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ELEVATING         REGION
GROWTH            BY REGION
Why Utah is the   Opportunity
Place to Build    Thrives in the
Your Business     Beehive State




EMPOWERING
BUSINESS
INSIDE AMERICA’S
MOST DYNAMIC
& INNOVATIVE
ECONOMY
At First Utah Bank, we respect the small -

    especially small businesses. We know you

    are the true backbone of our community. And

    when it’s time to update your equipment,

    build your inventory, or improve your facilities,

    we want you to talk to us first. Visit us

    at www.Firs tUtah Bank.com/sba or give us a

    call at 801.478.2303.

2   Utah Governor’s office of economic Development
www.bUsiness.Utah.Gov   3
Governor’S letter




                                                                           Office of the Governor
                                                                            Salt Lake City, Utah
                                                                                 84114-2220




                                                   Dear Business Leader:

                                                   Welcome to Business in Utah, a publication by the Governor’s Office of Economic
                                                   Development designed to assist you in becoming more familiar with the business
                                                   friendly environment and regions in our state.

                                                   During my extensive travels around the state, I am repeatedly reminded of the
                                                   many good reasons Utah is regularly praised as a great place to do business. Our
                                                   preeminence is because we work to our unique strengths, we are innovative and
                                                   we maintain an attitude of success. With each ranking and accolade we receive, we
                                                   continue to demonstrate that Utah has the hottest business economy in the nation.

                                                   These recognitions are many, and they are growing. Utah is ranked No. 1 by
                                                   the American Legislative Exchange Council (ALEC) as the state with the best
                                                   “Economic Outlook,” and the Pew Center has named Utah as the “Best Managed
                                                   State” in the nation. No wonder numerous organizations call Utah “best for jobs”
                                                   and “best for business,” rankings that reflect the work and commitment of Utah’s
                                                   successful business community.

                                                   Our talented citizens comprise one of the most productive workforces in the
                                                   country. Companies as diverse as Disney, Edwards Lifesciences, P&G and eBay
                                                   all call Utah home, and have expanded their presence even during our nation’s
                                                   downturn. Utah shows signs that our dynamic economy is once again taking off in
                                                   a number of business sectors, including international export, finance, lifesciences,
                                                   IT and software development.

                                                   Economic development in Utah will remain one of my top priorities, along with
                                                   a dedication to public and higher education and development of Utah’s energy
                                                   resources. Together, with our business community and our citizens, we have built
                                                   a strong economic base that is a strong stabilizing force. Utah is truly a “State of
                                                   Opportunity,” and we are ready to grow – today and well into the future.

                                                   Sincerely,



                                                   Governor Gary R. Herbert
                                                   State of Utah




   4                Utah Governor’s office of economic Development
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                            6   Utah Governor’s office of economic Development
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                                                        www.bUsiness.Utah.Gov   7
taBle of ContentS   14 Cover StorY
                       resolve of a native Son
                       Governor Gary r. herbert’s vision for Utah’s economic future
                       Utah has been a clear leader in sound government based on long-term
                       planning and effective management. Read how Governor Gary Herbert’s
                       pro-business vision is fostering economic opportunity and growth.

                       leading the economic Development Charge
                       As executive director of the Governor’s Office of Economic Development,
                       Spencer P. Eccles has positioned the state for responsible economic growth.

                       Features                                                                        66 at the Crossroads
                    24 Growing Utah                                                                        St. George, Salt Lake City and the Ogden corridor have long been
                       Utah is well known for its desert climate, but it also has incredibly fertile       known as the crossroads to the American West. Today these
                       ground for business development and growth. Read how several local                  three cities are more than transportation hubs; they are desired
                       companies are expanding with post-performance tax credit incentives.                locations for new warehousing, manufacturing and distribu-
                                                                                                           tion centers. Read how major companies like Procter & Gamble,
                    28 Bringing it home                                                                    Walmart and consumer products manufacturer Reckit Benckiser
                       Behind Utah’s growth is a well-oiled machine that has maximized the                 are taking advantage of local logistics.
                       state’s strengths to recruit some of the world’s premier companies. See how
                       the state’s innovative targeted economic cluster approach is driving results.       regions
                                                                                                       72 Wasatch front: the heart of Utah
                    32 Going Green                                                                         Local leaders in the Wasatch Front push forward with innovative
                       With vast amounts of natural resources and open space, and the addition of          business strategies, moving the region further along the road of
                       the Renewable Energy Development Incentive (REDI) plan, Utah is moving              success.
                       to the forefront of states attracting renewable energy companies. Learn
                       what they are doing to make Utah a leader in the field.                         74 Mountainland: Mixing Business with Pleasure
                                                                                                           Beneath the postcard veneers of Park City resorts, Heber Valley
                    36 the right track                                                                     meadows and Thanksgiving Point gardens, there’s a bustling
                       Strong education systems and growing economic sectors have a connec-                economic engine and exciting new developments in business.
                       tion. Read about the initiatives and programs designed to prepare Utah’s
                       workforce for the state’s changing economic trends.                             78 Southeastern: Diamond in the rough
                                                                                                           A regional airport, highways, railroads and fiber optics networks
                    40 the Perfect Combination                                                             mean this area is ready for more than breathtaking views. Helping
                       Utah’s Economic Clusters Initiative is a catalyst focusing people, ideas and        local businesses grow is a major priority for this region.
                       resources on industry sectors that have the greatest sustainable competi-
                       tive advantage. Look into the sectors putting Utah on the map not just          80 Southwestern: not Business as Usual
                       nationally, but globally as well.                                                   These counties have shown resilience to the economic downturn
                                                                                                           and are making several strides toward a promising future.
                    46 from Sparks to flames
                       GOED’s incentives promote strong win-win partnerships and net positive          84 Bear river: nurturing Business Growth
                       tax revenues with little risk. Learn about four different incentive programs        As the Bear River sustains wildlife and new life springs up along
                       that build on the long-term sustainable factors that attract top companies          its banks, it’s almost as if the river is also sustaining many busi-
                       to the state.                                                                       nesses percolating up from within this region as well as the profit-
                                                                                                           able companies relocating to this area.
                    50 expanding Borders
                       Since the state’s first international business office opened in 1982, it has    88 Central: from the Ground Up
                       morphed into the Governor’s Office of Economic Development (GOED)                   Central Utah’s economically sustainable products and industries,
                       and is continuously growing in scope and stature worldwide. Discover why            including wind farms, turkey production, gas and oil mining, and
                       the organization’s relationship-building approach is elevating Utah as an           other growing businesses bring a healthy balance to the area’s
                       international business state.                                                       natural landscape and recreational opportunities.

                    54 a healthy State                                                                 90 Uintah Basin: More than Meets the eye
                       Nearly half of small business employers do not offer health coverage to             Oil and natural gas industries lead the way as new and expanding
                       their employees. The Beehive State is leading the way by putting the Utah           business grow. The locals’ best-kept secret is that this region is
                       Health Exchange in place, a program that gives small business employers             the finest place around to do business.
                       more health insurance options.
                                                                                                       94 rankings
                    58 a Star in the Making                                                                UTAH’S BUSINESS LEADERS
                       What started out as the perfect backdrop for John Wayne and John Ford               Accounting Firms
                       Westerns has grown into a robust and competitive film industry. See why             Law Firms
                       Utah’s film-ready infrastructure is unmatched.                                      Banks
                                                                                                           Commercial Builders
                    62 Journeys of Discovery                                                               Top 50 Public Companies
                       From newly discovered dinosaur fossils to an exquisite symphony perfor-             Top 50 Employers
                       mance, or from extreme mountain adventures to the rare beauty of desert
                       canyons, read how a journey through Utah is a journey that will elevate and     98 resources
                       refresh the spirit.                                                                 ECONOMIC DEVELOPMENT AGENCIES BY COUNTY

  8            Utah Governor’s office of economic Development
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©2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker®       OAC. Not an offer to lend. ©2009 Axiom Financial, LLC is an Equal Housing Lender providing
is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal    mortgage services throughout Utah.
Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential
Brokerage Office Is Owned And Operated by NRT LLC.



                                                                                                                                      www.bUsiness.Utah.Gov             9
GoeD BoarD MeMBerS


                                                                                                                                               BuSiNESS
                                                                                                                                               utAH
                                                                                                                                              Publisher
                                                                                                                                              Tyler Dabo
                      Ragula Bhaskar                            Mike Dowse                              Jack Brittain
                      fatPipe networks, Inc                     amer Sports                             vP technology venture                 Editor
                      Dr. Ragula Bhaskar is President           Dowse is the President of Amer Sports   Jack Brittain, PhD, is the U’s        Sarah Ryther Francom
                      and CEO of FatPipe Networks, the          Winter & Outdoor Americas (Ogden).      Tech Ventures VP Tech Ventures
                                                                                                                         .
                      inventor of patented router-clustering    He previously worked for Suunto,        commercializes U technologies         Supervising Editor
                      technology.                               Nike, and Wilson.                       and ranks second to MIT in            Michael G. Sullivan
                                                                                                        number of spinoffs per year.

                                                                                                                                              Contributing Editors
                                                                                                                                              Linda T. Kennedy
                                                                                                                                              Candace M. Little
                                                                                                                                              Kimball Thomson
                                                                                                                                              Clark Caras
                                                                                                                                              Tracie Cayford
                                                                                                                                              Gary Harter
                      Peter Mouskondis                          Jerry Oldroyd                           Stanley Ellington                     Leigh von der Esch
                      President and Ceo                         Ballard Spahr andrews                   Utah Black Chamber
                      nicholas & Company                        & Ingersoll                             of Commerce                           Contributing Writers
                      Westminster College Foundation            Oldroyd is a partner in the             Retired administrator from the        Heather Beers
                      Board Member, IFDA Board Member,          Business & Finance Department and       United States Air Force. Executive    Mark Dayton
                      Independent Marketing Alliance Board      Communications Group, and a             Director of the Utah Black Chamber    Lindsey Hannay
                      Member, and Markon Board Member.          trustee of Utah Technology Council.     of Commerce and Chair of United 4     Tom Haraldsen
                                                                                                        Economic Development.                 Melanie Johnson
                                                                                                                                              Peri Kinder
                                                                                                                                              Heather King
                                                                                                                                              Alex Koritz
                                                                                                                                              Pamela Ostermiller
                                                                                                                                              Gretta Spendlove
                                                                                                                                              Heather Stewart
                                                                                                                                              Larry Warren
                                                                                                                                              Hilary Ingoldsby Whitesides
                      Mel Lavitt                                Amy Rees Anderson                       James Lee Sorenson
                      needham and Company, llC                  Mediconnect                             Sorenson Companies                    Designer
                      Lavitt’s career in investment             Amy is the CEO of Mediconnect           James Lee Sorenson is a nationally    Ryan Mansfield
                      banking has included hundreds of          Global, Inc. In 2007, Amy received      recognized business leader and        Don Hatchell
                      capital market transactions               the Ernst & Young Entrepreneur of       entrepreneur with a proven record
                      accounting for several billion            the Year Award and she was featured     ofsuccess in the varied fields of     Photo Editor
                      dollars of equity and debt financing.     on the cover of Inc. magazine and       technology, life science, real
                                                                other national publications.            estate and venture capital.
                                                                                                                                              Weston Wride

                                                                                                                                              Advertising Consultants
                                                                                                                                              Jessica Henning
                                                                                                                                              Brett McDermaid
                                                                                                                                              Kip Kuroski
                                                                                                                                              Matt Wilson

                                                                                                                                              Business Manager
                                                                                                                                              David Sampson
                       Molonai Hola                             Nikos M. Linardakis                     Rob Adams
                       Icon Consulting Group                    tharos laboratories, Inc                e.D. Beaver County                    Cover Image
                       Hola is President and CEO                nutrilite                               economic Development Corp.            Erik Östling
                       of Icon Consulting Group.                Linardakis is a physician executive     Currently serves as the
                       Thunderbird International Business       and founder of Tharos Laboratories.     Executive Director for the            Published by:
                       School graduate with a Master’s          He is also Executive Producer for       Beaver County Economic
                                                                Olive Film Productions and author.      Development Corporation.
                                                                                                                                              Utah Business Publishers, LLC
                       in International Management.                                                                                           859 W. So. Jordan Pkwy, Ste. 101
                                                                                                        Rob is a licensed real estate
                                                                                                        broker with Coldwell Banker.          South Jordan, UT 84095
                                                                                                                                              Tel: 801-568-0114
                                                                                                                                              Fax: 801-568-0812
                                                                                                                                             © Copyright 2010 by Utah Business Publishers. All rights
                                                                                                                                             reserved. Business in Utah 2010 is published through a
                                                                                                                                             contractual agreement with Governor’s Office of Eco-
                                                                                                                                             nomic Development (GOED). Every effort has been
                                                                                                                                             made to ensure the accuracy of the information herein.
                                                                                                                                             However, Utah Business Publishers and the GOED are
                       Mary Draper                              Clifford D. White                                                            not responsible for any omissions or errors that might oc-
                       lowell Bennion Service Center            Capital Consultants                                                          cur. Furthermore, advertising material is the responsibility
                                                                                                                                             of the individual advertisers and appearance in Business
                       University of Utah                       Businessman, Investor and Financial                                          in Utah 2010 does not necessarily reflect an endorsement
                                                                                                                                             of the product or service contained in the advertising by the
                       Draper is a graduate of the University   Planner. Active in Utah community                                            publisher or GOED, nor are the publisher or the GOED re-
                       of Utah and the J. Reuben Clark Law      service for 42 years.                                                        sponsible for the contents of individual advertisements.
                       School. She works at the University                                                                                   Reproduction in whole or part of any text, illustration or
                                                                                                                                             photography without the express written permission of
                       of Utah.
                                                                                                                                             the publisher is prohibited.



