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	<title>governors office of economic development &#8211; Cache Valley Information</title>
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		<title>Amer Sports Selects Utah for Future Expansion</title>
		<link>https://cachevalleyinfo.com/2018/12/14/amer-sports-selects-utah-for-future-expansion/</link>
		
		<dc:creator><![CDATA[ALE]]></dc:creator>
		<pubDate>Fri, 14 Dec 2018 16:05:30 +0000</pubDate>
				<category><![CDATA[Utah News]]></category>
		<category><![CDATA[amer sports]]></category>
		<category><![CDATA[GOED]]></category>
		<category><![CDATA[governors office of economic development]]></category>
		<category><![CDATA[outdoor recreation]]></category>
		<category><![CDATA[Salt Lake City]]></category>
		<category><![CDATA[Utah]]></category>
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					<description><![CDATA[SALT LAKE CITY (Dec. 13, 2018)—The Governor’s Office of Economic Development (GOED) today announced Amer Sports Winter &#38; Outdoor Company]]></description>
										<content:encoded><![CDATA[<p><strong>SALT LAKE CITY</strong> (Dec. 13, 2018)—The Governor’s Office of Economic Development (GOED) today announced Amer Sports Winter &amp; Outdoor Company will expand its operations in Utah, planning to add up to 155 jobs, $6.5 million in new state revenue, and up to $32 million in capital investment over the next 10 years.</p>
<p>“Amer Sports Winter &amp; Outdoor’s presence and corporate culture elevates both Northern Utah and the state’s outdoor industry,” said Val Hale, executive director of GOED. “Working with the Utah Office of Outdoor Recreation, led by Tom Adams, we are grateful that Amer Sports Winter &amp; Outdoor, a company that houses well-known brands such as Salomon, Atomic, Arc’teryx, Mavic, Suunto, Armada and Peak Performance, has chosen to expand its U.S.A. Winter &amp; Outdoor headquarters here in the state.”</p>
<p>Amer Sports, the parent company of Amer Sports Winter &amp; Outdoor, is a sporting goods company with internationally recognized brands including Wilson and Precor, in addition to the Winter and Outdoor brands. The company’s technically advanced sports equipment, footwear, and apparel improve performance and increase the enjoyment of sports and outdoor activities.</p>
<p>“We have built a partnership with the city of Ogden, Weber County and the State of Utah and are excited to announce the expansion of our operations,” said Bill Kirchner vice president &amp; general manager of Amer Sports Americas.</p>
<p>“Our brands play an integral role in the outdoor and winter sports community by inspiring consumers to live active and healthy lifestyles. We value the unique opportunity Utah provides us to engage with skiers, snowboarders, runners, bikers and hikers and are proud to call Utah our home”</p>
<p>“Ogden has been fortunate to have Amer Sports Winter &amp; Outdoor in our community since 2007,” said Mike Caldwell, mayor of Ogden City. “The city’s unparalleled access and strategic location to outdoor recreation is an undisclosed advantage to this internationally known company. We are fortunate that Amer Sports Winter &amp; Outdoor is a great community partner, and we look forward to strengthening our relationship.”</p>
<p>Amer Sports Winter &amp; Outdoor plans to create up to 155 jobs over the next 10 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 $43,576,270, which includes wages, salaries, bonuses and other taxable compensation. Projected new state tax revenues, as a result of corporate, payroll and sales taxes are estimated to be $6,570,270 over 10 years.</p>
<p>“Amer Sports Winter &amp; Outdoor and Utah go way back—the company helped establish the outdoor industry here in the state and solidified our brand as a destination for outdoor enthusiasts,” said Theresa Foxley, president and CEO of the Economic Development Corporation of Utah. “We’re grateful for its continued, expanding presence.”</p>
<p>Amer Sports Winter &amp; Outdoor 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 Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Amer Sports Winter &amp; Outdoor, the GOED Board of Directors has approved a post-performance tax credit rebate not to exceed $1,314,054. In addition to the EDTIF post-performance tax credit the company was also approved for an Industrial Assistance Fund post-performance grant of up to $300,000 for the retention of current employees, not to exceed $2,000 per employee. Each year that Amer Sports Winter &amp; Outdoor meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.</p>
