Investments. No, really. At least if you are Russell Investments , the global financial company headquartered in Tacoma for almost 75 years. Seattle had been

"/>

Best Recession-Proof Business

Russell Investments

Investments. No, really. At least if you are Russell Investments, the global financial company headquartered in Tacoma for almost 75 years. Seattle had been quietly wooing the 900-person firm to move north, so CEO Andrew Doman effectively launched a bid war betweenthe two cities: "Who loves us more?" Seattle has offered a break in city business taxes tailored specifically for Russell. But Tacoma officials, with the help of U.S. Rep. Norm Dicks, opened their (or rather, the public's) wallet to the tune of $148 million in proposed government subsidies and perks. If the firm remains in the City of Destiny, it will be able to build itself a new private headquarters with taxpayer help. Russell will announce its preferred suitor in October.—Rick Anderson

 
comments powered by Disqus