News

Utah County is Expected to Get 1M New Residents in the Next 50 Years. Here's How Leaders are Planning for the Growth

OREM — While researchers note Salt Lake City is, and will likely remain, the economic epicenter of the Beehive State for the foreseeable future, Utah County has become the primary engine of the state's nation-leading growth.

California Camera Equipment Manufacturer Moves to Lehi

Lehi is not only for Silicon Slopes software tech companies.

PolarityTE Announces New Headquarters Relocation to Accommodate Rapid Growth

Biotechnology company PolarityTE, Inc. has announced its new corporate headquarters location at 123 N Wright Brothers Drive in Salt Lake City, which will open in December 2018.

Utah One of Nation’s Leaders in Science and Engineering Workforce Growth

Utah is one of the nation’s leaders in long-term science and engineering (S&E) workforce growth, according to a new analysis released by SSTI (the State Science and Technology Institute), a national nonprofit organization dedicated to improving initiatives that support prosperity through scie

SAP’s $8B Qualtrics Acquisition is a Win for Seattle and Provo’s Tech Communities

Just days ago, Wall Street was expecting experience management software firm Qualtrics to debut on Nasdaq. Now, traders won’t have a chance to snap up Qualtrics shares — but for a good reason.

Fox File #78: Project BOAT Reflections

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

USA Climbing Moving Headquarters to Utah

Salt Lake City (November 6, 2018) – The State of Utah continues to build upon its strong Olympic Legacy with the announcement today that USA Climbing, the National Governing Body for the sport, is relocating its headquarters to Utah.

SAP to Buy Market-Analytics Startup Qualtrics for $8 Billion

SAP SE, the German business-software vendor, agreed Sunday to buy Qualtrics International Inc. for $8 billion, taking the market-analytics startup off the market just days before it planned to sell shares to the public.

Salt Lake City Ranks #1 for Office Net Absorption Growth Among CBRE’s Tech-30

Buoyed by robust tech-sector employment growth, Salt Lake City ranked first for office net absorption growth (growth in occupied office space) among the 30 leading tech markets, according to CBRE’s annual Tech-30 report, which measures the tech industry’s impact on office rents in the 30 leadin

LendingClub Expands to Utah

The Governor’s Office of Economic Development (GOED) today announced LendingClub Corporation (NYSE: LC) will expand in Utah adding up to 860 jobs, $22 million in new state revenue and an estimated $17.85 million in capital investment over the next 10 years.