Business In Utah - 2021

Page 70

Economic Development Par tners

Utah’s Top 10 Economic Development Stories in 2020 By: EDCUtah

Without a doubt, the top economic story of 2020 was the pandemic, and there was not much good news. But, believe it or not, there were many other stories of great companies and incredible individuals that left their indelible mark on Utah’s economic landscape — and left us with milestones worth celebrating. Many of these successes involved the Economic Development Corporation of Utah (EDCUtah), the Governor’s Office of Economic Opportunity (Go Utah), and other economic development partners.

Here are Utah’s Top 10 economic development stories of 2020, in chronological order: 1. Northrop Grumman announces Project Unity, a Ground Based Strategic Deterrent (GBSD) expansion in Weber County, supported by a state tax credit incentive. Northrop Grumman is currently the largest security and defense company in Utah, with more than 5,100 employees across the state. The GBSD headquarters will add 2,250 jobs and capital expenditures of $380 million over 20 years.

2. P rocter & Gamble (P&G) expands operations in Box Elder County with Project Syrup19. In 2011, Utah was home to P&G’s first domestic greenfield manufacturing site expansion in decades. This latest news marks the third time the company has expanded its Utah facilities.

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Articles inside

Quality of Life

9min
pages 90-100

Infrastructure

6min
pages 86-89

Government

6min
pages 80-83

Utah: A Global Hub for Investment

2min
pages 74-75

Education

1min
pages 76-77

Workforce

3min
pages 78-79

Healthcare

1min
page 85

Utah’s Path To Economic Recovery Runs Directly Through Global Markets

3min
pages 72-73

Utah’s Top 10 Economic Development Stories in 2020

3min
pages 70-71

Utah Regional Economic

2min
pages 68-69

Price: A Town of Endless Opportunities

2min
pages 64-65

Vernal’s Innovation Hub

2min
pages 66-67

Abra Kanabra

3min
pages 61-63

Cache Valley: Economic Success at the Top of the State

3min
pages 56-57

Heber Valley: Reimagining Tourism’s Role in the Community

4min
pages 58-60

Iron County Shines

3min
pages 53-55

Rural Workforce Network Brings Economic Development Opportunities to Rural Utah

2min
pages 49-50

A Place for Remote Work in Rural Utah

2min
pages 51-52

Utah’s Science Guy

3min
pages 45-46

Opportunities Abound in Utah’s Software and Information Technology Arenas

2min
pages 47-48

BioHive: The Fastest-Growing Life Science Ecosystem in the Nation

3min
pages 43-44

Utah: Green Energy Hub of the West

3min
pages 39-40

Giving Utah Small Businesses and Entrepreneurs a Competitive Advantage

3min
pages 37-38

When It Comes To Banking, Utah Takes Center Stage

2min
pages 41-42

Growth and Expansion Continues for Utah’s Aerospace and Defense Companies

3min
pages 34-36

Utah Inland Port Authority

3min
pages 28-30

Utah’s Entrepreneurial Spirit is at the Core of its Advanced Manufacturing Companies

2min
pages 32-33

Targeted Growth Through

2min
page 31

What’s The Point?

3min
pages 26-27

Building Bridges Between

2min
page 23

STRATA Connects

3min
pages 24-25

Corporate Recruitment

2min
pages 12-13

Delivering Innovative

3min
pages 21-22

Utah’s Economy Amid a Pandemic

5min
pages 10-11

Utah Film Industry Adapts to Pandemic

2min
pages 16-17

A Tent As Old As Time

3min
pages 18-20

Utah’s Tourism Industry

3min
pages 14-15
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Business In Utah - 2021 by Utah Governor's Office of Economic Opportunity - Issuu