Mar. 23, 2011
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  Economic Review  
Jeff Edwards President's Message
Giant in Our City; Giant ED Project Comes to Fruition

Last week it was my privilege to attend the "Giant in Our City" event sponsored by the Salt Lake Chamber of Commerce. This year's honoree was Bishop David Burton of the LDS Church. His impact on Utah has been monumental and this recognition is most deserving. Read more about this award in the Salt Lake Tribune.

Also last week, a giant economic development project came to fruition when Procter & Gamble Co. held the ribbon cutting for its facility in Brigham City. This is a wonderful economic development success story for Box Elder County and Utah. The P&G project was one that EDCUtah and GOED worked very hard to secure. Congratulations to P&G and also to Box Elder County. Read more about this great success story in the Deseret News, Salt Lake Tribune and Standard-Examiner.

Today's Economic Review also includes links to many of the ED-related news stories from the past week. As always, if you have comments, suggestions or topics you'd like to see in the Economic Review, please contact us by clicking the "Comments" link on the bottom of this page. Enjoy!

Jeff Edwards

Jeff Edwards
President and CEO

Feature Story
Economic Developers from Across Utah
to Gather April 5 for Networking, Training Event

On April 5 economic developers from across the state will gather at the corporate headquarters of SOS Staffing Services, 2650 Decker Lake Blvd. in West Valley City, to hear a first-hand report on the status of the billion dollar NSA Cybersecurity Data Center being built in Bluffdale by Big D Construction, and a legislative report about the just ended legislative session.

Robert Moore, president of Big D Construction, will report on the data center project, while Utah Lieutenant Governor Greg Bell will provide a review of the past legislative session and a look forward. The economic developer gathering [details here] is one of four quarterly events sponsored by the Utah Alliance for Economic Development, a professional, non-profit organization that serves the networking and training needs of Utah economic developers and supporting public and private organizations.

RSVP by Mar. 29
Other activities during the gathering will include a "Concept to Market" training session by USTAR Executive Director Ted McAleer, a FranklinCovey "Motivation Through Marketing" training session, and a tour of the FranklinCovey printing production facility. The event begins at 8:30 a.m. and ends at 2:30 p.m. The cost to attend is $40 and includes a continental breakfast and lunch. RSVPs are due to the Alliance by March 29. Call (801) 608-1557 or email utahalliance@msn.com to RSVP.

"You don't have to be a member of the Alliance to attend our events," explains Kim Blanchard, Alliance administrator. "Our goal is to have 100 people attend the April 5 meeting, so bring a friend and come see what we are about."

Blanchard says the organization has 165 members from across the state. Originally called "Metro Utah," the organization was created by the Governor's office. In the early 90s Metro Utah evolved into the Utah Alliance for Economic development and became a non-profit organization that gathers quarterly for training and networking. The Alliance's winter meeting is always held in St. George to coincide with the "What's Up Down South?" Economic Development Conference held there every January. The July 14, 2011 meeting will be held in Springville, while the October event will be held in Brigham City.

Corporate Sponsors
Funding for the Alliance comes from nominal membership dues of $75 annually and from corporate sponsorships of $350 annually. Platinum sponsorships are $1,000 per year. Rocky Mountain Power is the Alliance's first platinum sponsor. Other corporate sponsors include:

  • Ascent Construction
  • Big D Construction
  • Economic Development Corporation of Utah (EDCUtah)
  • Governor's Office of Economic Development (GOED)
  • Jacobsen Construction
  • Layton Construction
  • Mountainwest Small Business Finance
  • Questar Gas Corporation
  • Six County Association of Governments
  • Skill Staff/SOS Staffing Services
  • Smith Hartvigsen
  • Terracon Consultants

EDCUtah and GOED have been sponsors since the Alliance was formed. EDCUtah President & CEO Jeff Edwards says the Alliance serves a valuable function, especially in connecting all of the economic developers and interested businesses across the state. All of EDCUtah's business development managers are Alliance members and Russ Fotheringham, EDCUtah's Utah County economic development manager, currently serves on the Alliance's board of directors.

Not Just for Economic Developers
Blanchard notes that participation in the Alliance is not just for economic developers. Businesses can benefit, as well, by staying up-to-date regarding economic development activities and also through networking opportunities. As for its membership of economic development professionals, the Alliance provides them with invaluable training about the various economic development tools and technologies that are available and best practices.

Alliance President DeLynn Fielding, who is also economic development director for Carbon County, has been a member for approximately 10 years. He says the Alliance serves a significant role in helping the state's economic developers stay on the same page. "The unity of effort is important. I know it is cliché but a rising tide raises all ships," he adds. "Networking by Utah economic developers ultimately benefits the whole state." Blanchard describes it as a "cross-pollinating effort -- we exchange ideas and look for opportunities to discuss what is going on and what is working among our economic development members and business partners."


