SALT LAKE CITY — The Governor's Office of Economic Development the Economic Development Corporation of Utah announced Thursday an incentive agreement with Pleasant Grove-based dōTERRA — a company that makes aromatic compounds from natural ingredients — that will bring more than 300 new jobs.
Under the terms of the 10-year agreement, the company will pay approximately $83 million in new state tax revenue and will make $60 million in capital investment.
“Although only a few years old, dōTERRA has already brought many jobs to Utah County," said Gov. Gary Herbert.
The company will add 330 new full-time jobs to its headquarters in Pleasant Grove. The positions will pay $136.4 million in new state wages — or at least 125 percent of Utah County's average annual wage including benefits.
“dōTERRA's choice to utilize our incentives program will keep their expansion in Utah and will further benefit the community and the state,” said GOED executive director Spencer Eccles.
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Jasen Lee is a journalist for Deseret News/KSL reporting primarily on business, technology and utilities. Having started in radio, he has reported at KCPW and Metro Networks in Utah as well as WTMJ in Milwaukee and WMAY in more ..
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doTERRA's products work. I've had the flu and nothing would touch it until a friend told me to take her "flu bomb" every 3-4 hours. It consists of 3 drops of Oregano oil, 5 drops of Lemon oil, 5 drops of their tea tree oil More..
I could hardly support a company that was started by a person who signed a non-compete agreement with YLEO, then broke the agreement and started a competing business using techniques that were stolen from their former employer.