Project Beach: Novacoast Opts for Orem
The Economic Development Corporation of Utah (EDCUtah), the City of Orem, and the Governor’s Office of Economic Development (GOED) are pleased to announce that cybersecurity firm Novacoast is expanding in Utah.
With operations offices in California, Michigan, Pennsylvania, Arizona, Texas, the United Kingdom, and Guatemala, the company helps organizations through advisory, engineering, development and managed services.
“Thanks to past experience, Novacoast is already familiar with Utah’s talent, educational resources, and business-friendly environment,” said Dan Hemmert, executive director of GOED. “We welcome their expansion and look forward to supporting their continued success.”
Novacoast currently has about 15 Utah employees, and anticipates expanding the Utah workforce to 100 in two years, according to CEO Paul Anderson. The company projects capital expenditures of $250,000 associated with the expansion.
“As a Novell partner from way back in the day, now Microfocus, we’ve had a small presence in the Provo/Orem area for more than two decades, and we’ve found quality employees here that whole time,” said Anderson. “COVID just accelerated the decision to expand in Utah.”
"The City of Orem is delighted to welcome Novacoast to our community and to Canyon Park. We are confident Novacoast will fit nicely in the city's growing list of technology startups and industry leaders,” said Jamie Davidson, City Manager, Orem. “As a community that prides itself on being the home of education, innovation and business success, we look forward to watching Novacoast grow and thrive."
Anderson cited the pipeline of talent coming from computer science programs at Brigham Young University and Utah Valley University, and that the talent is interested in staying in the area to pursue careers. Transportation and cultural amenities were other pluses. “Clients can easily fly to Salt Lake City, and we can entertain them minutes away at Sundance Resort.”
“Congratulations to the City of Orem,” said Theresa A. Foxley, president and CEO of the Economic Development Corporation of Utah. “Novacoast’s expansion is an exciting enhancement to Silicon Slopes’ expertise in cybersecurity.”
Erin Farr, senior business development manager, led this project for EDCUtah.
For more information, visit www.novacoast.com
For other inquiries about this project, please contact:
Colby Cooley, vice president of business development, EDCUtah
EDCUtah Investors Involved
Mountain West Commercial Real Estate provided brokerage support for Novacoast.
EDCUtah Investors - If you were involved and would like to have your organization mentioned in this announcement, please email email@example.com and we’ll update our newsroom posting.