From Deseret News archives:
State sweetens incentives
Growing yogurt market is creating 100 new jobs at W. Jordan plant
A representative of Dannon Co., the U.S. subsidiary of French company Groupe Danone, said Thursday that the company will expand its existing West Jordan plant, adding about 100 jobs by mid-2008.
"The market for cultured fresh dairy products is growing at about 7 (percent) to 9 percent per year," said Michael Neuwirth, senior director of public relations for Dannon, based in White Plains, N.Y. "It's one of the fastest-growing segments of the dairy industry. . . .
"Based on continued market growth, we project hiring approximately 100 new employees (in West Jordan) by June 2008."
Neuwirth spoke of Dannon's plans after the Utah Governor's Office of Economic Development board, meeting in Cedar City on Thursday, approved an $8.35 million tax-rebate incentive to encourage the expansion.
An executive summary of incentive proposal from GOED said Dannon wants to add 10 production lines to keep up with growing demand for products like yogurt and dairy drinks. The GOED information said the company is planning to spend $175 million to $200 million over the next four years to increase production.
He said expansion of the West Jordan facility, which currently has about 200 workers, is planned to begin immediately.
"As our business continues to grow, we look for ways to grow our production capacity, and expansion of existing plants is our preferred way to do that," Neuwirth said.
Tom Burdett, West Jordan community development director, said the expansion would be good for the city in terms of job development.
"They are high-paying jobs," Burdett said. "These are technical positions that run complex manufacturing equipment."
The average salary would be $52,586, which is 184 percent of the Salt Lake County median wage, according to a GOED release.
The GOED summary said Dannon's expansion is expected to create 295 new full-time jobs, but Neuwirth would only confirm plans for 100. He said the state may be projecting further into the future than the company.
"One significant benefit for Utah agriculture is that at full production, the project would require an expansion of the state's dairy herds by 25,000 to 30,000 cows and would result in substantially increased employment in the dairy, transportation and veterinary services," the GOED release said.
The state's incentive would be in the form of a return on 30 percent of new state revenues over a 10-year period. The salary threshold would be at least 150 percent of the Salt Lake County median wage, and the company would be required to keep operations in Utah for at least 10 years.
"The incentives offered by the state are based on the actual growth that Dannon contributes to the economy," Neuwirth said.
Contributing: Doug Smeath
E-mail: gkratz@desnews.com
Comments
- Police, protesters gear up for Obama 7:57 a.m.
- Delta sees brighter revenue ahead 7:51 a.m.
- Stocks dip at open 7:49 a.m.
- Iraqi man, lucky dog reunite 7:47 a.m.
- Attack may have killed civilians 7:46 a.m.
- EPA chief on U.S. regulating CO2 7:34 a.m.
- L.A. to vote on pot ordinance 7:29 a.m.
- Storm pounds Midwest, New England 7:24 a.m.
- Congress mulls college playoffs 7:21 a.m.
- Obama announcing $600M for health 7:16 a.m.
- Snow brings big chill
- Andersen apologizes for Jordan hoax
- BYU football: Bronco weighs in on Hall
- Yet again, we learn BCS is a big joke
- Expert calls Mitchell delusional
- Cougars in better mood about bowl
- Ranking the bowl games
- Five players miss Jazz practice
- $2M error could mean layoffs
- Williams' late jumper tops Spurs
- Y. profs: Beck not all-knowing
278 - Letters: Global warming a lie
217 - TCU to play Boise in Fiesta Bowl
205 - BYU football: Bronco weighs in on Hall
166 - Cougars going back to Vegas
148 - Utah/BYU rivalry can be more civil
143 - George lost in rivalry hatefest
119 - Andersen apologizes for Jordan hoax
113 - Ed Smart 'appalled' at testimony
99 - Revive full food tax?
94
Pittsburgh Post-Gazette writer Joyce Gannon offers the following advice...
Dennis Miller on global warming: "It would appear that the crux of the...
Re: Stippling Warriors? It seems the the standards are "flexible" for the...
re Think Outside the Box | 7:14 p.m. Dec. 8, 2009 _____________________...
Wow!....so many comments not concerning the article. Huge Utah fan here in...
Umm...what: It's the scientists who have their ears plugged, eyes closed, and...
People everywhere need to read this article. With the panic summit going on...
So, a couple of articles in the paper whos' politics you disagree with, and...
At the very least. News "reporting" long since has left the arena of accuracy...
People who have nothing to hide, hide nothing... You don't bury (hide)...
How can these people be so deluded to believe that "everybody" wants this...


You can be the first to comment on this story.