Utah gets a peek at business incentives. Economic development: The process of luring businesses to the state is still far from open

In a limited attempt to be more open about how they are spending taxpayer money, the Governor’s Board of Economic Development on Friday revealed it is offering $750,000 in incentives to ViraCon Inc., an architectural glass maker that is considering putting a plant in Washington County.

Revealing the company’s name before it has committed to place a facility in the St. George area represents a departure from long-standing board practice that kept such information secret from taxpayers, even if the company was willing to talk publicly about its plans.

By Steven Oberbeck
The Salt Lake Tribune

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Secrecy or disclosure? State job-creation board trying to balance needs

By Brice Wallace
Deseret Morning News

State officials and a board handling job-creation financial incentives are vowing to disclose as much information as possible about companies getting money from the state.

But that does not necessarily mean they will always tell the names of the companies.

Representatives of the Governor’s Office of Economic Development and the GOED board said Friday that sometimes companies’ reasons for confidentiality are legitimate.

"We always see if they will allow us publicly to disclose who they are and to be more open, whenever that’s possible," said board member Dell Loy Hansen, who chaired Friday’s board meeting. "That’s just good business for us and for them."

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Economic board approves incentives for 2 businesses

Deseret Morning News

The Utah Governor’s Office of Economic Development Board approved two company incentives Friday, including:

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