There is a moment in every city’s economic life when the signals stop being coincidental. When a 130-year-old Japanese conglomerate signs a lease for 300,000 square feet in a Pierce County industrial park — and a national flooring retailer deploys the Pacific Northwest’s first hydrogen-powered warehouse fleet at the same address — you stop calling it a trend and start calling it a destination.
That destination is Frederickson. And if you want to understand where Tacoma’s economy is heading, the industrial corridors southeast of the city tell the story better than any press release.
Kowa’s Big Bet on Pierce County
In August 2025, the Economic Development Board for Tacoma-Pierce County announced that Kowa Co. Ltd., a Nagoya-based global manufacturer founded in 1894, had signed a lease for more than 300,000 square feet at the FRED310 industrial park in Frederickson. Facility improvements were already underway at the time of the announcement. Production is expected to begin in 2026.
Kowa employs more than 8,000 people worldwide and operates across a remarkably diverse portfolio: pharmaceuticals, medical devices, vision technology, textiles, machinery, construction materials, and energy products. Its North American footprint spans offices in Boston, New York, Honolulu, Morrisville (NC), Montgomery (AL), and Torrance (CA) — but Frederickson represents the company’s first manufacturing operation of this kind in the Pacific Northwest.
The company isn’t yet ready to disclose exactly what it will manufacture here. But the scale of the commitment — 300,000-plus square feet, facility buildout, local hiring — signals a long-term operational anchor, not a satellite office or a distribution pass-through.
“This is a major win for Pierce County,” said Pierce County Executive Ryan Mello in the EDB’s announcement. “Kowa’s expansion demonstrates that our region is well-positioned for global investment. It reflects our shared commitment — across public and private sectors — to building a strong, resilient economy that offers opportunity and innovation.”
A Recruitment Three Years in the Making
EDB Vice President of Business Recruitment Sarah Bonds confirmed that the organization had worked with Kowa on its site-selection process since 2023 — a two-year courtship that involved Pierce County, Tacoma Public Utilities, Puget Sound Energy, Impact Washington, the World Trade Center Tacoma, and the Washington State Department of Commerce.
That level of regional coordination doesn’t happen by accident. It reflects a deliberate strategy by Pierce County’s economic development infrastructure to position the area as a credible alternative to Seattle for industrial and advanced manufacturing investment — one with land, utilities, workforce, and port access that Seattle simply can’t replicate at comparable cost.
“This project showcases what’s possible when regional partners are aligned and committed,” Bonds said. “Each partner brought critical expertise to the table, and together we created a compelling case for Kowa to invest in Pierce County.”
Washington Commerce Director Joe Nguyễn called Kowa’s decision a “significant milestone,” adding: “This expansion highlights Washington’s strengths as a manufacturing powerhouse and underscores the importance of our robust community partnerships.”
Why Japan Keeps Looking at Tacoma
Kowa’s arrival isn’t a one-off. It follows a pattern of Japanese investment that runs deep in Pierce County’s economic DNA.
Japan is the top export destination for oceangoing cargo containers out of the combined ports of Tacoma and Seattle, according to 2024 data from The Northwest Seaport Alliance. Japan also ranks third in inbound container volume. That trade relationship creates a natural gravity for Japanese manufacturers — proximity to the port means lower logistics costs and faster transit to home markets.
It also means the local business community already knows how to work with Japanese companies. The World Trade Center Tacoma maintains active relationships with Japanese trade and commerce organizations. Pierce County’s sister-city relationships with Japanese municipalities have produced business networks that proved useful in Kowa’s two-year recruitment. When a company is evaluating a major international expansion, those pre-existing relationships matter.
The EDB recognized Kowa’s arrival as one of the region’s 10 standout economic development projects of the year at its 2026 Annual Luncheon, held at the Greater Tacoma Convention Center — one of the so-called “Excellent 10 Awards” that highlight investments shaping Pierce County’s future.
FRED310: The Industrial Park That Keeps Delivering
Kowa isn’t arriving in a vacuum. The FRED310 industrial campus in Frederickson has become one of the most active addresses in Washington State’s industrial real estate market — and the roster of tenants explains why global companies keep showing up.
In 2025, Floor & Décor opened a 1.1-million-square-foot distribution center at FRED310 — one of the largest industrial facilities in the state. But the headline wasn’t just the square footage. In October 2025, Floor & Décor announced it had partnered with Plug Power to deploy a fully hydrogen-powered material handling fleet at the Frederickson facility — 77 pieces of equipment running on hydrogen fuel cells, with a 10,000-gallon liquid hydrogen storage system on-site.
The system eliminates more than 400 metric tons of CO₂ equivalent annually at the facility — the emissions equivalent of burning roughly 45,000 gallons of gasoline — while generating approximately 300 liters of water per day for recapture. It’s the first zero-emission material handling fleet deployment in the Pacific Northwest at this scale, and it positions Frederickson as a proving ground for industrial sustainability technology.
Floor & Décor’s Frederickson center was also recognized in the EDB’s 2026 Excellent 10 — specifically for being the company’s first distribution center to pivot to green hydrogen.
