Cytiva Expands in Cache County
September 9, 2021
The Utah Governor’s Office of Economic Opportunity (Go Utah) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that Cytiva will expand its facility in Logan, Utah, adding up to 396 new high-paying Utah jobs in the next 10 years. Capital expenditures associated with the project are $231 million.
“We’re excited Cytiva is growing, and we couldn’t be happier that the company is expanding its Logan location,” said Dan Hemmert, Go Utah’s executive director. “Utah has a robust healthcare industry, and it’s great to see companies like Cytiva deliver life-altering technologies around the world.”
Cytiva is a global provider of technologies and services advancing and accelerating the development and manufacturing of therapeutics. Formerly part of GE Healthcare, the company has a rich heritage tracking back hundreds of years and a fresh beginning since 2020. Customers undertake life-saving activities, ranging from developing innovative vaccines, biologic drugs, and novel cell and gene therapies.
“Our work in Logan, Utah enables the development and manufacture of many novel therapeutics,” said Justin Meehan, plant manager at Cytiva. “As global demand for our products and services continues, expanding our operations in Logan will help us deliver for our customers and patients.”
The Go Utah Board has approved a post-performance Rural Economic Development Tax Increment Finance (REDTIF) tax credit not to exceed $4,855,064. Each year Cytiva meets the criteria in its contract with the state, it will qualify for a portion of the total tax credit.
“With this expansion, Cytiva continues its multi-year pattern of multi-million dollar investment in Cache County,” said Theresa A. Foxley, president and CEO of EDCUtah. “It’s heartening to see Cytiva’s continued confidence in Hyclone’s legacy — one of Utah’s original BioHive companies — and in Cache County’s future.”
For more information, visit www.cytiva.com.
Colby Cooley, vice president of business development, led Project Renaissance II for EDCUtah.
For more information on this or other projects, contact Colby Cooley, at 801-323-4250, ccooley@edcutah.org.
Investors: If you were involved in this project and would like to add your organization to this announcement, please email connect@edcutah.org