Salt Lake City

Economic Development

Phone: (801) 535-7200 | Email: ed@slcgov.com

Success Stories

Since the creation of Salt Lake City’s Department of Economic Development in July of 2016, the team has worked tirelessly to ensure the economic security and vibrancy of Salt Lake City. SLC’s Business Development division, in working with our partners at the local and state level, has seen great growth in capital investment ($792,200,000), companies recruited (250), and jobs created (8,968).


Why SLC? From Cotopaxi CEO Davis Smith, “Because we wanted to build a business in the community that valued the outdoors and giving back to the community. There’s no better place than Salt Lake City to do that.”

Why SLC? David Fisher, Owner of Regional Supply says, “Salt Lake City is a very central location for what we do. We sell from Montana to Arizona, and across the West. It’s a great location for logistical purposes.”


Why SLC? “It’s the perfect environment for business growth. It has all of the ingredients for a consumer goods company to be successful.” – Bruce Lorange, founder and CEO of O2TODAY.


Salt Lake Department of Economic Development Highlights by Industry:

Transportation, Packaging & Logistics

  • UPS – builds a large regional service hub in the Northwest Quadrant of creating 1,500 new jobs and adding more than $250 million in capital investment. “This new regional hub is one of our strategic initiatives to continue to build the long-term future of UPS.”
  • Amazon – Tech retailer adds a $250 million, state-of-the-art distribution facility in Salt Lake City’s Northwest Quadrant, creating 1500 new full-time jobs. “We are excited to continue growing our team with the first fulfillment center in Utah.”
  • Packsize – on Demand Packaging company will expand its Salt Lake City facility, adding up to 354 jobs to the community and an expected $9.2 million in capital investment. “Utah’s bright entrepreneurial community and labor market make it attractive for Packsize to compete globally from here.”

Manufacturing

  • POST Consumer Brands – the third-largest cereal company in the U.S. expands distribution operations to new Salt Lake City 901,000-square-foot facility near the Northwest Quadrant. “This area truly represents the ‘Crossroads of the West,’ opening up great distribution opportunities for our company, coupled with a first-class quality of life to our employees.”
  • DanoneWave (Formerly WhiteWave) – consumer packaged food and beverage company accepted tax incentive, bringing 105 new jobs to Salt Lake City.
  • Stadler US – an affiliate of a Swiss railcar-manufacturing company expands manufacturing facility in Salt Lake City; 10-year project to create million square foot U.S campus and thousands of direct and indirect jobs. $50 million initial capital investment. “The skilled, educated, and dedicated workforce along the Wasatch Front combined with high quality-of-life convinced us to stay and establish our permanent headquarter in Utah.”
  • EastPenn Manufacturing – expands operations to Salt Lake City, adding 70 new jobs. “We are looking for highly motivated; quality focused individuals to join our world class family of employees.”
  • Kaddas Enterprises – expands operations in Salt Lake City, adding 25 new jobs. “Resources and cost-savings unique to SLC like the EDLF and Foreign Trade Zone made our decision to stay an easy one.”
  • Oemeta – an international environmentally-friendly coolant company relocates to expandable warehouse in Salt Lake City, adding 20 jobs. “It’s a great location with a great infrastructure for logistics, gives us direct access to the west coast and has the workforce we’re looking for.”
  • Regional Supply – expands into new 83,000 sq. ft. building keeping 160 employees in the city. “Our new location and building will help us better serve our existing customer base and allow us to handle new opportunities.”

Tech

  • TaskEasy – digital tools for the home service industry relocates HQ to downtown SLC location near Ride UTA TRAX, more commuting options for employees, and downtown amenities. The move adds 190 new jobs and $6.5MM in capital investment. “Being in the City keeps us within the Silicon Slopes branding effort and connected to the tech ecosystem.”
  • The Cicero Group – global data-analysis and consulting firm, utilizes RDA Loan to expand operations at the Gateway, adding 50 new jobs. “We want to stay in Salt Lake City, and we think this is an exciting, vibrant area where professionals are going to want to work and live.”
  • Kiln – a tech-oriented coworking and startup community builds out 25,000 square feet of space at Salt Lake City’s Gateway, creating 10 new jobs. “The amount and level of innovation coming out of Salt Lake City has many taking notice, both at home and abroad.”

Medical Device & Biotech

  • Stryker – a leader in global innovation and medical device manufacturing expands manufacturing facility in Salt Lake City. Adds up to 540 jobs and an estimated $100 million in capital investment in Salt Lake City.
  • Biomerics – leading medical device manufacturer relocates new corporate headquarters in Salt Lake City. The 230,000-square foot facility will be located adjacent to the Northwest Quadrant, is expected to add 380 new jobs and $38.5 million in capital investment. “This new facility will enable us to better serve our customers, expand our current resources, and invest in new opportunities.”
  • Recursion Pharmaceuticals – a Utah bio tech firm expands to 100,000 square-foot facility at Salt Lake City’s Gateway, adding 215 new jobs. “We’re excited to move and contribute to the vibrant downtown community!”

Outdoor Products

  • Big Agnes – outdoor products company builds 30,000 square foot domestic distribution center. Creates 10 new jobs. “With its central location, Salt Lake City positions us relatively close to any of our US retailers but also not far from the West coast for ocean freight shipments.”
  • Wild Tribute – outdoor apparel company relocates to Salt Lake City adding 10 new jobs. “Salt Lake City provides the perfect backdrop to deliver our message.”
  • Rotor Bike Components – international bike product manufacturer opens distribution facility in Salt Lake City, adding 5 new jobs.
  • Assos of North America – First U.S. facility adds 10 new jobs, eyes set on the U.S. cycling market. “The location provides easy access to road and mountain bike rides and the city’s growing cycling-friendly infrastructure.”

Real Estate & Coworking

  • IPG Commercial Real Estate – capital investment of $50 million and 100 new jobs.
  • Industrious HQ – office space provider builds out new 22,850 square-foot space. “The City is already home to so many amazing companies and brands, we’re excited to be a part of their growth and success.”
  • Kiln – a tech-oriented coworking and startup community builds out 25,000 square feet of space at Salt Lake City’s Gateway, creating 10 new jobs. “The amount and level of innovation coming out of Salt Lake City has many taking notice, both at home and abroad.”

Salt Lake City Department of Economic Development is committed to doing what is necessary to build on this strong foundation by reaching out to attract entrepreneurial companies from across America and throughout the world.

Need more assistance? We’re here to help. Call us at (801) 535-7200 or email ed@slcgov.com.