Infab to Expand in Utah
SALT LAKE CITY (May 9, 2019)— The Utah Governor’s Office of Economic Development (GOED) today announced Infab Corporation to expand its operations in Utah adding 90 jobs and $789,753 in new state revenue and $5 million in capital investment over the next five years.
“Infab is experiencing rapid growth and will be a great addition to Hildale,” said Val Hale, executive director of the Governor’s Office of Economic Development. “This project will help rural Utah create new jobs and be a benefit to the skilled workforce in Washington County.”
Founded in 1981, Infab designs and manufactures radiation protection apparel and related accessories for healthcare professionals. Infab is the country’s largest provider of medical radiation protection products and sells its products through distributors and a direct sales force in the United States and internationally. The company offers lead aprons, glasses and gloves as well as other products for x-ray protection. Infab is currently based in Camarillo, California.
Don Cusick, chairman of the board said, “We searched throughout the U.S. for the best place to expand our operations but fell in love with Utah, it’s people and the opportunity to make a positive impact on the state and the community.”
CEO Brittany Lepley echoed those sentiments and added, “Infab has grown tremendously these past ten years and we have assembled an excellent team of people along the way. We are very much looking forward to bringing this team spirit to Utah and to be the employer of choice!”
Tom Fink, vice president of operations at Infab will take over the management of the Utah facility effective June 1, 2019 under the newly created title of president of Utah operations.
Infab plans to create up to 90 jobs in Utah over the next five years. The total wages in aggregate are required to exceed 110 percent of the average county wage. Projected new state wages over the life of the agreement may be up to $11,148,000. The projected state tax revenue is a result of corporate, payroll and sales tax. Projected new state tax revenues, as a result of corporate, payroll and sales tax are estimated to be $789,753.
“Anytime we can help a county diversify its economic base with the addition of a manufacturing project, it’s a good day,” said Theresa Foxley, president and CEO of the Economic Development Corporation of Utah. “When that manufacturing project lands in a rural community that’s striving to transform itself and bring good jobs to its residents, it’s particularly gratifying. Congratulations, Hildale, and welcome, Infab.”
Infab may earn up to 20 percent of the new state taxes they will pay over the five-year life of the agreement in the form of a post-performance Economic Development Finance (EDIF) tax credit rebate. As part of the contract with Infab, the GOED Board of Directors has approved an EDTIF post-performance tax credit not to exceed $157,951 representing 20 percent of the estimated $789,753 of new state revenue, which may be earned over five years. Each year Infab meets the criteria in its contract with the state, the company will earn a portion of the total tax credit rebate.
The Utah Legislature has authorized economic development incentives in the form of post-performance tax rebates. Eligible companies work with the Utah Governor’s Office of Economic Development to outline specific performance criteria. Once GOED confirms those criteria have been met.
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About the Utah Governor’s Office of Economic Development (GOED)
business.utah.gov
Under the direction of Gov. Gary R. Herbert, the Utah Governor’s Office of Economic Development (GOED) provides resources and support for business creation, growth and recruitment, and drives increased tourism and film production in Utah. Utilizing state resources and private sector contracts, GOED administers programs in economic areas that demonstrate the highest potential for development. Learn more at business.utah.gov or by calling (801) 538-8680.
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Tyson Fresh Meats to Build Food Production Plant in Utah
SALT LAKE CITY (May 9, 2019)— The Utah Governor’s Office of Economic Development (GOED) today announced Tyson Fresh Meats, a subsidiary of Tyson Foods, Inc., will invest almost $300 million to build a food production plant in Utah that will initially provide 800 jobs and is expected to expand to 1,200 positions within three years after opening. It will also add an estimated $27 million in new state tax revenue over the next 10 years.
“We are pleased that Tyson Foods, a Fortune 100 Company, has selected Utah to build its newest facility,” said Val Hale, executive director of GOED. “This well-known company has a long history and great reputation. It will allow them to have better distribution and access to the western states.”
The new facility will be a case ready plant. It will be involved in converting large cuts of beef and pork into steaks, chops, roasts and ground meat that are placed in retail trays, weighed and labeled and then shipped to retailers to be sold through the grocery meat case.
