Black Diamond

Date Announced

Q2 2018

“We are excited about the future of the outdoor industry in Utah and expect to play an important role in its growth for years to come.” -- John Walbrecht, president of Clarus.

Jobs

147

Investment

$40 million

Incentives

Clarus Corporation, parent company of Black Diamond, may earn up to 20 percent of the new state taxes they will pay over the eight-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Clarus Corporation, the GOED Board of Directors has approved a post-performance tax credit rebate not to exceed $1.8 million. Each year as Clarus Corporation meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.