<p>Amer Sports Winter &amp; Outdoor is expanding its headquarters in Ogden and will build a new distribution center within the State of Utah, at an undetermined location that will be announced at a future date.</p>
<p><strong>###</strong></p>
<p><strong>About the Utah Governor’s Office of Economic Development (GOED) </strong></p>
<p><a href="http://goed.pr-optout.com/Tracking.aspx?Data=HHL%3D8%2B31%3C9-%3ELCE2%40%2C)KQDD%2C32%3B&amp;RE=MC&amp;RI=5553850&amp;Preview=False&amp;DistributionActionID=63452&amp;Action=Follow+Link"><strong>business.utah.gov</strong></a></p>
<p>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 <a href="http://business.utah.gov/">business.utah.gov</a> or by calling (801) 538-8680.</p>
<p><strong>About Amer Sports</strong></p>
<p><strong><a href="http://amersports.com/">amersports.com</a></strong></p>
<p>Amer Sports, the parent company of Amer Sports Winter &amp; Outdoor, is a sporting goods company with internationally recognized brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor. The company’s technically advanced sports equipment, footwear, and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group’s business is balanced by its broad portfolio of sports and products and a presence in all major markets.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">8430</post-id>	</item>
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		<title>Utah selected for national Policy Academy to strengthen manufacturing</title>
		<link>https://cachevalleyinfo.com/2018/08/22/utah-selected-for-national-policy-academy-to-strengthen-manufacturing/</link>
		
		<dc:creator><![CDATA[ALE]]></dc:creator>
		<pubDate>Wed, 22 Aug 2018 13:53:23 +0000</pubDate>
				<category><![CDATA[Utah News]]></category>
		<category><![CDATA[GOED]]></category>
		<category><![CDATA[governors office of economic development]]></category>
		<category><![CDATA[manufacturing]]></category>
		<category><![CDATA[policy academy]]></category>
		<category><![CDATA[Salt Lake City]]></category>
		<category><![CDATA[Utah]]></category>
		<category><![CDATA[val hale]]></category>
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					<description><![CDATA[[delay +1 hour] SALT LAKE CITY &#8211; The Utah Governor’s Office of Economic Development has been selected to participate in a]]></description>
										<content:encoded><![CDATA[[delay +1 hour]
<p><strong>SALT LAKE CITY</strong> &#8211; The Utah Governor’s Office of Economic Development has been selected to participate in a Policy Academy design to help grow and strengthen manufacturing in the state. The state teams will meet today, in Washington D.C. with policy experts to develop and further refine strategies to bolster manufacturing.</p>
<p>“Manufacturing is vital to Utah’s economy,” said Val Hale, executive director of the Governor’s Office of Economic Development. “We look forward to working with other states as we strengthen manufacturing nationwide and build upon Utah’s success.”</p>
<p>The three states selected to participate in the Policy Academy include Utah, Kentucky and New Jersey, along with U.S. territory, Puerto Rico. Each team consists of representatives from the governor’s office, state economic development department, manufacturing extension partnership center, manufacturing trade association and other manufacturing centers.</p>
<p>The year-long Policy Academy will guide the states through a planning and implementation process to identify important manufacturing-related partnerships and policies to move their economic development strategies forward. Each participant will receive customized assistance through access to national experts and collaboration with colleagues in other states. They may choose to focus on addressing skill gaps, accelerating start-up growth, expanding their market, improving their supply chain or other priorities the state teams identify.</p>
<p>The Policy Academy is being coordinated by two national organizations — SSTI and the Center for Regional Economic Competitiveness (CREC) – with support from the Hollings Manufacturing Extension Partnership (MEP) based at the National Institute of Standards and Technology (NIST). SSTI works to strengthen initiatives to create a better future through science, technology, innovation and entrepreneurship. CREC works to provide policy-makers from around the world with the information and technical assistance they need to formulate and execute innovative, regional, job-creating economic strategies. NIST MEP’s mission is to enhance the productivity and technological performance of U.S. manufacturing which it does through 51 MEP Centers located in all 50 states and Puerto Rico, and more than 1,300 manufacturing experts at over 400 service locations, providing any U.S. manufacturer with access to resources they need to succeed.</p>
