Learn more about relocating or expanding to UtahUtah business climate, manufacturer incentives, and advantages of UT communities |
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Utah Business Data*  Population: 2,784,572 Total Labor Force: 1,381,000 Unemployment Rate: 4.7% Number of Manufacturers: 3,548 Manufacturing Jobs: 151,093
Right to Work: Yes
Unemp. Ins. Tax: 0.4–10.4%
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Corporate Income Tax:
5% Sales Tax:
5.9%- 8.05%. Exemptions include: Eligible manufacturing equipment and replacement equipment. Property Tax:
State average equals 1.1%. Local governments may assess additional taxes. Commercial and business personal properties are assessed at 100% of Fair Market Value. Goods used by manufacturers and wholesalers for processing and sale in Utah are exempt from ad valorem tax. Leading Manufacturing Industries:
(by % of total manufacturing employment) 12% Food and kindred products 10% Chemicals and allied products 9% Industrial machinery and equipment 9% Fabricated metal products 9% Instruments and related products Largest Manufacturing Establishments:
(by number of employees) L-3 Communication Systems-West (Salt Lake City) - 4,300
ATK Alliant Techsystems, Inc., Promotory Plt. (Corinne) - 2,500 ICON Health & Fitness, Inc. (Logan) - 2,500 Merit Medical Systems, Inc. (South Jordan) - 2,000 Nestle' USA, Inc. (Springville) - 1,700 |
Counties with the Most Manufacturing Jobs:
Salt Lake - 85,176 Utah - 28,487 Weber - 16,563 Cache - 13,763 Davis - 12,401 Cities with the Most Manufacturing Jobs:
Salt Lake City - 61,405 Ogden - 16,265 Logan - 10,179 Provo - 6,474 Clearfield - 5,935 Manufacturing Related Business Incentives:
• Economic Development Tax Increment Financing (EDTIF) Credit (For companies expanding or relocating to Utah)
• Enterprise Zones • Industrial Assistance Funds • Capital Gains Tax Credit • Investment Tax Credit • New State Revenues Tax Credit • Renewable Energy Development Incentive • Rural Fast Track (RFT) Grant • Industrial Revenue Bonds (IRBs) and Industrial Development Bonds (IDBs) • Qualified Energy Conservation Bonds • REDI (Renewable Energy Development Incentive) • Research Tax Credit • Custom Fit Training Program • Revolving Loan Funds (RLFs) • Tax Increment Financing • Foreign Trade Zones • Employee recruiting, screening and training through the Utah Dept of Workforce Services (DWS) • Private Activity Bonds (PABs) • Utah Microenterprise Loan Fund (UMLF) |
Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:
Governor's Office of Economic Development
The Office's mandate is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state.
324 South State Street, Suite 500, Salt Lake City, UT 84111 (Map & Aerial View)
(801) 538-8700
www.goed.utah.gov
Box Elder County Community Development
It believes all economic development that occurs in the County must be supportive of and consistent with family values, and emphasizes improving the overall quality of peoples' lives regardless of their age, race, religion, geographic location within the County, or duration of residency.
1 South Main Street, Brigham City, UT 84302 (Map & Aerial View)
(877) 390-2326
www.boxeldercounty.org
Economic Development Corporation of Utah
Started in 1987 as a private, nonprofit organization, EDCUtah is a public/private partnership, working with state and local government and private industry to attract and grow competitive, high-value companies and spur the development and expansion of local Utah businesses.
201 S. Main St., Suite 2150, Salt Lake City, UT 84111 (Map & Aerial View)
(801) 328-8824
www.edcutah.org
San Juan County Economic Development
Developing infrastructure enhancements & resources in a business friendly environment with Enterprise Zone incentives & B.E.A.R; our Business Expansion & Retention program. Assistance with Custom Fit Training & Education, marketing, relocation & expansion needs
P.O. Box 490, Monticello, UT 84535 (Map & Aerial View)
(435) 587-3235 or (800) 574-4386
(435) 587-2425 Fax
www.utahscanyoncountry.com
Weber City Economic Development
The Corporation seeks to facilitate new private sector investment and employment in the industrial economy of the county and region, with subsequent increases in taxable value and payroll. It is engaged primarily in new business recruitment, existing business retention and expansion, and marketing activities that support these initiatives.
2484 Washington Blvd, Ogden, UT 84401 (Map & Aerial View)
(801) 621-8300
www.weberedc.com
Utah Industrial News:
Industrial Directory Reports Utah Manufacturing Jobs Up 1.7% (10/30/2012)
Industrial Directory Reports Utah Manufacturing Jobs Up 1.6% (10/10/2011)
Utah Manufacturing Jobs Declined 1% According To Industrial Directory (9/24/2010)
Utah Manufacturing Jobs Declined 4% According To Industrial Directory (10/5/2009)
Industrial Guide Reports Utah Manufacturing Jobs Stable; Salt Lake City Jobs Up 1.6% (9/26/2008)
Industrial Directory Reports Salt Lake City 15th In Nation For Manufacturing (10/3/2007)
Manufacturers' Directory Reports Utah Industrial Jobs Up 3.7% (9/27/2006)
Industrial Directory Reports Utah Manufacturing Jobs Up 1.7% (10/30/2012)
Industrial Directory Reports Utah Manufacturing Jobs Up 1.6% (10/10/2011)
Utah Manufacturing Jobs Declined 1% According To Industrial Directory (9/24/2010)
Utah Manufacturing Jobs Declined 4% According To Industrial Directory (10/5/2009)
Industrial Guide Reports Utah Manufacturing Jobs Stable; Salt Lake City Jobs Up 1.6% (9/26/2008)
Industrial Directory Reports Salt Lake City 15th In Nation For Manufacturing (10/3/2007)
Manufacturers' Directory Reports Utah Industrial Jobs Up 3.7% (9/27/2006)
Looking to reach Utah manufacturers? Access the Utah Manufacturers Database compiled by MNI.
*Manufacturing stats updated on 6/10/2013. All other stats updated on 5/17/2013. Listings updated on 6/18/2013.
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