Mar. 23
EDCUtah Quarterly Investor Update, 3:45-6 p.m. (Juan Diego Catholic High School Library - 300 East 11800 South, Draper) Investors $20, all others $25. Payment in advance is appreciated. VISA, MasterCard, Discover, AmericanExpress accepted. No-shows will be billed. Please RSVP by Monday, March 21, 2011 to: Eileen Burt at 801-323-4249; eburt@edcutah.org

Mar. 28
The Governor's Utah Economic Summit (Grand America Hotel, Salt Lake City)

Mar. 28 - April 1
JEC (Paris)

April 19
Second Annual Utah Renewable Energy Conference, 9 a.m. to 9 p.m. (Salt Palace Convention Center)

April 28
Third Annual Milford Renewable Energy Fair (Milford High School)

April 30 - May 5
IAMC (Albuquerque, NM)

May 1-3
CoreNet Global (Chicago, IL)

May 22-25
ICSC Recon (Las Vegas, NV)

May 23-26
SAMPE (Long Beach, CA)

June 8
EDCUtah Golf for Grants Tournament (Eaglewood)

Nov. 16-17
Utah Renewable Energy Business Summit (Salt Palace Convention Center)

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The EDCUtah Economic Review is a weekly publication of the Economic Development Corporation of Utah. It is distributed to EDCUtah partners and selected other government and civic organizations interested in Utah's economic development.

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In the News

Governor, CEO have honor of opening of P&G plant in Utah
The new $300 million Procter & Gamble Co. plant in Box Elder County is big, but the potential is even bigger, and that had Gov. Gary Herbert smiling at the ribbon-cutting Wednesday.
(Salt Lake Tribune) (Deseret News) (Standard-Examiner)

A taste of the Far East -- on State Street
Golden shovels. A golden lion. The combination seemed fitting for the groundbreaking of Chinatown, an expansive Asian-themed shopping center in South Salt Lake that developers describe as the first of its kind in Utah.
(Salt Lake Tribune) (Deseret News)

Bike-related distributor opens environmentally friendly center in Ogden
Quality Bicycle Products has begun full operations at its new, environmentally friendly 85,000-square-foot distribution center in Ogden.

Tourism board signs off on TV ad campaign
The Utah Board of Tourism Development finalized plans Wednesday to launch a $2 million television and online campaign promoting the state as a spring and summer vacation destination.
(Salt Lake Tribune)

Bonding would fund new DATC composites facility
With the Governor's approval, bonding should pave the way for a Davis Applied Technology College new composites center.
(Davis County Clipper)

Job count increasing in Utah
More Utahns were working in February than were employed in the same month in last year.
(Deseret News) (Salt Lake Tribune)

Report: Visit Salt Lake flourished in a tough 2010
For a year that started glumly with the layoff of 10 employees, 2010 turned out productive for Visit Salt Lake, the CEO of the convention and visitors bureau said Thursday.
(Salt Lake Tribune)

As USTAR's budget falters, its federal grants soar
Despite steep funding reductions in recent years, the innovation driver known as USTAR is enjoying a banner year pulling in research grants, topping $22 million in the first half of fiscal year 2011.
(Salt Lake Tribune)

Utah convention business recovering
While the past three years have seen tough economic times for virtually every economic sector, the convention and tourism business is no different.
(Deseret News)

SLC wants to activate its foreign trade zone
Two years after the federal government gave the go ahead, Salt Lake City's foreign trade zone still is without a tenant -- a drawback that raises the question of whether, this time, things really will be different.
(Salt Lake Tribune)

Geneva redevelopment project meets opposition
The Alpine School District and Utah Taxpayers Association don't want to see public money used to fund part of the $900 million-plus makeover planned for the former Geneva Steel property.
(Deseret News) (Daily Herald)

WVC gets creative to land hotel for its City Center
City leaders have landed the four-star hotel they yearned to include in the City Center urban renewal project — thanks to a creative financing deal that means the city's Redevelopment Agency will own the building for 25 years.
(Salt Lake Tribune)

Op-ed: UTOPIA will continue to help Utah lead in broadband
Utah has more computers per household than anywhere in the country, and the U.S. Department of Commerce says we lead the nation in percentage of homes with high-speed Internet access.
(Salt Lake Tribune)

For economy, "very high marks to Legislature"
Very high marks were awarded to the 2011 Utah State Legislature from an economic perspective, Thursday.
(Davis County Clipper)

Salt Lake Chamber names LDS Church's Burton 'Giant in Our City'
The Salt Lake Chamber has selected LDS Church Presiding Bishop H. David Burton as its 2011 Giant in Our City.
(Salt Lake Tribune)

Utah resorts lead way to improved hotel showing
Hotels across much of Utah fared better in February than they did in the same month a year earlier, but in no area was that more important than Park City.
(Salt Lake Tribune)

Airport overhaul includes blend of local shops and chains
Overhauling its shops and eateries for the first time in half a century, Salt Lake City International Airport has landed a blend of national brand names and local standouts such as Market Street Grill and Sam Weller's Bookstore.
(Salt Lake Tribune)

Online Registration Open for Utah Tourism Conference
Online registration is now open for the 8th Annual Utah Tourism Conference that will be held in Park City from May 11-13, 2011.
(Utah Pulse)

Wendolyn Holland, DOE, to keynote Utah Renewable Energy Conference 2011 in Salt Lake City, April 19
There's something for everyone with an interest in clean and renewable energy at the second annual Utah Renewable Energy Conference 2011, April 19 from 9 a.m. to 9 p.m. at the Salt Palace Convention Center, 100 South West Temple in Salt Lake.
(Utah Pulse)