Delta Camshaft Leaves Washington After 48 Years as Insurance Jumps 20%

2 articles · Updated · Fox News · May 12

Delta Camshaft said it will relocate out of Washington after nearly five decades, with owner Jon Bodwell saying the move could cost more than $100,000 but the company will keep operating.
Bodwell blamed rising crime, taxes and operating costs, saying he has lived inside the business, building insurance rose 20%, and power costs are climbing sharply.
Seattle ranked fourth-worst for total crime among the 30 largest U.S. cities in the FBI's 2024 report, a backdrop Bodwell cited alongside graffiti and weak enforcement.
Washington's business climate has added to exit pressure: a recent survey found 44% of business leaders are considering moving their residence, and firms are more than twice as likely to expand outside the state.
The relocation also follows Washington Democrats' March passage of the state's first income tax on high earners, a policy critics say is accelerating business departures.

With businesses fleeing decades-long homes, what is the true cost of Washington's shifting policies on crime and taxes?

As new taxes aim to create equity, are they unintentionally dismantling Washington's economic foundation?