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Recent Wins

Every day we get to work with some of the top companies and site selectors in the world. Here are a few who recently said “Yes” to a Utah expansion.

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Recent News

Here’s a recap of economic news from Utah, including original-content interviews with EDCUtah investors, clients, and partners.

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A Conversation with Facebook COO Sheryl Sandberg

A Conversation with Facebook COO Sheryl Sandberg

June 18, 2021

A video conversation with one of Tech's leading executives

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Golf for Grants Tournament a Success

Golf for Grants Tournament a Success

June 18, 2021

The annual Golf for Grants tournament supports the Community Match Grant program.

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Annual Economic Development Awards - Nominations Open

Annual Economic Development Awards - Nominations Open

June 20, 2021

Every year we celebrate the people and organizations that have made an impact on the economic landscape of Utah with the EDCUtah Economic Development Awards.

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Utah and Its Cities Lead Nation in Young Population

Utah and Its Cities Lead Nation in Young Population

June 21, 2021

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Knitting Diversity into the Corporate Fabric: A Conversation with Weave CEO Roy Banks

Knitting Diversity into the Corporate Fabric: A Conversation with Weave CEO Roy Banks

June 24, 2021

A conversation on diversity, equity, and inclusion (DEI) with CEO Roy Banks of tech unicorn Weave

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Armscor Opts for Iron County

Armscor Opts for Iron County

May 13, 2021

Team Utah* is pleased to announce that Armscor Precision International will open an office in Iron County, Utah, adding up to 88 new high-paying jobs in the next six years.The expansion includes capital expenditures of $40 million.

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Denali Therapeutics Joins Salt Lake City’s Life Sciences Hub

Denali Therapeutics Joins Salt Lake City’s Life Sciences Hub

April 8, 2021

The Economic Development Corporation of Utah (EDCUtah), the Utah Governor’s Office of Economic Development (GOED), and Salt Lake City are pleased to announce that Denali Therapeutics, Inc. plans to open an office in Utah, potentially adding up to 100 new high-paying jobs in the state in the next 10 years. The expansion includes capital expenditures of $40 million.

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Plastic Ingenuity Chooses Tooele City

Plastic Ingenuity Chooses Tooele City

April 8, 2021

The Economic Development Corporation of Utah (EDCUtah), the Utah Governor’s Office of Economic Development (GOED), and Tooele City are pleased to announce that Plastic Ingenuity, Inc. will open an office in Utah, adding up to 96 new high-paying jobs in the state in the next 15 years. The expansion includes capital expenditures of $70 million.

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Scorpion to Open Utah Office

Scorpion to Open Utah Office

March 11, 2021

The Economic Development Corporation of Utah (EDCUtah) and the Utah Governor’s Office of Economic Development (GOED) are pleased to announce that Scorpion will open an office in Utah, adding up to 1,007 new high-paying jobs in the state in the next five years. The company projects capital expenditures of $18.9 million associated with the expansion.

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Northrop Grumman to Expand in Northern Utah

Northrop Grumman to Expand in Northern Utah

January 10, 2020

The Utah Governor’s Office of Economic Development (GOED) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that Northrop Grumman Corporation will expand its operations in Northern Utah, creating some 3,000 jobs (2,250 incented and 750 non-incented) in the next 20 years. Capex for the project is estimated at $380,000,000.

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Novva Bringing Major Data Center Campus to West Jordan

Novva Bringing Major Data Center Campus to West Jordan

August 31, 2020

The Utah Governor’s Office of Economic Development (GOED) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that Novva, Inc. is building a 380,000 square-foot (sf) multi-tenant data center in West Jordan, creating up to 50 new high-paying jobs and an initial capital expenditure of $100 million.

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Williams International to Expand its Ogden Location

Williams International to Expand its Ogden Location

September 9, 2020

The Economic Development Corporation of Utah (EDCUtah) and the Utah Governor’s Office of Economic Development (GOED) are pleased to announce that Williams International will expand its operations in Ogden, Utah, creating up to 300 new high-paying jobs in the next seven years. The company projects capital expenditures of $60 million associated with the expansion.

