From Deseret News archives:
Tax rebate is OK'd to help plant upgrade
Limitations at the Clearfield facility are causing about half of the Utah operations to be preprocessed at a plant in Omaha, Neb. The company wants to close that plant and move to an expanded location. It is considering several sites in Weber County.
Sixty-three new jobs will be created in connection with the expansion, adding to 104 existing jobs. New state revenue is expected to top $950,000 over 10 years. The capital investment is expected to be about $15 million.
The company had requested an incentive of $1.2 million. The approved tax rebate comes with the requirement that the company pay at least 75 percent above the Weber County median wage. Request documents indicate the average pay would be $41,350, or 92 percent above the county median of $21,500.
The company must commit to keeping operations in Utah at least 10 years. A local incentive of $300,000 to $350,000 also is required.
The company also has considered Las Vegas and Stockton, Calif., for the expansion.
E-mail: bwallace@desnews.com
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