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Category Archives: Economic Developments

Thermo Fisher Opening New Manufacturing Facility In Ogden

Thermo Fisher is opening a new facility at the Boyer Business Depot Ogden, hiring 450 employees by 2022. Ogden City announced the plans on Tuesday. “Thermo Fisher has had a presence in Utah for many years,” said Kelvyn Cullimore, president and CEO of BioUtah. “The company’s expansion in Ogden reflects their commitment to Utah jobs, […]

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Utah #1 For Best State Economic Outlook…Again

Utah has done it again! The 2021 “Rich States, Poor States” report recently released by the American Legislative Exchange Council (ALEC) ranks Utah as the state with the strongest economic outlook in the nation. Utah has held this first place designation for the past 14 years. View state-by-state data HERE. To determine its rankings, the […]

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MAYOR ERIN MENDENHALL’S SALT LAKE CITY 2021 PLAN INCLUDES BIOHIVE

Last week, Salt Lake City (SLC) Mayor Erin Mendenhall gave her second State of the City address – a live broadcast from the City Council Chambers in which she reflected on 2020 and outlined her plan for the City in 2021. The Mayor noted that “we are striving to make our city better through change; […]

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BioHive Launched at Utah Life Sciences Summit – Join the Campaign 

  The 11th annual Utah Life Sciences Summit (ULSS) Nov. 9-11, went virtual this year. But despite the physical distance, the ULSS made news and ignited our life sciences industry with a special announcement — the launch of BioHive, a new bold campaign to brand and expand Utah’s life sciences ecosystem. ICYMI…view the video and see […]

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Funding Lapses for Paycheck Protection Negotiations Continue for More Funding

Yesterday, the Small Business Administration (SBA) announced that funds had been depleted for the Paycheck Protection Program (PPP). The SBA said on its website that the agency “is unable to accept new applications … based on available appropriations funding.” The SBA reported Thursday morning that more than 1,637,000 loan applications valued at “over $339 billion” […]

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Salt Lake Chamber: CARES Act

Dear Chamber Member, The Utah Economic Response Task Force is committed to maximizing the number of Utah businesses and individuals benefitting from the many Federal programs and resources that currently exist and those that will exist soon with the signing of the CARES Act. Please review this material so that you can see the many federal programs and […]

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SLCo Issues Public Health Order: “Salt Lake County: Stay Safe. Stay Home.”

Press release from the Salt Lake County Health Department: Mandatory order emphasizes the importance of staying safe at home, closes some businesses and requires other businesses to more stringently follow social distancing recommendations (SALT LAKE COUNTY)—Today, Mayor Jenny Wilson and Salt Lake County Health Department issued a new public health order to enact further protections […]

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Governor Herbert Releases Economic Response Plan

On Tuesday, March 24, 2020, Governor Herbert unveiled the state economic response plan entitled, “Utah Leads Together”.  The Plan is an attempt to balance public health imperatives with economic needs.  The goal is to provide Utah businesses and residents with clarity and specifics about Utah’s plan for a health and economic recovery. The plan identifies […]

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Senate aims to vote Wednesday on $2T coronavirus bill

Washington Post – The Senate is aiming to vote Wednesday on a $2 trillion stimulus package that is designed to flood the U.S. economy with money in an effort to stabilize households and businesses that have been floored by the coronavirus outbreak, according to an article published in the Washington Post. But Senate leaders were still working […]

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