From Deseret News archives:

Lure is sweetened for mystery company

Published: Thursday, March 10, 2005 6:36 p.m. MST
 |  E-MAIL | PRINT | FONT + - 
A state agency on Thursday sweetened the lure for an unnamed company to bring more jobs to Utah.

The Board of Business and Economic Development boosted an Industrial Assistance Fund incentive for the company, whose name is being kept confidential by the board.

The company last June was approved for up to $151,800 to hire 69 full-time workers. That award was structured so the manufacturer of building materials would get the full amount if it created the jobs in a rural area, or up to $138,000 if it did so in an urban area.

On Thursday, the board approved increasing the overall amount to up to $249,800 for a total of 134 new jobs in rural Utah. The company would get $2,200 per job paying 125 percent of the county median, if it kept the jobs in Utah at least five years.

Comments

You can be the first to comment on this story.

previousnext

Latest comments

3A: Hurricane advances to title game

If anyone really reads the comments pertaining to the Park City coaches, the...

Memo out again tonight for Jazz

This will give Fes a another chance to show his stuff! Hope he has a great...

Broncos make Aggies pay

They're not what I would call overpowering like TCU is, but they don't make...

Springville scheduled Mountain Crest this season, but they canceled. Oh, and...

Great article. I think everybody should be proud to have a Utah team in a...

BYU football gameday

If unga dosen't play today we will learn a lot about unga because max and the...

Maybe your 3 non LDS siblings are REALLY tired of your "missionary efforts"...

Memo out again tonight for Jazz

You know John and Karl were not perfect but I will never ever underestimate...

Christian leaders not backing down

You give a great example of why we as conservatives have a very hard time...

What an outcome. Announcers on TV had given up on JD and I think everyone...

Advertisements