Tyson Fresh Meats is the beef and pork unit of Tyson Foods, Inc., one of the nation’s leading food companies. The business currently operates case ready plants in Iowa, Tennessee and Texas and hopes to open the Utah facility as soon as 2021. Online video of the Texas facility can be accessed here.
“We’re excited about building a new food plant in Utah and appreciate the state’s support and the exceptional people we’ve met,” said Nate Hodne, senior vice president and general manager of case ready meats for Tyson Fresh Meats. “We believe Utah is a great location because of the availability of labor and property and the access to highways and rail. Once built, the new facility will help us meet growing demand for case ready meat in the western U.S.”
Company representatives have assessed several potential plant sites in the Salt Lake City area and are currently collaborating with local officials at one of the locations to confirm all needed infrastructure and other support will be available. Once remaining questions are answered, more information will be shared.
State tax incentives for the project are based on 500 of the expected high-paying jobs. The total wages in aggregate for each position used to determine incentives must exceed 110 percent of the average county wage. Projected new state wages over the life of the agreement may be up to $202,633,508. Projected new state tax revenues, as a result of corporate, payroll and sales tax are estimated to be $27,791,620. In addition, this project will also increase local property taxes and provide other benefits to state and local entities.
“Tyson Fresh Meats’ expansion demonstrates that Utah is more than a hotbed for Software and IT companies. This manufacturing plant will diversify the local economy and provide opportunities for residents to work close to home,” said Theresa Foxley, president and CEO of the Economic Development Corporation of Utah.
Tyson Fresh Meats may earn up to 20 percent of the new state taxes they will pay over the 10-year life of the agreement in the form of a post-performance Economic Development Finance (EDIF) tax credit rebate. As part of the contract with Tyson, the GOED Board of Directors has approved an EDTIF post-performance tax credit not to exceed $5,258,324 and a post-performance Industrial Assistance Fund economic opportunity for the last-mile infrastructure of $300,000 representing 20 percent of the estimated $27,791,620 of new state revenue, which may be earned over 10 years. Each year Tyson meets the criteria in its contract with the state, the company will earn a portion of the total tax credit rebate.
The Utah Legislature has authorized economic development incentives in the form of post-performance tax rebates. Eligible companies work with the Utah Governor’s Office of Economic Development to outline specific performance criteria. GOED confirms whether those criteria have been met.
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About the Utah Governor’s Office of Economic Development (GOED)
business.utah.gov
Under the direction of Gov. Gary R. Herbert, the Utah Governor’s Office of Economic Development (GOED) provides resources and support for business creation, growth and recruitment, and drives increased tourism and film production in Utah. Utilizing state resources and private sector contracts, GOED administers programs in economic areas that demonstrate the highest potential for development. Learn more at business.utah.gov or by calling (801) 538-8680
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Sutherland to hold Innovation in Education Symposium
SALT LAKE CITY — Today Sutherland Institute announced an upcoming event, “Innovation in Education.” It will be held Wednesday morning, May 15, at the Hinckley Institute of Politics. Please note that this event was scheduled for February and was canceled due to weather. We are pleased to reconvene these education experts next week.
This event is open to media who RSVP to Kelsey Witt at kelsey@sifreedom.org.
Leading education innovator Dr. Clark Gilbert will keynote. Gilbert currently acts as president of BYU-Pathway Worldwide. Following President Gilbert, contributing authors of Sutherland’s newest policy guide Innovation in Education and Utah policymakers will discuss a wide array of topics, including competency-based education, flexible spending accounts, restorative justice in school discipline, costs of higher education, public/private partnerships, industry pathways, and the future of teaching as a profession. Details for the two panels and their participants can be found below.
Download your free copy of Innovation in Education here.
This event is also being offered to licensed educators as a professional learning activity for two license renewal points (2 hours). Printed certificates will be made available at the event.
EVENT DETAILS
*This event is open to the media*
WHEN: Wednesday, May 15, 10 a.m. – 12 p.m. MST
WHERE: Hinckley Institute of Politics, University of Utah, 260 Central Campus Drive, Gardner Commons Bldg., Room 2018, Salt Lake City, UT 84112
ABOUT DR. CLARK GILBERT:
Clark G. Gilbert became the first president of BYU-Pathway Worldwide on May 1, 2017. BYU-Pathway was built to bring education to those who otherwise might not have access to a traditional university. BYU-Pathway serves over 40,000 students in 500 locations around the world.
