Delta Camshaft, a Washington-based manufacturer specializing in camshaft production and repair, is relocating its business after nearly five decades in the state, citing escalating crime, rising taxes, and an increasingly unfavorable political climate as primary reasons for the move [1]. Owner Jon Bodwell explained that the cost of operating in Washington has surged, with insurance premiums rising by 20% and power bills nearly doubling in the past month. He also noted that the claim is expected to increase another 13% [1]. Bodwell attributed these increases to rampant crime, referencing an FBI crime report for 2024 that ranked Seattle fourth-worst among the 30 largest American cities for total crime [1]. He stated that his insurance policy on the building has 'skyrocketed' due to these conditions, and expressed frustration with law enforcement's ability to address issues like graffiti, suggesting that criminals have more protective rights than property owners [1].
Delta Camshaft is not closing but plans to relocate and continue serving its customers for years to come [1]. The move is expected to cost Bodwell upwards of $100,000, but he believes he will recoup the expense after relocating [1]. He lamented not selling the building earlier when demand was higher, noting that now 'there's just a ton of buildings for sale in the market because everyone's leaving' [1].
The broader business climate in Washington appears challenging, as a recent survey by the Association of Washington Business found that 44% of business leaders are considering moving their personal residence out of state, and businesses are now more than twice as likely to expand outside Washington than within it [1]. In March, Washington state Democrats passed the 'millionaires tax,' the state's first-ever income tax, which was signed into law by Democratic Gov. Bob Ferguson on March 30. The tax was pushed by progressives and opposed by conservatives [1].
Bodwell expressed regret that, if he were younger, he would attempt to run for office to address these issues [1].
CONCLUSION
Delta Camshaft's decision to relocate highlights growing concerns among Washington business owners about rising costs, crime, and political changes. The move reflects a broader trend, with many businesses and leaders considering leaving the state. Market sentiment is negative, and the business climate in Washington faces increasing scrutiny.