Economic Development Corporation of Utah
OVERVIEW Economic Development Corporation of Utah (EDCUtah) is an investor-based public/private partnership that works with government and private industry as a catalyst to bring quality job growth and increased capital investment to Utah. EDCUtah assists in-state companies with their growth while recruiting out-of-state companies to expand and/or relocate in Utah. EDCUtah accomplishes its mission by being the comprehensive source for Utah economic data, providing key public and private contacts and assisting companies through the expansion or relocation process. EDCUtah partners with GOED to handle the state’s business recruitment efforts. This strong partnership has provided great success in recruiting businesses to Utah and links state government with local government and the private sector in a unified approach to business recruitment. Businesses that visit Utah report that they are impressed with the level of collaboration they experience as they work with the state and local economic development organizations.
A New Record for Jobs Created and Retained During FY2013, 31 companies announced decisions to either relocate or expand in Utah. These companies will add 9,405 jobs to the state’s economy, retain another 1,931 jobs, and will make capital investments in Utah totaling more than $1.4 billion. Here’s a breakdown: Jobs Created Jobs Retained
9,405 1,931
Capital Investment
$1.4 billion
Square-footage
3.5 million
Headquarters relocations
9
“It’s been another record year for economic development with 9,405 jobs created and another 1,931 jobs retained during EDCUtah’s fiscal year,” said EDCUtah President and CEO Jeff Edwards. “If you roll up the last three years, we are up to nearly 30,000 jobs created and retained. This is a fantastic time for economic development in Utah.”
Governor’s Office of Economic Development • 2013 Annual Report • www.business.utah.gov
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