<p><strong>About Utah Governor’s Office of Economic Development</strong></p>
<p>Under the direction of Governor Gary 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 clusters that demonstrate the highest potential for development. Learn more at<a href="http://business.utah.gov/">business.utah.gov</a> or by calling (801) 538-8680.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">2751</post-id>	</item>
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		<title>2018 Utah Aerospace Pathways graduates announced</title>
		<link>https://cachevalleyinfo.com/2018/05/17/2018-utah-aerospace-pathways-graduates-announced/</link>
		
		<dc:creator><![CDATA[ALE]]></dc:creator>
		<pubDate>Thu, 17 May 2018 14:44:55 +0000</pubDate>
				<category><![CDATA[Utah News]]></category>
		<category><![CDATA[GOED]]></category>
		<category><![CDATA[governors office of economic development]]></category>
		<category><![CDATA[pathways graduates]]></category>
		<category><![CDATA[Salt Lake City]]></category>
		<category><![CDATA[school districts]]></category>
		<category><![CDATA[Utah]]></category>
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					<description><![CDATA[SALT LAKE CITY (May 16, 2018)— The Governor’s Office of Economic Development (GOED) is pleased to announce the 2018 graduating]]></description>
										<content:encoded><![CDATA[<p><strong>SALT LAKE CITY</strong> (May 16, 2018)— The Governor’s Office of Economic Development (GOED) is pleased to announce the 2018 graduating class of the Utah Aerospace Pathways (UAP) program. A total of 55 students from Davis, Granite, Iron County, Ogden and Weber school districts received certificates in aerospace manufacturing. The graduation took place at the Utah State Capitol on May 15.</p>
<p>“The aerospace pathways program has been a tremendous success for the state of Utah,” said Ben Hart, GOED deputy director. “This industry driven program is providing results and filling workforce needs in the aerospace industry.”</p>
<p>Students in the program have participated in courses through their high schools and in collaboration with post-secondary partners. The students engaged in an externship with participating companies, where students receive work-based learning opportunities and interact with companies.</p>
<p>“Utah Aerospace Pathways has been a great opportunity for us to fill our talent needs,” said Clint Devitt, vice president and general manager, Janicki Industries. “One of the program highlights is the externship program, which allows these students to come into our companies and get hands-on experience and exposure to various career paths within aerospace manufacturing.”</p>
<p>UAP is one of four pathways programs under the Talent Ready Utah initiative. Participating companies include Albany International, Boeing, Hexcel, Janicki Industries, and Orbital ATK.</p>
<p>###</p>
<p><strong>About the Utah Governor’s Office of Economic Development (GOED)<br />
<a href="http://business.utah.gov/">business.utah.gov</a></strong></p>
<p>The Governor’s Office of Economic Development (GOED) charter is based on Gov. Gary R. Herbert’s commitment to statewide economic development. The state’s economic vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business environment and tourist destination. GOED provides extensive resources and support for business creation, growth and recruitment statewide, as well as programs to increase tourism and film production for the benefit of Utah residents. All administered programs are based upon strategic industry clusters to develop a diverse, sustainable economy. GOED accomplishes its mission through unprecedented partnerships. For more information please contact: Aimee Edwards, (801) 538-8811 or edwards.</p>
<p><img loading="lazy" src="http://us.vocuspr.com/Tracking.aspx?Data=HHL%3D%400%3B68%26JDG%3C%3A98!OHL%3D8%2B62&amp;Action=Open+Campaign&amp;RE=MC&amp;RI=5553850&amp;Preview=False&amp;Content=True&amp;SuppressCacheGUID=93939a79-0687-45fc-adeb-bfe92b1a2781" width="0" height="0" alt="Tracking.aspx?Data=HHL%3d%400%3b68%26JDG%3c%3a98!OHL%3d8%2b62&amp;Action=Open+Campaign&amp;RE=MC&amp;RI=5553850&amp;Preview=False&amp;Content=True&amp;SuppressCacheGUID=93939a79-0687-45fc-adeb-bfe92b1a2781" /></p>
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