This is Derek Miller, Speaking on Business. Utah has one of the strongest, most diverse economies in the nation, and that didn’t happen by accident. Ryan Starks, Executive Director of the Economic Development Corporation of Utah, or EDCUtah, is here to talk about their role in supporting Utah’s economic success.
Ryan Starks:
EDCUtah is a statewide non-profit organization that catalyzes capital investment and strategic economic opportunities to create quality jobs in Utah. We work with the State of Utah, cities, counties, and Utah businesses to provide growing companies with the resources they need to relocate or expand in Utah.
When we were founded nearly 40 years ago, Utah was suffering from brain drain, and EDCUtah was charged with recruiting new companies to diversify Utah’s economy and job opportunities. Each year, our business development team works with just over 100 active corporate expansion projects. This past year, 20 companies decided to expand in or relocate to Utah – with plans to add 3-thousand new jobs and 1.3-billion dollars in capital investment.
Notable project wins include AeroVironment in Salt Lake City, Edwards Lifesciences in Draper City, Fervo Energy in Beaver County, and Nucor in Brigham City. Connect with us on LinkedIn or online at EDCUtah.org.
Derek Miller:
EDCUtah is helping Utah thrive, bringing new jobs, attracting investment, and supporting growing industries. Their work is creating stronger communities, more opportunities, and a brighter future for Utahns across the state. I’m Derek Miller, with the Salt Lake Chamber, Speaking on Business.