     10              Utah Governor’s office of economic Development
THIS IS WHEN
HAVING NATIONALLY-
RENOWNED HEALTHCARE
REALLY MATTERS.




              At Intermountain Healthcare, we use evidence-based
              medicine to develop best practices. As an example, we’ve
              reduced the average heart attack treatment time to
              67 minutes, beating the national goal by 23 minutes.
              This focus on best practices is not limited to heart care.
              We’re working to improve hundreds of clinical processes
              in the areas of cancer, intensive medicine, women and
 Healthcare   newborns, pediatrics, and other specialties. Our efforts
              have been noticed by many publications, and political
              and medical leaders. That matters only because we’re
              striving to provide the quality care our patients need.
              There is much more to be done, but we are committed
              to our mission of providing excellent healthcare. To
              learn more, visit www.intermountainhealthcare.org.



                                                           www.bUsiness.Utah.Gov   11
12   Utah Governor’s office of economic Development
For businesses looking to expand or relocate in the        for companies in need of a large footprint, and our
western U.S., Tooele County, Utah is the strategic site.   permitting process is convenient and fast. Our quality
Just 35 minutes west of Salt Lake City, we’re smack        of life is extraordinary with picturesque valleys,
dab in the middle between the Rocky Mountains,             mountains and the Great Salt Lake. We’re also home
the Paci c Coast, Canada and Mexico. In addition to        for the world-famous Miller Motorsports Park, and
being centrally located with superb Interstate, rail       Utah’s renowned ski resorts are less than an hour
and airport service, Tooele County has competitive         away. For businesses searching for the strategic site,
land prices, utility costs, and wage rates. We also        the choice is Tooele County, Utah—where industry
have an educated and eager workforce that will             and opportunity meet every day.
take your company to the top. We have lots of land


  Reckitt Benkiser




                                                                                                                    Bailac

For more information
435.843.4792
Tooele County Economic Development
47 S. Main St.,
Tooele, UT 84074
www.tooeleeconomicdevelopment.com
www.ExploreTooele.com

                                                                                                                                   Aerial view of Tooele City,
                                                                                                                                       Utah Industrial Depot
                                                                                                                                  and the Oquirrh Mountains
                                                                                                                             www.bUsiness.Utah.Gov     13
Res olve
of a
Native s oN
Governor Gary r. Herbert’s vision
for UtaH’s economic fUtUre
By KimBall Thomson | PhoTograPhy By EriK ÖsTling




             #
              1       economic outlook Rich StateS, PooR StateS
                      alec- laffer state economic competitiveness inDex




14   Utah Governor’s office of economic Development
www.bUsiness.Utah.Gov   15
it is clear to anyone who has seen Utah’s 17th governor
in action that he has a deep and abiding rooting interest
in Utah—one that extends far beyond the professional
into the realm of the highly personal.

Born in american fork in Utah County, Governor Gary R. Herbert grew
up two towns over in orem, where he graduated from orem High school
before attending BYU in neighboring Provo. after serving six years in
the Utah army National Guard, Governor Herbert established two
businesses—Herbert and associates Realtors and the Kids Connection
childcare service—in the state. He and his wife, Jeanette, are parents of
six children, all of whom they raised in the Beehive state. Herbert was
elected Utah’s lieutenant Governor in 2004 on the Huntsman-Herbert
ticket, and became Governor Herbert in august 2009.
    this native son and lifelong Utah resident views his role as Governor
as that of steward in chief of america’s most dynamic economy.
    “Utah has established a real legacy for excellent management,” says
Governor Herbert. “i am committed to keeping the state on the right
course and to setting an example of what a state can and should be in
terms of high-quality, responsible governance.”

                                                   A Running StARt
                                                   Governor Herbert is off to a strong running       the state’s responsible fiscal management and
                                                   start. aided by his active leadership, both as    discipline.
                                                   lieutenant Governor and as Governor, Utah            Utah garnered the nation’s top spot in
                                                   has been named Best Managed state by the          Forbes magazine’s 2009 state by state Debt
                                                   Pew Center for Research on the states. the        Weight scorecard, based on 12 leading eco-
                                                   study ranked states based on the quality of       nomic factors, reinforced by the state’s aaa
                                                   their management of budgets, staff, infrastruc-   bond/credit ratings from Moody’s and stan-
                                                   ture and information—including such factors       dard & Poor’s, and its exceptionally low 2009
                                                   as recruitment and retention of qualified em-     per capita debt of $447.
                                                   ployees; use of information and technology;          in Governor Herbert’s first year of leader-
        “If I were your financial                  management of budgets and purchasing sys-         ship, the state also ranked first for economic
              advisor, I would tell                tems; and planning for improvement of roads,      outlook in the Rich states Poor states study
                                                   bridges and other core infrastructure.            by the aleC-laffer state Competitiveness
         you without hesitation,                       leading analysts have also identified Utah    index. the study contrasted “many states
                     ‘Buy Utah!’”                  as the state best positioned to achieve a safe    that are ‘getting it wrong’ in terms of policy
                                                   landing as the nation and world emerge from       and business friendliness” to Utah, which it
        Utah Governor Gary r. herbert              the sustained economic downturn that began        described as “unique in that its leaders are
                                                   in November 2007. the american legislative        making some very conscientious decisions to
                                                   exchange Council has ranked Utah Number 1         improve their business climate and to make it
                                                   for expected economic Recovery, based on the      clear they are open for business and are not go-
                                                   state’s sound economic approach of minimiz-       ing to tax you out of existence.” Utah climbed
                                                   ing taxes, spending and regulatory burdens,       from 9th to a close 2nd in the Pollina Corporate
                                                   and creating an environment of economic op-       “top 10 Pro-Business states for 2009: Rebuild-
                                                   portunity and growth. this success rests on       ing america’s economic Power.”




16   Utah Governor’s office of economic Development
Spencer p. eccleS
                                                                                      goED ExEcUTivE DirEcTor

                                                                                      Leading the Economic
                                                                                      Development Charge
                                                                                       By Heather Beers         UTah’s hisTory is filled with innovation and
                                                                                                                vision, and perhaps no one reflects that legacy
                                                                                                                as much as the new executive director of the
                                                                                                                governor’s office of Economic Development
    conveRting chAllengeS                                                                                       (goED), spencer P. Eccles. The combination of
    into oppoRtunitieS                                                                                          his heritage and background enables him to lead
    Utah’s continuing drum beat of accolades                  for example, the challenge of teaching            Utah’s economic growth in significant ways at a
    underscore the deftness with which its lead-           and training the nation’s youngest and fast-         critical time.
    ership has undertaken the real and pressing            est-growing school age population holds the               he is a member of a legendary Utah fam-
    challenges it faces.                                   intrinsic opportunity of having an able and          ily. marriner eccles, the son of the nineteenth-
        Utah’s demographic situation—with the              ready workforce to fuel Utah’s many dynamic          century industrialist David eccles, served as the
    second highest rate of population growth in            entrepreneurial growth companies. the key to         chairman of the federal reserve for 16 years un-
    the nation, accelerated by the country’s high-         creating and leveraging these opportunities,         der roosevelt and established the eccles name as
    est birth rate and the largest average house-          Governor Herbert maintains, is to empower            well as the state of Utah in the mind of the nation.
    hold size—creates a singular set of challenges         the state’s private sector and create effective      the eccles family founded first security bank in
    and opportunities for the state.                       collaborations between Utah’s business, gov-         Utah and over the years, their name has become
        “We have larger families, high birth rates,        ernment and education communities.                   synonymous with civic responsibility.
    a younger population, which places a tremen-                                                                     spencer’s father, spencer f. eccles led first se-
    dous demand on education,” says Governor               the thRee e’s: educAtion, eneRgy                     curity from 1970 until it merged with wells fargo
    Herbert. “this aspect of our demographics is           And economic development                             in 2000. the family has long been committed to
    truly unique in the United states. to be able to       the need for the economic accelerators of            serving the community, elevating the arts, health,
    train and educate such a fast-growing popula-          empowerment and collaboration is most ap-            and education in the intermountain region for
    tion, which adds another 10,000 to 12,000 stu-         parent in the three top priority areas for the       decades. as the great grandson of David eccles,
    dents every year to the education system, with         Herbert administration: education, energy and        spencer p. has an enormous sense of stewardship
    the smallest base of taxpayers relative to our         economic development.                                passed down through the family and has proven
    population of any state, is something no other                                                              himself a rising star in his own right.
    place in america has to face.                          Excellence in Education.                                  spencer’s professional career includes work-
        “there is no question that this is a time of       education is a high-stakes issue for Utah—one        ing with wells capital management’s salt lake
    real and sustained economic challenges,” says          that requires bold and visionary leadership.         office which manages over $2 billion in assets.
    Governor Herbert. “No state is immune to the           “the number one challenge we have right now          he also worked with the olympic committee for
    effects of the downturn in the national and            is, ‘How do we pay our way when it comes to pro-     five years and led over 1,500 volunteers and staff
    international marketplace, but we are going            viding government services that everyone wants       during the 2002 olympic winter Games as the
    to meet our responsibilities head on and turn          and needs, education in particular, and do it with   competition manager of the snow basin venue.
    them into opportunities for us going forward.”         less money?’” says Governor Herbert.                 he started his own venture capital company that
                                                                                                                invests in early stage companies and he currently




 1
                                                                                                                sits on four company boards. mr. eccles has also
                                                                                                                managed the family’s office encompassing sev-
       #           moSt dynAmic economy                                                                         eral of his family’s businesses including three




1
                   KaUffman 2008 state new economy inDex                                                        ranching operations. spencer carries on his fam-
                                                                                                                ily’s sense of responsibility, having served on nu-
#          hAppieSt u.S. StAte



    2
                                                                                                                merous private boards and serving as president
           msnbc - GallUp                                                                                       of the first security foundation and advising the
                                                                                                                George s. and Dolores Doré eccles foundation.
                      #            AmeRicA’S heAlthieSt StAte



  3
                                                                                                                     now, spencer p. eccles has stepped away
                                   Forbes maGazine                                                              from the private sector – all because of a call from
                                                                                                                Governor Gary r. herbert. “when the governor
            #           BeSt StAte FoR BuSineSS



5
                                                                                                                calls, you pick up the phone,” spencer joked. “it
                        Forbes maGazine                                                                         was completely unanticipated. but, because
                                                                                                                of my love for Utah and my desire to give back
#          AmeRicA’S top StAteS FoR BuSineSS - 2009



   1
                                                                                                                – the request got my attention, and i felt that it
           cnbc                                                                                                 was important to take the opportunity to serve as
                                                                                                                the Governor’s office of economic Development
                  #         expected economic RecoveRy                                                          (GoeD) executive director.”              continued >
                            american leGislative exchanGe coUncil