Prior to his new assignment, President Gilbert served as the 16th president of Brigham Young University-Idaho. As president of BYU-Idaho, he focused on increased access, student mentoring, and the growth of the university’s online programs.
President Gilbert previously served as CEO of Deseret News Publishing Company and Deseret Digital Media, where he was recognized as the Innovator of the Year by multiple media associations.
Early in his career, President Gilbert taught as a professor of entrepreneurial management at the Harvard Business School. He recently co-authored the book Dual Transformation in Harvard Business School Press, and has also published in MIT, Sloan Management Review, Harvard Business Review and Oxford University Press.
President Gilbert graduated from Brigham Young University with a bachelor’s degree in international relations. He earned a master’s degree in East Asian studies from Stanford University and a doctorate degree in business administration from the Harvard Business School.
President Gilbert was born in California and raised in Arizona. He served as a missionary for The Church of Jesus Christ of Latter-day Saints in Japan. He and his wife, Christine, are the parents of eight children.
PANELS:
Panel One:
Panel Two:
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AEMA Statements on Proposed Mining Law Reforms
WASHINGTON, D.C. - Today, the American Exploration & Mining Association (AEMA) released the following statement in response to the Subcommittee on Energy and Mineral Resources Hearing discussing Rep. Raúl Grijalva's (D-Ariz.) Hardrock Leasing and Reclamation Act of 2019.
"The sweeping changes in Rep. Grijalva's legislation are unnecessary and a disaster in the making for the domestic mining industry and for America," said AEMA Executive Director Mark Compton. "The fact is, hardrock mining is fundamentally different than oil, gas, and coal because it is much more difficult to find and develop hardrock mineral resources. This bill ignores these differences and seeks to force-fit royalty and leasing programs for coal, oil, and gas on hardrock mining.
Without question, the Grijalva bill, if enacted, would substantially chill private-sector investment in exploring for and developing minerals on federal land and dramatically increase our already extensive reliance on foreign sources of minerals. This bill poses a significant threat to our Nation's economic security and to our defense, technology, manufacturing, infrastructure, and renewable energy sectors, all of which rely on minerals from mining. The country will suffer as high paying family-wage jobs are exported, and our rural communities will experience disproportionately severe economic hardships."
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About AEMA:
Founded 124 years ago, AEMA is headquartered in Spokane, WA. It is a 2,000-member national association representing the minerals industry with members residing in 42 U.S. states, seven Canadian provinces, and 10 other countries.
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The Stash
Shares New Single
"Run Into Me"
Premiering Now on Substream Magazine
Signs to Anchor Eighty Four Records
May 9, 2019 - Beacon, NY - Pop act The Stash are thrilled to share their latest single, "Run Into Me." Fans can get their first taste of the new track now, exclusively on Substream Magazine: http://bit.ly/2VrTasM. "Run Into Me" marks The Stash's debut release with Los Angeles-based label, Anchor Eighty Four Records, who excitedly welcomes the band to their rapidly growing roster.
"'Run Into Me' is a song about finally being over it," shares vocalist Christian Evanko. "People will come and people will go, but if you stay stuck in the same place for too long all you'll have to show for yourself is wasted time. This song came out of the fear of not letting those thoughts win!"
The Stash, a five piece group from Beacon NY, are emerging on the cusp of the future pop genre. Composing well balanced pop rock tracks, with enticing melodies and soaring vocalizations, the band has already gained a good force of momentum with the release of a handful of powerful singles, like their hit, "I Can't Feel," which premiered on Buzzfeed. Having been featured on popular idobi Radio programs like "The Brett Davern Show," and "Gone Fishkin," The Stash is already knee deep in the coming wave.
With a steady flow of smash singles and stunning visuals to accompany them on the horizon, The Stash is already taking 2019 by storm.
The Stash is Christian Evanko (vocals), Tristen Whitehead (keys/producer), Austin Pritz (guitar), Andrew Gyomai (bass), and Michael LaPick (drums). Stay up to date on the latest from the band at www.facebook.com/TheStashNY.
For More Information, please visit:
Facebook: www.facebook.com/TheStashNY
Twitter: www.twitter.com/TheStashNY
Instagram: www.instagram.com/thestashny
Download high res single artwork here
Download high res press photo here
