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Register Now for Summer Meeting in Heber

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Hope your summer is going well. We have a wonderful meeting planned for July in Heber at the Zermatt Resort. Just look at the details here. We also have a block of rooms for the Alliance at the Resort. To make reservations for $109/night, call 435-657-0180. We are still using PayPal for registration fees. Links to PayPal will be found under the registration form.

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Utah Top Sport in Small Business Friendliness

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For the second year in a row, Utah has emerged as the top state for business friendliness in the third annual Thumbtack.com Small Business Friendliness Survey.

“In Utah, we want to be known as a   state where a business can grow and thrive in a friendly environment," said Gov. Gary R. Herbert. "We work closely with the business community to make sure the state is a partner in their success not a hindrance and that is why Utah is climbing to the top of these type of studies. We have one of the most diverse economies in the nation and a quality of life factor that is hard to match. 

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GOED Executive Director Leaving State Government

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Spencer Eccles

After nearly five years at the helm of Utah’s economic development efforts, Spencer P. Eccles, executive director of the Governor’s Office of Economic Development (GOED), is departing state government to form a private investment company.

“Building on the state’s past economic development efforts, Spencer’s leadership has helped Utah be at the forefront in bringing the nation out of one of the most devastating economic recessions this country has ever seen,” said Gov. Gary R. Herbert. “He has worked tirelessly in developing a top-notch GOED team, and his collaborative efforts with the Legislature, other state agencies, cities, counties, the educational community and industry leave a lasting legacy that will benefit all Utahns for years to come.”

“Our work at GOED has been about benefitting the people of Utah, improving their quality of life and helping to provide them with opportunities to succeed,” said Eccles. “Thanks to Gov. Herbert’s leadership, our partnerships across the state, and the tenacity of the private sector, Utah has become a leading economy in the nation.”

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Mercury Wheels moves to Utah

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Chris Mogridge could tell his family’s Oxford, Mississippi real estate development business was in for tougher times as the financial crises of the late 2000’s deepened. 

“I was on the financing side of the business and could tell things were getting harder. No matter how much advertising I would do, sales were starting to slip. And the bank was getting funny with us borrowing money.” 

On a Friday afternoon in ‘08, with a backlog of offers awaiting financing, Mogridge’s bank was taken over by the FDIC. On Saturday, a bank in South Carolina bought the assets, but subsequently wouldn’t return a phone call or email. 

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Natalie Gochnour on the Economy

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Just found this video on the GOED site. Natalie Gochnour shares some basic information on what makes the economy grow. Thought you might find it interesting.


Salt Lake City in the Running for Google Fiber

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Utah’s capital city could be among the next metropolitan areas to enter the Google Fiber era, joining Provo and two others that have the service. 

Mayor Ralph Becker announced Wednesday that Salt Lake City is one of nine cities across the country under consideration for installation of Google Fiber, which uses a fiber-optic network that provides Web access at speeds that are up to 100 times faster than basic broadband, as well as TV service.  

The company will work with Salt Lake City leaders during the next six to nine months to map out a Google Fiber network in detail and to assess any unique local challenges, said Michael Slinger, Google Fiber director of business operations.

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Solar Power Project Takes Another Step Forward

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FILLMORE — A conditional-use permit outlining operational requirements for what would be Utah's first utility-scale commercial solar field was issued Tuesday to a Provo-based company.

Energy Capital Group received a go-ahead endorsement by the Millard County Commission for its 300-megawatt solar project called ECG Utah Solar 1.

"Energy Capital Group is very pleased to have another project milestone achieved," said Josh Case, Energy Capital Group's chief executive officer. "ECG looks forward to deepening our relationship with Millard County as the project continues to progress."

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GOED Approves New Incentives

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The Governor's Office of Economic Development announced approval of two new tax incentives that could result in more than 1,200 new jobs.

At the latest board meeting, GOED said Salt Lake City-based Varian Medical Systems is expanding its existing Salt Lake operation, a move that Varian estimates will lead to the creation of 1,000 new full-time jobs over the next 15 years.

Varian is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. The company is also a supplier of X-ray tubes and digital image detectors for X-ray imaging in medical, scientific and industrial applications, as well as X-ray imaging products for cargo screening and industrial inspection.

“Varian’s X-ray technology manufacturing operations have been part of the Utah economy since the early 1940s,” said Dow Wilson, Varian’s CEO. “Today, some 70 percent of the orders for our X-ray products come from customers outside the U.S., making us one of Utah’s largest exporters.”

The expansion of the Utah facility will add 120,000 square feet to the existing 341,000-square-foot building. Varian expects to make an estimated capital investment of $40 million for new construction at the site.

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