                                                                                                                                   www.bUsiness.Utah.Gov          17
to answer the imperative of optimizing
    cost-effective government services, Governor                                                                    since spencer stepped into the GoeD office,
    Herbert formed the Utah advisory Commis-                                                                    he has deftly applied his business acumen to the
    sion to optimize state Government last sep-            Energizing Economic Development.                     governor’s vision for promoting economic devel-
    tember. led by Norm Bangerter, Utah’s 13th             Utah’s success in funding the education of its       opment, education and energy development. he
    Governor, the commission includes top busi-            populace and fostering continued economic dy-        explained his approach is all about building on the
    ness, education and government leaders from            namism depends, in large part, on the quality and    existing foundation and collaboratively working
    throughout the state.                                  success of its economic development efforts.         with the GoeD team to execute on the Gover-
        “We formed this exceptional collaborative              “economic development and education—             nor’s vision of economic development.
    working group to make sure that we are de-             especially higher ed—are really joined at the
    livering services as effectively and efficiently       hip,” says Governor Herbert. “if our companies
    as possible,” says Governor Herbert. “We are           succeed, there will be more money to put into
    committed to maximizing taxpayer dollars,              the education system. By the same token, if we
    finding savings where we can, and finding bet-         improve our education system, we will have
    ter processes and efficiencies in the system.”         stronger people coming out to develop our
    the group will also explore the implementa-            economy.”
    tion of new technologies to drive efficiencies.            Governor Herbert is a strong believer in the
        the Governor’s overall goal is to deliver          private sector as the ultimate source of eco-
    the highest possible quality of education and          nomic growth: “it is not going to come from gov-
    other services in the most cost-effective man-         ernment – real, abiding solutions to economic
    ner. “i am extremely optimistic that the great         growth never do.”
    people on this commission will find efficien-              in many cases, Governor Herbert believes
    cies,” says Governor Herbert. “it will be hard,        the proper role of government is to “get out of
    but we can do hard things, and excel at them.”         the way” by ensuring that taxation policies are      SuppoRting BuSineSS gRoWth
        in addition to the civic and social welfare ben-   not so burdensome that they thwart the ability       mr. eccles understands that sustainable econom-
    efits of education, Governor Herbert sees a clear,     of the economy, its companies and entrepre-          ic development depends on the state’s efforts to
    reciprocal connection between Utah’s educa-            neurs to prosper and expand.                         improve Utah’s business friendly environment.
    tion system and the state’s continuing economic            “i’m opposed to a tax increase right now,” he    GoeD works to strengthen and grow Utah’s ex-
    dynamism. “education is the glue that holds so         says. “it is just the wrong time to douse these      isting businesses, both urban and rural. it also
    many essential things together,” he says. “You         flickers of recovery with the wet blanket of a       encourages entrepreneurship and investment. it
    cannot have long-term sustained economic suc-          tax increase.”                                       works to attract national and international busi-
    cess without an excellent education program.”              in addition to the direct economic impact        ness. GoeD also supports education for the long-
        Governor Herbert points to Utah’s flagship         of a tax increase during a recession, Governor       term viability of the state.
    research institution, the University of Utah,          Herbert points out the psychological impact of            mr. eccles said that Utah does this in a num-
    which in 2009 tied with Mit for first in the na-       telling companies and entrepreneurs that the         ber of ways. “we have a pro-business governor
    tion for the number of start-ups generated by          needs of government and politicians take pre-        and legislature – with a corporate income tax of
    technology developed at the school. the “U” –          cedence over the needs of business—the pri-          just 5 percent; we’ve kept our tax rates among the
    and Utah’s other major research universities,          mary source of long-term economic growth.            lowest in the nation.”
    Brigham Young University and Utah state Uni-               Yet the Governor sees a strong affirmative            he pointed to several successful corporate
    versity – all excel at developing technologies for     role for government in the state’s economic          incentive programs GoeD administers, which
    commercialization in areas ranging from it             development—helping facilitate and provide           makes expansion in Utah more attractive to
    and aerospace to medical devices, genetic diag-        fertile soil for the entrepreneurs, who will in      growing companies. based on post-performance
    nostics and drug delivery.                             turn create opportunities and grow successful        rebates, GoeD incentives also further the mis-
        “We need to ensure that our education              businesses that provide high-quality jobs.           sion of having a sustainable and fiscally respon-
    system continues to evolve so that our stu-                “in addition to being lean and mean as a state   sible program in Utah.
    dents get the best, most relevant information          government, more than ever before we have an              Governor herbert is ardent about his concern
    available,” he says. “this will enable them to         imperative to take a hands-on approach,” he          for small and emerging businesses and therefore,
    develop the skills and technologies the mar-           says. “We need to work closely with the private      has ensured that his budget provides for the many
    ketplace demands, and to remain on the cusp            sector and empower it to find solutions to the       GoeD business programs
    of technological and economic evolution.”              economic challenges we are facing.”                       along with the state’s supportive business ac-




  10
                                                                                                                tivities, GoeD partners with many groups around
                                                                                                                the state, such as the economic Development
    TOP                        StAteS FoR joB cReAtion



2
                                                                                                                corporation of Utah and the Utah sports com-
                               ihs Global insiGht                                                               mission and the Utah science technology and
                                                                                                                research (Ustar) initiative, among many other
#        pRo-BuSineSS StAteS FoR 2009



    5
                                                                                                                public and private organizations. there are tre-
         pollina corporate                                                                                      mendous resources for people who want to grow
                                                                                                                their business in Utah,” said eccles.
                         #            loWeSt poWeR coStS in the nAtion                                                                                continued >

                                      U.s. enerGy information aDministration

    18   Utah Governor’s office of economic Development
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> Ralph Waldo Emerson
                                                                                     www.bUsiness.Utah.Gov   19
Pure Energy Rush.
                                                        though the Herbert administration is working             when media organizations like Forbes and
                                                        to foster growth in all significant Utah indus-      cnbc rank Utah among the top three states in
                                                        tries, the Governor has singled out energy as a      which to do business, Utah’s productive work-
                                                        top priority. “We have tremendous natural ad-        force is usually one of the top reasons. a strong
                                                        vantages when it comes to energy—and many            educational system is one of the primary con-
                                                        of them are largely untapped,” he says.              tributors to Utah’s stellar workforce.
                                                            in recent years, Utah has significantly in-          eccles talked about Utah’s efforts to improve
                                                        creased its discovery and production of tra-         the communication between three key stakehold-
                                                        ditional fuels, natural gas and other energy         ers: business; education; and government. “we
                                                        sources. (see the “energy and Public Utilities”      have something unique occurring here in the
                                                        section of the 2010 Utah facts Book.)                Utah cluster acceleration partnership (Ucap)
       Governor Herbert’s philosophy carries the            “We are finding vast reserves of natural gas     because it brings industry and academia together
    same resonance as visionary leaders who pre-        and other fuels,” says Herbert. for example,         in powerful ways,” said eccles. he explained that
    ceded him, creating such economic develop-          significant deposits of high-quality, low-paraf-     government works closely with industry and aca-
    ment projects as:                                   fin oil has been discovered in central Utah, aid-    demic leaders to identify the types of students
                                                        ed by new technology. analysts estimate that         and skills that the business community needs.
     The legislative and regulatory environment         there are more than one billion barrels of easy-     educators then develop curriculum to support
     that allowed Utah to become the global             to-refine oil in one of the fields. Juab County in   those needs. these unprecedented partnerships
     leader in the industrial bank industry.            central Utah is home to significant reserves of      are facilitated by a collaborative effort between
     The pioneering Centers of Excellence               bio-diesels and other bio-fuels.                     the Utah Department of workforce services, the
     program, which successfully                            Utah also possesses a massive quantity           Utah system for higher education, and GoeD,
     commercializes technologies that                   of clean coal; its high BtU makes it burn ex-        which help support academia in job training and
     flow out of Utah universities.                     tremely hot, while its low sulfur content en-        placement in one of seven targeted industry clus-
     The Utah Fund of Funds program,                    sures that it burns considerably cleaner than        ters. the Ucap partnership provides just one
     which increases the amount and diversity           coals from other states.                             example of how key governmental stakeholders
     of capital available to promising Utah                 in addition to these traditional fuels, Utah     work together with education and industry.
     entrepreneurial companies.                         is home to a rapidly-growing renewable energy            earlier this year an education partner, the Uni-
     The Utah Science Technology and                    industry, including significant wind, geother-       versity of Utah, through its research and commer-
     Research program, which helps attract              mal, solar and hydroelectric power projects.         cialization efforts, tied massachusetts institute of
     world-class research and commercialization             “thanks to new fuel discovery and capture        technology as the no. 1 campus in the nation for
     talent to Utah universities.                       technologies developed or ‘refined’ at Utah uni-     spinning off companies and Ustar is enhancing
     A variety of award-winning rural economic          versities—which enable us to more effectively        these results through its commercialization ef-
     development programs.                              fracture the rock to find and extract fuel—we        forts. “the legislature has committed $300 mil-
                                                        are literally awash in natural gas, a cleaner fuel   lion through the Ustar program,” said eccles.
        Governor Herbert is fully committed to          than traditional gasoline with respect to green-     “this creates significant private sector opportu-
    building upon this legacy. “Going forward, our      house gases,” says Governor Herbert. “these          nity, because profit is a great motivator.”
    administration will be guided by the questions      fuels, together with our emerging renewable re-          “in addition to our business friendly activities
    of, ‘What we can do to help our homegrown           sources, will allow us to significantly grow our     in the state we recognize that the cost of energy
    Utah companies and entrepreneurial talent           economies in the short-term. and, in the long        is a key component in what business does, and it
    to, first, stop the bleeding, and, next, grow and   term, will help provide energy independence          relates to our ability to attract companies here,”
    expand?’” he says. “We have a tremendous ris-       for america and ‘fuel’ our growing economy.          said eccles. helping supply affordable energy to
    ing generation of entrepreneurial talent with       Utah is poised to become one of the drivers of       the nation and keeping operational costs low are
    extraordinary creativity in business, science       energy independence and growth in the econo-         Utah’s plentiful energy resources, including natu-
    and technology. We are going to do all we can       my not only in Utah, but also nationally.”           ral gas, coal and oil shale fields. alternative and
    to empower them to take Utah to levels of               Bolstered by Utah’s momentum in econom-          renewable energy in the form of wind, solar and
    achievement greater than anything we have           ic development, education and energy, Gover-         geothermal power are also under active develop-
    yet experienced.”                                   nor Herbert is bullish on his state’s present and    ment in Utah.
                                                        future: “if i were your financial advisor, i would
                                                        tell you without hesitation, ‘Buy Utah!’” bU         SuppoRting SucceSS




 1
                                                                                                             with Utah’s pro-business strategies, fiscal re-
                                                                                                             sponsibility, low unemployment, education initia-
         #          moSt dynAmic economy                                                                     tives, and aggressive energy development, eccles




5
                    KaUffman 2008 state new economy inDex
                                                                                                             points out that Utah is poised to lead the nation in
                                                                                                             emerging from its current economic challenges.
#            hAppieSt u.S. StAte



                          2
                                                                                                             when coupled with the self-reliant and produc-
             msnbc - GallUp                                                                                  tive citizens, its vast resources, its quality of life,
                                                                                                             and its innovative industries, it is clear Utah’s
                        #           AmeRicA’S heAlthieSt StAte                                               successful past is merely a prelude to its even
                                    Forbes maGazine                                                          brighter future. bU

    20   Utah Governor’s office of economic Development
©2009 ERNST & YOUNG LLP. Ernst & Young refers to the global

each of which is a separate legal entity.


Young Global Limited operating in the US.




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                                                                                                                          www.bUsiness.Utah.Gov   21
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22   Utah Governor’s office of economic Development
AdvAntAGe
UtAh
Why Utah is the Place
to Grow your Business




SAlt lAke CIty,
doWntoWn RISInG

                        www.bUsiness.Utah.Gov   23
GRoWInG                                                                                            “The incentives will allow us to continue to
                                                                                               expand our operations here in the state,” Nel-




UtAh
                                                                                               son says. “We wanted to be here and I’m glad
                                                                                               that GOED was willing to work with us.”
                                                                                                   Over the next decade, Nelson plans to add
                                                                                               up to 350 new employees, many of them highly
                                                                                               paid scientists and technicians.

Companies Flourish                                                                                 The state of Utah will reap the rewards of
                                                                                               increased taxes—as well as the continued pres-

in the State’s Fertile Soil                                                                    ence of a life sciences company with a global
                                                                                               reach.
                                                                                                   Nelson Laboratories provides analytical
By Heather Stewart                                                                             and microbiological testing services to the
                                                                                               medical device, pharmaceutical and dietary
                                                                                               supplement industries. With a 25-year history
                      Years ago, entrepreneurial success brought Jeff Nelson to a tough        in Utah, the company boasts more than 4,000
                      decision. His company, Nelson Laboratories, faced a crisis of            clients in dozens of countries.
                      growth—its staff of nearly 300 scientists and support personnel              “The presence of Nelson Laboratories in
                      completely filled the company’s facility. But Nelson had plans for       Utah helps grow the life sciences cluster here.
                      even greater growth, so he reluctantly began considering a move to       We are a benefit to the medical device and
                      a new location, even if that meant leaving Utah.                         pharmaceutical companies that might want to
                                                  “It’s a very friendly business environment   move here,” Nelson says.
                                             here,” Nelson says. “But as a businessman, I
                                             knew that all the cards were on the table.”       An InCentIve to GRoW
                                                  Fortunately, the Utah Governor’s Office      Utah is well known for its sunny, desert climate
                                             of Economic Development (GOED) stepped in         featuring red sand dunes and high mountain
                                             with post-performance tax credit incentives       peaks. But the state has also been long recog-
                                             that made it possible for Nelson to expand        nized for its incredibly fertile business climate,
                                             onto his current facility, nearly doubling the    which has enabled companies of every kind to
                                             space to approximately 110,000 square feet.       thrive and grow.




