A major player in the computer industry will build a facility in Utah that will provide 650 jobs, according to leaders of the Utah Valley Economic Development Association.
The Taiwan-based company is sending its chairman of the board to look at locations in Springville, Salt Lake City and Provo, said Richard Bradford, executive director of UVEDA. "When he comes Monday, he'll buy a site," Bradford said.Bradford, speaking to members of the UVEDA board, said the company decided Wednesday to house a facility in one of three Utah locations. Previously, the company had considered locating in Ohio, and Wednesday ruled out locating in Portland, Ore.
Bradford would not release the name of the company but said there would be jobs available for engineers, electronic assemblers and others.
The company's first-priority location is the Springville Industrial Park, where Valtek and Stouffer's have major operations. The Salt Lake City International Center is second priority.
Provo's East Bay, already home to Novell, Dynix and Prolitho, among others, is third on the list.
Bradford said the company conducted a lengthy study on locating in Ohio. "They had assumed that Ohio represented the United States." Even after figuring in several incentives the state of Ohio offered the company, it was still less expensive to locate in Utah.
Ohio offered the company an 80 percent tax holiday the first year, a 60 percent holiday the second year and a 40 percent holiday the third. The state also offered a bond incentive.
But when Utah's normal tax rate was considered, along with utility and training costs, Utah came out ahead.
Approximately one hour before the UVEDA board meeting, the company told Bradford that the Oregon site had been eliminated from consideration. "I'm always glad to come to these meetings with good news," Bradford said.
The company's Utah project would add another name to a growing list of high-technology companies that have found Utah to be a suitable environment for major operations.
The large number of Utahns who speak foreign languages, particularly Mandarin Chinese, may also have played a role in the Taiwanese company's decision to locate here, Bradford said.