From Deseret News archives:

Utah might be site of $260 million Oracle data center

Published: Friday, May 16, 2008 1:16 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 
The state has offered a $15 million-plus incentive to get business software giant Oracle Corp. to expand its presence in Utah.

The Governor's Office of Economic Development Board on Friday approved the incentive, which could result in a $260 million data storage center in West Jordan that would have 100 full-time employees. The average pay would be more than twice the Salt Lake County median, which is $32,828 annually.

Board members said Idaho is a competitor to land the data center and that while Utah's incentive is smaller, it is competitive. Board documents say Oracle "has found that Utah is its top choice for their new data center."

The state incentive is contingent on West Jordan providing a local incentive.

If Utah is the site of the new data center, the company would pay $73.6 million in new state wages over 10 years and $50.4 million in new state revenue over 12 years, according to board documents.

Oracle, based in Redwood Shores, Calif., has about 75,000 employees worldwide. It has operations in Utah, including at Jordan Commons in Sandy.


E-mail: bwallace@desnews.com

Recent comments

Hey Stewart....did you stop to think a little bit about the...

Just a Guy | May 16, 2008 at 7:56 p.m.

it till I see it being build....

I won't believe... | May 16, 2008 at 6:38 p.m.

Yup, I guess by all of the complaining we don't want 100 jobs that...

Complain complain | May 16, 2008 at 4:01 p.m.

previousnext

Latest comments

Thanks "Concerned Advocate". I should mention that since I fight the State...

If it were not for our "elastic" currency we could just ignore those...

Provo convention center close

Actually Provo could be a convention destination if there was a good...

"TCU lost to Utah last year because they didn't have a team good enough to...

Letters: Chosen behavior?

The First Amendment states, "Congress shall make no law respecting an...

4A football: Mustangs vs. Tbirds

Mountain Crest's defense is too tough for Timpview. Our defense is more...

All i know is it won't be my cougars again! another year of great expectation...

One thing we have learned from recent history is that Utah can prepare for...

Great recruit and a great story. He has talent and Bronco will use his...

'Bad move by the Church. I am extremely disappointed!' Well I am happily...

Advertisements
Advertisement