                   1                        nelSon lABoRAtoRIeS


24   Utah Governor’s office of economic Development
Jeff NelsoN
                                  NeLsoN LaBoratories

                                  Building a Business in Utah


    The fact is Utah has all the right environ-
mental factors to help companies succeed. The
cost of doing business is low, the local work-
force is young and educated, and a great qual-
ity of life attracts top talent from around the
world. On top of that, the state’s research uni-
versities and vibrant community colleges turn
out a fresh crop of graduates each year.
    All of these factors contribute to the suc-
cess of a wide range of companies, from fi-
nancial powerhouses like Goldman Sachs to
defense contractors such as ATK. Information
technology companies like Overstock.com
have also found a happy home in the Beehive
State.
    Omniture, a Web-analytics company, is a
classic Utah success story. Founded in 1996,       NeLsoN LaBoratories, a contract laboratory               nelson says the key to his company’s success
the high-tech startup quickly grew into a dom-     that provides analytical and microbiological         in Utah has been the state’s centered location and
inant worldwide presence with 1,200 employ-        test services to manufacturers in the medical        cluster initiative. “we have great access to reach
ees based around the globe. Omniture recently      device, pharmaceutical/biopharmaceutical, di-        clients on the west coast and the east coast. it
agreed to be acquired by Adobe Systems in          etary supplement and tissue industries, first        couldn’t be a better location,” he says, adding,
order to further expand its reach and its offer-   opened its doors in 1985 near the University of      “we’re excited to see the state’s cluster initiatives
ings. The company will continue to operate out     Utah. initially employing only five individuals,     which will help specialized companies do well.
of Utah as a division of Adobe.                    the company has since grown to more than 290         GoeD is really making it easier for companies to
    Utah’s great business climate is no acci-      scientists and staff. among them are more than       move to Utah. the state is also developing a tal-
dent—it’s nurtured and protected by GOED.          110 degreed scientists of which more than 45         ented workforce that’s really exciting.”
“When Governor Gary Herbert took office, he        are registered and microbiologist specialists.           nelson laboratories was recently awarded an
wanted us to put a special emphasis on helping          when the company needed to expand its fa-       incentive to expand in the state, but nelson says
local companies expand,” says Derek Miller,        cility to make room for its phenomenal growth,       the incentive was only the icing on the cake.
managing director of GOED. ”We recognize           Jeff nelson, ceo, says he never seriously con-       “GoeD didn’t just give us money, they gave us an
that our best customer is our current custom-      sidered taking the lab outside of Utah. that’s       incentive to create jobs,” he says. “GoeD is work-
er, so as long as we have businesses here in the   because from day one Utah proved to have what        ing for the state and holding companies account-
state, we are going to help them grow.”            the company needed to succeed.                       able to produce. overall, GoeD and the local gov-
    What is the best catalyst? For corporate            “we have had really good luck being in Utah,”   ernment of taylorsville were great to work with.
growth it is tax relief. GOED uses post-perfor-    says nelson. “when it came to considering where      they’ve helped me learn a lot about the local
mance tax incentives—like the ones that Nel-       to locate, it was an easy choice for several rea-    structure and economic development of Utah.
son Laboratories received—to help companies        sons—Utah had everything we needed.”                 they really spent time teaching us about all the
expand their operations in Utah.                                                                        different ways they could support us. they were
                                                                                                        patient with me as a business owner—they
                                                                                                        walked me through the process and listened to
  “The current economy is causing companies                                                             our needs. it’s been a real partnership.”
  to think about ways to save money, and that
  includes looking at Utah.”
  JoSh Romney, Governor’s policy aDviser




                                                                                                                           www.bUsiness.Utah.Gov         25
“The current economy is causing compa-
                                                     nies to think about ways to save money, and
                                                     that includes looking at Utah,” Miller says.
                                                         Web-auction company eBay, for example,
                                                     recently decided to close down an operation
    These incentives only take effect when a         outside of the U.S. and greatly expand its pres-
company actually expands and adds workers            ence in Utah.
to its payroll. If the company ends up paying in-        With the financial backing of some post-            For example, GOED’s Miller points to the
creased corporate wage, withholding taxes and        performance incentives, eBay is constructing        Procurement Technical Assistance Centers,
sale taxes, it could receive a refundable credit     a new data center that will create 50 new posi-     which “help small businesses navigate the
for up to 30 percent of those increased taxes.       tions, and it is currently adding 400 new jobs to   difficult waters of government contracts.”
    “We don’t leave bags of money on a leader’s      its customer support center.                        Counselors from the centers walk companies
doorstep and hope something will happen,”                Post-performance tax incentives made a          through the process of registering and submit-
says Miller. “There’s no up-front money.” In-        significant difference in the company’s deci-       ting proposals for federal, state, local and mili-
stead, companies enter into a contract with          sion to invest further in Utah, according to        tary contracts.
the state in which the company agrees to ex-         William Lasher, senior director of indirect and         According to Miller, the Procurement
pand its operations in the state, hire new work-     multi-state taxes for eBay. “A lot of factors go    Technical Assistance Centers helped Utah
                                                                                                         companies score over $370 million in govern-
                                                                                                         ment contract work in just the first half of the
                    “We recognize that our best customer                                                 fiscal year.
                    is our current customer, so as long as we                                                GOED’s International Trade and Diplo-
                                                                                                         macy Office aids local companies as they work
                    have businesses here in the state,                                                   to expand their reach into global markets. The
                    we are going to help them grow.”                                                     team connects Utah businesses with potential
                                                                                                         international partners and markets. The office
                    deRek mIlleR, manaGinG Director of GoeD
                                                                                                         also relies on diplomacy to open up new foreign
                                                                                                         markets and educate the world about valuable
ers at wages that are at least 125 percent of the    into site selection,” he says. “Tax costs are one   industries in Utah.
county average (in urban areas) and commit to        of them. We do a comprehensive analysis of              Utah’s rural areas often provide an ideal
remain in Utah.                                      the tax situation for each site under consider-     business solution, with easy access to trans-
    These post-performance incentives could          ation.”                                             portation corridors, an ample workforce and
come into play in a variety of situations: when          However, tax relief was not the only reason     many natural resources. On top of these as-
a company simply wants to expand with new            Utah became eBay’s top choice.                      sets, the state offers fast-track grants and in-
offerings or products, when a company consol-            “Utah has an educated and diverse work-         centives for companies to expand and grow in
idates operations into Utah, or when a merger        force,” says Lasher. “The community is well         Utah’s rural communities.
or acquisition results in a greater corporate        suited for eBay, with great language, commu-            Agriculture is a large component of Utah’s
presence in Utah.                                    nication and technology skills.”                    economy, and a local organization is work-
    The latter situation was the case for the for-       Lasher also credits GOED with helping           ing to bolster the state’s many food producers,
mer Huish Detergents, a Utah-based company           smooth out the difficulties inherent in an ex-      manufacturers and distributors.
that was acquired by Connecticut-based Uni-          pansion project of this size. “The officials at         The Utah’s Own program was originally
lever in 2008. Together, the companies formed        GOED helped us build relationships in the           launchedbytheUtahDepartmentofAgriculture
Sun Products Corporation.                            business community and with other govern-           and Food, but has expanded over the years with
    The parent company initially looked at           ment agencies,” he says. “They helped expedite      backing from the state legislature. Utah’s Own
moving the Utah operations to Connecticut.           decisions and cut through some red tape.”           encourages state residents to support home-
“We engaged with Sun Products and talked                                                                 grown companies by choosing local products.
to them about not only keeping the Utah jobs         CUltIvAtInG loCAl ComPAnIeS                             The program started out promoting a small
here, but moving new jobs to Utah as well,”          Financial incentives are just the tip of the ice-   handful of Utah-brand food products, but has
Miller says.                                         berg when it comes to state support of local        grown to encompass hundreds of food produc-
    Now, Sun Products is in the process of a $14     businesses. GOED has several programs that          ers and manufacturers, as well as other agri-
million expansion of its Utah facilities.            contribute to the success of companies in all       cultural products like natural-fiber fabrics and
                                                     regions of the state and in every industry.         soaps.
A GReAt vAlUe                                                                                                “At GOED, our number-one priority is cre-
Indeed, companies worldwide are taking a new                                                             ating jobs,” says Miller. “Utah is blessed to be in
look at Utah as a viable site for doing business—                                                        a situation where we have the workforce, the
whether it’s a manufacturing plant, an IT com-                                                           quality of life and the right business climate to
pany, or a new corporate headquarters.                                                                   attract and grow outstanding companies.” BU


26   Utah Governor’s office of economic Development
In Utah
        We speak
Spanish, German, Chinese,
      C++, Java and
   137 other languages
          Daily
            It might come as a surprise to some people that Utah has
          one of the most diverse language populations in the country.


                              But in Utah there is more . . .
          We have the youngest workforce in the nation at 28.5 years.
           Our workforce is also highly skilled and productive. Just ask
          Microsoft, Disney Interactive, Oracle and eBay. They have all
                 recently expanded in Utah. Maybe you should too!


                       Call us today and we can help you find a
                         great place for your business in Utah.




324 S. State Street, 5th Floor • Salt Lake City, Utah 84111 • (801) 538-8700 • www.business.utah.gov



                                                                                     www.bUsiness.Utah.Gov   27
BRInGInG It
                                                                                                 StRAteGIC FoUndAtIon
                                                                                                 Several unique program components have
                                                                                                 been instrumental in Utah’s success. The
                                                                                                 starting point is a clear, well founded strategy
                                                                                                 driven by the State’s innovative Targeted Eco-




home
                                                                                                 nomic Cluster approach. Directors in different
                                                                                                 strategic business areas provide focus and pri-
                                                                                                 ority for highly attractive segments of econom-
                                                                                                 ic development emphasis. “Cluster directors
                                                                                                 help identify targets for what’s currently hot

Responsible Recruiting                                                                           and what’s coming down the road,” says Derek
                                                                                                 Miller, managing director for Business Growth

Funds Utah’s Growth
                                                                                                 at GOED. “Utah’s competitive advantages are
                                                                                                 articulated in these cluster strategies in the
                                                                                                 form of our strengths and natural abilities that
By Mark Dayton                                                                                   will translate into recruiting advantages.”
                                                                                                     A good example of this targeted approach
                                                                                                 is in the digital media sector. For a number
                                                                                                 of years Utah has been developing a growing
                                                                                                 depth of digital media talent, through strong
                                                                                                 university programs at the University of Utah,
                                                                                                 Brigham Young University and Utah Val-
                       over the past few years a steady stream of announcements have             ley University, and an increasing number of
                       hit the press regarding major companies who are expanding opera-          skilled entrepreneurial startup “alums” with
                       tions to the state of Utah. Driving past some of these major new          hands-on, in-the-trenches experience. “In the
                       business installations gives the sense that things are happening in       past, we trained all of these good people, and
                       Utah, despite the grip of recession that has all but crippled many        the best and brightest were recruited out of
                       other areas of the country. and indeed things are happening. over         state,” says Miller. “By combining this valuable
                       the past three years, Utah has successfully landed 31 out of 32 ma-       talent resource with Utah’s outstanding qual-
                       jor relocation/expansion deals it has competed on.                        ity of life, business environment and other ad-
                                                    However, the excitement around that lev-     vantages, we are attracting major companies
                                              el of success can create the illusion that these   that will provide jobs and keep our talent pool
                                              things “just happen” through the mysterious        in the State.”
                                              operations of the market. While Utah intrin-           A growing list of companies are leveraging
                                              sically has much to offer, behind the growth       Utah’s winning combination of factors in this
                                              is a well-oiled machine that has compiled          buoyant sector, including Disney Interactive
                                              an impressive record of maximizing Utah’s          (video games), EA Arts (sports video games),
                                              strengths to recruit some of the world’s pre-      Sandman Studios (digital effects for movies




                 2
                                              mier companies to the Beehive State.               like Shrek, Pushing Daisies) and Niche Studios
                                                    The recruiting machine is built and man-     (digital effects). “They have all discovered eco-
                                              aged primarily by the Governor’s Office of         nomic and talent recruitment/retention ad-
                                              Economic Development (GOED). After sys-            vantages in Utah versus traditional Southern
                                              tematically planning their approach several        California locations,” says Miller.
                                              years ago, the group has gone about orchestrat-
                                              ing a highly attractive and effective program
                                              of creating strong win-win partnerships with
                                              a growing list of marquee companies anxious
                                              to leverage the native and program/incentive
                                              benefits the state provides. The approach re-
                                              lies on sound strategy, creative public/private
                                              partnerships, strong business fundamentals
                                              and commitment to an open partnering ap-
                                              proach focused on long-term success and em-
                                              ployee satisfaction.




