Cultural Capital

A Report on the Boise Metro Area

Boise’s corporate base blends long-standing anchors with a 2020s surge in AI infrastructure. The period from 2025–2030 is defined by double-digit billions in capital expenditure, positioning the metro as an integrated silicon-to-compute corridor, powered by significant grid and talent expansion.

Projected Market Growth (2025-2030)

AI & Semiconductors

+350%

Growth

Leading-edge memory fabs and the engineering firms that design them.

Micron
Exyte
Data Infrastructure

+400%

Growth

Hyperscale, colocation, and grid operators supporting AI compute.

Meta
Diode
ValorC3
IDACORP
Enterprise Tech

+45%

Growth

SaaS, 5G/WAN networking, and cloud marketplace platforms.

Cradlepoint
HP
Clearwater
Tackle.io
Equifax (Kount)
Logistics & Retail

+25%

Growth

Robotics fulfillment, national grocery chains, and convenience stores.

Amazon.com
Albertsons
WinCo
Jacksons
Food & Materials

+15%

Growth

Global agribusiness, frozen potato products, and engineered wood.

Simplot
Lamb Weston
Boise Cascade
Healthcare & Consumer

+30%

Growth

Regional health systems and direct-to-consumer brands.

St. Luke’s
Saint Alphonsus
Lovevery
PetIQ
Scentsy, Inc.

Total Projected Capex

$16.8B+

Incl. Diode Ventures

New Full-Time Jobs

7,500+

Micron, Meta, Exyte etc.

Projected Annual Wages

$675M+

From new direct jobs

Number of Companies

24

Across 6 Core Clusters

Key Corporate Milestones & 5-Year Outlook

Foundational anchors St. Al's, St. Luke's, and Simplot are established.

HP establishes its Boise printer division.

Micron is founded in Boise, Idaho.

Amazon opens Nampa FC; Ericsson acquires Cradlepoint.

Tackle.io reaches $1.25B unicorn valuation.

Meta selects Kuna; Micron announces $15B Boise fab.

Grid expansion & new projects solidify the AI corridor.

Meta's Kuna DC fully operational; Micron fab construction underway.

Micron fab begins initial production; 500-kV grid expansion (Phase 1) online.

Micron fab reaches full volume; 500-kV grid (Phase 2) complete.

Patronage Highlights

National Arts Leaders

Anuj Dhanda & Sharon McCollam (AlbertsonsAlbertsons)

Albertsons executives demonstrate top-tier national influence, with leadership spanning the Mattress Factory museum, the prestigious Carnegie Museum of Art, and the commercial platform Art.com.

Foundational Local Patrons

The Simplot Family & John D. Jackson

Two of Boise's most influential families have established dedicated endowments and funds, providing cornerstone support that sustains the region's premier performing arts institutions.

Performing Arts Champions

Micron, Albertsons, Scentsy & more

Leaders from Boise's top corporations hold key trustee and sponsorship roles at renowned venues like the Idaho Shakespeare Festival and California's South Coast Repertory.

Companies at a Glance

Saint Alphonsus

A major regional healthcare system and a member of Trinity Health (Not-for-profit).

Worth: ~$1.2 Billion (Est. Revenue)
Tenure: 131 years (Established 1894)
Employees: ~6,500
Location: West Boise/The Bench
St. Luke’s Health System

Idaho’s largest healthcare system and the state's largest private employer (Not-for-profit).

Worth: ~$3.5 Billion (Est. Revenue)
Tenure: 123 years (Founded 1902)
Employees: ~17,000
Location: Downtown Boise
Website
J.R. Simplot Company

A privately held, diversified international food and agribusiness company.

Worth: >$10 Billion (Est. Revenue)
Tenure: 96 years (Founded 1929)
Employees: ~15,000 (Global)
Location: Downtown Boise
Website
Albertsons Companies(NYSE: ACI)

One of the largest food and drug retailers in the United States.

Worth: ~$10.7 Billion (Market Cap)
Tenure: 86 years (Founded 1939)
Employees: ~285,000 (Global)
Location: Southeast Boise
Website
Republic Services(NYSE: RSG)

An environmental-services hub with hazardous-waste facilities, established through the acquisition of US Ecology.

Worth: ~$72 Billion (Market Cap)
Tenure: 73 years (Since 1952)
Employees: Undisclosed (Boise)
Location: Downtown Boise
Website
Boise Cascade(NYSE: BCC)

A manufacturer of wood products and a wholesale distributor of building materials.

Worth: ~$3.2 Billion (Market Cap)
Tenure: 68 years (Formed 1957)
Employees: ~7,560
Location: Downtown Boise
Website
WinCo Foods

A privately held, majority employee-owned supermarket chain known for its low-price retail model.

Worth: >$9 Billion (Est. Revenue)
Tenure: 58 years (Founded 1967)
Employees: >22,000
Location: West Boise
HP Inc.(NYSE: HPQ)

A long-standing LaserJet and enterprise engineering campus with continued R&D operations in Boise since the 1970s.

Worth: ~$28 Billion (Market Cap)
Tenure: 52 years (Established in 1973)
Employees: Undisclosed (Boise)
Location: Boise, ID
Website
Jacksons Food Stores

A privately held corporation with convenience stores and wholesale fuel distribution.

