Learn more about relocating or expanding to Utah

Utah business climate, manufacturer incentives, and advantages of UT communities

Relocate or Expand to Utah - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Utah business climate, manufacturer incentives, and advantages of UT communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Utah Business Data*

Utah

Population: 2,784,572
Total Labor Force: 1,443,100
Unemployment Rate: 3.9%
Number of Manufacturers: 3,448
Manufacturing Jobs: 154,824
Right to Work: Yes
Unemp. Ins. Tax: 0.410.4%
 
Corporate Income Tax:
5%

Sales Tax:
5.9%- 8.05%. Exemptions include: Eligible manufacturing equipment and replacement equipment.

Property Tax:
State average equals 1.1%. Local governments may assess additional taxes. Commercial and business personal properties are assessed at 100% of Fair Market Value. Goods used by manufacturers and wholesalers for processing and sale in Utah are exempt from ad valorem tax.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
12% Food and kindred products
12% Electronic and other electric equipment
9% Chemicals and allied products
9% Industrial machinery and equipment
9% Fabricated metal products

Largest Manufacturing Establishments:
(by number of employees)
Vivint, Inc. (Provo) - 5,000
L-3 Communication Systems-West (Salt Lake City) - 4,300
ICON Health & Fitness, Inc. (Logan) - 2,500
ATK Alliant Techsystems, Inc., Promotory Plt. (Corinne) - 2,500
Kennecott Utah Copper Corp. (Bingham Canyon) - 2,000
Merit Medical Systems, Inc. (South Jordan) - 2,000
 
Counties with the Most Manufacturing Jobs:
Salt Lake - 86,902
Utah - 33,196
Weber - 16,357
Cache - 13,654
Davis - 12,193

Cities with the Most Manufacturing Jobs:
Salt Lake City - 61,202
Ogden - 16,067
Provo - 11,504
Logan - 10,139
Clearfield - 5,886

Manufacturing Related Business Incentives:
Economic Development Tax Increment Financing (EDTIF) Credit (For companies expanding or relocating to Utah)
Enterprise Zones
Industrial Assistance Funds
Capital Gains Tax Credit
Investment Tax Credit
New State Revenues Tax Credit
Renewable Energy Development Incentive
Rural Fast Track (RFT) Grant
Industrial Revenue Bonds (IRBs) and Industrial Development Bonds (IDBs)
Qualified Energy Conservation Bonds
REDI (Renewable Energy Development Incentive)
Research Tax Credit
Custom Fit Training Program
Revolving Loan Funds (RLFs)
Tax Increment Financing
Foreign Trade Zones
Employee recruiting, screening and training through the Utah Dept of Workforce Services (DWS)
Private Activity Bonds (PABs)
Utah Microenterprise Loan Fund (UMLF)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

San Juan County Economic Development
Developing infrastructure enhancements & resources in a business friendly environment with Enterprise Zone incentives & B.E.A.R; our Business Expansion & Retention program. Assistance with Custom Fit Training & Education, marketing, relocation & expansion needs.
P.O. Box 490, Monticello, UT 84535 (Map & Aerial View)
(435) 587-3235 or (800) 574-4386

(435) 587-2425 Fax
www.utahscanyoncountry.com




Looking to reach Utah manufacturers? Access the Utah Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/16/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912