                                                                                                 SAndmAn StUdIoS, vISUAl FX FoR Pushing Daisies.
28   Utah Governor’s office of economic Development
William lasher
                                   seNior DireCtor, eBaY

                                   Why eBay Chose Utah                                       By Linda T. Kennedy




PUBlIC/PRIvAte ReCRUItInG
PARtneRShIPS
With strategies solidly in place, the machine
next shifts into active recruitment gear through
a partnership with the Economic Development
Corporation of Utah (EDCU). This private-
sector organization provides the expertise,
relationships and manpower to recruit com-
panies and manage prospective opportunities
through the process. “They are our boots on the
ground, knocking on doors, making the pitches
and nurturing the relationships,” says Miller.
“We have a strong partnership with them that
has worked extremely well, saving us the need
to staff up to try and do it internally.”
    In addition to proactive personalized re-
cruitment efforts, the state also works through     FoUNDeD iN 1995, eBay is known the world                 in June 2008, the company announced that
consulting organizations that focus on corpo-       over for global commerce and providing inter-        it would be adding a 250,000-square-foot data
rate site selection activities. These partners      net platforms for payments and communica-            center to Utah. and in may 2009, ebay brought
work through industry associations, maga-           tions. it has expanded to include some of the        200 new full-time positions to its customer sup-
zines and other mediums to ensure that Utah         strongest brands in the world, including PayPal,     port operations. less than a half year later, in oct.
is well represented in the coverage and rank-       skype, shopping.com, stubHub, rent.com, Half.        2009, ebay decided to expand its Utah workforce
ings provided to site selection decision makers     com and others. and its operations have also         again, adding 207 additional positions.
in target companies.                                expanded beyond it’s headquarter offices in san          the economic Development tax increment
                                                    Jose, California to Draper, Utah.                    financing ebay received from the state of Utah
leveRAGe the FUndAmentAlS                               “ebay chose Draper city for a customer sup-      coupled with incentives received from local cities,
Having engaged potential companies in the site      port center in 1999 primarily because of the         were helpful when ebay had to make a quick deci-
selection process, the recruiting discussion        quality of the workforce, favorable business         sion on where to locate the new U.s. employees.
shifts to detailed analysis of business funda-      climate and proximity to san Jose,” says wil-        but lasher says ebay was especially surprised
mentals, an area where Utah consistently ranks      liam lasher, ebay senior director, indirect and      with the level of involvement these organization
extremely high on three of the most crucial         multistate taxes. “as the Draper facility grew,      had in helping ebay solve its problems.
measures. “Almost without exception, compa-         we became increasingly aware that the business           “if we encountered an issue or an opportu-
nies who have located in Utah cite three impor-     conditions in the state were ideal.” so ideal that   nity that we needed assistance with, we would
tant differentiating factors: workforce, business   over the next 10 years, Utah’s ebay staff grew to    place a call and within hours, we would usually
environment and quality of life,” says Miller.      1,000 employees, and the company decided to          have a reply,” he says, adding that in the rare
                                                    further expand its local operations.                 case someone didn’t have an answer, they would
                                                                                                         always provide ebay with an alternative contact.
                                                                                                         “GoeD did more than process our application
  “Almost without exception, companies who                                                               for incentives; they did whatever they could to
                                                                                                         make it easy for ebay to do business in Utah.”
  have located in Utah cite three important
  differentiating factors: workforce, business
  environment and quality of life.”
  deRek mIlleR, manaGinG Director of GoeD




                                                                                                                            www.bUsiness.Utah.Gov         29
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Utah Business 2010

  • 1. ELEVATING REGION GROWTH BY REGION Why Utah is the Opportunity Place to Build Thrives in the Your Business Beehive State EMPOWERING BUSINESS INSIDE AMERICA’S MOST DYNAMIC & INNOVATIVE ECONOMY
  • 2. At First Utah Bank, we respect the small - especially small businesses. We know you are the true backbone of our community. And when it’s time to update your equipment, build your inventory, or improve your facilities, we want you to talk to us first. Visit us at www.Firs tUtah Bank.com/sba or give us a call at 801.478.2303. 2 Utah Governor’s office of economic Development
  • 4. Governor’S letter Office of the Governor Salt Lake City, Utah 84114-2220 Dear Business Leader: Welcome to Business in Utah, a publication by the Governor’s Office of Economic Development designed to assist you in becoming more familiar with the business friendly environment and regions in our state. During my extensive travels around the state, I am repeatedly reminded of the many good reasons Utah is regularly praised as a great place to do business. Our preeminence is because we work to our unique strengths, we are innovative and we maintain an attitude of success. With each ranking and accolade we receive, we continue to demonstrate that Utah has the hottest business economy in the nation. These recognitions are many, and they are growing. Utah is ranked No. 1 by the American Legislative Exchange Council (ALEC) as the state with the best “Economic Outlook,” and the Pew Center has named Utah as the “Best Managed State” in the nation. No wonder numerous organizations call Utah “best for jobs” and “best for business,” rankings that reflect the work and commitment of Utah’s successful business community. Our talented citizens comprise one of the most productive workforces in the country. Companies as diverse as Disney, Edwards Lifesciences, P&G and eBay all call Utah home, and have expanded their presence even during our nation’s downturn. Utah shows signs that our dynamic economy is once again taking off in a number of business sectors, including international export, finance, lifesciences, IT and software development. Economic development in Utah will remain one of my top priorities, along with a dedication to public and higher education and development of Utah’s energy resources. Together, with our business community and our citizens, we have built a strong economic base that is a strong stabilizing force. Utah is truly a “State of Opportunity,” and we are ready to grow – today and well into the future. Sincerely, Governor Gary R. Herbert State of Utah 4 Utah Governor’s office of economic Development
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  • 6. We’re generating more than just power. We’re generating answers. We’re all working harder to save money these days. Whether you’re a small or large business, our FinAnswer ® programs have energy-saving solutions and incentives that will help your business be more efficient. You’ll also find all the help you need in our Business Solutions Toolkit – energy calculators, expert advice and industry specific solutions. Sign up today and get the answers that will make your business more energy efficient and reduce its 2010 Rocky Mountain Power environmental footprint. To learn more, visit rockymountainpower.net/toolkit. 6 Utah Governor’s office of economic Development
  • 7. MOUNTAIN MEETINGS ARE CLOSER THAN YOU THINK snowbird resort and conference center Snowbird’s mountain village offers over 500 guest rooms, 32 meeting rooms and 50,000 square feet of event space for groups. Enjoy our year- round outdoor activities, restaurants, ski in/out access and world-class Cliff Spa. Only 6 miles up scenic Little Cottonwood Canyon and only 29 miles from Salt Lake International Airport. 1-800-882-4766 groupsales@snowbird.com www.snowbirdmeetings.com www.bUsiness.Utah.Gov 7
  • 8. taBle of ContentS 14 Cover StorY resolve of a native Son Governor Gary r. herbert’s vision for Utah’s economic future Utah has been a clear leader in sound government based on long-term planning and effective management. Read how Governor Gary Herbert’s pro-business vision is fostering economic opportunity and growth. leading the economic Development Charge As executive director of the Governor’s Office of Economic Development, Spencer P. Eccles has positioned the state for responsible economic growth. Features 66 at the Crossroads 24 Growing Utah St. George, Salt Lake City and the Ogden corridor have long been Utah is well known for its desert climate, but it also has incredibly fertile known as the crossroads to the American West. Today these ground for business development and growth. Read how several local three cities are more than transportation hubs; they are desired companies are expanding with post-performance tax credit incentives. locations for new warehousing, manufacturing and distribu- tion centers. Read how major companies like Procter & Gamble, 28 Bringing it home Walmart and consumer products manufacturer Reckit Benckiser Behind Utah’s growth is a well-oiled machine that has maximized the are taking advantage of local logistics. state’s strengths to recruit some of the world’s premier companies. See how the state’s innovative targeted economic cluster approach is driving results. regions 72 Wasatch front: the heart of Utah 32 Going Green Local leaders in the Wasatch Front push forward with innovative With vast amounts of natural resources and open space, and the addition of business strategies, moving the region further along the road of the Renewable Energy Development Incentive (REDI) plan, Utah is moving success. to the forefront of states attracting renewable energy companies. Learn what they are doing to make Utah a leader in the field. 74 Mountainland: Mixing Business with Pleasure Beneath the postcard veneers of Park City resorts, Heber Valley 36 the right track meadows and Thanksgiving Point gardens, there’s a bustling Strong education systems and growing economic sectors have a connec- economic engine and exciting new developments in business. tion. Read about the initiatives and programs designed to prepare Utah’s workforce for the state’s changing economic trends. 78 Southeastern: Diamond in the rough A regional airport, highways, railroads and fiber optics networks 40 the Perfect Combination mean this area is ready for more than breathtaking views. Helping Utah’s Economic Clusters Initiative is a catalyst focusing people, ideas and local businesses grow is a major priority for this region. resources on industry sectors that have the greatest sustainable competi- tive advantage. Look into the sectors putting Utah on the map not just 80 Southwestern: not Business as Usual nationally, but globally as well. These counties have shown resilience to the economic downturn and are making several strides toward a promising future. 46 from Sparks to flames GOED’s incentives promote strong win-win partnerships and net positive 84 Bear river: nurturing Business Growth tax revenues with little risk. Learn about four different incentive programs As the Bear River sustains wildlife and new life springs up along that build on the long-term sustainable factors that attract top companies its banks, it’s almost as if the river is also sustaining many busi- to the state. nesses percolating up from within this region as well as the profit- able companies relocating to this area. 50 expanding Borders Since the state’s first international business office opened in 1982, it has 88 Central: from the Ground Up morphed into the Governor’s Office of Economic Development (GOED) Central Utah’s economically sustainable products and industries, and is continuously growing in scope and stature worldwide. Discover why including wind farms, turkey production, gas and oil mining, and the organization’s relationship-building approach is elevating Utah as an other growing businesses bring a healthy balance to the area’s international business state. natural landscape and recreational opportunities. 54 a healthy State 90 Uintah Basin: More than Meets the eye Nearly half of small business employers do not offer health coverage to Oil and natural gas industries lead the way as new and expanding their employees. The Beehive State is leading the way by putting the Utah business grow. The locals’ best-kept secret is that this region is Health Exchange in place, a program that gives small business employers the finest place around to do business. more health insurance options. 94 rankings 58 a Star in the Making UTAH’S BUSINESS LEADERS What started out as the perfect backdrop for John Wayne and John Ford Accounting Firms Westerns has grown into a robust and competitive film industry. See why Law Firms Utah’s film-ready infrastructure is unmatched. Banks Commercial Builders 62 Journeys of Discovery Top 50 Public Companies From newly discovered dinosaur fossils to an exquisite symphony perfor- Top 50 Employers mance, or from extreme mountain adventures to the rare beauty of desert canyons, read how a journey through Utah is a journey that will elevate and 98 resources refresh the spirit. ECONOMIC DEVELOPMENT AGENCIES BY COUNTY 8 Utah Governor’s office of economic Development
  • 9. Relocating? Whether you are an individual or an organization that is considering making a move to Utah, you need professional assistance from experienced Relocation experts. Coldwell Banker Relocation Services Axiom Financial    Jonathan Cohen CRP, GMS Michelle Hodges Director of Relocation Services Relocation Mortgage Specialist 800.451.3850 877.909.LEND jonathan.cohen@utahhomes.com michelle@axiomfinancial.com ©2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® OAC. Not an offer to lend. ©2009 Axiom Financial, LLC is an Equal Housing Lender providing is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal mortgage services throughout Utah. Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office Is Owned And Operated by NRT LLC. www.bUsiness.Utah.Gov 9
  • 10. GoeD BoarD MeMBerS BuSiNESS utAH Publisher Tyler Dabo Ragula Bhaskar Mike Dowse Jack Brittain fatPipe networks, Inc amer Sports vP technology venture Editor Dr. Ragula Bhaskar is President Dowse is the President of Amer Sports Jack Brittain, PhD, is the U’s Sarah Ryther Francom and CEO of FatPipe Networks, the Winter & Outdoor Americas (Ogden). Tech Ventures VP Tech Ventures . inventor of patented router-clustering He previously worked for Suunto, commercializes U technologies Supervising Editor technology. Nike, and Wilson. and ranks second to MIT in Michael G. Sullivan number of spinoffs per year. Contributing Editors Linda T. Kennedy Candace M. Little Kimball Thomson Clark Caras Tracie Cayford Gary Harter Peter Mouskondis Jerry Oldroyd Stanley Ellington Leigh von der Esch President and Ceo Ballard Spahr andrews Utah Black Chamber nicholas & Company & Ingersoll of Commerce Contributing Writers Westminster College Foundation Oldroyd is a partner in the Retired administrator from the Heather Beers Board Member, IFDA Board Member, Business & Finance Department and United States Air Force. Executive Mark Dayton Independent Marketing Alliance Board Communications Group, and a Director of the Utah Black Chamber Lindsey Hannay Member, and Markon Board Member. trustee of Utah Technology Council. of Commerce and Chair of United 4 Tom Haraldsen Economic Development. Melanie Johnson Peri Kinder Heather King Alex Koritz Pamela Ostermiller Gretta Spendlove Heather Stewart Larry Warren Hilary Ingoldsby Whitesides Mel Lavitt Amy Rees Anderson James Lee Sorenson needham and Company, llC Mediconnect Sorenson Companies Designer Lavitt’s career in investment Amy is the CEO of Mediconnect James Lee Sorenson is a nationally Ryan Mansfield banking has included hundreds of Global, Inc. In 2007, Amy received recognized business leader and Don Hatchell capital market transactions the Ernst & Young Entrepreneur of entrepreneur with a proven record accounting for several billion the Year Award and she was featured ofsuccess in the varied fields of Photo Editor dollars of equity and debt financing. on the cover of Inc. magazine and technology, life science, real other national publications. estate and venture capital. Weston Wride Advertising Consultants Jessica Henning Brett McDermaid Kip Kuroski Matt Wilson Business Manager David Sampson Molonai Hola Nikos M. Linardakis Rob Adams Icon Consulting Group tharos laboratories, Inc e.D. Beaver County Cover Image Hola is President and CEO nutrilite economic Development Corp. Erik Östling of Icon Consulting Group. Linardakis is a physician executive Currently serves as the Thunderbird International Business and founder of Tharos Laboratories. Executive Director for the Published by: School graduate with a Master’s He is also Executive Producer for Beaver County Economic Olive Film Productions and author. Development Corporation. Utah Business Publishers, LLC in International Management. 859 W. So. Jordan Pkwy, Ste. 101 Rob is a licensed real estate broker with Coldwell Banker. South Jordan, UT 84095 Tel: 801-568-0114 Fax: 801-568-0812 © Copyright 2010 by Utah Business Publishers. All rights reserved. Business in Utah 2010 is published through a contractual agreement with Governor’s Office of Eco- nomic Development (GOED). Every effort has been made to ensure the accuracy of the information herein. However, Utah Business Publishers and the GOED are Mary Draper Clifford D. White not responsible for any omissions or errors that might oc- lowell Bennion Service Center Capital Consultants cur. Furthermore, advertising material is the responsibility of the individual advertisers and appearance in Business University of Utah Businessman, Investor and Financial in Utah 2010 does not necessarily reflect an endorsement of the product or service contained in the advertising by the Draper is a graduate of the University Planner. Active in Utah community publisher or GOED, nor are the publisher or the GOED re- of Utah and the J. Reuben Clark Law service for 42 years. sponsible for the contents of individual advertisements. School. She works at the University Reproduction in whole or part of any text, illustration or photography without the express written permission of of Utah. the publisher is prohibited. 10 Utah Governor’s office of economic Development
  • 11. THIS IS WHEN HAVING NATIONALLY- RENOWNED HEALTHCARE REALLY MATTERS. At Intermountain Healthcare, we use evidence-based medicine to develop best practices. As an example, we’ve reduced the average heart attack treatment time to 67 minutes, beating the national goal by 23 minutes. This focus on best practices is not limited to heart care. We’re working to improve hundreds of clinical processes in the areas of cancer, intensive medicine, women and Healthcare newborns, pediatrics, and other specialties. Our efforts have been noticed by many publications, and political and medical leaders. That matters only because we’re striving to provide the quality care our patients need. There is much more to be done, but we are committed to our mission of providing excellent healthcare. To learn more, visit www.intermountainhealthcare.org. www.bUsiness.Utah.Gov 11
  • 12. 12 Utah Governor’s office of economic Development
  • 13. For businesses looking to expand or relocate in the for companies in need of a large footprint, and our western U.S., Tooele County, Utah is the strategic site. permitting process is convenient and fast. Our quality Just 35 minutes west of Salt Lake City, we’re smack of life is extraordinary with picturesque valleys, dab in the middle between the Rocky Mountains, mountains and the Great Salt Lake. We’re also home the Paci c Coast, Canada and Mexico. In addition to for the world-famous Miller Motorsports Park, and being centrally located with superb Interstate, rail Utah’s renowned ski resorts are less than an hour and airport service, Tooele County has competitive away. For businesses searching for the strategic site, land prices, utility costs, and wage rates. We also the choice is Tooele County, Utah—where industry have an educated and eager workforce that will and opportunity meet every day. take your company to the top. We have lots of land Reckitt Benkiser Bailac For more information 435.843.4792 Tooele County Economic Development 47 S. Main St., Tooele, UT 84074 www.tooeleeconomicdevelopment.com www.ExploreTooele.com Aerial view of Tooele City, Utah Industrial Depot and the Oquirrh Mountains www.bUsiness.Utah.Gov 13
  • 14. Res olve of a Native s oN Governor Gary r. Herbert’s vision for UtaH’s economic fUtUre By KimBall Thomson | PhoTograPhy By EriK ÖsTling # 1 economic outlook Rich StateS, PooR StateS alec- laffer state economic competitiveness inDex 14 Utah Governor’s office of economic Development
  • 16. it is clear to anyone who has seen Utah’s 17th governor in action that he has a deep and abiding rooting interest in Utah—one that extends far beyond the professional into the realm of the highly personal. Born in american fork in Utah County, Governor Gary R. Herbert grew up two towns over in orem, where he graduated from orem High school before attending BYU in neighboring Provo. after serving six years in the Utah army National Guard, Governor Herbert established two businesses—Herbert and associates Realtors and the Kids Connection childcare service—in the state. He and his wife, Jeanette, are parents of six children, all of whom they raised in the Beehive state. Herbert was elected Utah’s lieutenant Governor in 2004 on the Huntsman-Herbert ticket, and became Governor Herbert in august 2009. this native son and lifelong Utah resident views his role as Governor as that of steward in chief of america’s most dynamic economy. “Utah has established a real legacy for excellent management,” says Governor Herbert. “i am committed to keeping the state on the right course and to setting an example of what a state can and should be in terms of high-quality, responsible governance.” A Running StARt Governor Herbert is off to a strong running the state’s responsible fiscal management and start. aided by his active leadership, both as discipline. lieutenant Governor and as Governor, Utah Utah garnered the nation’s top spot in has been named Best Managed state by the Forbes magazine’s 2009 state by state Debt Pew Center for Research on the states. the Weight scorecard, based on 12 leading eco- study ranked states based on the quality of nomic factors, reinforced by the state’s aaa their management of budgets, staff, infrastruc- bond/credit ratings from Moody’s and stan- ture and information—including such factors dard & Poor’s, and its exceptionally low 2009 as recruitment and retention of qualified em- per capita debt of $447. ployees; use of information and technology; in Governor Herbert’s first year of leader- “If I were your financial management of budgets and purchasing sys- ship, the state also ranked first for economic advisor, I would tell tems; and planning for improvement of roads, outlook in the Rich states Poor states study bridges and other core infrastructure. by the aleC-laffer state Competitiveness you without hesitation, leading analysts have also identified Utah index. the study contrasted “many states ‘Buy Utah!’” as the state best positioned to achieve a safe that are ‘getting it wrong’ in terms of policy landing as the nation and world emerge from and business friendliness” to Utah, which it Utah Governor Gary r. herbert the sustained economic downturn that began described as “unique in that its leaders are in November 2007. the american legislative making some very conscientious decisions to exchange Council has ranked Utah Number 1 improve their business climate and to make it for expected economic Recovery, based on the clear they are open for business and are not go- state’s sound economic approach of minimiz- ing to tax you out of existence.” Utah climbed ing taxes, spending and regulatory burdens, from 9th to a close 2nd in the Pollina Corporate and creating an environment of economic op- “top 10 Pro-Business states for 2009: Rebuild- portunity and growth. this success rests on ing america’s economic Power.” 16 Utah Governor’s office of economic Development
