$2.23 million CAPEX
120 jobs
Project Castle
The Governor’s Office of Economic Development (GOED) and the Economic Development Corporation of Utah (EDCUtah) 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.
“Moog is a leader in the aerospace and defense industry,” said Val Hale, executive director of GOED. “With over 60 years of experience, Moog’s expansion will be a great benefit to our state and we look forward to their success.”
Founded in 1951 in New York, Moog is a leading worldwide designer, manufacturer and integrator of high-performance precision motion and fluid controls and systems for a range of applications in aerospace and defense, industrial and medical markets. Moog currently employs over 11,000 employees with locations throughout the U.S., and around the world including Germany, England, Australia, Italy, Japan, Ireland, and many more.
Moog plans to add these jobs within their existing facility in Salt Lake County and bring to Utah the assembly and test of a new turreted weapon system called the Reconfigurable Integrated-weapons Platform (RIwP). The RIwP is a revolutionary remote turret, providing the warfighter overmatch to current and emerging threats across the full spectrum of conflict.
“We are excited about this new product and to be hiring additional talented personnel in Utah. The support from the Governor’s office for these high-tech manufacturing jobs was key to making the decision to grow in Utah,” saidJon Liddle, director of Moog Defense Sector Operations and Supply Chain. “Our culture supports the development and growth of our employees and I encourage those who want to join the Moog family to go to www.moog.com/careers.”
Moog may earn up to 20 percent of the new state taxes they will pay over the ten-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate.
“Moog’s expansion in Utah is one more example of our state’s compatibility with the aerospace and defense industries,” said Theresa A. Foxley, president and CEO of EDCUtah. “We’re excited to see them grow in Utah and are thankful for their continued investment here.”
Becca Haynie, business development manager, led Project Castle for EDCUtah.
For more information on this or other projects, contact Colby Cooley, at 801-323-4250, ccooley@edcutah.org.