infrastructure for companies looking to do business. Innovative power sources produce some of the lowest energy rates in the nation. Rail freight services provide access to large freight services such as Union Pacific and Eastern Idaho Railroad. The Idaho Falls Regional Airport accommodates business and charter jets, overnight freight services, and medical flights.
“Eastern Idaho has developed an infrastructure that offers a destination place for business,” said Don Zebe, Vice President-Eastern Idaho of CBC Advisors. “We fully commit to increasing our participation in the promotion of economic development initiatives throughout the region and look forward to further supporting Regional Economic Development Eastern Idaho (REDI) in their efforts to market Eastern Idaho.”
Established in April 2015, REDI is a public/private partnership. The organization works to diversify and strengthen the economies of fourteen counties across Eastern Idaho by retaining and attracting business to the region. Jan Rogers, CEO of REDI, leads marketing efforts of the many attributes Eastern Idaho presents businesses looking to move and expand.
“Community partners play a crucial role in promoting economic development,” said Rogers. “REDI looks forward to a partnership with CBC Advisors.”