August 15, 2014

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah


Martin Plaehn

Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

In the Lab

Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

A Breath of Fresh Air

Worst-Case Scenario

Regional Report
Northern Utah

Measure Up

Industry Outlook
Travel & Tourism


Article Plans to Add 333 IT Jobs

Press Release

August 15, 2014

Salt Lake City – has announced it plans to by bring 333 IT jobs to Salt Lake County over the next 10 years. The jobs were previously contracted out of state. The company has signed an incentive agreement with the Governor’s Office Economic Development.

The total wages of the jobs, including medical benefits, are expected to be at least 200 percent of the county average wage. The projected new state wages over the life of the agreement are expected to be approximately $300,843,588. Projected new state tax revenues, as a result of corporate, payroll and sales taxes, are estimated to be $11,406,215 over 10 years. The expansion has the potential to result in an expected capital investment of $2,650,645.

“ has benefited enormously from being headquartered in Utah,” said company CEO Patrick Byrne. “The state’s strong economy and a workforce that is educated and tech-savvy have been key factors in our growing to a $1.5 billion company.”

As part of a contract with, the GOED Board of Directors has approved up to a maximum tax credit of $2,281,243 in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) incentive, which is 20 percent of the new state taxes will pay over the 10-year life of the agreement. Each year as meets the criteria in its contract with the state, it will earn a portion of the total tax credit incentive. 

Utah Business Social
UB Events View All
Twenty in Their 20sUtah Business Event
Nov 5, 2015
Meet the young and ambitious professionals who are taking the business world by storm! The honore...
Sustainable Business Awards Utah Business Event
Nov 19, 2015
Utah Business magazine is pleased to announce the Utah Sustainable Business Awards. This program ...
Sustainable Business Awards 2015 - NOMINATIONS OPEN IN JULY 2015Utah Business Event
Nov 19, 2015
Utah Business magazine is pleased to announce the 2015 Sustainable Business Awards! This program...
Community Events View All
Salt Lake City Sales Hiring Event
Oct 13, 2015
Salt Lake City Professional Career Event - Sales & Management Specific HireLive is a national ...
Moab Dancing with the Stars
Oct 16, 2015
Dancing with the Moab Stars, Moab Valley Multicultural Center's annual event and fundraiser, is g...  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
* Event Description: