News: October 2016

Pollina Corporate Ranks Utah #1 for Pro Business States

Pollina Corporate Real Estate has now voted Utah #1 of the Top 10 Pro Business States for four years in a row. Here are some highlights on Utah’s latest ranking from Pollina’s 81-page report:

Event Summary - San Francisco Peak Event

EDCUtah recently attended an event in San Francisco hosted by Peak Ventures . . . [and] learned that we are on the right trajectory in promoting expansion and opportunities here in Utah.

Industry Spotlight - Manufacturing & Distribution

Proctor and Gamble has recently made a shift in company strategy, closing several of its manufacturing locations. The shift is part of an ongoing drive to improve efficiency and lower costs.

Event Summary - International Baking Industry Exposition (IBIE)

EDCUtah was in for a real treat at this year’s International Baking Industry Exposition (IBIE) held at the Expo Hall in Las Vegas, Nevada. With over 23,000 baking professionals and 800 exhibitors, it is the largest event for the grain-based food industry.

Event Summary - CAMX Tradeshow

On September 28th EDCUtah participated in the largest CAMX Tradeshow event to date . . . Campaigning from a 20’ x 20’ booth, EDCUtah was able to see success for Utah once again.

CBRE Report identifies Salt Lake City and Provo as “new cities of finance”

The U.S. financial services industry, faced with heightened regulations and competition for skilled labor from technology companies, increasingly is finding the workers it needs by expanding to cities like Salt Lake City, according to a new report from CBRE Group, Inc.  

Expert Opinion - Kelvin Anderson, Financial Services

Perhaps you know that Utah has been called a magnet for tech startups and ranks best in the nation for business. But did you know that Utah also ranks among the leading states for banking?

EDCUtah's Response to the Legislative Audit

To Whom It May Concern:

Research Weekly - Rising Incomes in Utah

A pair of federal economic reports indicate that Utah leads the nation in personal income growth. At 1.4%, Utah is ahead of the nation’s personal income growth of 1.0%. This means more money in Utahns’ pockets.

Study Reveals Utah Has the Right Ingredients for an Inland Port

Salt Lake City – Findings from an inland port study conducted by the Kem C. Gardner Policy Institute and commissioned by World Trade Center Utah (WTC Utah) confirm Utah meets many of the essential criteria for developing an inland port. The study provides recommendations for next steps decision makers should consider.