Article

Southern Utah

May 8, 2014

Wilson Electronics to Expand its St. George Headquarters

St. George – WILSON ELECTRONICS plans to expand its existing facility in Washington County and has signed a tax incentive agreement with the Governor’s Office of Economic Development.

Wilson Electronics expects to add 75 to 150 new professional and production positions over the next five years; these positions will pay on average 125 percent of the average wage in Washington County, with each position including benefits. New state wages over the five-year life of the agreement are expected to be approximately $22.4 million. The expansion is also expected to lead to an estimated capital investment of $2.7 million. Over the five-year period, the expansion is estimated to generate new state taxes of $1.7 million.

“Wilson Electronics has a long history as a job creator in Washington County,” says Robert Van Buskirk, Wilson Electronics’ president and CEO. “We’re very pleased that the company is able to contribute to the local economy by creating additional jobs as we expand into new markets and continue to grow our existing business.”

As part of a contract with Wilson Electronics, the GOED board of directors has approved a maximum cap tax credit of $266,312 in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) incentive, which is 15 percent of the net taxes Wilson Electronics will pay over the five-year life of the agreement. Each year as Wilson Electronics meets the criteria in its contract with the state, it will earn a portion of the tax credit incentive.

Wilson Electronics designs and manufactures amplifiers, antennas and related components to improve communications for cell phones and cellular data devices.


Juab County – HOUWELING’S TOMATOES announced it will build a new, environmentally friendly greenhouse tomato farm in Juab County that is expected to create more than 280 new jobs. The company signed a tax incentive agreement with the Governor’s Office of Economic Development.

St. George – MEDICAL CANNABIS PAYMENT SOLUTIONS, which provides technological solutions for the medical cannabis industry, announced plans to open a call center in St. George. The company expects the call center to create up to 50 new jobs in the coming year.

St. George – Two in-vehicle 4G boosters made by WILSON ELECTRONICS were certified by the Federal Communications Commission to the new 2014 signal booster technical standards. The Mobile 4G and the Sleek 4G are the only two certified 4G signal boosters currently available for vehicles in the United States.

Parowan – SCATEC SOLAR received final approvals to proceed with building the Utah Red Hills Renewable Energy Park, an 80 megawatt photovoltaic solar plant in Iron County. Construction is estimated to start in the third quarter of 2014.

St. George – INTERMOUNTAIN MEDICAL CENTER in Murray and DIXIE REGIONAL MEDICAL CENTER in St. George opened a new specialty clinic at Dixie Regional to serve patients who need liver care.

Cedar City – SOUTHERN UTAH UNIVERSITY broke ground on the Beverley Taylor Sorenson Center for the Arts. It will serve as the home to the new Shakespeare Theatre and a new studio theater for the UTAH SHAKESPEARE FESTIVAL.

 

 

Utah Business Social
UB Events View All
CEO of the YearUtah Business Event
Mar 20, 2015
Utah Business Magazine and Presenting Sponsors - Holland & Hart and Newmark Grubb ACRES - are pro...
Job Summit 2015Utah Business Event
Apr 10, 2015
Position your company as a Premier Employer in today's competitive job market! Utah Business maga...
30 Women to WatchUtah Business Event
May 21, 2015
Utah Business magazine and Snell and Wilmer are proud to announce the 18th annual 30 Women To Wat...
Community Events View All
Advance Your HR Career by Building Credibility, Trust, and Professionalism
Mar 3, 2015
Even if you know your craft, do you know how to improve others’ perception of your ability and pr...
CEH - Certified Ethical Hacker
Mar 3, 2015
Learn to hack like a pro, while pleasing the boss! The ethical hacker is usually a trusted employ...

info@utahbusiness.com  |  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:
Date(s):
to
* Event Description:
  Cancel