  • 17. Spencer p. eccleS goED ExEcUTivE DirEcTor Leading the Economic Development Charge By Heather Beers UTah’s hisTory is filled with innovation and vision, and perhaps no one reflects that legacy as much as the new executive director of the governor’s office of Economic Development conveRting chAllengeS (goED), spencer P. Eccles. The combination of into oppoRtunitieS his heritage and background enables him to lead Utah’s continuing drum beat of accolades for example, the challenge of teaching Utah’s economic growth in significant ways at a underscore the deftness with which its lead- and training the nation’s youngest and fast- critical time. ership has undertaken the real and pressing est-growing school age population holds the he is a member of a legendary Utah fam- challenges it faces. intrinsic opportunity of having an able and ily. marriner eccles, the son of the nineteenth- Utah’s demographic situation—with the ready workforce to fuel Utah’s many dynamic century industrialist David eccles, served as the second highest rate of population growth in entrepreneurial growth companies. the key to chairman of the federal reserve for 16 years un- the nation, accelerated by the country’s high- creating and leveraging these opportunities, der roosevelt and established the eccles name as est birth rate and the largest average house- Governor Herbert maintains, is to empower well as the state of Utah in the mind of the nation. hold size—creates a singular set of challenges the state’s private sector and create effective the eccles family founded first security bank in and opportunities for the state. collaborations between Utah’s business, gov- Utah and over the years, their name has become “We have larger families, high birth rates, ernment and education communities. synonymous with civic responsibility. a younger population, which places a tremen- spencer’s father, spencer f. eccles led first se- dous demand on education,” says Governor the thRee e’s: educAtion, eneRgy curity from 1970 until it merged with wells fargo Herbert. “this aspect of our demographics is And economic development in 2000. the family has long been committed to truly unique in the United states. to be able to the need for the economic accelerators of serving the community, elevating the arts, health, train and educate such a fast-growing popula- empowerment and collaboration is most ap- and education in the intermountain region for tion, which adds another 10,000 to 12,000 stu- parent in the three top priority areas for the decades. as the great grandson of David eccles, dents every year to the education system, with Herbert administration: education, energy and spencer p. has an enormous sense of stewardship the smallest base of taxpayers relative to our economic development. passed down through the family and has proven population of any state, is something no other himself a rising star in his own right. place in america has to face. Excellence in Education. spencer’s professional career includes work- “there is no question that this is a time of education is a high-stakes issue for Utah—one ing with wells capital management’s salt lake real and sustained economic challenges,” says that requires bold and visionary leadership. office which manages over $2 billion in assets. Governor Herbert. “No state is immune to the “the number one challenge we have right now he also worked with the olympic committee for effects of the downturn in the national and is, ‘How do we pay our way when it comes to pro- five years and led over 1,500 volunteers and staff international marketplace, but we are going viding government services that everyone wants during the 2002 olympic winter Games as the to meet our responsibilities head on and turn and needs, education in particular, and do it with competition manager of the snow basin venue. them into opportunities for us going forward.” less money?’” says Governor Herbert. he started his own venture capital company that invests in early stage companies and he currently 1 sits on four company boards. mr. eccles has also managed the family’s office encompassing sev- # moSt dynAmic economy eral of his family’s businesses including three 1 KaUffman 2008 state new economy inDex ranching operations. spencer carries on his fam- ily’s sense of responsibility, having served on nu- # hAppieSt u.S. StAte 2 merous private boards and serving as president msnbc - GallUp of the first security foundation and advising the George s. and Dolores Doré eccles foundation. # AmeRicA’S heAlthieSt StAte 3 now, spencer p. eccles has stepped away Forbes maGazine from the private sector – all because of a call from Governor Gary r. herbert. “when the governor # BeSt StAte FoR BuSineSS 5 calls, you pick up the phone,” spencer joked. “it Forbes maGazine was completely unanticipated. but, because of my love for Utah and my desire to give back # AmeRicA’S top StAteS FoR BuSineSS - 2009 1 – the request got my attention, and i felt that it cnbc was important to take the opportunity to serve as the Governor’s office of economic Development # expected economic RecoveRy (GoeD) executive director.” continued > american leGislative exchanGe coUncil www.bUsiness.Utah.Gov 17
  • 18. to answer the imperative of optimizing cost-effective government services, Governor since spencer stepped into the GoeD office, Herbert formed the Utah advisory Commis- he has deftly applied his business acumen to the sion to optimize state Government last sep- Energizing Economic Development. governor’s vision for promoting economic devel- tember. led by Norm Bangerter, Utah’s 13th Utah’s success in funding the education of its opment, education and energy development. he Governor, the commission includes top busi- populace and fostering continued economic dy- explained his approach is all about building on the ness, education and government leaders from namism depends, in large part, on the quality and existing foundation and collaboratively working throughout the state. success of its economic development efforts. with the GoeD team to execute on the Gover- “We formed this exceptional collaborative “economic development and education— nor’s vision of economic development. working group to make sure that we are de- especially higher ed—are really joined at the livering services as effectively and efficiently hip,” says Governor Herbert. “if our companies as possible,” says Governor Herbert. “We are succeed, there will be more money to put into committed to maximizing taxpayer dollars, the education system. By the same token, if we finding savings where we can, and finding bet- improve our education system, we will have ter processes and efficiencies in the system.” stronger people coming out to develop our the group will also explore the implementa- economy.” tion of new technologies to drive efficiencies. Governor Herbert is a strong believer in the the Governor’s overall goal is to deliver private sector as the ultimate source of eco- the highest possible quality of education and nomic growth: “it is not going to come from gov- other services in the most cost-effective man- ernment – real, abiding solutions to economic ner. “i am extremely optimistic that the great growth never do.” people on this commission will find efficien- in many cases, Governor Herbert believes cies,” says Governor Herbert. “it will be hard, the proper role of government is to “get out of but we can do hard things, and excel at them.” the way” by ensuring that taxation policies are SuppoRting BuSineSS gRoWth in addition to the civic and social welfare ben- not so burdensome that they thwart the ability mr. eccles understands that sustainable econom- efits of education, Governor Herbert sees a clear, of the economy, its companies and entrepre- ic development depends on the state’s efforts to reciprocal connection between Utah’s educa- neurs to prosper and expand. improve Utah’s business friendly environment. tion system and the state’s continuing economic “i’m opposed to a tax increase right now,” he GoeD works to strengthen and grow Utah’s ex- dynamism. “education is the glue that holds so says. “it is just the wrong time to douse these isting businesses, both urban and rural. it also many essential things together,” he says. “You flickers of recovery with the wet blanket of a encourages entrepreneurship and investment. it cannot have long-term sustained economic suc- tax increase.” works to attract national and international busi- cess without an excellent education program.” in addition to the direct economic impact ness. GoeD also supports education for the long- Governor Herbert points to Utah’s flagship of a tax increase during a recession, Governor term viability of the state. research institution, the University of Utah, Herbert points out the psychological impact of mr. eccles said that Utah does this in a num- which in 2009 tied with Mit for first in the na- telling companies and entrepreneurs that the ber of ways. “we have a pro-business governor tion for the number of start-ups generated by needs of government and politicians take pre- and legislature – with a corporate income tax of technology developed at the school. the “U” – cedence over the needs of business—the pri- just 5 percent; we’ve kept our tax rates among the and Utah’s other major research universities, mary source of long-term economic growth. lowest in the nation.” Brigham Young University and Utah state Uni- Yet the Governor sees a strong affirmative he pointed to several successful corporate versity – all excel at developing technologies for role for government in the state’s economic incentive programs GoeD administers, which commercialization in areas ranging from it development—helping facilitate and provide makes expansion in Utah more attractive to and aerospace to medical devices, genetic diag- fertile soil for the entrepreneurs, who will in growing companies. based on post-performance nostics and drug delivery. turn create opportunities and grow successful rebates, GoeD incentives also further the mis- “We need to ensure that our education businesses that provide high-quality jobs. sion of having a sustainable and fiscally respon- system continues to evolve so that our stu- “in addition to being lean and mean as a state sible program in Utah. dents get the best, most relevant information government, more than ever before we have an Governor herbert is ardent about his concern available,” he says. “this will enable them to imperative to take a hands-on approach,” he for small and emerging businesses and therefore, develop the skills and technologies the mar- says. “We need to work closely with the private has ensured that his budget provides for the many ketplace demands, and to remain on the cusp sector and empower it to find solutions to the GoeD business programs of technological and economic evolution.” economic challenges we are facing.” along with the state’s supportive business ac- 10 tivities, GoeD partners with many groups around the state, such as the economic Development TOP StAteS FoR joB cReAtion 2 corporation of Utah and the Utah sports com- ihs Global insiGht mission and the Utah science technology and research (Ustar) initiative, among many other # pRo-BuSineSS StAteS FoR 2009 5 public and private organizations. there are tre- pollina corporate mendous resources for people who want to grow their business in Utah,” said eccles. # loWeSt poWeR coStS in the nAtion continued > U.s. enerGy information aDministration 18 Utah Governor’s office of economic Development
  • 19. YOU BET WE HAVE A FIRE IN OUR BELLY FOR YOUR PROJECT. WHY DO YOU THINK WE SNACK ON ANTACIDS? And why else would we have 6:30 AM coordination meetings? And a stockpile of midnight oil? Making sure your project gets done when and how it’s supposed to be done is not a hollow mantra. It’s a given. It’s also why we have become one of the nation’s “Top 100” contractors. Your building represents the blood, sweat and tears of both you and your employees. Your contractor should have a burning desire to contribute the very same elements. We do. 800.748.4481 | www.big-d.com > Ralph Waldo Emerson www.bUsiness.Utah.Gov 19
  • 20. Pure Energy Rush. though the Herbert administration is working when media organizations like Forbes and to foster growth in all significant Utah indus- cnbc rank Utah among the top three states in tries, the Governor has singled out energy as a which to do business, Utah’s productive work- top priority. “We have tremendous natural ad- force is usually one of the top reasons. a strong vantages when it comes to energy—and many educational system is one of the primary con- of them are largely untapped,” he says. tributors to Utah’s stellar workforce. in recent years, Utah has significantly in- eccles talked about Utah’s efforts to improve creased its discovery and production of tra- the communication between three key stakehold- ditional fuels, natural gas and other energy ers: business; education; and government. “we sources. (see the “energy and Public Utilities” have something unique occurring here in the section of the 2010 Utah facts Book.) Utah cluster acceleration partnership (Ucap) Governor Herbert’s philosophy carries the “We are finding vast reserves of natural gas because it brings industry and academia together same resonance as visionary leaders who pre- and other fuels,” says Herbert. for example, in powerful ways,” said eccles. he explained that ceded him, creating such economic develop- significant deposits of high-quality, low-paraf- government works closely with industry and aca- ment projects as: fin oil has been discovered in central Utah, aid- demic leaders to identify the types of students ed by new technology. analysts estimate that and skills that the business community needs. The legislative and regulatory environment there are more than one billion barrels of easy- educators then develop curriculum to support that allowed Utah to become the global to-refine oil in one of the fields. Juab County in those needs. these unprecedented partnerships leader in the industrial bank industry. central Utah is home to significant reserves of are facilitated by a collaborative effort between The pioneering Centers of Excellence bio-diesels and other bio-fuels. the Utah Department of workforce services, the program, which successfully Utah also possesses a massive quantity Utah system for higher education, and GoeD, commercializes technologies that of clean coal; its high BtU makes it burn ex- which help support academia in job training and flow out of Utah universities. tremely hot, while its low sulfur content en- placement in one of seven targeted industry clus- The Utah Fund of Funds program, sures that it burns considerably cleaner than ters. the Ucap partnership provides just one which increases the amount and diversity coals from other states. example of how key governmental stakeholders of capital available to promising Utah in addition to these traditional fuels, Utah work together with education and industry. entrepreneurial companies. is home to a rapidly-growing renewable energy earlier this year an education partner, the Uni- The Utah Science Technology and industry, including significant wind, geother- versity of Utah, through its research and commer- Research program, which helps attract mal, solar and hydroelectric power projects. cialization efforts, tied massachusetts institute of world-class research and commercialization “thanks to new fuel discovery and capture technology as the no. 1 campus in the nation for talent to Utah universities. technologies developed or ‘refined’ at Utah uni- spinning off companies and Ustar is enhancing A variety of award-winning rural economic versities—which enable us to more effectively these results through its commercialization ef- development programs. fracture the rock to find and extract fuel—we forts. “the legislature has committed $300 mil- are literally awash in natural gas, a cleaner fuel lion through the Ustar program,” said eccles. Governor Herbert is fully committed to than traditional gasoline with respect to green- “this creates significant private sector opportu- building upon this legacy. “Going forward, our house gases,” says Governor Herbert. “these nity, because profit is a great motivator.” administration will be guided by the questions fuels, together with our emerging renewable re- “in addition to our business friendly activities of, ‘What we can do to help our homegrown sources, will allow us to significantly grow our in the state we recognize that the cost of energy Utah companies and entrepreneurial talent economies in the short-term. and, in the long is a key component in what business does, and it to, first, stop the bleeding, and, next, grow and term, will help provide energy independence relates to our ability to attract companies here,” expand?’” he says. “We have a tremendous ris- for america and ‘fuel’ our growing economy. said eccles. helping supply affordable energy to ing generation of entrepreneurial talent with Utah is poised to become one of the drivers of the nation and keeping operational costs low are extraordinary creativity in business, science energy independence and growth in the econo- Utah’s plentiful energy resources, including natu- and technology. We are going to do all we can my not only in Utah, but also nationally.” ral gas, coal and oil shale fields. alternative and to empower them to take Utah to levels of Bolstered by Utah’s momentum in econom- renewable energy in the form of wind, solar and achievement greater than anything we have ic development, education and energy, Gover- geothermal power are also under active develop- yet experienced.” nor Herbert is bullish on his state’s present and ment in Utah. future: “if i were your financial advisor, i would tell you without hesitation, ‘Buy Utah!’” bU SuppoRting SucceSS 1 with Utah’s pro-business strategies, fiscal re- sponsibility, low unemployment, education initia- # moSt dynAmic economy tives, and aggressive energy development, eccles 5 KaUffman 2008 state new economy inDex points out that Utah is poised to lead the nation in emerging from its current economic challenges. # hAppieSt u.S. StAte 2 when coupled with the self-reliant and produc- msnbc - GallUp tive citizens, its vast resources, its quality of life, and its innovative industries, it is clear Utah’s # AmeRicA’S heAlthieSt StAte successful past is merely a prelude to its even Forbes maGazine brighter future. bU 20 Utah Governor’s office of economic Development
  • 21. ©2009 ERNST & YOUNG LLP. Ernst & Young refers to the global each of which is a separate legal entity. Young Global Limited operating in the US. Bigger, better, faster, more? Every company needs to continually grow and improve if it wants to achieve its full potential. To help, we’ve built a global team of business advisors. They provide the insights and experience your organization needs to bring about sustainable change. This can make a real difference to your business, both now and in the future. What’s next for your business? ey.com www.bUsiness.Utah.Gov 21
  • 22. Life is full of               tough choices Choosing a contractor shouldn't be one of them. Why not choose a contractor with staying power. 30 years to be exact. R&O Construction — opening new doors since 1980. www.randoco.com 22 Utah Governor’s office of economic Development
