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Bible software company savior for dying downtown
Posted By -NO AUTHOR- On 11/06/2012 @ 9:39 pm In Faith,Money | No Comments
(Bellingham Herald) At different crossroads during the past three decades, city officials have had to grapple with a dying downtown district. It’s quite unlikely that they could have predicted a Bible software company would be one of its saviors.
Logos Bible Software arrived in downtown Bellingham 10 years ago from Oak Harbor with about 30 employees, occupying a modest space on Commercial Street. Today, the company employs more than 320 people in three buildings, including much of the historic Flatiron Building at Prospect and Bay streets. In 2011, the company did more than $35 million in sales.
It’s the ultimate economic driver for a community – revenue pours in from around the world through the sale of its products, and employees spend their salaries locally through the purchase of houses, cars and other necessities.
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