Ogden could land more than 650 jobs over 15 years and a Salt Lake company could add 200 jobs paying twice the county median wage if companies awarded state incentives Friday take the offers.
The Governor's Office of Economic Development Board awarded financial incentives to several companies during its meeting, including $8.3 million to Jet Aviation to develop a facility at the Ogden-Hinckley Airport that would maintain, repair and overhaul business aircraft and be a service center for certain aircraft and employee activities.
The incentive in the form of an $8 million tax credit and a $294,000 Industrial Assistance Fund grant would lead to at least 650 jobs paying 50 percent above the Weber County average. The $6.9 million capital investment would be at leased space formerly occupied by now-bankrupt Adam Aircraft.
Jerry Oldroyd, chairman of the board's incentives committee, said Jet Aviation would use all of Adam Aircraft's space and build a couple of hangars nearby.
"This is a real opportunity for Utah," Oldroyd said. "We've really targeted the Ogden-Hinckley Airport for this type of expansion it was built for that so this is a perfect, perfect fit for that operation."
Jet Aviation, a Swiss company, said in May that it has signed a letter of intent with Kemp Development Inc. of Ogden to have Jet Aviation Ogden in operation by this fall, adding up to 200 people over the next two years.
The company said at the time that its maintenance facility would be 70,000 square feet of hangars and workshops that would provide heavy maintenance, component repair, refurbishment and painting for mid- to large-cabin aircraft. Jet Aviation said it would assume the existing operations of Kemp Jet Services. The executive terminal, hangars and offices occupy 51,000 square feet and include the terminal, fueling, a pilot "snooze" room, a pilot lounge, weather and flight planning and an on-site restaurant.
The company has about 5,100 employees worldwide.
The GOED board on Friday also approved a $3 million tax credit incentive for Salt Lake City-based Boart Longyear to expand its corporate headquarters operations. The expansion would mean more than 200 new jobs, paying twice the county median wage, according to board documents.
Board documents indicate South Jordan would be the site of the expansion for the company, which has 9,700 employees worldwide involved in drilling services and products used in mining.
"It's a significant corporate headquarters," Oldroyd said. "With this expansion, our goal is to keep them here. They could put this expansion anywhere in the world. It would be just as easy to put it anywhere where they have operations, but they would like to keep it in Utah, and obviously we would, too."
The board also awarded a $1.9 million tax credit over 10 years to Reckitt Benckiser to build a 600,000- to 650,000-square-foot distribution and logistics center in rural Utah. Reckitt Benckiser is the parent company for Lysol, Woolite, Spray & Wash, Electrasol, Air Wick, Mucinex, Delsum and French's.
Oldroyd said the company is considering several sites, but board documents said the 140 new jobs that the $35 million center would produce would pay 25 percent above the Tooele County median wage.
The GOED Board approved three allocations from the Rural Broadband Service Fund to get high-speed Internet service to several areas:
• $93,328 to UBTA-UBET Communications toward the total cost of $186,656 of adding the service to 164 potential subscribers in the Arcadia, Pleasant Valley and Antelope Canyon areas of Duchesne County.
• $35,500 to Qwest Corp. toward the total cost of $71,000 to serve 984 potential subscribers in parts of Mona, Juab County, and Glenwood, Sevier County.
• $24,322 to Beehive Telephone Co. toward the overall project cost of $49,133 to serve 67 potential subscribers in Grouse Creek, Box Elder County.
Board members stressed that the rural broadband projects could attract businesses to those areas.The board also awarded an rebate of up to $500,000 to Go Films from the state's Motion Picture Incentive Fund to shoot the independent feature film "Saints and Soldiers: The Void" in Alpine. The company's spending in Utah is expected to total $3.5 million.
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