Worth: >$1 Billion (Est. Revenue)
Tenure: 50 years (Founded 1975)
Employees: ~7,000
Location: Meridian, ID
Website
Micron Technology(NASDAQ: MU)

A global leader in semiconductor memory and storage solutions, critical for AI infrastructure.

Worth: ~$147 Billion (Market Cap)
Tenure: 47 years (Founded 1978)
Employees: ~53,000 (Global)
Location: Southeast Boise
Website
IDACORP, Inc.(NYSE: IDA)

The holding company for Idaho Power, a regulated electric utility.

Worth: ~$6.76 Billion (Market Cap)
Tenure: 27 years (Formed 1998)
Employees: ~2,130
Location: Downtown Boise
Scentsy, Inc.

A direct-selling leader in home fragrance, offering scented wax, warmers, and other aromatic products.

Worth: >$1 Billion (Est. Annual Revenue)
Tenure: 21 years (Founded 2004)
Employees: ~1,200 (Corporate)
Location: Meridian, ID
Website
Clearwater Analytics(NYSE: CWAN)

A SaaS fintech company providing automated investment accounting, reporting, and analytics.

Worth: ~$6.2 Billion (Market Cap)
Tenure: 21 years (Founded 2004)
Employees: ~1,915
Location: Downtown Boise
Cradlepoint(Ericsson)

A leader in cloud-delivered LTE and 5G wireless network edge solutions.

Worth: $1.1 Billion (Acquisition)
Tenure: 19 years (Founded 2006)
Employees: ~1,100
Location: Downtown Boise
Equifax (Kount)(NYSE: EFX)

A fraud-prevention and identity-verification business founded in Boise as Kount, now part of Equifax’s AI risk solutions.

Worth: ~$31 billion (Market Cap)
Tenure: 18 years (Founded in 2007)
Employees: Undisclosed (Boise)
Location: Boise, ID
PetIQ(Private)

A vertically integrated pet-health company spanning products, manufacturing, and veterinary services.

Worth: ~$1.5 Billion (Go-private valuation)
Tenure: 15 years (Founded 2010)
Employees: ~1,933 (Global)
Location: Eagle, ID
Website
Lamb Weston(NYSE: LW)

A leading global producer and processor of frozen potato products.

Worth: ~$7.98 Billion (Market Cap)
Tenure: 9 years (Est. 2016)
Employees: ~10,100 (Global)
Location: Eagle, ID
Tackle.io

A software company providing a platform for B2B sales through cloud marketplaces.

Worth: >$1.25 Billion (Valuation)
Tenure: 9 years (Founded 2016)
Employees: ~300
Location: Downtown Boise
Lovevery

An early childhood education and stage-based toy subscription company.

Worth: >$1 Billion (Est. Valuation)
Tenure: 8 years (Founded 2017)
Employees: ~400
Location: Downtown Boise
Website
Amazon.com(NASDAQ: AMZN)

A regional robotics-enabled fulfillment center and delivery stations serving the Boise metro.

Worth: ~$2.48 trillion (Market Cap)
Tenure: 6 years (Opened in 2019)
Employees: ~2,000+
Location: Nampa / Boise / Meridian, ID
ValorC3 Data Centers

A Boise-based operator expanding AI-ready colocation capacity; a second 10 MW facility is planned.

Worth: Undisclosed (Project Capex)
Tenure: 5 years (Operating since 2020)
Employees: Undisclosed
Location: Boise, ID
Meta Platforms(NASDAQ: META)

A hyperscale data center campus supporting Meta’s AI workloads, built with renewable energy and advanced compute capacity.

Worth: ~$800 million (Project Capex)
Tenure: 3 years (Announced in 2022)
Employees: ~100 permanent; up to 1,200 construction
Location: Kuna, ID
Website
Diode Ventures

A proposed 620-acre multi-building data center campus near Kuna, approved in 2025 to support AI and cloud tenants.

Worth: >$1 billion (Projected Capex)
Tenure: 0 years (Approved in 2025)
Employees: Operator-dependent
Location: Kuna, ID
Exyte U.S., Inc.

A global engineering firm specializing in ultra-clean, high-tech facilities; the Boise engineering hub supports major projects.

Worth: ~$7.7 billion (Est. Revenue 2023)
Tenure: 0 years (Opened in 2025)
Employees: 280+ initially
Location: Boise, ID
Boise's Corporate Landscape: Growth & Cultural Investment

The Boise metro area is experiencing a significant tech boom, driven by a growing talent pool, favorable business climate, and a high quality of life. Key growth sectors include semiconductor manufacturing, SaaS, and cloud infrastructure. Agribusiness and food production remain foundational pillars of the economy, with companies increasingly leveraging technology for innovation. The region is also seeing a rise in venture capital investment, fueling a new generation of startups poised for rapid scaling, particularly in the B2B software and direct-to-consumer spaces.

Beyond market forces, the Boise metro benefits from a deeply ingrained culture of corporate arts patronage. Executives from the area's leading companies are personally and institutionally invested in local arts organizations, creating a uniquely supportive environment for cultural development. This symbiotic relationship between business and the arts strengthens the community's fabric and presents a compelling opportunity for further cultural investment.