News: 2018

Utah Business Names "Fast 50"

Utah Business released its annual "Fast 50" list of the state's fastest-growing companies, which celebates their entrepreneurial spirit, innovative business tactics, and skyrocketing revenue growth. Congratulations to this year's winners!  

U.S. Department of Commerce Invests $1.8M in Provo Infrastructure

The U.S. Department of Commerce invested $1.8 million for roadway and utility infrastructure needed to support business expansion in Provo, Utah.

Utah Startup Ranked Fastest-Growing in State the Same Day it Opens New Headquarters

In a serendipitous move, Lehi-based tech startup Podium opened brand-new headquarters the same day it was ranked the fastest-growing company in Utah on the Inc. 5000 list. Podium, a cloud-based software company that helps businesses collect and manage online reviews, was born in the attic of a Provo bike shop in 2014. Nearly four years later, it’s ranked No. 13 on Inc. 5000's 2018 list of fastest-growing companies in the nation and No. 1 in Utah.

The Nation's Youngest Entrepreneurs Live in Salt Lake City

Salt Lake City earned the #1 spot on LendingTree's study comparing average ages of business founders in the 50 largest U.S. cities. Salt Lake's average was just 37.8 years old. 

Utah Cities on Six More "Top Ten" Economic Development Lists

Utah cities landed top-ten spots on six of the lists included in Business Facilities' 2018 Metro Rankings Report, which takes an annual look at important topics in city-level economic development, including solar energy, job growth, economic growth potential, diversity, and more.

Fox File #70 "A Michelin 3-Star State"

The Fox Files is a weekly message from EDCUtah President & CEO Theresa Foxley.

Project Tony: Sarcos Robotics Receives GOED Economic Development Financing to Expand in Utah

SALT LAKE CITY (August 09, 2018)—The Governor’s Office of Economic Development (GOED) today announced Sarcos Robotics, a global leader in robotic systems that augment, rather than replace, humans working in the industrial, public safety and military sectors, has been awarded the

Project Castle: Moog to Expand Operations in Utah

SALT LAKE CITY (Aug. 09, 2018)—The Governor’s Office of Economic Development (GOED) today announced Moog Inc. will expand their operations in Utah, adding up to 120 jobs, $4.9 million in new state revenue and $2.23 million in capital investment. 

Governor Herbert Addresses Economy at Tri-City Chamber Meeting

Utah’s governor believes Lehi is the epicenter of economic growth in the state, and with that comes both successes and challenges.

New Secured Research Center at the U Will Hold Trove of Federal Data

 The state's academic researchers will soon have significantly easier access to restricted-use federal data thanks to a new data center coming to the University of Utah next year.


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