  • 23. AdvAntAGe UtAh Why Utah is the Place to Grow your Business SAlt lAke CIty, doWntoWn RISInG www.bUsiness.Utah.Gov 23
  • 24. GRoWInG “The incentives will allow us to continue to expand our operations here in the state,” Nel- UtAh son says. “We wanted to be here and I’m glad that GOED was willing to work with us.” Over the next decade, Nelson plans to add up to 350 new employees, many of them highly paid scientists and technicians. Companies Flourish The state of Utah will reap the rewards of increased taxes—as well as the continued pres- in the State’s Fertile Soil ence of a life sciences company with a global reach. Nelson Laboratories provides analytical By Heather Stewart and microbiological testing services to the medical device, pharmaceutical and dietary supplement industries. With a 25-year history Years ago, entrepreneurial success brought Jeff Nelson to a tough in Utah, the company boasts more than 4,000 decision. His company, Nelson Laboratories, faced a crisis of clients in dozens of countries. growth—its staff of nearly 300 scientists and support personnel “The presence of Nelson Laboratories in completely filled the company’s facility. But Nelson had plans for Utah helps grow the life sciences cluster here. even greater growth, so he reluctantly began considering a move to We are a benefit to the medical device and a new location, even if that meant leaving Utah. pharmaceutical companies that might want to “It’s a very friendly business environment move here,” Nelson says. here,” Nelson says. “But as a businessman, I knew that all the cards were on the table.” An InCentIve to GRoW Fortunately, the Utah Governor’s Office Utah is well known for its sunny, desert climate of Economic Development (GOED) stepped in featuring red sand dunes and high mountain with post-performance tax credit incentives peaks. But the state has also been long recog- that made it possible for Nelson to expand nized for its incredibly fertile business climate, onto his current facility, nearly doubling the which has enabled companies of every kind to space to approximately 110,000 square feet. thrive and grow. 1 nelSon lABoRAtoRIeS 24 Utah Governor’s office of economic Development
  • 25. Jeff NelsoN NeLsoN LaBoratories Building a Business in Utah The fact is Utah has all the right environ- mental factors to help companies succeed. The cost of doing business is low, the local work- force is young and educated, and a great qual- ity of life attracts top talent from around the world. On top of that, the state’s research uni- versities and vibrant community colleges turn out a fresh crop of graduates each year. All of these factors contribute to the suc- cess of a wide range of companies, from fi- nancial powerhouses like Goldman Sachs to defense contractors such as ATK. Information technology companies like Overstock.com have also found a happy home in the Beehive State. Omniture, a Web-analytics company, is a classic Utah success story. Founded in 1996, NeLsoN LaBoratories, a contract laboratory nelson says the key to his company’s success the high-tech startup quickly grew into a dom- that provides analytical and microbiological in Utah has been the state’s centered location and inant worldwide presence with 1,200 employ- test services to manufacturers in the medical cluster initiative. “we have great access to reach ees based around the globe. Omniture recently device, pharmaceutical/biopharmaceutical, di- clients on the west coast and the east coast. it agreed to be acquired by Adobe Systems in etary supplement and tissue industries, first couldn’t be a better location,” he says, adding, order to further expand its reach and its offer- opened its doors in 1985 near the University of “we’re excited to see the state’s cluster initiatives ings. The company will continue to operate out Utah. initially employing only five individuals, which will help specialized companies do well. of Utah as a division of Adobe. the company has since grown to more than 290 GoeD is really making it easier for companies to Utah’s great business climate is no acci- scientists and staff. among them are more than move to Utah. the state is also developing a tal- dent—it’s nurtured and protected by GOED. 110 degreed scientists of which more than 45 ented workforce that’s really exciting.” “When Governor Gary Herbert took office, he are registered and microbiologist specialists. nelson laboratories was recently awarded an wanted us to put a special emphasis on helping when the company needed to expand its fa- incentive to expand in the state, but nelson says local companies expand,” says Derek Miller, cility to make room for its phenomenal growth, the incentive was only the icing on the cake. managing director of GOED. ”We recognize Jeff nelson, ceo, says he never seriously con- “GoeD didn’t just give us money, they gave us an that our best customer is our current custom- sidered taking the lab outside of Utah. that’s incentive to create jobs,” he says. “GoeD is work- er, so as long as we have businesses here in the because from day one Utah proved to have what ing for the state and holding companies account- state, we are going to help them grow.” the company needed to succeed. able to produce. overall, GoeD and the local gov- What is the best catalyst? For corporate “we have had really good luck being in Utah,” ernment of taylorsville were great to work with. growth it is tax relief. GOED uses post-perfor- says nelson. “when it came to considering where they’ve helped me learn a lot about the local mance tax incentives—like the ones that Nel- to locate, it was an easy choice for several rea- structure and economic development of Utah. son Laboratories received—to help companies sons—Utah had everything we needed.” they really spent time teaching us about all the expand their operations in Utah. different ways they could support us. they were patient with me as a business owner—they walked me through the process and listened to “The current economy is causing companies our needs. it’s been a real partnership.” to think about ways to save money, and that includes looking at Utah.” JoSh Romney, Governor’s policy aDviser www.bUsiness.Utah.Gov 25
  • 26. “The current economy is causing compa- nies to think about ways to save money, and that includes looking at Utah,” Miller says. Web-auction company eBay, for example, recently decided to close down an operation These incentives only take effect when a outside of the U.S. and greatly expand its pres- company actually expands and adds workers ence in Utah. to its payroll. If the company ends up paying in- With the financial backing of some post- For example, GOED’s Miller points to the creased corporate wage, withholding taxes and performance incentives, eBay is constructing Procurement Technical Assistance Centers, sale taxes, it could receive a refundable credit a new data center that will create 50 new posi- which “help small businesses navigate the for up to 30 percent of those increased taxes. tions, and it is currently adding 400 new jobs to difficult waters of government contracts.” “We don’t leave bags of money on a leader’s its customer support center. Counselors from the centers walk companies doorstep and hope something will happen,” Post-performance tax incentives made a through the process of registering and submit- says Miller. “There’s no up-front money.” In- significant difference in the company’s deci- ting proposals for federal, state, local and mili- stead, companies enter into a contract with sion to invest further in Utah, according to tary contracts. the state in which the company agrees to ex- William Lasher, senior director of indirect and According to Miller, the Procurement pand its operations in the state, hire new work- multi-state taxes for eBay. “A lot of factors go Technical Assistance Centers helped Utah companies score over $370 million in govern- ment contract work in just the first half of the “We recognize that our best customer fiscal year. is our current customer, so as long as we GOED’s International Trade and Diplo- macy Office aids local companies as they work have businesses here in the state, to expand their reach into global markets. The we are going to help them grow.” team connects Utah businesses with potential international partners and markets. The office deRek mIlleR, manaGinG Director of GoeD also relies on diplomacy to open up new foreign markets and educate the world about valuable ers at wages that are at least 125 percent of the into site selection,” he says. “Tax costs are one industries in Utah. county average (in urban areas) and commit to of them. We do a comprehensive analysis of Utah’s rural areas often provide an ideal remain in Utah. the tax situation for each site under consider- business solution, with easy access to trans- These post-performance incentives could ation.” portation corridors, an ample workforce and come into play in a variety of situations: when However, tax relief was not the only reason many natural resources. On top of these as- a company simply wants to expand with new Utah became eBay’s top choice. sets, the state offers fast-track grants and in- offerings or products, when a company consol- “Utah has an educated and diverse work- centives for companies to expand and grow in idates operations into Utah, or when a merger force,” says Lasher. “The community is well Utah’s rural communities. or acquisition results in a greater corporate suited for eBay, with great language, commu- Agriculture is a large component of Utah’s presence in Utah. nication and technology skills.” economy, and a local organization is work- The latter situation was the case for the for- Lasher also credits GOED with helping ing to bolster the state’s many food producers, mer Huish Detergents, a Utah-based company smooth out the difficulties inherent in an ex- manufacturers and distributors. that was acquired by Connecticut-based Uni- pansion project of this size. “The officials at The Utah’s Own program was originally lever in 2008. Together, the companies formed GOED helped us build relationships in the launchedbytheUtahDepartmentofAgriculture Sun Products Corporation. business community and with other govern- and Food, but has expanded over the years with The parent company initially looked at ment agencies,” he says. “They helped expedite backing from the state legislature. Utah’s Own moving the Utah operations to Connecticut. decisions and cut through some red tape.” encourages state residents to support home- “We engaged with Sun Products and talked grown companies by choosing local products. to them about not only keeping the Utah jobs CUltIvAtInG loCAl ComPAnIeS The program started out promoting a small here, but moving new jobs to Utah as well,” Financial incentives are just the tip of the ice- handful of Utah-brand food products, but has Miller says. berg when it comes to state support of local grown to encompass hundreds of food produc- Now, Sun Products is in the process of a $14 businesses. GOED has several programs that ers and manufacturers, as well as other agri- million expansion of its Utah facilities. contribute to the success of companies in all cultural products like natural-fiber fabrics and regions of the state and in every industry. soaps. A GReAt vAlUe “At GOED, our number-one priority is cre- Indeed, companies worldwide are taking a new ating jobs,” says Miller. “Utah is blessed to be in look at Utah as a viable site for doing business— a situation where we have the workforce, the whether it’s a manufacturing plant, an IT com- quality of life and the right business climate to pany, or a new corporate headquarters. attract and grow outstanding companies.” BU 26 Utah Governor’s office of economic Development
  • 27. In Utah We speak Spanish, German, Chinese, C++, Java and 137 other languages Daily It might come as a surprise to some people that Utah has one of the most diverse language populations in the country. But in Utah there is more . . . We have the youngest workforce in the nation at 28.5 years. Our workforce is also highly skilled and productive. Just ask Microsoft, Disney Interactive, Oracle and eBay. They have all recently expanded in Utah. Maybe you should too! Call us today and we can help you find a great place for your business in Utah. 324 S. State Street, 5th Floor • Salt Lake City, Utah 84111 • (801) 538-8700 • www.business.utah.gov www.bUsiness.Utah.Gov 27
  • 28. BRInGInG It StRAteGIC FoUndAtIon Several unique program components have been instrumental in Utah’s success. The starting point is a clear, well founded strategy driven by the State’s innovative Targeted Eco- home nomic Cluster approach. Directors in different strategic business areas provide focus and pri- ority for highly attractive segments of econom- ic development emphasis. “Cluster directors help identify targets for what’s currently hot Responsible Recruiting and what’s coming down the road,” says Derek Miller, managing director for Business Growth Funds Utah’s Growth at GOED. “Utah’s competitive advantages are articulated in these cluster strategies in the form of our strengths and natural abilities that By Mark Dayton will translate into recruiting advantages.” A good example of this targeted approach is in the digital media sector. For a number of years Utah has been developing a growing depth of digital media talent, through strong university programs at the University of Utah, Brigham Young University and Utah Val- over the past few years a steady stream of announcements have ley University, and an increasing number of hit the press regarding major companies who are expanding opera- skilled entrepreneurial startup “alums” with tions to the state of Utah. Driving past some of these major new hands-on, in-the-trenches experience. “In the business installations gives the sense that things are happening in past, we trained all of these good people, and Utah, despite the grip of recession that has all but crippled many the best and brightest were recruited out of other areas of the country. and indeed things are happening. over state,” says Miller. “By combining this valuable the past three years, Utah has successfully landed 31 out of 32 ma- talent resource with Utah’s outstanding qual- jor relocation/expansion deals it has competed on. ity of life, business environment and other ad- However, the excitement around that lev- vantages, we are attracting major companies el of success can create the illusion that these that will provide jobs and keep our talent pool things “just happen” through the mysterious in the State.” operations of the market. While Utah intrin- A growing list of companies are leveraging sically has much to offer, behind the growth Utah’s winning combination of factors in this is a well-oiled machine that has compiled buoyant sector, including Disney Interactive an impressive record of maximizing Utah’s (video games), EA Arts (sports video games), strengths to recruit some of the world’s pre- Sandman Studios (digital effects for movies 2 mier companies to the Beehive State. like Shrek, Pushing Daisies) and Niche Studios The recruiting machine is built and man- (digital effects). “They have all discovered eco- aged primarily by the Governor’s Office of nomic and talent recruitment/retention ad- Economic Development (GOED). After sys- vantages in Utah versus traditional Southern tematically planning their approach several California locations,” says Miller. years ago, the group has gone about orchestrat- ing a highly attractive and effective program of creating strong win-win partnerships with a growing list of marquee companies anxious to leverage the native and program/incentive benefits the state provides. The approach re- lies on sound strategy, creative public/private partnerships, strong business fundamentals and commitment to an open partnering ap- proach focused on long-term success and em- ployee satisfaction. SAndmAn StUdIoS, vISUAl FX FoR Pushing Daisies. 28 Utah Governor’s office of economic Development
  • 29. William lasher seNior DireCtor, eBaY Why eBay Chose Utah By Linda T. Kennedy PUBlIC/PRIvAte ReCRUItInG PARtneRShIPS With strategies solidly in place, the machine next shifts into active recruitment gear through a partnership with the Economic Development Corporation of Utah (EDCU). This private- sector organization provides the expertise, relationships and manpower to recruit com- panies and manage prospective opportunities through the process. “They are our boots on the ground, knocking on doors, making the pitches and nurturing the relationships,” says Miller. “We have a strong partnership with them that has worked extremely well, saving us the need to staff up to try and do it internally.” In addition to proactive personalized re- cruitment efforts, the state also works through FoUNDeD iN 1995, eBay is known the world in June 2008, the company announced that consulting organizations that focus on corpo- over for global commerce and providing inter- it would be adding a 250,000-square-foot data rate site selection activities. These partners net platforms for payments and communica- center to Utah. and in may 2009, ebay brought work through industry associations, maga- tions. it has expanded to include some of the 200 new full-time positions to its customer sup- zines and other mediums to ensure that Utah strongest brands in the world, including PayPal, port operations. less than a half year later, in oct. is well represented in the coverage and rank- skype, shopping.com, stubHub, rent.com, Half. 2009, ebay decided to expand its Utah workforce ings provided to site selection decision makers com and others. and its operations have also again, adding 207 additional positions. in target companies. expanded beyond it’s headquarter offices in san the economic Development tax increment Jose, California to Draper, Utah. financing ebay received from the state of Utah leveRAGe the FUndAmentAlS “ebay chose Draper city for a customer sup- coupled with incentives received from local cities, Having engaged potential companies in the site port center in 1999 primarily because of the were helpful when ebay had to make a quick deci- selection process, the recruiting discussion quality of the workforce, favorable business sion on where to locate the new U.s. employees. shifts to detailed analysis of business funda- climate and proximity to san Jose,” says wil- but lasher says ebay was especially surprised mentals, an area where Utah consistently ranks liam lasher, ebay senior director, indirect and with the level of involvement these organization extremely high on three of the most crucial multistate taxes. “as the Draper facility grew, had in helping ebay solve its problems. measures. “Almost without exception, compa- we became increasingly aware that the business “if we encountered an issue or an opportu- nies who have located in Utah cite three impor- conditions in the state were ideal.” so ideal that nity that we needed assistance with, we would tant differentiating factors: workforce, business over the next 10 years, Utah’s ebay staff grew to place a call and within hours, we would usually environment and quality of life,” says Miller. 1,000 employees, and the company decided to have a reply,” he says, adding that in the rare further expand its local operations. case someone didn’t have an answer, they would always provide ebay with an alternative contact. “GoeD did more than process our application “Almost without exception, companies who for incentives; they did whatever they could to make it easy for ebay to do business in Utah.” have located in Utah cite three important differentiating factors: workforce, business environment and quality of life.” deRek mIlleR, manaGinG Director of GoeD www.bUsiness.Utah.Gov 29