State hoping to get Seattle company to add 90 Utah positions

The Governor's Office of Economic Development Board on Thursday approved an incentive for a Seattle-based online backup service company to add 90 jobs to its existing Utah County operations.

Decho Corp., which provides the popular online backup service Mozy, plans to expand its Pleasant Grove work force. The incentive, offered as a post-performance rebate of 20 percent of new state tax revenue, would provide as much as $543,000 over 10 years. That figure is based on the creation of 90 jobs and the retention of the more than 140 positions already located in Pleasant Grove.

In a release about the expansion and the incentive, Pleasant Grove Mayor Mike Daniels and Jeff Edwards, president and chief executive officer of the Economic Development Corp. of Utah, noted the Beehive State's strengths as a magnet for high-technology businesses that bring with them lucrative jobs.

The new jobs are expected to pay more than 50 percent above the Utah County average salary and include company-contributed health benefits, GOED incentives committee chairman Jerry Oldroyd told the GOED board. The new wages that will come with the jobs over the course of the incentive are expected to exceed $45 million, and the state tax revenue generated will be more than $2.7 million, he said.

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