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The Governor’s Office of Economic Development is busy, potentially fruitful to the tune of 10,000 new jobs

July 19, 2007 /

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Only a couple of years old, the Governor’s Office of Economic Development has been busy and potentially fruitful — to the tune of 10,000 new jobs from economic incentives granted to companies.

Michael Nelson, executive director of GOED’s incentives and business recruitment, told a legislative committee on Wednesday that about $77 million in incentives approved for 28 companies ultimately could lead to 10,000 new jobs, new state revenue of $476 million, capital investment of $2.7 billion and new wages of $4.6 billion over the next decade.

By Brice Wallace
Deseret Morning News

Full Story: http://deseretnews.com/dn/view/0,1249,695193111,00.html

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