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Carvana Parks Itself in Utah

Carvana Parks Itself in Utah

February 11, 2021

Carvana plans to open an Inspection and reconditioning center in Tooele City, and to add 173 new high-paying jobs in the state in the next seven years. The company projects capital expenditures of $42.5 million associated with the expansion, and hundreds of additional jobs are anticipated as the company ramps up.

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Sunwest Bank to Expand in Sandy

Sunwest Bank to Expand in Sandy

April 8, 2021

The Economic Development Corporation of Utah (EDCUtah), the Utah Governor’s Office of Economic Development (GOED), and Sandy city are pleased to announce that Sunwest Bank will be expanding its office in Utah, adding up to 63 new high-paying jobs in the state in the next five years. The expansion includes capital expenditures of $250,000.

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Weekly Commercial Update

Weekly Commercial Update

April 20, 2021

One of our favorite adaptations to pandemic has been the Weekly Commercial Report from David Stahl of EDCUtah investor Hillcrest Bank. It’s a quick read of important national, state, and local economic news delivered to your email address.

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Hexcel Lifts Off in West Valley City

Hexcel Lifts Off in West Valley City

May 13, 2021

‘Team Utah‘ is pleased to announce that Hexcel Corporation will build a flagship Center of Excellence for Research & Technology (R&T) to support next-generation developments in advanced composites technologies in Utah, adding up to 150 new high-paying jobs in the next 12 years. The expansion includes capital expenditures of $25 million.

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Cost of Living Index

Cost of Living Index

June 1, 2021

EDCUtah’s research team regularly provides data for the Council for Community and Economic Research’s (C2ER) quarterly Cost of Living (COLI) Study. Here are the latest stats for some key markets.

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An EDCUtah DEI Profile: Equality Utah

An EDCUtah DEI Profile: Equality Utah

June 4, 2021

Over the next year, EDCUtah will be highlighting one Utah community organization or multicultural resource group each month, organized by monthly heritage theme where possible. This is part of an effort to inform our investors about DEI best practices and resources in Utah.

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CBRS – A Gift from the FCC: Five Questions for Eric Toenjes of Graybar

CBRS – A Gift from the FCC: Five Questions for Eric Toenjes of Graybar

June 8, 2021

Cities, schools, and corporations may have a new avenue to get online, thanks to a recent move by the Federal Communications Commission (FCC). The Citizen Broadband Radio Service (CBRS) opens up an important slice of the U.S. radio spectrum to new uses.

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Premier Tech Expands in Davis County

Premier Tech Expands in Davis County

June 10, 2021

Team Utah* is pleased to announce that Premier Tech, Inc. will expand its footprint in Utah, adding up to 63 new high-paying jobs in the state in the next 10 years. The expansion includes capital expenditures of $18.8 million.

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The What and Why of DEI at Mortenson

The What and Why of DEI at Mortenson

April 12, 2021

Minneapolis-based M.A. Mortenson Company employs over 6,000 team members in regional offices, traveling groups, and project sites across the country.

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Excuse Busters, Unicorns and Commitment to Community – a Conversation with Zions Bank

Excuse Busters, Unicorns and Commitment to Community – a Conversation with Zions Bank

April 26, 2021

Founded in Salt Lake City in 1873, Zions Bank has been a leading financial institution in the Intermountain West and a cornerstone of the Utah community for nearly 150 years. Today, the bank is also a leader in Utah’s drive toward diversity, equity and inclusion (DEI), most recently as one of the original signatories of the Utah Compact for Racial Equity, Diversity and Inclusion.

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Exit Interview: A Conversation with David Lang of Goldman Sachs

Exit Interview: A Conversation with David Lang of Goldman Sachs

April 29, 2021

New York, London, Bangalore, Salt Lake City. Many Utahns know that Goldman Sachs’ Salt Lake City office is the fourth largest in the world, but fewer know the story — or the leadership — behind its success.

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EDCUtah Staff Changes

EDCUtah Staff Changes

May 6, 2021

The Economic Development Corporation of Utah (EDCUtah) is excited to announce the following staffing changes.

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The Return of Site Visits: Five Questions for Mike Flynn

The Return of Site Visits: Five Questions for Mike Flynn

May 10, 2021

In nearly two decades in economic development, EDCUtah chief operating officer Mike Flynn had seen nothing like the recent pandemic-driven hiatus in site visits. But times are changing.

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