Add NewCold’s automated frozen storage facility in the greater Tacoma area — the Netherlands-based company’s largest U.S. automated warehouse — and the picture that emerges is of a regional industrial ecosystem actively competing for and winning marquee tenants at a scale that would have seemed improbable a decade ago.
What This Means for Tacoma’s Workforce
The practical question for Pierce County residents is simple: what does all this investment mean for jobs?
Kowa has confirmed it will hire for roles in operations, logistics, and administration, with hiring set to begin ahead of the 2026 production launch. Specific headcount hasn’t been disclosed, but a 300,000-square-foot manufacturing operation in this sector typically supports between 100 and 300 full-time positions depending on the product mix and automation level. The EDB confirmed the project will stimulate local supply chains and generate additional tax revenue for public services.
Floor & Décor’s Frederickson distribution center already employs more than 80 workers and is actively growing. The facility’s hydrogen infrastructure partnership with Plug Power is expected to support additional technical and maintenance roles as the system scales.
The broader manufacturing momentum in Frederickson also feeds the pipeline at Maritime|253, the new skills center under construction along the Thea Foss Waterway that will offer Pierce County high schoolers tracks in manufacturing, skilled trades, logistics, and maritime technology. It’s expected to open Fall 2026 — just as Kowa’s production line comes online.
That alignment is not accidental. It reflects a regional strategy built over years: recruit advanced manufacturers, build a trained workforce pipeline, and leverage the Port’s competitive position to keep logistics costs low enough to compete with Sun Belt alternatives.
The Honest Counter-Signal
Not every headline out of Tacoma belongs in the win column. In May 2026, Delta Camshaft — the largest custom camshaft regrinding company in the United States, which had operated in Tacoma for nearly five decades — announced it was relocating to Arizona. Owner Jon Bodwell cited crime, taxes, and regulatory friction in Washington state as the drivers of the decision.
Community forums and local conversations have noted the departure, with some longtime residents expressing concern that the business climate supporting small and mid-sized manufacturers is eroding even as large international deals get signed. (Community signal: this tension between big-deal wins and ground-level friction is a recurring theme in South Sound business conversations.)
Worth holding both realities at once. The macro story — port access, shovel-ready land, coordinated recruitment, workforce development — is genuinely compelling and producing real results at the global level. But the micro story — regulatory burden, public safety concerns, cost of doing business — is also real and driving decisions by businesses that don’t have the scale to absorb friction the way a multinational can.
EDB President and CEO Michael Catsi acknowledged this directly at the 2026 Annual Luncheon, noting that “uncertainty is hurting us” — particularly around tariff volatility — while arguing that economic uncertainty historically creates opportunity for regions prepared to move fast.
The Bottom Line
Frederickson is not a fluke. The combination of FRED310’s industrial infrastructure, the Port’s trade relationships with Japan and Asia-Pacific markets, competitive utility pricing, and a regional economic development apparatus willing to run a two-year recruitment campaign has produced a corridor punching above its weight.
Kowa Co. Ltd. — 130 years old, 8,000 employees, global reach — looked at the entire West Coast and signed a lease in Frederickson. That’s the signal. The rest is follow-through.
For Tacoma, the job now is to make sure what gets built in that 300,000-square-foot building is worth the investment — in infrastructure, in workforce training, and in the unglamorous work of keeping a business environment functional for companies at every scale, not just the ones that make the Excellent 10 list.
Frequently Asked Questions
What is Kowa Co. Ltd. and why did it choose Frederickson?
Kowa Co. Ltd. is a 130-year-old Japanese conglomerate headquartered in Nagoya, employing more than 8,000 people worldwide across pharmaceuticals, medical devices, textiles, machinery, and energy products. The company chose Frederickson’s FRED310 industrial park for its first Pacific Northwest manufacturing operation, citing the region’s skilled workforce, port access, favorable utilities partnerships with Tacoma Public Utilities and Puget Sound Energy, and a well-coordinated public-private recruitment effort led by the EDB for Tacoma-Pierce County.
How big is Kowa’s new Frederickson facility?
Kowa is leasing more than 300,000 square feet at the FRED310 industrial park in Frederickson. Facility improvements were already underway as of the August 2025 announcement, with production expected to begin in 2026. The company has not yet disclosed what it will manufacture at this location.
What jobs will Kowa create in Pierce County?
Kowa plans to fill roles in operations, logistics, administration, and more. Hiring was set to begin in late 2025, ahead of the 2026 production launch. The EDB confirmed the project will stimulate local supply chains, support infrastructure development, and generate additional tax revenue for public services.
What other major companies have recently expanded in Frederickson?
Floor & Décor opened a 1.1-million-square-foot distribution center at FRED310 in 2025, deploying a hydrogen-powered material handling fleet in partnership with Plug Power — eliminating more than 400 metric tons of CO₂e annually. NewCold operates its largest U.S. automated cold storage warehouse in the greater Tacoma area. Both were recognized in the EDB’s 2026 Excellent 10 Awards.
Why is Frederickson attracting so much manufacturing investment?
Frederickson offers shovel-ready industrial land, proximity to the Port of Tacoma, competitive utility rates, a skilled trades workforce, and a coordinated regional recruitment effort involving the EDB, Pierce County, and the Washington State Department of Commerce. The area has become one of the most active manufacturing corridors in the Pacific Northwest.
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